DJI

“One is actually building the drones, and this is a space that's dominated by players like DJI, which are vertically integrated in China, really focused on being operationally excellent when it comes to manufacturing, and really focused on kind of rapidly itera…”

“But also, let's be super clear, you know, DGI is just a consumer electronics company. It's a ten billion dollar company. And they're showing no signs of stopping.”

“Well, I think a lot of the money to date has poured into hardware. So, you know, the biggest companies that have been funded to date have been DJI, Three D robotics. They've really taken the majority of the investment and thus far it's been really hard to buil…”

“So I think that conventional wisdom to date has been that drones were going to quickly go to commodity. And yet what we found is that DJI has remained pretty much untouchable in delivering this sort of complete hardware package for an end user.”

“There's not a lot of money being made yet in drones, you know, with the exception of the military market. The only company really making any revenues is, is DJI. And even that is quite small.”

“There was a report earlier this year that the U.S. Army stopped using DJI products because they were concerned about cybersecurity and things like that.”

“I think that's going to change over time. You know, we're seeing more and more investment from chipset makers like Intel and Qualcomm trying to make it easier for more OEMs to bring drones to market. We're seeing significant contributions to open source flight…”