Page 16 - Saxon Air News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Axon and DroneSense Partner to Bring State-of-the-Art Situational Awareness and Drone Management Software to Public Safety
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Axon and DroneSense Partner to Bring State-of-the-Art Situational Awareness and Drone Management Software to Public Safety
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Credit: GlobeAir
The perception that private business aviation travel is a luxury only for the rich has been changing for the better during the COVID-19 pandemic as more first-time users come into the industry.
The pandemic has brought new clients into charter industry as airlines cut service and passengers discover the flexibility, security and other benefits private travel brings.
At the beginning of the pandemic, “we were relentlessly repatriating,” said Alex Durand, Saxon Air CEO, during a panel discussion called “Beyond COVID: Insights from Market Makers and Movers,” which was part of a virtual EBACE Connect program. “Everybody suddenly got what we offer.”
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Credit: GlobeAir
The perception that private business aviation travel is a luxury only for the rich has been changing for the better during the COVID-19 pandemic as more first-time users come into the industry.
The pandemic has brought new clients into charter industry as airlines cut service and passengers discover the flexibility, security and other benefits private travel brings.
At the beginning of the pandemic, “we were relentlessly repatriating,” said Alex Durand, Saxon Air CEO, during a panel discussion called “Beyond COVID: Insights from Market Makers and Movers,” which was part of a virtual EBACE Connect program. “Everybody suddenly got what we offer.”
Dear Shareholders,
We are pleased with our robust start to 2021. Revenue growth of 33% in the quarter exceeded our expectations and drove increased profitability, as we executed upon growing demand for TASER devices and software-heavy body camera bundles. Solid Q1 gross margin reflects a combination of strong TASER demand and fixed-cost leverage on higher-than-expected revenue, which also flowed through to the bottom line.
We are seeing healthy demand for new products, with new products bookings up 130% year over year, driven by productivity and real-time operations software solutions, VR training and transcription services. We are also successfully expanding into new markets, with new market bookings up 35% year over year.
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