Azur Drones raises an additional $2,9 million for its SKEYETECH autonomous drone and strengthens its management team

Posted in News on July 21, 2020

PRESS RELEASE 

The group has raised nearly $29 million in 4 years

 

Paris, July 20, 2020 – Azur Drones, European leader in autonomous drones, announces that it has finalised a new fundraising with a French private investor. The group has now raised nearly $29 million in just under 4 years.

The health crisis as a lever for new opportunities    

This new fundraising will contribute to the continued deployment of the SKEYETECH autonomous drone in France and abroad supported by an increased demand resulting from the Covid-19 situation.

“The pandemic has highlighted a need for automation and new technology to guarantee continued industrial activity and limit human exposure during interventions. The resulting economic crisis also requires businesses and States to optimise their indirect costs by using technology that supplements human systems. Our SKEYETECH solution is completely in line with this logic and we are delighted by this fundraising that will make it possible to fulfil an ever-growing order book., explained Jean-Marc CREPIN, CEO of Azur Drones.

Developed for the surveillance of sensitive and industrial sites, SKEYETECH autonomous drone is designed to be operated directly by a security guard. As such, it requires no prior skills, nor any remote pilot certifications. The drone fits directly into the existing security system to carry out specific checks, perimeter patrols or to assist security teams during an intervention. It thus allows to strengthen security levels on installations while making the costs of those operations profitable.

 

 

Management team structuring

Azur Drones is also strengthening its management team with the following appointments:
Grégoire LINARD as Deputy Managing Director in charge of R&D,
Antoine LECESTRE as R&T Director,
François COUTANCEAU as Industrial and Supply Chain Director,
Nicolas DOUAUD as Quality and Certification Director.

In addition to these internal promotions, Emilie LERUSTE is joining Azur Drones as CFO. Emilie LERUSTE has 15 years of experience with the General Electric Group and excellent knowledge of the industrial sector and international financial systems.

“We are delighted with the arrival of Emilie LERUSTE in our management team. Her recruitment, combined with the extra fundraising, will make it possible for us to sustain the ramping up of our production and customer deployment activities. We have already launched new recruitment campaigns for engineers and technicians.”, explains Nicolas BILLECOCQ, COO of Azur Drones.

Several SKEYETECH systems are operational in France and the Middle East. Azur Drones, the holder of the first autonomous flight authorisation in Europe, is continuing its new customer installations while keeping its technological and regulatory lead.

 

 


About Azur Drones
Founded in 2012, Azur Drones is one of the world leaders in autonomous surveillance UAVs. The company has developed Skeyetech system, a patented pilotless drone solution designed to reduce risks on sensitive and industrial sites. Fully integrated into existing security systems, Skeyetech is operational 24/7 to carry out specific checks, perimeter patrols or assist in crisis situations. It is today the first and only autonomous drone approved in Europe, proof of its high level of reliability and safety.

Based in Bordeaux, Paris and Dubai, Azur Drones collaborates with well-established contractors in France and abroad (US and Middle East). It is engaged in several strategic partnerships with major actors of the security market.

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