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Parrot SA

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Parrot
Company typePublic company
Euronext ParisPARRO
IndustryWireless / UAV
Founded1994; 30 years ago (1994) in Paris, France
FoundersChristine/M De Tourvel, Jean-Pierre Talvard and Henri Seydoux
HeadquartersParis
ProductsHandsfree, loudspeaker, miniature UAVs
Revenue€243 million, 2014
Number of employees
948 (2015)
SubsidiariesParrot Drones, Parrot Automotive, senseFly, Pix4D, Airinov, Micasense, EOS Innovation
Websitewww.parrot.com/us

Parrot SA is a French wireless products manufacturer company based in Paris, France. It was founded in 1994 by Christine/M De Tourvel, Jean-Pierre Talvard and Henri Seydoux.

Since 2017, it has focused exclusively on drone manufacturing.

The company

The firm specializes in technologies involving voice recognition and signal processing for embedded products and remotely controlled flying machines (also known as drones). It also develops products related to car telephony: Parrot chipsets (including DSP), copyrighted noise reduction and echo cancelling algorithms, Bluetooth software stack, end-user applications (Bluetooth hands free car kits). The products are sold to consumers through retailers, and are also incorporated into vehicles with the factory-installed audio system.

Parrot's Bluetooth hands free technology can also be found in first mount.[clarification needed]

Its stock symbol on the Paris stock exchange is PARRO and the company is currently a member of the CAC Small 90. On NASDAQ it is known as PAOTF.

Parrot is listed on the Eurolist by Euronext (Compartment B) Paris stock market since 2006 under the symbol PARRO, Code ISIN FR0004038263.

In 1995 Parrot introduced Voicemate, a personal digital assistant with voice recognition. It was used by many visually impaired people, including Stevie Wonder.[1]

In 2000 Parrot launched the first Bluetooth hands-free car kit in partnership with Ericsson.[2]

In 2006, still developing the use of Bluetooth, the company also produced home products like digital photo frames and high fidelity wireless speakers.

In 2008, Parrot launched a Design By collection, featuring designers like Andrée Putman, Martin Szekely and Philippe Starck.

In January 2010, Parrot introduced at CES Las Vegas the Parrot AR.Drone flying hardware piloted over Wi-Fi with a smartphone and Open API game development platform, ARdrone.org.

Parrot AR.Drone 2.0 take-off, Nevada (CES 2012)

In 2012 Parrot bought 57% of Swiss drone company SenseFly as well as 25% of the Swiss photogrammetry company Pix4D. Both companies are spin-offs from EPFL.[3]

In 2014 Parrot introduced the mini-drones Rolling Spider and Jumping Sumo at CES Las Vegas. Parrot increased its ownership in Pix4D to 57%. In May 2014 at the annual AUVSI conference in Orlando, Parrot announced the AR Drone 3.0, code-named Bebop, permitting YouTube personality Kyle Tarpley from the YouTube channel "AR Drone Show w/ Kyle Tarpley" to live-stream video the day before the conference opened.

Parrot Jumping Sumo robotic toy

Parrot also revealed the option for a Skycontroller, when purchasing the Bebop. The Skycontroller allows the Bebop Drone to fly up to 2 kilometers. The Parrot Bebop Drone is scheduled for a December 2014 release and it comes in blue, red, and yellow.

Leisure Drone flight
Aerial photo by Parrot drone over Le Bourget Air Show
Bebop Drone flight over Dubai beach

In 2014 Mr Shahzad Ahmed bought shares In AR.Further, it will expanded as product in Pakistan. (Source ?)

At the January 2015 CES Las Vegas, Parrot unveiled the Parrot POT, a self-watering system for plants[4] and Parrot Zik Sport.[5]

In 2015, Parrot SA created two subsidiaries: Parrot Drones and Parrot Automotive.

Parrot POT and Flower Power app

In San Francisco in November 2015, Parrot introduced the Bebop 2 drone.

Drone piloted by Skycontroller and co-pilot with FPV glasses

Parrot purchased shares in 2015 in startups specialized in the drones industry: Airinov, EOS Innovation, Micasense and Iconem.[6]

In 2016, Parrot SA released the Disco FPV, the world's first smart flying fixed-winged drone.

