Chevron Places Order for American Robotics’ Automated Drones
Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of private wireless data, drone and automated data solutions through its wholly-owned subsidiaries, Ondas Networks Inc. and American Robotics, Inc. ("American Robotics" or "AR"), announced today that American Robotics received a new purchase order from Chevron for its fully autonomous, FAA-approved, Scout Systems. This will be American Robotics' second Fortune 100 customer in the oil and gas space.
Autonomous Drone Inspections at US Refinery: Delek US Gets BVLOS Approval with Percepto AIM
Autonomous inspection leader Percepto has announced that the Federal Aviation Administration (FAA) has approved Beyond Visual Line of Sight (BVLOS) operations for Delek US Holdings' refineries in Tyler, Texas and El Dorado, Arkansas. The facilities were inspected by Percepto drones, which provided visual data management and analysis. This BVLOS approval positions Delek US's refineries as the first to receive such an approval, as well as one of the first among US energy companies. This is only the latest of many operational approvals to be received by Percepto customers,such as Florida Power & Light, Verizon Skyward, and other industrial sites in Australia, Italy, Spain, Norway, Portugal and Israel.
Drone Provider Percepto Captures $45 million in Series B Funding Round
Autonomous drone developer Percepto has snagged a financial bounty just in time for Thanksgiving—$45 million.
Koch Disruptive Technologies led the Series B funding round to launch "a transformative solution for remote, fully autonomous, asset monitoring, inspection and compliance of industrial sites."
Fully autonomous drones ‘next step’ for oil and gas
While the introduction of unmanned aircraft vehicles (UAVs) has been a game-changer in the oil and gas and petrochemical sectors, industry leaders agree the next major step in the field will be utilizing fully autonomous drones.
7 Drone Stocks to Consider as the Technology Soars
There may not be many pure-play drone stocks at the moment but the list is growing. There are other promising investment opportunities to consider. Here are seven drone stocks to watch.
AI Raising Drone Game in Oil, Gas but FAA Challenges Remain
Natural Gas Intelligence
Breakthroughs in drone technology aimed at oil and gas companies, such as advanced integration of artificial intelligence (AI), have added urgency to the fight for regulatory gains with the Federal Aviation Administration. Drones, or unmanned aerial systems, are increasingly pairing with AI capable of analyzing data gathered from oil and gas infrastructure in response to industry needs. As a result, interest from midstream operators has grown.
Drone developer, fiber optics firm partner to monitor pipelines
This week, SkyX systems, a unmanned aircraft systems provider announced a partnership with E'Kabel on a plan that will use drones and fiber optics placed inside a pipeline to monitor for pressure changes, leaks or disruptions along pipeline corridors.
State, local leaders celebrate $33 million investment in drones in Grand Forks
Grand Forks (ND) Herald
With its airport, Air Force base and college aerospace program, the Grand Forks region has celebrated several takeoffs and landings over the years. On Monday, leaders of the local unmanned aerial systems sector celebrated another takeoff as they gathered to celebrate a $33 million investment in North Dakota's UAS and drone industry.
Whitepaper outlines economic impact of BVLOS drone operations
A recently released whitepaper from drone technology provider PrecisionHawk and Skylogic Research outlines the areas of opportunities for BVLOS inspections with electric utilities, insurance companies the oil and gas industry and other businesses. According to the paper, what motivates companies to explore BVLOS operations with UAS are safety, costs, data quality and consistency and time to value.
Micro-weather forecasts for UAS will be tested in New York
CustomWeather Inc.—a provider of high-resolution weather data and alert services based in San Francisco—has entered into a partnership with TruWeather Solutions LLC to produce high-resolution forecasts supporting the specialized needs of unmanned aircraft systems (UAS) operations.
Drone Startups Expect Funding Boost From New Rules
India, the largest importer of unmanned aerial vehicles for defence, allowed their use in commercial mapping, surveys and photography. Startups operating in the nascent industry hope that would boost investor interest.
ND selected for UAS pilot project
Minot Daily News
North Dakota has been selected as one of 10 participants in a pilot program to integrate unmanned aerial systems into the national airspace.
