The Federal Aviation Administration (FAA) has started to modify its regulations pertaining to drone flight, however the pace of modification of regulations and the development of drone technology are still not in any way equal as technology is accelerating at a much quicker pace. The second generation drone technology, termed as Drone Video System (DVS) has already been made available for professionals at multiple levels including governments, universities, and businesses.
According to Kevin Kelly, President & COO of Stampede, the past few decades have been highly important in reshaping communication technologies. The revolution started with mobile phones and email, and in the more recent past, it has been pushed further with smartphones which are capable of performing multiple tasks. The introduction of second generation drone technology in commercial markets is considered to be the next big step in the evolution of communication technology as it will change the way we communicate.
The DVS solution will be high customizable and it will create the perfect communication solution by joining the latest hardware with the latest video conferencing software, which will enable the creation of a platform where 360° HD aerial footage of any area can be pushed instantly to any connected device around the globe. Such a platform will enable business managers or researchers to view a location at any time by accessing the live footage being transmitted by the drone. The applications of this technology are very wide in numerous industries such as agriculture, aerial photography, real estate, and construction. Recent research focusing on drones shed light upon the potential expansion in drone usage by businesses. According to these studies, nearly 40% of all businesses will be using drones over the next five years and this market will grow another 12% by 2024.