Dronamics

Overview

Dronamics is a pioneering company in the field of unmanned aerial vehicles (UAVs) specifically designed for cargo transportation. Founded by Svilen Rangelov and Konstantin Rangelov in 2014, it is based in Sofia, Bulgaria, and maintains a significant presence in London, UK. As of 2025, Dronamics has raised approximately $58 million through various funding rounds, positioning itself as a leader in the cargo drone industry. Its flagship product, the Black Swan drone, aims to revolutionize the logistics and transportation sectors by offering an innovative solution for middle-mile cargo delivery.

Recent Developments

  • May 2025: Dronamics secured Europe's first cargo drone airline license and won the International Air Transport Association's Drone Innovation Award. The company also expanded its operations into Germany and Denmark.
  • March 2025: A joint venture with the UAE's Strategic Development Fund was announced, focused on large-scale production of Dronamics' Black Swan drones for the Middle Eastern market.
  • January 2025: Dronamics announced its plans to begin commercial operations in Greece in early 2025, with intentions to expand into the broader European, Australian, and American markets by year-end.
  • 2024: The company received substantial investments from the European Innovation Council, bolstering its financial and strategic capabilities for upcoming expansions and innovations.
  • November 2023: Dronamics entered into a strategic partnership with Aramex to develop cargo drones, enhancing its logistics reach by leveraging Aramex's vast infrastructure.

Company Information

AttributeInformation
Founding Date2014
HeadquartersSofia, Bulgaria, with a significant presence in London, UK
FoundersSvilen Rangelov and Konstantin Rangelov
Revenue$15M (as of 2025)
ProfitsN/A
Key InvestorsSpeedinvest, Founders Factory, Eleven, European Innovation Council, Strategic Development Fund
IndustryLogistics
Number of EmployeesApproximately 180 as of early 2025
SubsidiariesN/A
Major ProductBlack Swan cargo drone

Early History

Dronamics was established in 2014 by the Rangelov brothers — Svilen, with a background in economics, and Konstantin, an aerospace engineer. The idea for the company was born out of a simple desire to innovate within the traditional cargo and logistics sectors by utilizing new technologies in UAVs. Starting as a small startup in Bulgaria, Dronamics gained significant attention due to its strategic focus on developing efficient and cost-effective cargo drones. Over the years, the company attracted several rounds of investment, enabling it to refine its technology and expand its operational capabilities significantly.

Company Profile and Achievements

Dronamics is distinct in the logistics and transportation industry due to its unique focus on "middle-mile" delivery using UAVs. Its primary product, the Black Swan drone, offers significant payload capabilities with the potential for same-day deliveries across sizable distances, thus addressing logistical challenges in remote and hard-to-reach areas.

  • Business Model: The company operates on a pay-per-kilogram basis, offering its Black Swan aircraft for leasing or purchase. They also offer integrated logistics solutions that enable companies to improve their supply chain efficiency via aerial transport.
  • Achievements & Milestones:
    • Recognized as Europe’s first licensed cargo drone airline.
    • Strategic partnerships with global logistics firms like DHL and Hellmann Worldwide Logistics.
    • Establishment of multiple "droneports" across Europe to facilitate operations.
    • The Black Swan can transport up to 350 kg, with a range exceeding 1,500 miles.

Current Operations and Market Position

Dronamics currently focuses on expanding its reach within Europe and beyond, capitalizing on strategic partnerships and its cargo drone license. The company holds a commanding position in the emerging market of drone-enabled logistics, supported by substantial investments and technological advancements. Dronamics invests heavily in R&D to continue innovating in the field, with objectives to streamline costs while increasing delivery speeds for global supply chains.

Conclusion

Dronamics epitomizes innovation in cargo logistics through its pioneering use of UAV technology. With ongoing investments, strategic partnerships, and a clear focus on expanding its operational framework, the company is poised to significantly impact the logistics industry. Looking forward, Dronamics aims to continually expand its services, explore new markets, and maintain its leadership position as a pioneer of the cargo drone sector.

References

  1. Dronamics - Developer of UAVs for transporting cargo
  2. Freight Center - Dronamics' New Type of Cargo Drone
  3. PitchBook on Dronamics Investments
  4. GlobeNewswire - Cargo Drones Markets Report
  5. Future Market Insights - Drone Motors Market
  6. Jumpstart Mag - Innovative Drone Startups in 2025
  7. Tech.eu - European Innovation Council Backs Dronamics
  8. The Engineer - Rise of Heavy-Lift Cargo Drones
  9. The Recursive - EIC Invests in Dronamics
  10. Crunchbase on Dronamics