2. A New Chapter?
For years, the applications for drone
technology have been military only.
However, when in December 2013
Amazon CEO Jeff Bezos announced
that the multi-national company could
start using drones for its deliveries, it
was just one example of how drone
technology could change our everyday
lives.
3. So is there an industry for
drones?
Multi-national companies are already
beginning to look at ways to invest in
drone technology.
In March 2014, Facebook purchased
Ascenta, a UK aerospace company
which manufactures solar powered
drones.
Meanwhile, Google acquired Titan
Aerospace, which similarly manufactures
solar powered drones.
4. What are some of the
applications?
Hollywood filmmakers have already
hailed the potential of remote controlled
drones, since they offer a quiet and
inexpensive way of capturing difficult
shots.
Meanwhile, charities and aid agencies
have speculated that drones could be
used to deliver aid or medical supplies
to those in need.
5. What are some of the
applications (2/2)
Conservationists are already using
drones to monitor animals in the wild
without disturbing their natural habit.
Private companies also believe that
drones could be used for disaster relief
and search and rescue operations.
6. How much money is in drone
tech?
It is believed by most business
commentators that drone technology
has nothing to do but grow over the
coming years.
Estimates put the value of the drone
industry at roughly $89 billion by the
year 2023, with over 7,500 drones
operational in the USA alone.
7. What are some of the
obstacles?
There are the challenges posed by how
to regulate and legislate this growing
industry.
The FAA in the United States has ruled
that commercial drones should be
banned until regulations are developed
to guarantee they can be safely
operated in cities and populated areas.
8. What are some of the obstacles?
Essentially, the drone industry is growing
faster than the law can keep up with it.
One problem for regulators will be
determining just how many commercial
drones it is safe to have flying over the
populated areas at any one time.
The rise of drones have also sparked
questions about privacy, and whether
drones could be used to spy on people.
There are worries that too much regulation
could place unnecessary burdens on this
growing industry.