1. Press release
DRONE VOLT
The French audiovisual drone leader
to list on the Euronext Free Market
Villepinte, April 16, 2015 – DRONE VOLT (ex Fpv4ever), the French leader in the field of
civilian drones for professional use, is announcing the success of its 300 000 euros fund
raising, and is also announcing the listing of its shares on the Euronext Paris Free Market.
This new capital will give this young and innovative company the means to accelerate its
development in a fast growing market.
Innovation, growth and cost-effectiveness
Created in 2011 and headed by Chairman Dimitri Batsis, DRONE VOLT specializing in
civilian drones for commercial and high-end professional use, is well-positioned to add value,
also to advise and assist suppliers of « turnkey » business solutions. Our services would
typically include providing the drone, the accessories, the specific gimbals, the training, in
fact all the preparation and equipment to ensure the drones can be transported to the use-site,
perform, and be returned for use in future missions.
DRONE VOLT also acts as an on-going partner, by taking care of administrative procedures
(registration) for its customers as well as equipment maintenance.
Along with performing profitably during the last 3 years, the company DRONE VOLT has
achieved a turnover of 1.7 million euros in 2014, together with a healthy increase in sales, up
40% up from last year.
Growth market
DRONE VOLT concentrates on the professional use of drones in the price range of 1,000 to
40,000 euros. In this segment, the Company has so far focused on the professional media.
Indeed, when undertaking photo or video shoots from 10 to 150 meters above the ground, the
cost savings of this technology, compared to helicopters, makes the drones particularly
competitive.
In addition DRONE VOLT is developping its skills in other applications such as :
• Aerial mapping for building surveyors, or for the optimum operation of mines or quarries ;
• Safety related fields such as monitoring of industrial sites and for civil security (beach
patrol, pollution spills, fire watch etc.);
• Infrastructure inspection for high buildings, bridges, power pylons, road structure;
• The environment (air pollution, building thermography, etc.);
• Agriculture uses in which the drone operator combines the data collected by the drone
sensors with algorithms and makes agricultural recommendations which identify any plots
affected by disease, lack of water, etc…
2. Press release
Acceleration
This fund raising of 300 000 euros has been achieved thanks to professional investors and
business angels. It will enable DRONE VOLT to speed up its commercial expansion
covering all the segments mentioned above, and to benefit from the dynamism of the civilian
drone market for professional use which is expecting a growth up to + 70% in 2015
(according to the Xerfi analysis).
Stock Market
Further to this fund raising, DRONE VOLT is announcing the next listing of its shares on the
Free Market of Euronext Paris by direct listing. Some 47,000 shares will be offered at 6.00
euros per share, amounting to 282,000 euros, which represents 4.2% of the capital. The
capital of DRONE VOLT is composed of 1,117,000 shares, which results in a market
capitalization of € 6.7 million based on current listing. The DRONE VOLT shares will be
listed as of 21 April (ISIN FR0012649184 / Ticker MLDRV).
Dimitri Batsis, Chairman of DRONE VOLT, says : "I’m looking forward to the next listing
of DRONE VOLT on the stock market, which represents a significant milestone for the
company and will enable the acceleration of its deployment. We are facing a market that
offers us tremendous development opportunities. We will reinforce our team and keep
investing in R & D in order to maintain our technological advance. The success of our
increase in capital has enabled us to welcome new investors attracted by our project. I do
thank Mr Jérôme Marsac for the quality of his advice and active coaching during this
operation. »
DRONE VOLT has been assisted by Jérôme Marsac Advisor Brussels for his fund raising
efforts and by ATOUT CAPITAL Paris, the Listing Sponsor for the quotation.
About DRONE VOLT
Established in 2011, DRONE VOLT is a company which specializes in the design and
marketing of civilian drones for professional use. This young company, leader in audiovisual
drone technology, also supports Public Administration Organizations and industrial users in
the on-site production of aerial shots. Among its customers are DAKAR, FRANCE
TELEVISIONS, Gedeon, the Air Transport Gendarmerie (GTA), SPIE, TF1, etc.
More information at :
www.dronevolt.com
Contacts
Relations médias FINANCE
ACTUS finance & communication
Jean-Michel Marmillon – T +33 1 53 67 36 73
dronevolt@actus.fr
Relations médias GRAND PUBLIC ET METIER
DRONE VOLT
Céline Vergely – T : +33 6 08 42 75 84
celine@dronevolt.com