Idronect
company on 1 show · 13 statements across 1 episodes · said 23 times in 1 episodes since 2019
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2019 23 mentions in 1 episode
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13 statements about Idronect, every show
Idronect acquires new paid subscribers with a CAC of exactly 38 euros
“We are at the moment at 38 euros.”
Idronect boasts an exceptionally low annual customer churn rate of 5%
“It's five percent on yearly basis.”
Idronect has saturated the Belgian drone market and must expand internationally
“In Belgium, we have reached a little bit our limit. There are so, only so many drone pilots that there, that are there in Belgium.”
Verbruggen: Idronect is one of few platforms using airline-grade aeronautical data
“We are one of the only companies that really use what we call aero, aeronautical data quality compliant charts, which means that drone pilots that use either neck use exactly the same information than airline pilots use.”
Idronect's recurring revenue currently covers all fixed operating costs
“Fixed costs at the moment can be brought, can we, can be covered by our revenue.”
Verbruggen: Idronect had about 100 paying customers one year ago
“Well, a year ago, let's say that we were about at a hundred paying customers.”
Idronect triggers its paywall only when communicating with aviation authorities
“So whenever they start communicating through our platform to the authority, then we provide really the value. So whenever they do that, then we introduce the payment. All the rest, like charts, like aeronautical charts, weather information, a logbook, all of t…”
Idronect converts an impressive 20% of freemium users to paid plans
“We are about 20% upgrade to paid.”
Verbruggen: Idronect has 1,500 users, all based in Belgium
“Well, at the moment, we are at 1500 users. They are all in, in Belgium.”
Idronect's platform can adapt to any local drone regulation globally
“We're going fully international now, and we are able to cost to cater for any drone regulation anywhere in the world right now.”
Verbruggen: Idronect leads Belgium market, charging 20 euros per month
“We are market leader in Belgium, and there our customers pay 20, 20 euros, so let's say 24 dollars a month.”