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What's up in the drone industry?

Despite AI being the buzzword of the moment, the drone industry is not sleeping too. Investors continue to support drone startups, especially the specialized ventures. VC investments in drone companies reached $7 billion in 2022 across 199 deals, up from $2.4 billion in 2021.

Global Market Insights predicts that aerial imaging market will reach $25 billion by 2032.

An increasing demand from various industries fuels the growth:

- a rise in floods, tropical cyclones, storm surges and wildfires amplifies the significance and demand for advanced aerial imaging solutions to assess the damages caused by such events
- Aerial inspection is a fundamental need in the renewable energy, e.g. snapping photos of wind turbines in the ocean. Or thermal readings of large-scale solar plants
- inspecting infrastructure such as buildings and cell phone towers
- serving insurance, roofing and property management companies to assess infrastructure objects
- and so on.

The increasing demand for drones creates opportunities in the job market too. Recent study shows a surge in job postings for drone pilots and operators with an expected growth rate of over 20% in the next decade.

So whether you are an entrepreneur, investor or building your tech career, the drone industry may be worth your attention.

For more details you can read TechCrunch report here.

#drone #trends #markets

Tech for Good
What's up in the drone industry?

Despite AI being the buzzword of the moment, the drone industry is not sleeping too. Investors continue to support drone startups, especially the specialized ventures. VC investments in drone companies reached $7 billion in 2022 across 199 deals, up from $2.4 billion in 2021.

Global Market Insights predicts that aerial imaging market will reach $25 billion by 2032.

An increasing demand from various industries fuels the growth:

- a rise in floods, tropical cyclones, storm surges and wildfires amplifies the significance and demand for advanced aerial imaging solutions to assess the damages caused by such events
- Aerial inspection is a fundamental need in the renewable energy, e.g. snapping photos of wind turbines in the ocean. Or thermal readings of large-scale solar plants
- inspecting infrastructure such as buildings and cell phone towers
- serving insurance, roofing and property management companies to assess infrastructure objects
- and so on.

The increasing demand for drones creates opportunities in the job market too. Recent study shows a surge in job postings for drone pilots and operators with an expected growth rate of over 20% in the next decade.

So whether you are an entrepreneur, investor or building your tech career, the drone industry may be worth your attention.

For more details you can read TechCrunch report here.

#drone #trends #markets
TechCrunch
Drone imagery firm DroneBase rebrands to Zeitview, lands $55M investment
Zeitview, the company formerly known as DroneBase, today announced that it raised $55 million to further develop its air and ground data capture tech. Led by Valor Equity Partners with participation from Union Square Ventures, Upfront Ventures, Euclidean…
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Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.” Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system. “The reason why it’s worth money is simply because we, as people, decided it has value—same as gold,” says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.

What's up in the drone industry?

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