With popular trade shows such as the NAB and CES showing us how versatile drones have become since their inception, there is no doubt that the drone industry is going to become a multi-billion dollar market in the years to come. However, what we don’t currently know is how large it will become and what the duration is for it to rise to its pinnacle. Unmanned Aerial Vehicles … [Read more...] about The Rapid Ascension of Drone Technology
Reuters
DJI Secures $75 Million Investment from Accel Partners
DJI, manufacturers of the extremely popular Phantom drones, has secured a $75 million investment from Palo Alto-based Accel Partners. The investment marks one of DJI's largest investments to date and demonstrates Silicon Valley's serious attitude towards the rise of the consumer drone. Neither DJI nor Accel would comment on how the investment effects DJI's valuation, but … [Read more...] about DJI Secures $75 Million Investment from Accel Partners
Exelis to Offer Drone Traffic Tracking System, Could Enable Beyond Line of Sight Flight
(Source: Reuters.com) U.S. aerospace company Exelis Inc is close to unveiling a low-altitude surveillance system for drones, the latest sign of how a "highway in the sky" is likely to evolve. The system, whose existence has not been previously reported, shows how Exelis and other companies are racing to create technology that enables drones to safely fly over long … [Read more...] about Exelis to Offer Drone Traffic Tracking System, Could Enable Beyond Line of Sight Flight
As U.S. Dithers, Rivals Get a Head Start on Drones
(Source: Reuters.com) Drones, or unmanned aerial vehicles (UAVs), are a hot ticket in Silicon Valley, but U.S. government dithering over regulations has given overseas companies a head-start in figuring out how best to exploit them. Global spending on drones could add up to close to $100 billion over the next decade, with commercial uses - from farming and filming to … [Read more...] about As U.S. Dithers, Rivals Get a Head Start on Drones
42 Percent of Americans Are Wrong About Drones
(Source: Slate.com) Drones are inescapable in today’s media, whether they’re crashing on the White House lawn, soaring over bubbling Icelandic volcanoes, or being sold at the mall as a hot gift. And as a recent Reuters/Ipsos online poll found, when it comes to drones, many Americans are certifiably creeped-out. A remarkable 42 percent of respondents said that they … [Read more...] about 42 Percent of Americans Are Wrong About Drones
