![]() investors, but this French wireless products manufacturing company has been around since 1994 and has a current market cap of $626 million and 2014 revenues of $268 million with a small loss of $2.75 million. Parrot may not be that well known among U.S. While it may not be a drone pure-play yet, PARRA is on target to become one in the near future. Other private players also compete in this space but as for publicly traded companies, the only viable option for retail investors today may be a French company called Parrot ( EPA:PARRA) which is also traded on the OTC market ( PAOTF). The second biggest privately held electronics company in the world, DJI Innovations, is also the world’s biggest maker of these types of drones. This is a market that is experiencing the type of rapid growth that investors want a piece of. Just today, Amazon requested a special air zone for their planned air delivery drones. Increasing mentions in the media are also driving interest from retail investors: Google Trends Results for Drones You may have decided you wanted to invest in drones because one was buzzing around your neighborhood recently, or you noticed they’ve started cropping up an awful lot in reality TV, NatGeo shows, and YouTube videos. ![]() Instead, Consumer and Commercial Drones are where the real growth is expected to be at. This technology is in widespread use today, and the growth will most likely be based on the number of rich countries engaged in “wars” at any given time. There isn’t anything necessarily disruptive about an unmanned aircraft taking high-altitude pictures or lobbing rockets at the enemy. Military Drones have been in development since as far back as World War 1, were widely used in the Vietnam War, and have no doubt been widely used ever since. From an investor’s perspective, these two types of drone represent two very different types of exposures. When we talk about drones, we first have to clarify which of the two main types of drones we’re talking about military drones or commercial/consumer drones.
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