3 ways regulations need to change for the drone industry to take off

2018-7-14 19:30

The drone industry is on the cusp of a revolution, with consumer adoption expanding and commercial applications growing, yet the tight regulations stand in the way of exponential innovation. The industry is forecast to reach $100 billion market opportunity by 2020 (Goldman Sachs).

The drone industry could impact our day to day lives through applications in search and rescue, healthcare, humanitarian aid, package delivery, and security. There is a two-fold issue faced by the industry in this regard. On one hand, there needs to be increased regulation and understanding of risk from a security standpoint as it pertains to public…

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