According to the article 3DR continues to lay off employees. They are moving toward corporate/industrial drone use.
Decide for yourself.
Drone-maker 3D Robotics cuts jobs, refocuses on corporate market
My brother is a business expert and I asked him to research 3DR and give me his opinion of their future viability. Here is his response:
I have been waiting for their quarterly report but it apparently still has not been filed. From the articles I have seen, they moved to commercial since others cut their drone prices quickly and 3D was slow to follow and lost customers. Basically it looks like the consumer market is too competitive for them.
There have been a few articles about their new drone and enhancements to the SOLO system. You probably have seen them (one about a week ago). In any event, they still are losing money and are going to lay off a few more employees. The articles are upbeat about the company but I am always suspicious if they are still losing money and employees. They seem to have some strong backing from bigger folks so someone thinks they are on the right track. Drone sales seem to be climbing and the FAA apparently just approved night flights for commercial drones.
I will continue to watch folks like Amazon and other who are looking at drones for delivery purposes. I expect they will use them internally to move things from one building to another.
I will let you know when they file their quarterly report. Losing money is not a big issue for a new company but the trend will need to stop sometime. Laying off employees is never good business so I don’t know what their plan is but someone is paying attention to costs so that is good.
I would keep an eye out on the articles they put out and see what they say. I would assume they will continue to service their “premier” drones since they make good test beds for their commercial work but after a time, I would expect them to exit the consumer arena since it appears it is too saturated with other offering the same or better products.
Decide for yourself.
Drone-maker 3D Robotics cuts jobs, refocuses on corporate market
My brother is a business expert and I asked him to research 3DR and give me his opinion of their future viability. Here is his response:
I have been waiting for their quarterly report but it apparently still has not been filed. From the articles I have seen, they moved to commercial since others cut their drone prices quickly and 3D was slow to follow and lost customers. Basically it looks like the consumer market is too competitive for them.
There have been a few articles about their new drone and enhancements to the SOLO system. You probably have seen them (one about a week ago). In any event, they still are losing money and are going to lay off a few more employees. The articles are upbeat about the company but I am always suspicious if they are still losing money and employees. They seem to have some strong backing from bigger folks so someone thinks they are on the right track. Drone sales seem to be climbing and the FAA apparently just approved night flights for commercial drones.
I will continue to watch folks like Amazon and other who are looking at drones for delivery purposes. I expect they will use them internally to move things from one building to another.
I will let you know when they file their quarterly report. Losing money is not a big issue for a new company but the trend will need to stop sometime. Laying off employees is never good business so I don’t know what their plan is but someone is paying attention to costs so that is good.
I would keep an eye out on the articles they put out and see what they say. I would assume they will continue to service their “premier” drones since they make good test beds for their commercial work but after a time, I would expect them to exit the consumer arena since it appears it is too saturated with other offering the same or better products.
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