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Parrot 2021 THIRD - QUARTER BUSINESS PRESS RELEASE Paris , 18 November 2021 , 7:00 CET For the third quarter of 2021 , the Parrot group achieved consolidated revenue of € 14.5m and € 11.6m on the basis of the current consolidation scope , i.e. excluding the revenues of the subsidiaries sold in January and October 2021 , respectively MicaSense ( sensors ) and senseFly ( fixed - wing drones ) . These disposals generated cash for Parrot of approximately € 37m , including € 25m received to date , and approximately € 12m to be received by the end of 2023 and a decrease in cash consumption : the operating expenses of the divested subsidiaries totalled € 6.2m for the 2020 financial year . On the basis of this new scope , the Parrot Group achieved a turnover of € 31.2m over 9 months 2021 , up by 10 % . Parrot has thus completed its reorganisation in the commercial drone market segments that the Group considers most promising : advanced quadcopter drones and high - precision imaging software . These complementary technologies , together with the development of a global ecosystem of drone software providers , through the SDK partnership program , enable Parrot to offer comprehensive commercial solutions , with high standards of security and privacy , that meet their needs for operational efficiency . Concerning the Group's activity ( activities retained ) for the third quarter of 2021 : The revenues for micro - drones at € 5.8m is up + 35.0 % at current exchange rates . In anticipation of end - of - year commercial operations , Parrot has commenced the sale of all its consumer products still in stock , amounting to € 5.0m . During this period , Parrot also finalised production of the orders for ANAFI USA , including the first order under the framework contract signed with the French Defence Procurement Agency ( DGA ) for 150 systems . These will nourish growth in the fourth quarter of 2021 . ANAFI Ai , presented at the end of June , is in the pre - production phase for launch in the first quarter of 2022. Production supplies have been secured and the " Early Access " programme was initiated in late September . It allows professionals in the inspection , construction , infrastructure , utilities , energy , public safety , surveying , agriculture and defence sectors to evaluate the new features and use cases offered by ANAFI Ai . These include , for example , urban building inspection missions with robust 4G connectivity , mapping long - distance power lines to 48 MP at 1fps . This enables 3D models of a building to be generated by simply clicking on its map location with the FreeFlight 7 application as well as accurate flight plans to be created in complex environments with a unique obstacle avoidance system , and benefits from Integrated Secure Element to protect sensitive data or develop flight missions with AirSDK and contributes to Parrot's open - source piloting application . Pix4D’s imaging and data analysis software generated revenues of € 5.8m , up 1 % year on year at current exchange rates . Pix4D has continued to expand its professional solutions , and is the first in the industry to offer LiDAR and photogrammetric data combined . Sales of these new solutions ( Pix4Dreact , Pix4Dfields , Pix4Dsurvey , Pix4Dmatic ) and scalable platforms ( Pix4Dengine , Pix4Dcloud , etc. ) , which facilitate the integration of its technologies within companies and large groups , continued to accelerate in the third quarter . In the field of data measurement and analysis , Pix4D continues to diversify its use cases and respond to increasingly varied operations such as : measuring asphalt stocks over a surface of 41,000 m² in Australia , the follow - up of a reforestation operation of 3 million trees planted in Malawi , the planning of the relocation of indigenous populations threatened by the rise of water on 150 ha in Panama , the mapping of 2 km of new bicycle routes in Italy , the follow - up to the construction of the largest solar farm in the world , covering 8 square kilometres in the United Arab Emirates and with more than 3.2 million panels , the monitoring of sunflower and maize harvests over 50 ha in Ukraine . In July 2021 Pix4D also signed an exclusive resale distribution partnership with Beijing Skymap Technology Co. , Ltd. for mainland China . GROUP PARROT REVENUE In ЄM and % of Turnover Q3 2020 Q3 2021 Var . Micro - drones ( Parrot Drones ) 4.3 30 % 5.8 40 % + 37 % Eg . 2020 18.7 33 % of consumer products ( 1 ) 1.1 8 % 5.0 35 % + 356 % 7.3 13 % Data Analysis Software ( Pix4D ) 5.8 40 % 5.8 40 % + 1 % 23.3 41 % Parrot SA 0.1 0 % 0.1 1 % NS 0.3 NS Intercompany Disposals -0.2 -0.2 NS -1.1 NS TOTAL PARROT GROUP COMPARABLE ( 2 ) 10.0 11.5 + 16 % 52.0 MicaSense ( 3 ) 1.2 9 % Fixed Wing Drones ( senseFly ) ( 4 ) 3.1 22 % 2.9 TOTAL PARROT GROUP PUBLISHED ( 5 ) 14.3 100 % 14.5 165 0 NS 5.3 9 % -5 % NS 10.8 19 % 100 % + 1 % 57.3 100 % PARROT | Press Release | Revenue Q3 2021 1/3