In the booming field of UAV, the navigation technology of round A financing has been successfully completed, and it is in a vigorous rising cycle. Finance, as one of the “controller” hubs of enterprises, ensures the safe take-off of enterprises. Speaking of UAVs, most people show great interest in this “big toy”. When the rock star asked him to marry him, a white UAV carried an engagement diamond ring, slowly passing three meters of half meter high cake, more than the hero and actress. “Small consumer UAVs are more like big toys. Now there are many enterprises that can produce these consumer UAVs, and their prices are becoming more and more popular. Industrial UAVs and consumer UAVs are not of the same level in terms of degree of difficulty. “The chief financial officer of the aviation industry based on industrial class UAVs” (hereinafter referred to as aerospace technology) is the chief financial officer. The popularity of UAV is due to the realization of entertainment function and aerial photography function, but it also stimulates the broad application space of industry development. UAV flight platform can be widely used in national ecological environment protection, aerial photography, surveying and mapping, mineral resources exploration, disaster monitoring, traffic patrol, power patrol, public security monitoring, emergency disaster reduction, emergency command, artificial rainfall, national defense security, land and resources exploration and other fields. UAV has become an increasingly important data source and information acquisition means in the geographic information industry at home and abroad. “For example, in the power industry, unmanned aerial vehicles are now being used instead of manual power line patrols. The traditional way of patrolling is to first cut off power, then climb up the pole manually to inspect, while the unmanned aerial vehicle carries high-definition camera to patrol, which greatly reduces the cost of patrolling. “Say.
In fact, the application scope of industrial UAV is much more complex and extensive than aerial photography. UAV has been used in many departments and industries such as public security, land and resources, water conservancy, agriculture and forestry, power grid patrol, petroleum and petrochemical, aerogeophysical prospecting and so on. He told us: “for example, in agriculture, drones can be carried out by UAVs. With the powerful downward pressure generated by the propeller of UAVs, pesticides can be evenly sprinkled on crops, which is much more time-saving than traditional methods. Some aviation media predict that the world UAV market will reach 67.3 billion US dollars in the next 10 years starting from 2014. About $35.6 billion will be spent on UAV production, $28.7 billion on technology development and experimental design, and about $3 billion in maintenance services. Statistics show that China’s UAV demand will increase from 620 million US dollars in 2013 to US $2 billion 280 million in 2022, and the compound growth rate will reach 15.57%. Among them, the demand for military UAVs will increase from $570 million in 2013 to $2 billion in 2022, accounting for 87.7% of the total demand for UAVs, a compound growth of 15%. The total demand for civil UAVs will increase from $0.05 billion in 2013 to $280 million in 2022, a compound growth of 21%. These figures are no longer visible to China’s UAV industry. There are more than one thousand enterprises in Shenzhen, which are small and unmanned aerial vehicles. In the view of consumption, the consumption of the small UAV market has shown an explosive growth. However, thermostatic element due to the low technical content, it is easy to change from the blue ocean to the Red Sea. Aerospace technology mainly produces industrial-grade UAVs. In this field, more powerful R&D strength is needed, and the industry threshold is very high. This is precisely the core competitiveness of aviation technology.
”Our core technology is UAV flight control system, in fact, you can see a few chips, a circuit board, but this system controls the autonomous take-off and landing of UAV. Through the flight path set by ground control station, UAV can complete autonomous flight on the set route, take-off and landing, and complete various complex tasks at the same time. “Wang Ke confidently introduced this reporter. Navigation technology was founded in 2008. Two founders graduated from the University of Hong Kong. Aerospace technology based on technology is mainly engaged in research and development, production and application of UAV system, flight control system, navigation communication system and aeronautical survey service. At present, the UAV technology with independent intellectual property rights is at the forefront of the same industry level in China.
