Commercial Drone Market to Hit $15bn in 2022 - Interact Analysis

Global commercial unmanned aerial vehicle (UAV) revenues will reach $15bn in 2022, according to a new report from Interact Analysis. UAVs or drones, which are currently best known for their use by the military are finding their way into countless commercial applications the research found. The industry is predicted to grow on average by 50% per year over the next five years, reaching $15bn in 2022, up from just $1.3bn in 2016.

Hydroid Delivers First New Generation REMUS 100 Autonomous Underwater Vehicle

A major milestone delivery, the Naval Oceanographic Office accepts first new generation AUV

Milrem Robotics to Develop Several New Robotic Defence Systems

"Remotely controlled robotic systems that keep our soldiers in a safe distance are crucial to the next generation of battlefield effects that will give asymmetric advantage to the warfighter"

NASA awards SSL next phase funding for Dragonfly on-orbit assembly program, demonstrates confidence in public private partnership for space robotics

SSL successfully completes preliminary Dragonfly ground demonstration, proves concept for semi-autonomous robotic assembly of geostationary communications satellites

More than 60,000 Students Worldwide to Build Robots and STEM Skills with FIRST® Tech Challenge RELIC RECOVERYâ„  Presented by Qualcomm

6,000+ Teams of Students Tackle New Adventure-Themed Challenge During 2017-18 Season

Finally, Amazon Artificial Intelligence Got Wings to Fly High

Drone now flies with the glimpse of AI, what future holds

This drone can pinpoint a specific package in a giant warehouse

Siyi Chen for Quartz: A prototype created by the scientists can catalogue items instantly as the drones fly up and down the aisles.

Group of Engineers to Take Use of Drone-Based Data to New Heights

-Primary Applications include Insurance Underwriting for Ag/Commercial and Inspection of Bridges, Wind Turbines and Construction using APA System™ -InfraDrone Co-Founders--ISU Engineering Grads with Top Honors

Torc Robotics issued permit to test self-driving car technology in Nevada

Both of the Torc self-driving cars were issued special red Nevada license plates, indicating that the vehicles are autonomous.

Liquid Robotics Announces Next Generation of the Wave Glider, Unmanned Surface Vehicle

Enhanced platform extends operations in high sea states and high latitudes

Algoryx wins simulation contract with Japanese government for Fukushima Robotics Test Field

Algoryx Simulation AB (Algoryx), Sweden, and VMC Co. Ltd., Japan, have entered a joint research agreement with the National Institute of Advanced Science and Technology (AIST), Japan, to develop simulation solutions for disaster response robotics.

Innoviz Technologies Raises $65M As Its Solid-State LiDAR Moves to Mass Production

Strategic partners Delphi Automotive and Magna International join new and existing investors to back Innovizs groundbreaking solid-state LiDAR technology on heels of strong adoption

PrecisionHawk Brings Leading Drone LiDAR Solution to Market

Hires LiDAR expert Jamie Young as Director of LiDAR Services

Earth Networks Launches Advanced Weather Service for Commercial Drone Market

Sferic DroneFlight delivers hyperlocal, low-altitude weather forecasting for drone operators to plan and fly missions safely and efficiently

Globetouch and CloudMinds Technology Announce Partnership to Provide Connectivity for Robotics

"This partnership is a major step forward for both Globetouch and the AI and IoT communities in general. Working with CloudMinds, we will provide full connectivity for many innovative and advanced robotics initiatives that require the ability to control rapid motions."

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