The consumer drone industry is at an interesting point in its evolution in 2017. It's hardly a crossroads, but there's certainly been a slowdown of sorts over the last twelve months. On the one hand, the market for recreational sales continues to grow, but on the other, a number of major manufacturers, including GoPro, Ehang, Yuneec, Parrot and 3D Robotics, have had to cut … [Read more...] about 7 Consumer Drone Companies to Watch in 2017
Yuneec
Yuneec Not Too Unique — Latest Drone Firm to Lay Off Staff
Yuneec is following in the footsteps of 3DR and Parrot, among others. Like them, Yuneec is experiencing a round of layoffs as the drone industry seeks stronger traction in both the commercial and consumer markets. Marketwatch is reporting that the drone manufacturer confirmed on Friday that it would lay off an undisclosed number of employees in its Americas division. … [Read more...] about Yuneec Not Too Unique — Latest Drone Firm to Lay Off Staff
The Best Drone for a Commercial Operator: The Top 5 Most Widely Used
Commercial drone operators are a big market for drone manufacturers - and with the implementation of Part 107 that market is growing fast. While industrial applications for drones are also expanding rapidly, the FAA says that 90% of new drone businesses since Part 107 are small businesses, having one or two employees. What drones do these businesses choose? We surveyed our … [Read more...] about The Best Drone for a Commercial Operator: The Top 5 Most Widely Used
How Much Money Should You Spend on a Drone?
It's that age-old question that prospective pilots have been asking since way back in 2010. "How much money should I spend on a drone?" The answer, of course, will depend on what your aims and ambitions are. Getting behind the controls for the first time? Seasoned veteran looking to take the leap into commercial operations? We're going to try and link purpose to price, making … [Read more...] about How Much Money Should You Spend on a Drone?
AirMap Scores $26million in Series B Funding
AirMap, an airspace management platform for drones, is the latest drone company to land major investment to support explosive growth. CA-based AirMap announced a $26 million Series B funding round led by Microsoft Ventures, with additional participation from Airbus Ventures, Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Rakuten, Sony, Yuneec, and existing … [Read more...] about AirMap Scores $26million in Series B Funding