Leading enterprise drone solution company PrecisionHawk has just secured a $75 million round of funding. It's a win that has major significance for the company and the entire drone industry. This latest round is funded by a diverse group of venture and strategic investors. CEO Michael Chasen says that all of the company's previous investors came back, and new investors … [Read more...] about PrecisionHawk Secures $75 Million: What That Means for the Rest of the Drone Industry
Drone Investment
New Report Predicts Small Drones Market to Exceed $10 Billion by 2020
A new report published by MarketsandMarkets Research predicts that the global small drones market will exceed $10 Billion by 2020, with nano drones leading the way in the segment. The report predicts that security and law enforcement will be the largest verticals in the market, followed by agriculture and drone delivery. "The global small drones market is projected to grow … [Read more...] about New Report Predicts Small Drones Market to Exceed $10 Billion by 2020
Boeing’s Newest Investment in the Drone Ecosystem: Near Earth Autonomy
The world's largest aerospace company, Boeing [NYSE: BA] has announced its latest investment in autonomous aircraft. Boeing invested in Near Earth Autonomy, a Pittsburgh-based company "focused on developing a portfolio of technologies that enable safe and reliable autonomous flight."Near Earth Autonomy, a spin-off from Carnegie Mellon University's Robotics Near Earth … [Read more...] about Boeing’s Newest Investment in the Drone Ecosystem: Near Earth Autonomy
AUVSI’s Novus Unmanned Program Presents Investors With the Best of New Drone Tech
AUVSI's Novus Unmanned event, run by the Investorfest Venture Acceleration Program, brings the best new drone tech to investors. The event will take place in San Francisco on November 1. The one day program will include keynote addresses on the future of the drone industry and networking opportunities for startups, investors, and service providers. But the highlight will … [Read more...] about AUVSI’s Novus Unmanned Program Presents Investors With the Best of New Drone Tech
New York’s 50 Mile Drone Corridor Shows Heavy Investment in Industry
New York's Governor Andrew Cuomo has announced his state's partnership between NASA and the Northeast UAS Airspace Integrations Research Alliance, and the $30 million investment NY has made in the development of a 50-mile drone corridor and new drone testing facility. The investment is the latest New York has made to bring the drone industry into the central part of the … [Read more...] about New York’s 50 Mile Drone Corridor Shows Heavy Investment in Industry
