Drone show specialist Damoda plans to file for IPO in 2027

AV Magazine: Drone show specialist Damoda plans to file for an IPO in 2027, as it looks to scales its business. At a recent media briefing, as reported by digital media company KrAsia, the Shenzhen-based company said equipment sales account for about 70% of revenue, while its overseas business had grown to roughly 45 times its 2020 level by 2025.