Intel competitor Qualcomm has invested in US drone maker 3D Robotics, according to the Seeking Alpha financial website, while Yuneec’s Chinese rival DJI Technology raised $75m funding in May 2015.
Venture capitalists and companies are investing in drone technology on the expectation that UAVs will prove beneficial for consumers and industrial customers.
Both Amazon and Google are testing drones developed for delivering goods to customers, while Sony has launched a drones as a service business unit, that uses its image sensor technology. Facebook is testing a UK-developed drone to enable internet connectivity in remote, unconnected areas.
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- While excitement grows in anticipation of mass adoption of drones, the industry has to overcome hurdles in regulation.
- Airline easyJet has trialled the use of drones to carry out automated testing on aircraft.
- With drones becoming commonplace in the UK, the law has needed to evolve and play catch-up.
Bloomberg News notes that the Yuneec relationship fits with Intel’s strategy to invest in companies developing products with the potential to expand the market for semiconductors, as the company searches for new markets for its chips.