China’s second biggest industrial drone maker Jouav files for $60m IPO

China’s second biggest industrial drone maker Jouav files for $60m IPO

A 'Phantom 2' drone by DJI company flies during the 4th Intergalactic Meeting of Phantom's Pilots (MIPP) in an open secure area in the Bois de Boulogne, Paris, in this March 16, 2014 file photo. REUTERS/Charles Platiau/Files

China’s second biggest industrial drone maker is set to go public on Shanghai’s Nasdaq-like high-tech STAR Market, but dominance of the industry by SZ DJI Technology Co. Ltd.and escalating Sino-U.S. tensions may dampen investor enthusiasm.

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