November 19, 2020 | Deals

GCA Altium advises SwissDrones on major capital raise

GCA Altium has acted as exclusive financial advisor to SwissDrones, a Swiss manufacturer of unmanned helicopters with industry-leading payload capacity, on a major capital raise for the company.

SwissDrones was established in 2013 and is headquartered in Switzerland. Its dual-rotor unmanned aerial vehicles (UAVs) are used for aerial surveillance, search-and-rescue (SAR) and inspection, enabling missions to take place under difficult or dangerous conditions – such as harsh weather or flying over hostile areas – and they fill the gap between lightweight drones and manned aircraft, providing their clients with a significantly more cost-effective solution. Additionally the company offers pre-installed sensors, as well as Fleet Management Software developed together with Lufthansa Technik.

SwissDrones is ahead of the curve in a highly regulated environment, with a customer base in 12 countries and strong market growth, having sold more than 30 helicopter systems to date. The company has also been recognised within the industry, having been selected as one of the Top 50 Global UAV Enterprises by the World UAV Federation in 2020.

The capital raised for SwissDrones will provide the firm with the financing and expertise to continue scaling and expanding the business, allowing it to further develop its Beyond Visual Line of Sight (BVLOS) and Drone-as-a-Service offerings with a view to becoming the global market leader in unmanned helicopter solutions.

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