Prime Air

AIBOT Appoints Industry Leader Sean Cassidy as Head of Regulatory and Government Affairs

Retrieved on: 
Thursday, January 11, 2024

Cassidy, a respected veteran of traditional and innovative aviation sectors, brings to AIBOT a deep understanding of the complexities of transitioning to autonomous aviation technology.

Key Points: 
  • Cassidy, a respected veteran of traditional and innovative aviation sectors, brings to AIBOT a deep understanding of the complexities of transitioning to autonomous aviation technology.
  • Cassidy's appointment will be instrumental in navigating the regulatory pathways essential for bringing these revolutionary products to market.
  • Under Cassidy's guidance, AIBOT aims to optimize safety as a foundational element before advancing efficiency and scalability in aviation.
  • His vision aligns perfectly with AIBOT's commitment to revolutionizing the industry through autonomous aviation technology, ultimately leading to AI-enabled systems.

Flytrex Experienced 7-Fold Increase in Delivery Last Year - IDTechEx Analyses the Future of Drone Delivery

Retrieved on: 
Monday, December 4, 2023

Unlike Flytrex, who are lucky to get approval eventually, many companies are still struggling to achieve regulatory approval.

Key Points: 
  • Unlike Flytrex, who are lucky to get approval eventually, many companies are still struggling to achieve regulatory approval.
  • This was not exciting news and made many people doubt the feasibility of drone delivery in the near future.
  • Over the past several years, IDTechEx has seen growth in the cumulative investments in the drone delivery industry.
  • As one of the earliest pioneers in the autonomous drone delivery industry, Flytrex achieved its regulatory approval after nine years since its foundation.

Flytrex Experienced 7-Fold Increase in Delivery Last Year - IDTechEx Analyses the Future of Drone Delivery

Retrieved on: 
Monday, December 4, 2023

Unlike Flytrex, who are lucky to get approval eventually, many companies are still struggling to achieve regulatory approval.

Key Points: 
  • Unlike Flytrex, who are lucky to get approval eventually, many companies are still struggling to achieve regulatory approval.
  • This was not exciting news and made many people doubt the feasibility of drone delivery in the near future.
  • Over the past several years, IDTechEx has seen growth in the cumulative investments in the drone delivery industry.
  • As one of the earliest pioneers in the autonomous drone delivery industry, Flytrex achieved its regulatory approval after nine years since its foundation.

Investing in the Future: Drone Data Services Market Projected to Surpass $15 Billion by 2030

Retrieved on: 
Friday, December 1, 2023

VANCOUVER, BC, Dec. 1, 2023 /PRNewswire/ -- USA News Group  -  According to the World Bank's Food Security Update 2023, food insecurity is on the rise across the globe. Among the more promising solutions being proposed is better data analytics of crops and soil, which is also being tied to the rise in data collection done with drone technology. It's a sector that's growing extremely rapidly, with analysts projecting the Drone Data Services market to explode by a CAGR of 39% from 2023 to 2030, to eventually top $15 billion. Many of the world's problems can and will be aided and even solved by better data collection, and there are plenty of companies looking to capitalize on drone-collected data, as well as artificial intelligence (AI) powered data analysis, including Scope Carbon Corp. (OTCQB:SCPCF) (CSE:SCPE), GoPro, Inc. (NASDAQ:GPRO), AeroVironment, Inc. (NASDAQ:AVAV), Amazon.com, Inc. (NASDAQ:AMZN), and EHang Holdings Limited (NASDAQ:EH).

Key Points: 
  • Among the more promising solutions being proposed is better data analytics of crops and soil, which is also being tied to the rise in data collection done with drone technology.
  • It's a sector that's growing extremely rapidly, with analysts projecting the Drone Data Services market to explode by a CAGR of 39% from 2023 to 2030, to eventually top $15 billion.
  • "Scope is poised to be tremendously impactful through mapping and data mining across multiple geographic zones," said Burke upon his new role's announcement.
  • "Using AI technology with drones, the software generates vast amounts of data from agricultural crops, marine biology, and forestation to name a few."

Investing in the Future: Drone Data Services Market Projected to Surpass $15 Billion by 2030

Retrieved on: 
Friday, December 1, 2023

VANCOUVER, BC, Dec. 1, 2023 /PRNewswire/ -- USA News Group  -  According to the World Bank's Food Security Update 2023, food insecurity is on the rise across the globe. Among the more promising solutions being proposed is better data analytics of crops and soil, which is also being tied to the rise in data collection done with drone technology. It's a sector that's growing extremely rapidly, with analysts projecting the Drone Data Services market to explode by a CAGR of 39% from 2023 to 2030, to eventually top $15 billion. Many of the world's problems can and will be aided and even solved by better data collection, and there are plenty of companies looking to capitalize on drone-collected data, as well as artificial intelligence (AI) powered data analysis, including Scope Carbon Corp. (OTCQB:SCPCF) (CSE:SCPE), GoPro, Inc. (NASDAQ:GPRO), AeroVironment, Inc. (NASDAQ:AVAV), Amazon.com, Inc. (NASDAQ:AMZN), and EHang Holdings Limited (NASDAQ:EH).

