Do you know what's inside your drone? As the FAA regulation shift seems to indicate a takeoff for the commercial drone industry, it isn't only drone manufacturers who could reap the benefit. With products that range from the chips inside to the vision sensing systems and power mechanisms, here are 5 drone component companies providing the parts for drones across the … [Read more...] about Top 5 Drone Component Companies to Watch
Drone Investment
Homeland Security Seeks Drone Startups to Fund
The Department of Homeland Security is looking for a few good drone startups. As part of an effort to connect with innovative industry, Homeland Security held an industry event last week in order to meet "nontraditional contractors" who might be able to provide the drone technology that they need. A notice posted on FedBizOpps said that Customs and Border Protection, the … [Read more...] about Homeland Security Seeks Drone Startups to Fund
What Could Hillary Have for the Drone Industry?
Last week, we looked at what a Trump presidency could mean for the drone industry. This week, we'll take a look at what Hillary might have in store for drones, based on her stated positions and the issues she supports. We're neutral parties - except for being firmly behind innovation and the drone business. Technology and Innovation Let's start with the positive: the … [Read more...] about What Could Hillary Have for the Drone Industry?
Where is the Top Country for Drone Investment? You’ll Be Surprised.
It's no news that investors are flocking to the drone industry - venture capital funding for drone startups topped $450 million last year. And where is all of that money going? The top country in the world right now for drone investment isn't China with it's strong manufacturing sector, Israel with it's military drone dominance, or the U.S. with drone applications. According … [Read more...] about Where is the Top Country for Drone Investment? You’ll Be Surprised.
The World’s First Drone Billionaire: DJI Founder Frank Wang
DJI Founder Frank Wang is a unicorn billionaire, Forbes Magazine reports. A so-called unicorn is a startup company valued at $1 billion dollars or more, and 25 members of the 2016 Forbes Billionaires list have made their money this way. With a reported market share of over 70% in the consumer drone market, DJI has a current valuation of $8 billion and has created 3 … [Read more...] about The World’s First Drone Billionaire: DJI Founder Frank Wang