London Defender

The Daily Mirror of the Great Britain

Delta Drone a forgotten big player in the drone market

Delta Drone, based in Dardilly, France, could be one of the big beneficiaries of the upcoming drone boom.

According to the report by Allied Market Research, the global drone service market was generated $4.21 billion in 2020, and is expected to reach $128.18 billion by 2030, growing at a CAGR of 40.7% from 2021 to 2030.

Growing demand for time-efficient delivery services, rising demand for industry-specific solutions, and increasing implementation of autonomous security and surveillance systems are driving the growth of the global drone services market. However, cybersecurity issues associated with drones and limitations in the operational bandwidth of drones are hindering the market growth. On the other hand, revised regulatory framework and technological advancements in drones are expected to create new opportunities in the coming years.

Delta Drone is likely to be one of the winners from this rapid growth surge, as it is already very technologically advanced and broadly positioned in many fields.

The company is currently financing itself heavily by issuing new shares, which is also less pleasing for the shareholders because the share price has moved sharply downwards.

The share of “short interests” in Delta Drone will also be very high, which can lead to significant price fluctuations when the bottom is found.