Osage Nation opening innovation center at airport near its north Tulsa casino
It's hard to say what the Osage Nation's Skyway36 airpark north of downtown will look like 10 years from now. And that's the point. As Assistant Principal Chief Raymond Red Corn likes to say, it's a blank canvas. But this much is certain — the possibilities are endless. "We are rebranding and repurposing the airpark to take advantage of emerging technologies in unmanned aerial systems," Red Corn said.
Sky Is The Limit
Salina (KS) Journal
Some five years ago, the Association for Unmanned Vehicle Systems International ranked Kansas seventh out of the top 10 states with major opportunity in unmanned aerial systems.
The AUVSI predicted that by 2025, the UAS industry would provide Kansas more than $2.9 billion in economic impact, $29 million in tax revenue and 3,716 jobs. For now, however, the industry is in a fledgling stage.
Bay Area company expands to Reno, helps autonomous drones avoid collisions
Northern Nevada Business Weekly
On a clear October day, in a field outside of Reno, a drone lifts from a blaze orange launch pad, quickly becoming a black dot flying through the blue sky. The drone, a DJI M600, is equipped with a unique collision avoidance system. The technology is a development of Iris Automation, a San Francisco-based startup — which expanded to Reno last year — with a team from NASA, Boeing and Airbus, among others.
5 Ways Drones Are Changing the World
Driving the growth of the unmanned aerial systems industry is new and expanding application areas. Aerial technology is transforming industries of all types by optimizing processes, cutting costs, and reaching both figurative and literal places that were once unattainable. Here are five industries that are being disrupted by this new, lifesaving technology.
10 Benefits of Drone-Based Asset Inspections
This new paradigm of Drone-based inspections is helping industries improve efficiency and quality of data acquisition while increasing safety and speed of delivery. Although a new and emerging technology, (which is still evolving), in early 2018, most companies are not aware of the possible benefits they can achieve using small unmanned aerial vehicles to inspect their assets.
Industrial drone company Kespry raises $33 million
Industrial drone platform provider Kespry has raised $33 million in a series C round of funding led by G2VP, with participation from Cisco Investments, Shell Technology Ventures, Lightspeed Venture Partners, DCM Ventures, Spectrum 28, ABB Ventures, and H. Barton Asset Management.
New Texas law criminalizes drone use near animal farms
House Bill 1643, which went into effect Sept. 1, makes it a crime to operate a drone over "concentrated animal feeding operations," as well as telecommunication facilities and certain oil and gas facilities. It also bars Texas cities and towns from making their own rules regulating drone usage — a measure that has become controversial in its own right.
Civilian Drone Market Worth 73.5 Billion Through 2026
Inside Unmanned Systems
According to a new report the market for civil, commercial and consumer drones will expand from $2.8 billion in 2017 to an annual level of more than $11.8 billion by 2026—a compound growth rate of 15.5 percent.
Aerospace reaches new heights in Oklahoma
A study released Monday by the Oklahoma Aeronautics Commission estimates the aviation and aerospace industry is now the second-largest sector of Oklahoma's economy, generating an annual economic impact of about $43.8 billion.
Drone business changes as Kansas tries to make state more attractive
Jim Ballard had hopes for Blue Chip UAS, an area drone service company that the former EagleMed owner is a key investor in. Formed in 2014 by a group of young military veterans with extensive backgrounds in unmanned aircraft, Blue Chip aimed to provide imaging, three-dimensional mapping and other aerial services to the agriculture, oil and gas, construction and filmmaking industries, using commercial grade fixed-wing and multi-rotor drones.
MetroTech - UAS Business and Contracting Symposium
KOKH FOX 25
Metro Technology Center in Oklahoma City will be hosting the UAS Business & Contracting Symposium on August 8. The event has several sponsors, including KOKH FOX 25 and the UAS Cluster Initiative of Oklahoma and Kansas. The event brings government and private industry stakeholders who recognize the potential of the UAS industry and are interested in UAS considerations, challenges and answers.