In January 2017, Parrot announced firing 290 of its 840 employees due to poor sales.[7] The company then abandons its wireless and connected home devices to focus exclusively on drone manufacturing.

On 1 July 2018, Parrot released the Parrot Anafi folding drone with 4K HDR and 21 megapixel camera.[8]

In May 2019, Parrot has been selected by U.S. military to win the contract for making reconnaissance drone and received $11 million from Department of Defense.[9][10]

In January 2021, Parrot sealed a deal with French army for 300 micro-drones.[11][12]

Other Parrot products

Audio

  • Parrot Zik (version:1.0;2.0;3): wireless and tactile headphones, dubbed "the world's most advanced headphones"
Parrot ZIK headphones - black

Connected Garden

  • Parrot Flower Power
  • Parrot POT: self-watering pot with sensors and water tank
  • Parrot H2O: A plant sensor that can give you up to three weeks of autonomous irrigation

Drones

  • Parrot Anafi USA
  • Parrot Anafi Thermal
  • Parrot Anafi
  • Parrot Anafi FPV. Smaller than Parrot Anafi and with FPV goggles included.
  • Parrot AR.Drone: "Bebop" A lightweight electric quadcopter.[13]
  • Parrot AR Drone 2.0: A smartphone controlled electric quadcopter[14]
  • Parrot Bebop Drone
  • Parrot Bebop 2
  • Parrot Skycontroller - long range remote controller
  • Parrot Disco FPV - smart fixed-winged flying wing[15]

Minidrones

  • Parrot Rolling spider quadcopter
  • Parrot Jumping Sumo robot
  • Parrot Hydrofoil hybrid toy

Automotive

  • Parrot RNB 6: An Android 2-DIN Infotainment Navigation System running on Android V5.0 Lollipop
  • Parrot ASTEROID 1-DIN, Tablet and SMART
  • Parrot MINIKIT speakerphone
  • Parrot Driveblue
  • Parrot MKi 9000, 9100, 9200
  • Parrot CK3100: Bluetooth car kit with LCD screen
  • Parrot CK3000

Speakerphones

  • Parrot Conference: conferencing unit (launched in 2005)

PDA

  • Parrot Voice Mate: personal digital assistant for blind and impaired people (launched in 1996)

References

  1. ^ Omer (9 October 2018). "Parrot Drone Company and Product Review | Bebop and AR Drones". DronesInsite. Retrieved 19 January 2021.
  2. ^ "Three lessons from Parrot's saga - Paris Innovation Review". parisinnovationreview.com. Retrieved 19 January 2021.
  3. ^ "Parrot partners with senseFly and Pix4D on mapping UAVs". SlashGear. 27 July 2012. Retrieved 24 March 2018.
  4. ^ Ulanoff, Lance. "Parrot Pot can water your plants for you". Mashable. Retrieved 24 March 2018.
  5. ^ "Parrot Zik Sport headphones do noise canceling, heart monitoring". Engadget. Retrieved 24 March 2018.
  6. ^ "Parrot lays off 35 percent of its drone team". TechCrunch. Retrieved 19 January 2021.
  7. ^ "Falling Sales Force Parrot To Layoff 290 Drone Division Employees". Quadcopter-Addiction.com. 10 January 2017. Retrieved 19 January 2021.
  8. ^ Priday, Richard (6 June 2018). "Parrot's foldable Anafi drone is out to take on DJI's dominance". Wired UK. ISSN 1357-0978. Retrieved 25 March 2020.
  9. ^ "French drone maker Parrot selected to develop spy aircraft for the US military". www.msn.com. Retrieved 28 June 2019.
  10. ^ "French drone maker Parrot selected to develop spy aircraft for the US military". www.theverge.com. Retrieved 28 June 2019.
  11. ^ "Parrot décroche un contrat de 300 drones de l'armée plutôt que le chinois Dji". Challenges (in French). Retrieved 19 January 2021.
  12. ^ "L'armée française fera voler des drones Parrot". Le Monde.fr (in French). 11 January 2021. Retrieved 19 January 2021.
  13. ^ "Droning On". AOPA Pilot: 62. April 2015.
  14. ^ "Parrot AR Drone 2.0". Drone Lifestyle.
  15. ^ "Parrot Store Official | Connected objects, Bebop drone, Flower Power". parrotdrones.com.au. Retrieved 1 December 2016.
Parrot Disco FPV