Justin Haggerty founded the company on 3 April 2015 to promote and build drone racing into a world renown sport.

The decision was made in order to protect the company from foreseen financial risks associated with RotorSports and the ESPN contract.

[7] On 22 June 2016, IDRA announced partnership with Vuzix and Amimon to implement and help develop high-definition (HD) video receivers and compatible virtual reality (VR) goggles to drone racing.

[8] On 6–7 August 2016, IDRA co-hosted, with the Korean Drone Racing Association (KDRA), the GiGA World Masters in Busan, South Korea.

In conjunction, IDRA also will offer event liability insurance ($2 Million Policy) to sanctioned race organizers around the world.