RE:Why buy a drone company????Hi,
In light of what you are saying here and after having watched the Vimeo link, here is my opinion in regards to this oil business.
I'm no expert but don't they have sensors in place that are frequently installed through the pipelines? Why do you need a drone flying over the pipes to detect if there is a leak? This sounds like a solution to a problem that either doesn't exist or that there is already a solution for it.
I'm all for expanding business operations and finding similar or meaningful other markets but how can the management justify this? Other than some of us guessed it as diluting the shares and making buddies part of the operation. I just can't see the business value in this, maybe not yet.