Drone Evolution
Wales
Investment Fund for Wales
Caerphilly based drone development specialists and service providers Drone Evolution received an £850k investment from the Investment Fund for Wales, via fund managers the Foresight Group. Drone Evolution is a scaling commercial drone services company at the forefront of how businesses and organisations can use drones to increase levels of public safety.
When Storm Dennis tore through the UK in February 2020 and a month’s worth of rain fell within 48 hours, the team behind Caerphilly-based Drone Evolution was called upon to guide Local Authorities across South Wales’ flooded communities on how best to manage the flood’s impact on the region’s coal tips. They have been consulting with Local Authorities across the area ever since.
Download The Power of 10:10 Year Impact Report
The Power of 10:10 Year Impact Report sets out how the British Business Bank has supported more than 200,000 businesses to prosper and grow over the last decade.
10,000
businesses supported
109,000
jobs supported
£3bn
additional turnover expected to be created
£1bn
additional GVA expected to be created
6,000
new jobs expected to be created