(Source: Wall St Journal Blogs) Heavy regulation in the U.S. for drones hasn’t stopped venture capitalists from backing startups that make the small flying robots. Deborah Gage reports for Dow Jones VentureWire that the latest funding is for drone startup Kespry Inc., which raised $10 million for commercial drones from Lightspeed Venture Partners. The company’s chief … [Read more...] about Drone Funding Soars Despite Regulatory Roadblocks
Wall Street Journal
Discussing “The D Word”
That which we call a drone... On Thursday, the Wall Street Journal ran a story called "Why Some Drone Makers Hate the Word 'Drone.'" It's a well-written piece that outlines why opponents of the term don't like it and ends with an appropriate assessment from Popular Science's Kelsey Atherton: "The battle is over and 'drone' won." Mr. Atherton is right. The battle is over. … [Read more...] about Discussing “The D Word”
Why Some Drone Makers Hate the Word ‘Drone’
(Source: Wall Street Journal Online) At a drone conference in Washington, D.C., last year, the trade group running the event sent a not-so-subtle message to the journalists there: The Wi-Fi password was DONTSAYDRONES in the press room. As the drone industry takes off, many people in it say it needs a different name. They say “drone” suggests the devices are dumb, it is … [Read more...] about Why Some Drone Makers Hate the Word ‘Drone’
DroneDeploy Raises $2M in Seed Funding
(Source: Wall St Journal Blogs) DroneDeploy, a startup that makes it possible for just about anyone to fly small drones and analyze the images they capture using a tablet or smartphone, has raised $2 million in seed funding, Chief Executive Mike Winn told Venture Capital Dispatch. Investors included SoftTech VC, Data Collective, Red Point Ventures, Draper Fisher … [Read more...] about DroneDeploy Raises $2M in Seed Funding
There’s No Flying in Drone School
from Wall Street Journal Online Capitalizing on an anticipated boom in the unmanned-aircraft industry, several U.S. universities and colleges are launching training programs for future drone pilots. The problem: the Federal Aviation Administration says its rules barring commercial use of drones apply to teaching programs as well, effectively prohibiting students from … [Read more...] about There’s No Flying in Drone School