Publicly traded drone ecosystem companies include French drone manufacturer Parrot (EPA:PARRO), which trades on the French stock exchange; drone parachute company ParaZero (ASX: PRZ), trading on the Australian stock exchange; and the giant of publicly traded drone companies, Aerovironment (NASDAQ: AVAV.) Chinese passenger drone company EHang (NASDAQ: EH) is also growing fast.
In a sign that the drone industry is maturing, Measure may be only one of several drone companies to propose an IPO this year – and that’s good news for people interested in investing in drones. Reuters reported last month that EHang competitor Joby Aviation is exploring a public offering, other investment news sites are writing about a number of drone companies.
As for the giant in the room? Rumors that drone manufacturer DJI would go public have been around for more than two years. DJI continues to hold a clearly dominant market share in the worldwide drone industry. Despite political headwinds in the U.S., investment analysts from Torres Capital wrote in November 2020 that 2021 could be the year that a DJI moves forward with a public offering.