so many possibilities, page-60

I have found ELS ability to quantify the potential market for Halo somewhat lacking. I do note however some high-level details in their Investor Update in late Nov 2020, which was an improvement.

In terms of market size, I recently came across a couple of articles on ARK, who paint a much more compelling potential market for DRONE delivery, exponentially increasing from 2025 to 2030 once BVLOS becomes common place. An exciting thematic no doubt but it still requires the right people to deliver. (Apologies if this has been previously posted)



“ARK believes that drone delivery platforms will generate roughly US$275 billion in delivery revenues, US$50 billion in hardware sales, and US$12 billion in mapping revenue by 2030.”

Source: https://www.livewiremarkets.com/wires/thinking-long-term-try-these-big-ideas

ARK estimates that drones will deliver food orders for only $0.25 per order at scale, boosting food delivery as a percent of food-away-from-home from 2% today to nearly 40% by 2030,” notes Keeney. “Drones are likely to deliver nearly half of those orders. Owning the technology stacks, drone manufacturers like Skydio or Amazon are in good positions to offer the logistics networks and enjoy the lion’s share of drone delivery economics.”

Source: https://www.etftrends.com/disruptive-technology-channel/drones-x-food-delivery-opportunity-for-ages/#:~:text=%E2%80%9CARK%20estimates%20that%20drones%20will,nearly%20half%20of%20those%20orders.