PrecisionHawk Secures $75 Million | Global Adoption of Commercial Drone Technology

PrecisionHawk Secures $75 Million | Global Adoption of Commercial Drone Technology

PrecisionHawk, Inc. – a leading provider of drone technology for the enterprise – announced today it has raised a $75 million round of funding from a group of venture and strategic investors. This investment brings PrecisionHawk’s total funding to more than $100 million since being founded in 2010, making it the world’s most well-capitalized commercial drone company. The […]

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World’s Top Drone Seller Made $2.7 billion in 2017!

World’s Top Drone Seller Made $2.7 billion in 2017!

TechNode.com was the first the report that DJI made $2.7 billion in 2017. The Shenzhen-based drone maker is currently the world’s top seller of consumer drones. The drone industry has not gone cold, said DJI president Luo Zhenhua (Roger Luo) in an interview with Phoenix News (in Chinese). The Shenzhen-based drone maker is currently the world’s top […]

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Amendment would make it easier for businesses to fly small drones

Amendment would make it easier for businesses to fly small drones

It may get easier for businesses to fly small drones. Two Illinois Representatives, Rodney Davis and Cheri Bustos, introduced an amendment on Thursday to a federal bill that would let companies fly drones weighing less than 4.4 pounds for commercial purposes without FAA approval. The amendment, which was attached to the FAA’s budget bill, would ease rules […]

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