CB Insights recently published their Industry Analytics 2014 for the commercial drones industry and it should come as no surprise that the numbers show tremendous growth. Year-over-year funding for drone companies was up 104% in 2014 exceeding $108 million. The number of VC backed drone companies has doubled since 2012 as firms like Lightspeed Venture Partners, GGV Capital … [Read more...] about 2014 Was a Huge Year for Drone Investments
3D Robotics
3D Robotics Raises $50 Million In Latest Round
(Source: Forbes) Less than two weeks after the Federal Aviation Administration unveiled its proposed regulations for commercial drones, one California-based drone company sealed its latest round of financing. North America’s largest personal drone manufacturer, 3D Robotics, raised $50 million on Wednesday led by Qualcomm QCOM +0.46% Ventures. A valuation was not … [Read more...] about 3D Robotics Raises $50 Million In Latest Round
Is the DIY Drone Movement About to Launch a Billion-Dollar Industry?
(Source: Gizmodo.com) Back in the 1970s, hobbyists like Apple cofounder Steve Wozniak built homebrew computers that eventually fueled the lucrative PC revolution. Now, a new movement of hobbyists is trying to imitate this DIY strategy to jumpstart the drone industry. But can today's calculated drone entrepreneurialism really be considered "DIY" at all? Chris Anderson … [Read more...] about Is the DIY Drone Movement About to Launch a Billion-Dollar Industry?
5 Amazing Drones Under $1,000
Check out the updated version of this post: https://dronelife.com/2015/10/15/more-amazing-drones-under-1000/ With tax season well under way, millions of people will soon find themselves with a little extra money in their pockets. The average tax refund in 2014 was $3,116, and is expected to rise to $3,295 in 2015. For UAV enthusiasts, a fatter wallet may launch into an … [Read more...] about 5 Amazing Drones Under $1,000
Drone Sales Figures for 2014 are Hard to Navigate
If there’s one thing a DRONELIFE reader should have learned by now, it’s the fact that the UAV industry is smoking hot -- on fire (maybe not the best metaphor for drones?). In fact, 2014 may go down in industry history as the benchmark year when the drone-sales curve began its upward ascent. However, trying to nail down precise sales figures of domestic drones this past year … [Read more...] about Drone Sales Figures for 2014 are Hard to Navigate