Leading military and commercial drone company AeroVironment, Inc. announced a new product today - as The Drone Girl Sally French, writing for MarketWatch, points out that the company's stock has doubled in the last year. The new product is long-range tracking antenna (LRTA) for its Puma™ AE unmanned aircraft system. "The critical upgrade extends the range of Puma … [Read more...] about AeroVironment Introduces New Product to Robust Market
Drone Market
Another Drone Company for Snap? Company Eyes Zero Zero Robotics
Snap, the parent company of social media platform Snapchat, is in negotiations with Chinese drone manufacturer Zero Zero Robotics, maker of the Hover Camera Passport selfie drone. The Information reports that Snap is considering purchasing Zero Zero for $150-200 million, upping their drone game considerably from the purchase of Cntrl Me Robotics earlier this year for a mere … [Read more...] about Another Drone Company for Snap? Company Eyes Zero Zero Robotics
Teal Analysts Predict More Growth for Civil Drones
Despite regulatory issues in the US, drone market forecasts continue to be optimistic. A new report by the Teal Group predicts that civil drones will be "the most dynamic growth sector of the world aerospace industry this decade." Teal's analysts unveiled the research at the Paris Air Show last week. “The civil drone market is ready to take off,” said Philip Finnegan, Teal … [Read more...] about Teal Analysts Predict More Growth for Civil Drones
DJI Expanding in Latin America
The Kathmandu Post reports that drone manufacturer DJI is set to expand in Latin America - focused on the commercial sector. The Chinese manufacturer is the undisputed global leader in the consumer drone market, with estimates of their market share ranging from 50% to a whopping 70%. Increasingly, DJI's drones have entered the prosumer market- and in Latin America, the … [Read more...] about DJI Expanding in Latin America
Recon Aerial Media Rolls Out Drone Startup Packages in US
Drone operators wondering how to turn their love of flying into a business take note. Canada-based Recon Aerial announces that their drone business "startup solution" has landed in the US. The company will officially launch their US-based products at the end of this week. Recon Aerial was actually the first drone company to establish a franchise business, but the company … [Read more...] about Recon Aerial Media Rolls Out Drone Startup Packages in US