Key Points: 
  • Among the more promising solutions being proposed is better data analytics of crops and soil, which is also being tied to the rise in data collection done with drone technology.
  • It's a sector that's growing extremely rapidly, with analysts projecting the Drone Data Services market to explode by a CAGR of 39% from 2023 to 2030, to eventually top $15 billion.
  • "Scope is poised to be tremendously impactful through mapping and data mining across multiple geographic zones," said Burke upon his new role's announcement.
  • "Using AI technology with drones, the software generates vast amounts of data from agricultural crops, marine biology, and forestation to name a few."

Elroy Air Expands Executive Leadership

Retrieved on: 
Tuesday, July 18, 2023

Elroy Air, the company developing the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system, has announced that it has expanded its executive leadership to include Alex Blake as Chief of Staff and Zach Lovering as Vice President of Engineering.

Key Points: 
  • Elroy Air, the company developing the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system, has announced that it has expanded its executive leadership to include Alex Blake as Chief of Staff and Zach Lovering as Vice President of Engineering.
  • View the full release here: https://www.businesswire.com/news/home/20230718790786/en/
    Elroy Air Chief of Staff Alex Blake (Photo: Business Wire)
    Alex Blake, uncrewed aerospace executive from Wing (formerly Google X), Amazon Prime Air, and Kittyhawk joins Elroy Air as Chief of Staff
    “Alex’s many years of experience in moving new aerospace concepts from idea to proof-of-concept to operational reality brings an incredible set of strengths to our organization.
  • “Even before joining Elroy Air, I was impressed by their approach to tackling logistics challenges,” said Lovering.
  • I am excited to merge my decade-long experience in eVTOL system design with that of the highly capable Elroy Air team to accelerate development and productization.”
    In his role, Lovering is focused on growing the Engineering function at Elroy Air with a focus on its Powertrain, Autonomy, Integration, and Flight Testing teams.

Commercial Drones Global Market Report 2023: Demand from Last-Mile Delivery Sector Bolsters Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 28, 2023

The "Commercial Drones Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Commercial Drones Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
  • The regions covered in the commercial drones market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
  • The main types of commercial drones are fixed-wing drones, rotary-blade drones, and hybrid drones.
  • Commercial drones are being considered by companies that have last-mile delivery as their main business process.

Retail And Wholesale Global Market to Reach $104 Trillion By 2026 at a CAGR of 9.5%

Retrieved on: 
Tuesday, July 12, 2022

DUBLIN, July 12, 2022 /PRNewswire/ --The "Retail And Wholesale Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 12, 2022 /PRNewswire/ --The "Retail And Wholesale Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • Asia Pacific was the largest region in the retail and wholesale market in 2021.
  • North America was the second-largest region in the retail and wholesale market.
  • Amazon has started delivery trials via drones in the UK but is still waiting for regulatory approval in the US.

Retail And Wholesale Global Market Report 2022: Featuring Key Players Walmart, Sinopec, Amazon.com & Others - ResearchAndMarkets.com

Retrieved on: 
Friday, July 8, 2022

The "Retail And Wholesale Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Retail And Wholesale Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • Asia Pacific was the largest region in the retail and wholesale market in 2021.
  • North America was the second-largest region in the retail and wholesale market.
  • The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Nation's First Drone-on-Demand Mobile App Now Downloadable on All Devices

Retrieved on: 
Tuesday, June 28, 2022

HARTFORD, Conn., June 28, 2022 /PRNewswire-PRWeb/ -- Three years ago when Barry Alexander first brainstormed the idea of creating an Uber-like app for everyday civilians and businesses alike to order drone services, the global economy was running smoothly. The stock markets were booming, domestic unemployment was virtually non-existent, and the US drone industry was growing at a rapid rate. Fast forward to 2022 and the picture looks much different. America is still managing the damaging delays brought on by the COVID-19 pandemic that has taken its toll on all industries, including the commercial drone sector. But signs of positive changes abound.

Key Points: 
  • Akin to Uber and Lyft, the Aquiline Drone-on-Demand (ADoD) app is now available for downloads on all mobile devices, including smartphones and tablets through Google Play Store and Apple IOS.
  • Users download the ADoD app from Google Play Store or Apple IOS.
  • As career aviators, we are used to operating in turbulent climates even economic ones- and thus decided to pivot our drone-on-demand app accordingly."
  • "The ADoD app is really the entry point into our company's entire ecosystem of drone products, offerings and services," adds Alexander.