Drone Division

Wielsbeke, Belgium Founded: 2017 • Age: 9 yrs Acquired By Citymesh
Drone-based inspections and data insights are delivered for industrial assets.
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About Drone Division

Drone Division is a company based in Wielsbeke (Belgium) founded in 2017 by Stefaan Degryse and Jeroen Mortier was acquired by Citymesh in June 2023.. Drone Division offers products and services including Drone Inspection Service and AssetInspect Software. Drone Division operates in a competitive market with competitors including Zeitview, Raptor Maps, Cyberhawk, Above Surveying and SkyX, among others.

  • Headquarter Wielsbeke, Belgium
  • Founders Stefaan Degryse, Jeroen Mortier
  • Sectors
    Aerospace, Defense & Maritime
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Drone Division
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
    $7.12 K (USD)
    3
    as on Dec 31, 2020
  • EBITDA
    $28.03 K (USD)
    32
    as on Dec 31, 2020
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Citymesh

    (Jun 22, 2023)

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Products & Services of Drone Division

Drone Division offers a comprehensive portfolio of products and services, including Drone Inspection Service and AssetInspect Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers safe, non-destructive drone inspections for industrial assets.

Facilitates data collection, analysis, and reporting for asset maintenance.

Funding Insights of Drone Division

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Drone Division

Drone Division has secured backing from 1 investor. Prominent investors backing the company include Citymesh. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Wireless internet services are operated in Belgium by Citymesh.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Drone Division

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Drone Division

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Drone Division Comparisons

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Competitors of Drone Division

Drone Division operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zeitview, Raptor Maps, Cyberhawk, Above Surveying and SkyX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
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Drone-based inspection software is provided for asset analytics and management.
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Drone-based monitoring and inspection services for solar panels are provided.
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Drone-based visual data collection, inspection, and asset management are provided.
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AI and drone-based solar monitoring and analytics services are provided.
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Long-endurance VTOL drones are developed and inspection services are provided.
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Solar-powered autonomous UAVs are manufactured for diverse commercial uses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Drone Division

Frequently Asked Questions about Drone Division

When was Drone Division founded?

Drone Division was founded in 2017.

Where is Drone Division located?

Drone Division is headquartered in Wielsbeke, Belgium. It is registered at Wielsbeke, West Flanders, Belgium.

What does Drone Division do?

Drone Division was established in 2017 in Wielsbeke, Belgium. Data-driven insights and non-destructive inspections for industrial assets are conducted using drones. Solutions are tailored for sectors such as energy, telecom, and infrastructure. Operations emphasize efficient asset monitoring and analysis across these industries, with a focus on Belgian and European markets. Co-founders Stefaan Degryse and Jeroen Mortier lead the company.

Who are the top competitors of Drone Division?

Drone Division's top competitors include Zeitview, Raptor Maps and Cyberhawk.

What products or services does Drone Division offer?

Drone Division offers Drone Inspection Service and AssetInspect Software.

Who are Drone Division's investors?

Drone Division has 1 investor. Key investors include Citymesh.

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