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Embention, a leading company in the development of components for Drones and eVTOLs, debuts on Euronext Access Paris (now in Euronext Growth Paris – ALUAV)
EURONEXT, the European stock market, summons the companies making their initial public offering in Paris at the end of April, where Embention will begin its adventure in the stock market world.
On April 29, the date on which the Euronext celebration will take place, David Benavente, CEO and founder of the company, will ring the bell, marking a before and after in the company’s history.
Embention thus adds a new milestone to its history and reaffirms its leadership in the autopilot sector for drone and eVTOL control. During its more than 15 years of experience, the company has taken part in the first certified RPAS in Europe, the first flight of a hybrid VTOL drone with a single autopilot, and the first autopilot for UAVs developed according to the DO178C / DO254 civil aviation standards, among other achievements.
“This means a lot to us and is undoubtedly a historic milestone for the company. It reflects the great effort of everyone who has contributed in any way to the company to get here, and the strong growth that both we and the industry have experienced in recent years,” comments its founder.
The Spanish company leaps to Euronext Access Paris at the time of greatest expansion in the autonomous vehicle market. They intend for their listing to provide visibility and trust to customers, certification bodies, and other stakeholders, as well as to access new financial resources, diversify income sources, and underpin the company’s growth.
Embention has always opted for strong investment in R&D&I as the foundation of its success. These new resources will make it possible to consolidate the company’s leadership through the development of new products and by maintaining its position as pioneers in autonomous vehicle certification.
About Embention:
Embention is a leading company with 15 years of experience in the development of critical components for drones, eVTOLs, and all types of autonomous vehicles.
With a workforce of over 50 employees, Embention has participated in more than 500 international projects, setting a benchmark in the unmanned aircraft industry by applying next-generation technologies in the development of its products, most notably the Veronte Autopilot.
About Euronext:
Last year, 212 companies of all nationalities with a value of 123 billion euros went public on the Euronext market, which is the platform where a total of 1,959 companies are listed with a capitalization of 6.9 trillion euros, the largest in Europe in terms of aggregate market capitalization.
