Drone companies saw a record number of deals last year. On a quarterly basis, Q1'17 was the most active quarter historically for deals, reaching 32 investments worth $113M. Within the space, terrestrial imagery, infrastructure inspection, and delivery have emerged as some of the primary use cases for drone technology. Using CB Insights data, we identified over 70 leading private companies in the drones space and categorized them into the twelve main categories in which they operate. We define drones broadly to include software and hardware companies developing technologies related to unmanned aerial, marine, and/or land vehicles designed for unstructured environments.
Drones represent a huge opportunity in the construction industry today--and in the future. Goldman Sachs, for instance, predicts a $100 billion market opportunity for drones by 2020. Naturally, consumer and military are big opportunities, but it actually predicts that the fastest growth will happen in businesses and civil governments, with an expectation that they will spend $13 billion on drones between now and 2020. The construction industry is one that is quickly discovering the benefits of drones in the space--and some technology companies are making big moves that will make it easier to do inspection-surveying. Case in point: Topcon Positioning Group recently announced the Intel Perpetual License Inspection-Surveying provision for the Intel Falcon 8 Drone – Topcon Edition will now be included with the system.
I, Didi Taihuttu, took a risk because I had time to think about the future and how blockchain and Bitcoin would change the world. As you all now the risk I took turned out fine. I also took time to look at the future of drones and how they are changing a lot at the moment. In my opinion drones will be used much more for all kinds of work in the near future and thats why i joined the DEEPAERO team. Drones referred to as Unmanned Aerial Vehicle (UAV), aircraft without any pilot aboard.
As government regulation for commercial drone usage seems to be trending in a very positive direction for the companies involved, there is an ever-growing opportunity for drone startups to utilize artificial intelligence to deliver insights without requiring much human effort. Sterblue, a French drone software startup that is launching out of Y Combinator's latest class of companies, is aiming to get off-the-shelf drones inspecting large outdoor structures up close with automated insights that identify anomalies that need a second look.