DRL Introduces Life Like Simulator, Opens Tryouts for Spot in ‘18 Season and $75,000 Contract

DRL has introduced the web-based, realistic, drone flight/racing DRL Simulator to be used in qualifying for the 2018 DRL Allianz (AZSEY) World Championship Season. Beginning today, aspiring pilots can download the Simulator on Steam (cost: $19.99) and compete on virtual maps of real racecourses from the 2016 and 2017 DRL seasons; with open tryouts running through January 15th, 2018. The top 24 pilots will qualify in the 2018 Swatch (OTC: SWGAY) DRL Tryouts, a live esports-style tournament that will be streamed globally on February 3rd, 2018. The winner will receive a spot in the Championship season and a $75,000 professional contract.

Howie Long-Short: DRL is a global sports league, so partnering with SWGAY; a brand with global reach, makes sense. During the 1st half of 2017, SWGAY grew sales 1.2% YOY (on a constant currency basis) to $3.9 billion; while increasing profits 6.8% YOY to $298.49 million. UBS strategist Karen Olney was quoted in a story yesterday touting Swiss stocks; citing their cheap valuations, a secure market and the potential for big returns as the local economy improves. SWGAY is based in Switzerland.

Fan Marino: You don’t have to be an expert pilot to participate in the competition. In fact, you don’t even need experience operating a drone. As DRL CEO Nicholas Horbaczewski said, the Simulator was built to be “one-to-one with real life” and will teach you all the elements necessary to fly one. Once you complete the 50 training missions, “you’ll be a very competent drone pilot.” Then pick up a DRL Nikko Air DRL Drone ($139.99) at a mass market retailer and impress your friends with your newfound skill-set.

For the balance of today’s newsletter, sign-up here!

2018 DRL WORLD CHAMPIONSHIP TO BE HELD IN SAUDI ARABIA, TRYOUTS OPEN NOVEMBER 15

The Drone Racing League (DRL) has announced it will hold its 2018 Allianz World Championship in Saudi Arabia, next September. The 7th and final event of the DRL season will consist of 8 FPV (first person view) pilots racing custom-built drones, that travel more than 90 MPH, through a complex 3D racecourse; with the winner earning the title of “World’s Greatest Drone Pilot”. The race will be televised in 87 countries, on cable networks including; ESPN, OSN, Sky Sports and Fox Sports Asia.

Howie Long-Short: The DRL holds several dozen patents on the core technology that enables drone racing. They use the league to showcase the technology. The company is privately held, but has raised more than $32 million to date; including a $20 million series B round in June. Looking to play the DRL? SKYAY lead their Series B round and participated in both their seed and Series A rounds. Liberty Media Corporation (LMCA), Allianz (OTC: AZSEY), World Wrestling Entertainment (WWE) and MGM Television (OTC: MGMB) are all also invested in the company.

Fan Marino: The DRL consists of 16 professional pilots competing in 6 regular season races before a short postseason whittles it down to 8 qualifiers, competing for the World Championship. Think you can compete in the DRL? The league is holding annual open tryouts, beginning on November 15th, using their Steam simulator. All you need is a computer and an Xbox or drone controller to participate.  The Top 24 competitors will advance to a live racing simulator tournament with a chance to compete for $75,000 and 1 of 16 spots in the 2018 season.

For the balance of today’s newsletter, sign-up here!