The 10 years of history of the Delta Drone Group are rich in events : from the birth, the beginnings and then the take-off of an entirely new technological sector, whose global competitive dimension makes it even more complex to define the best strategy. During these first 10 years, key words have been flexibility and adaptability, while always following the guiding theme of success.
Discover the history of the company
Delta Drone International sells its Israeli subsidiary ParaZero for $6 million. This transaction provides the Australian subsidiary with sufficient resources to finance its growth by itself.
On 31 December 2021, PIXIEL officially becomes Delta Drone Engineering.
Delta Drone, already a 65% shareholder, increases its stake in ATM Group SRA to 100% and changes its name to Delta Drone Human Tech.
Delta Drone changes its accounting standards and is now using the international IFRS standard.
The combination of Delta Drone South Africa with ParaZero Ltd results in the emergence of Delta Drone International, an Australian company listed on the Sydney ASX, of which Delta Drone is the majority shareholder.
Delta Drone Maroc becomes Delta Drone Africa, after the entry of the Moroccan group EM Digital in the company’s capital, up to 49%.
After taking a 36.9% stake in Pixiel in July 2018, Delta Drone strengthens its position and now owns 100% of the company. Pixiel thus becomes the group’s R&D office.
Rocketmine becomes the first civilian drone operator in South Africa to achieve Broad-Based Black Economic Empowerment (B-BBEE) Level 1 status.
Acquisition of the remaining shares in Techni Drone. Delta Drone now owns 100% of the company.
Creation of the South African company Delta Drone South Africa, to become the umbrella company for the operating entities Rocketmine Pty Ltd, Delta Drone Africa (South Africa) and Rocketmine Ghana. Chris Clark, Rocketmine’s historical executive, is appointed General Manager of Delta Drone South Africa.
Acquisition of Rocketmine Pty Ltd in South Africa.
Change of stock exchange following the receipt of the AMF stamp on the financial prospectus, which allows Delta Drone to be now listed on the compartment of publicly traded companies.
Delta Drone is awarded the “innovative company” qualification by BPI for a period of three years.
DDrone Invest, an investment company and wholly-owned subsidiary of Delta Drone, acquires a stake in Donecle, a company specialising in the design and marketing of aeronautical inspection solutions using drones.
Delta Drone and Geodis sign an agreement to jointly develop an automated warehouse inventory solution based on the use of drones.
Acquisition of 100% of the capital of Fly n’ Sense, a historical company in the civil drone sector in France, based in Mérignac (33).
Joint announcement by Delta Drone, Institut Arvalis and Airbus Defence & Space about the launch of the first pre-operational campaign for Farmstar Expert, combining satellites and drones in the field of large-scale agriculture
Acquisition of Droneo, a company operating professional drones based in Tarbes (65).
Creation of the Delta Drone Network, which brings together 13 independent drone operators in France and provides a first territorial network of local operators.
DDrone Invest, an investment company and wholly-owned subsidiary of Delta Drone, acquires a 15% stake in Elistair, a company specialising in the design and marketing of tethered drone systems.
Creation of the investment company DDrone Invest, a US company based in Delaware.
First external growth operation in South Africa, with the acquisition of 50.1% of Cap Minerals Africa, based in Johannesburg. The company will be renamed Delta Drone Africa in June 2015. The remaining shares will be acquired in December 2017.
Various funds belonging to Nextstage subscribed to a capital increase of €2,500k. It should be noted that Nextstage funds have been present in the capital since the first day of the stock market listing in June 2013.To secure its financing, Delta Drone signs a first contract of OCABSA (Equity Convertible Bonds with Equity Warrants) with US investment firm Yorkville Advisors, for a potential total amount of €10m.
Individual investors, historical shareholders, agree to subscribe to a capital increase of €2,022,000, allowing the financing of this very difficult and turbulent period.
Upon the change of governance, and after a thorough review of the actual situation of the group, a deep internal reorganization and a strategic repositioning are decided by the new management. At the social level, these events lead to the implementation of a staff reduction plan for 34 posts (out of 67). This plan was approved by the State services on September 8th.
On May 28th, a decisive governance change for the survival of the company is voted in the General Assembly. The members of the Management Board resign, and Delta Drone becomes a company with a Board of Directors. Christian Viguié becomes Chairman and Chief Executive Officer and the former members of the Board of Directors are appointed as directors. In the following weeks, the three founding shareholders gradually sold all their shares.
After the Executive Board approved the parent company financial statements for the financial year 2013 on March 28th, the Supervisory Board ordered an audit before deciding on the validity of the consolidated financial statements. This audit finally enabled the Supervisory Board and the Statutory Auditors to approve the consolidated financial statements on April 30th. On 7 May (after the May 1st holiday), Delta Drone publishes a press release concerning the 2013 consolidated financial statements. This calendar, justified by particular circumstances, was the subject of an investigation by the AMF (Autorité des Marchés Financiers), which considered the publication deadline excessive and pronounced in February 2018 a penalty of €100k against the company.
Creation of Delta Drone Maroc, a Moroccan company with a capital of 300 000 DH, based in Casablanca.
First external growth operation, with the acquisition of MTSI companies (Mining Topographic Survey and Imaging) and Hydrogeosphere, respectively based in Toulouse (31) and Axat (11). The transaction is carried out through an exchange of securities and valuation for the two entities is at €745,000. It allows Delta Drone to acquire a strong business expertise in the fields of topography and hydrology.
Two new capital increases were carried out with qualified investors, for a total amount of €3,868,000
Following an interview with Frédéric Serre on BFM TV, speculation on Delta Drone shares is at its height, and the market capitalisation reached a peak of €147m on 25th October 2013.
Delta Drone, until then a Simplified Joint Stock Company (SAS), changed its governance and became a Limited Company with a Management Board and a Supervisory Board. Frédéric Serre, the main founder who was originally Chairman of the SAS, becomes Chairman of the Management Board. Christian Viguié is appointed Chairman of the Supervisory Board.
Delta Drone completes a capital increase of €2,950,000 with qualified investors and the company is listed on the Alternext market of Euronext Paris on June 28. The market capitalisation is then €30m.
Delta Drone creates the subsidiary Drone Services, whose mission is to organise the set-up of the French Drone School, the first training centre exclusively dedicated to drone pilot training. In February 2013, the school welcomes its first students. Drone Services changed its corporate name to Ecole Française du Drone (EFD).
At the Salon of Mountain Management (SAM) held in Grenoble, Delta Drone attracts a large number of visitors and enjoys its first media coverage for the presentation of the first prototype of its air-vector of VTOL (Vertical Take Off & Landing) type, the Delta H.
Two successive capital increases, subscribed by private investors, strengthen the capital base by €565,000.
March & July 2011
Two successive capital increases, subscribed by private investors, strengthen the capital base by €475,000.
Creation of the company J2E, uniting the 3 founders and initiators of the project.
Creation on February 25th in Grenoble (38) of the company Delta Drone by J2E, whose cash contributions of €28,000 constitute the share capital at the date of incorporation.
C2PFrance, for which Christian Viguié is chairman and 33.3% shareholder, subscribes to a first capital increase of Delta Drone for €150,000.