Skyrobotic develops, designs, produces and markets unmanned aircraft systems (SAPR) in mini and micro classes for civil and commercial use. The company is part of the Italeaf Group and targets professional markets for civil and commercial drones. On March 4, 2016 Skyrobotic's Shareholders' Meeting approved a divisible capital increase of €0.25 million through the issue of 500,000 no‑par-value shares to be subscribed by May 3, 2016. Upon completion the company's share capital will amount to €2.75 million, fully paid. The capital increase is intended to plan and support the growth of Skyrobotic's productive activities. The board appointed at the meeting comprises Stefano Neri (Chairman and CEO), Spartaco Franconi (Vice President and Executive Director) and Roberto Cecchin (Director). Established in December 2013 and part of the Italeaf group, Skyrobotic focuses on the design, development, mass production and marketing of mini- and micro-class unmanned aircraft systems for civil and commercial use. The company pursues leadership in unmanned aircraft by managing the whole industrial chain from design and system integration through to turnkey production platforms for remote sensing proximity. Skyrobotic combines the technological know-how of Siralab Robotics with the operational experience and financial capacity of Italeaf. The firm completed a divisible capital increase to strengthen its balance sheet and support growth of productive activities. Proceeds are intended to help address the certification path as an operator of aircraft production at the responsible agencies. After the transaction the company's share capital stands at EUR 2.5 million, fully subscribed and paid. Skyrobotic is an Italian company established in December 2013 that develops, designs, manufactures and markets small and micro unmanned aerial systems (UAS) for civil and commercial professional use. Its core product line focuses on mini and micro drones and the company manages the full industrial chain from design and system integration to turnkey production. As part of the Italeaf group, Skyrobotic combines Siralab Robotics' technological know‑how with Italeaf's operational experience and financial capacity. In December 2014 shareholders approved a capital increase in kind that added industrial buildings and a naval‑drone business branch, positioning a new ~1,200 sqm facility as the largest Italian center for drone development and industrial production. Following the transaction Skyrobotic's share capital rose to €2.0 million, and Italeaf holds 70% while Siralab holds 30%. The company planned an additional €0.5 million cash capital increase and conversion to an S.p.A. to support rapid growth and further industrialization.

Total raised

$2M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2016