(Source: kramerlevin.com) Law firm Kramer Levin Naftalis & Frankel LLP’s Unmanned Aircraft Systems practice head Brendan Schulman has filed with the Federal Aviation Administration a formal Petition for Rulemaking (“Petition”) on behalf of the UAS America Fund, LLC (“UAS Fund”), proposing a new “micro” unmanned aircraft (“mUA”) rule. The proposed regulation would govern … [Read more...] about UAS America Fund Files FAA Petition for Rulemaking on “Micro” Drones
UAS America Fund
Drones Could Fly High, Thanks to a New $2.2B Fund
(Source: upstart.bizjournals.com) For all the hype, drone development is pretty slow going. But a D.C.-based investment banking firm hopes to give it a boost with $2.2 billion in funding from the private sector, most notably the aerospace industry. The fund, dubbed the UAS America Fund, is the latest effort by Nexa Capital Partners LLC to encourage transformative … [Read more...] about Drones Could Fly High, Thanks to a New $2.2B Fund