Drone delivery company firm Manna racks up losses of €50m (opens original article in a new tab)

Irish drone delivery company Manna reported €16.3 million in losses for 2024, bringing total losses to €48.1 million since 2019, while securing €43.4 million in funding and expanding operations.

• Manna Drones Limited recorded a €16.3 million loss in 2024, pushing accumulated losses to €48.1 million since 2019.
• The company has €49.2 million in debts, with €48.5 million owed to its US parent company.
• Manna raised €43.4 million in a funding round in 2024, including investments from Ark Invest and Coca-Cola HBC.