While the commercial drone industry seems poised for takeoff, drone manufacturers across the globe are struggling to launch. Investors and consumers are worried about their money as several companies miss launch date after newly revised launch date for widely hyped new drones - proving that drone manufacturing may be a challenge for businesses of any size. The drone … [Read more...] about Failure to Launch: Drone Manufacturers Struggle to Take Off
Drone Manufacturing
3DR Cuts Jobs, Shifts Focus
3D Robotics Inc., a major drone manufacturer, will cut jobs and restructure in order to shift its focus from consumer drones into the commercial market, Marketwatch reports. Citing heavy competition from industry leader DJI - reportedly holding over 70% of the consumer drone market - 3DR says that they are moving more quickly than anticipated into the commercial drone … [Read more...] about 3DR Cuts Jobs, Shifts Focus
Intel Acquires German Drone Company
Chip Manufacturing giant Intel has acquired German drone company Ascending Technologies. CEO Brian Krzanich made an official statement about the purchase during his keynote speech at CES 2016 in Las Vegas this morning. An announcement published on an Intel Blog gave some details of the acquisition, stating that by entering into the drone market "Intel is positioning itself at … [Read more...] about Intel Acquires German Drone Company
EU’s New Aviation Strategy Promises Support for Drones
The EU Commission has promised to help European drone makers, the EU Observer reports. As the commission met on Monday in Brussels, discussions of transport regulation centered around issues of competition, as transport commissioner Violet Bulc argued that consolidated, European-wide regulations would allow European countries to manage airspace less expensively and to become … [Read more...] about EU’s New Aviation Strategy Promises Support for Drones
