It has been a long time since our last update. Indeed, our project has faced quite difficult times in which we have been struggling to get the necessary funds to finish the project. That has been a difficult task to lead being located in a country (Portugal) that is facing its worst economic crisis from the last 100 years. Nevertheless, we have had along the way the help and support of key people, including yours. So we have never given up.
To support the fund-raising process we decided to list our company in a stock market and, after a thoughtful evaluation we listed the company at the French Euronext market (the “Marché Libre” - https://www.euronext.com/en/products/equities/PTAZR0AM0006-XMLI ). We've managed to finish the process last month and, despite the fact that there are still some issues to make it fully operational, we are very confident that this will be a fresh new start to our company.
Regarding Ziphius we are putting all the efforts to recovery as fast as we can. Right now, our expectations are the following:
- Finish the DIY version: 3 months;
- Finish the Ziphius project: 6 months;
We will try to be more proactive in our future updates and hope this will be the time to finally finalize the project and delivery the Ziphius drone to you.
The Ziphius team.