Drone Guarder Inc. Stock Analysis DRNG

Drone Guarder, Inc. is an early-stage security and surveillance company, which engages in commercializing a drone home security system as a turnkey solution. The company is headquartered in Torrance, California. The company went IPO on 2014-02-25. The firm is focused on commercializing a drone enhanced home security system as a turnkey solution. Its solutions are application-based and include a drone, infrared camera and Android mobile application component. The company offers DroneGuarder application, which will take off from a wireless charging pad once an alarm has been triggered. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found, which the DroneGuarder application sends in the form of a text, image or short recorded video if supported by the Global System for Mobile Communications (GSM) network. The DroneGuarder can fly for up to 20 minutes, using Global Positioning System (GPS) to navigate in its preprogrammed areas and return back to its charging pad after completing surveillance. Its target markets include the United States, Canada, Europe, South Africa and the Asia-Pacific region.