Starting a LiDAR drone business in 2023 - step by step guide

by Van Dinh on January 16, 2023

Starting a lidar drone business can be a lucrative and exciting opportunity, but it's important to be well-informed and prepared before diving in. Here are some steps you can take to start your own lidar drone business.

  1. Understand the market: Before starting your business, it's important to understand the market and identify potential customers. Research the different industries that use lidar drone technology, such as surveying, construction, and environmental consulting. Identify specific needs and pain points that your business can address. The point is find your target market, understand it (the market), and focus on it. Spreading your self thin by trying to offer your services to everyone can be detrimental to your business development. 

  2. Get certified: Many industries require that drone operators hold specific certifications. Look into the regulations and certifications required for your specific area of operation, and make sure you meet those requirements before starting your business. In Canada, drone operators are required to have a Transport Canada RPAS certification for Basic or Advanced operations, you can learn more about the certification here.

  3. Invest in equipment: Lidar drones are specialized equipment, and can be quite expensive. Carefully research different options and invest in high-quality equipment that will meet the needs of your potential customers. Our consultants can help you navigate your options in terms of what drone to get and what Lidar system will work best for your application. 

  4. Develop a business plan: Create a detailed business plan outlining your target market, services offered, pricing, and marketing strategy. Your plan should also include financial projections and a marketing plan.

  5. Build a team: Starting a business can be a big undertaking, and it's important to surround yourself with a team of talented and dedicated individuals. Consider hiring employees or freelancers to help with tasks such as marketing, data analysis, and operations. There are different roles within a drone business to consider apart from the Lidar drone operator, do you have someone that knows how to process the Lidar data to generate outputs that your client needs?

  6. Get insured: Starting a drone business comes with risk, so it's important to protect yourself and your equipment with liability insurance. Make sure you have the right coverage to protect your business.

  7. Marketing and Networking: Start building a network of potential clients and collaborators by attending industry events, joining professional organizations, and building a strong online presence. Create a website and social media accounts to showcase your services and attract customers.

Starting a lidar drone business can be challenging, but with the right preparation and resources, it can also be a rewarding and profitable venture. By following these steps, you can set yourself up for success and build a business that meets the needs of your customers while providing a valuable service to the community. 

As remote sensing experts, we can consult you on the product and training needed to start your Lidar drone business. Contact us at support@candrone.com

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