The product series includes FWX-400 (standard flight time 60 minutes multi-rotor), FWX-600 (standard flight time 30 minutes multi-rotor), FWH-80 (payload 10 kg helicopter), FWH-160 (payload 30 kg helicopter), FWH-300 (payload 50 kg helicopter), FWA-S (single soldier hand-thrown fixed wing is not available). Unmanned flight platforms, such as human reconnaissance aircraft, have been widely used in the domestic market. Aerospace technology now has a complete UAV production line and test platform, with an annual production capacity of more than 1000 industrial UAVs. The market of industrial UAVs is just in the ascendant, and we are told that: “before 2014, most of our customers were research institutes and universities, and extended from 2014 to the industrial and agricultural sectors, the fire stations, and the State Grid. With the expansion of our own factories, CNC processing equipment on-line, will greatly improve our delivery capacity.
The industrial UAV market is almost the same as the consumer UAV market, which is in a state of unlimited prospects and a surge of employees, but it also contains many uncontrollable risks. As the chief financial officer of such a hi-tech enterprise, Wang Ke is also vigilant against risks while he is optimistic about the prospects of the industry: “the production of industrial UAVs is limited by many factors, so sometimes, even if there are market demands and contracts, there may still be no deliveries. From the point of view of components, such as the engine, which is an important core component, we need to buy abroad. The supply cycle is usually beyond control. In addition, some parts need to be processed by outside factories, which also takes time. “In 2015, after getting round A financing, Aerospace Science and Technology set up its own core factory, and launched a series of CNC machining centers. The components that needed to be processed by foreign partners are now processed independently, which is easier to control in terms of cost and time. While guarding against internal management and production, we will also make early plans for external market risks: “we will face some pressure when we withdraw money from customers. For example, agricultural customers, there is a certain risk and cycle in money collection. Usually the financial cycle of agricultural customers is calculated in years, which greatly affects the speed of our repayment. In addition, some government procurement not only can’t pay deposit in advance, but also need us to pay excess margin in advance. These have brought a lot of financial pressure. So we are talking with some companies that do financial leasing. For example, let agricultural customers make 30% down payment first, and then pay 30% through financial leasing, which will help relieve our financial pressure. At the same time, he believes that budgeting should also focus on Strengthening Management: “in the past, our business mode basically was to sell a plane and then develop the next aircraft. Now that the first round of financing has been put in place, the plant, production equipment and testing equipment are also ready, which requires a re-planning of the business.
Generally speaking, our business processes include initial communication, demonstration, design, production, delivery, training and follow-up services. Now we’ll pinpoint the budget to every step of the business process. In addition, I will standardize the financial system, and in cost accounting to be accurate and accurate.
”The cost structure of UAV is quite complex and has some particularities. Every part of UAV is very special. Most parts are specially supplied.
Some parts are purchased from abroad and some are processed and manufactured by themselves, so it is very difficult to calculate them.
But even so, as chief financial officer, he also requires that he make accurate accounting as far as possible, because this directly affects the pricing of aircraft and the company’s profits. Unlike the traditional enterprises in the past, in high-tech enterprises such as Aerospace Science and Technology, financial norms are usually put in an important position very early. Wang Ke said: “in 2015, I joined aviation technology, and I was responsible for setting up a set of standardized financial system from business, and the target was directly listed. In addition, in terms of financing, due to the popularity of UAV concept, the company needs more professional financial executives to dock in the next few rounds of financing. During his study in the United States, he received two master’s degrees in finance and electronic engineering. For him, he has a solid foundation in business and technology as a financial director in a technology-based enterprise such as Aerospace Technology. It is very confident to realize the close combination of Finance and business: “in the coming year, we hope to get on the new three boards. In the next three years, we hope that the annual revenue of our main business will reach more than 50 million yuan. The most important thing for UAV companies is their production capacity, delivery capacity and technical strength.
Nowadays, although there are many UAV companies, there are not many factories and R&D teams. There is no doubt that we have the strength to become the industry leader in industrial UAV.