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8/19/2019 Drones Rising: Bringing the Economy Along With It http://slidepdf.com/reader/full/drones-rising-bringing-the-economy-along-with-it 1/5 Drones Rising: Bringing the Economy Along With It  by David Drake  In a recent economic report by the Association for Unmanned Vehicle Systems International (AUVSI), drones will have an economic impact in the first three years of more than $!"# billion, escalatin beyond $%& billion and potentially creatin more than '',''' obs by the year &'&" Accordin to *ario *airena, AUVSI+s senior overnment relations manaer, commercial drones had been widely sed in contries like -anada, United .indom, Astralia and /apan" 0e said that /apan farmers have been tili1in nmanned helicopters in precision irriation, crop inspection, pesticide application and fertili1er" I remembered an article I wrote before abot how 2obotics will play a crcial part in solvin the bi problems of or tomorrow and why a nmber of companies are nited in forin robotics enineerin"

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Page 1: Drones Rising: Bringing the Economy Along With It

8/19/2019 Drones Rising: Bringing the Economy Along With It

http://slidepdf.com/reader/full/drones-rising-bringing-the-economy-along-with-it 1/5

Drones Rising: Bringing the EconomyAlong With It

 

by David Drake

 

In a recent economic report by the Association for Unmanned Vehicle Systems International

(AUVSI), drones will have an economic impact in the first three years of more than $!"# billion,

escalatin beyond $%& billion and potentially creatin more than '',''' obs by the year &'&"

Accordin to *ario *airena, AUVSI+s senior overnment relations manaer, commercial drones had

been widely sed in contries like -anada, United .indom, Astralia and /apan" 0e said that /apan

farmers have been tili1in nmanned helicopters in precision irriation, crop inspection, pesticide

application and fertili1er"

I remembered an article I wrote before abot how 2obotics will play a crcial part in solvin the bi

problems of or tomorrow and why a nmber of companies are nited in forin robotics enineerin"

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3o et a better insiht of this 4fedal5 indstry, I decided to share wits with the -67 and -o89onder

of the Unmanned Atonomos Vehicle Systems Association (UAVSA) .eith .aplan" UAVSA is the first

and larest commercial drone association"

 

DD: As co-founder and CEO of UAVA! the first and largest commercial drone association

solely dedicated to the commercial glo"al drone community! #hat are your $lans for this

year to achie%e UAVA o"&ecti%es' (lease ran) the to$ * $lans'

KK: As we move into the second year of the UAVSA we are very excited to expand the association

globally, with the addition of Asia and Europe to the nternational !rone Expo and "usiness

#onference Schedules$ As our membership continues to grow, we are forging relationships with

leading drone professionals regionally to create UAVSA chapters that will offer face to face community

and expand the service offered to the community$ %ur top & plans are:

'$ (row nternationally 

)$ Expand Service %fferings

&$ #ontinue to integrate and connect general aviation and robotic aviation

 

DD: (lease ela"orate on the #or) you do #ith drones and ho# cy"er security and

integration of cy"er autonomy affect our e%eryday li%es'

KK: *he ma+or wor that do day to day is at the highest levels of research, collaboration, hypothesis,

and formulation with some of the greatest minds in technology and engineering$ -e are creating

opportunities for the education and commerciali.ation of emerging technologies and products in

/obotics, Artificial ntelligence, #yber Security, #omputer Science, and Engineering0 and how these

apply to worforce development, #ommerciali.ation, and human interaction$

 

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-reatin opportnities for the edcation and commerciali1ation of emerin technoloies"

 

DD: Are you also into drone de%elo$ment yourself+ If yes! $lease share a fe# of the

$roducts you ha%e de%elo$ed'

KK: -e have developed a complete drone advertising platform$-e have also incubated the *esla

!rone #onsultancy$

*he *esla 1oundation !rone #onsultancy was incubated by the *esla 1oundation to help industry,

government agencies, as well as search and rescue organi.ations, navigate the technological,

logistical, legal, and operational challenges of the integration of aerial robotics$

DD: One drug com$any has a $roduct that can carry the human $assenger in air

conditioning #ith luggage' What,s your comment on that+ What #ill "e the to$ three

o"stacles for $roducts to "e commercialied' .o# successful do you thin) it #ill "e in the

U and "y #hat year+

KK: *his is only a precursor to the flying car, or 2ersonal /obotic *ransportation 2od 32/*24$ believe

this is a foreseeable future, but the technology, legislation, and traffic management systems must first 

be established and woring under the current challenges we face with the integration of aerial robotics

3!rones4 into our 5ational Air System 35AS4, before we can address the same issues integrating

2/*26s$ Ultimately the car companies and or startups that will be purchased by car companies will lead 

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this technology into fruition$ %ftentimes, we overloo that car and aircraft companies are technology

firms$

 

.eith also shared his thohts on a recent article pblished in time"com and oriinally appeared in

fortne"com abot :oole Drones, eventally becomin a delivery system" Accordin to him, the

biest isse preventin the proliferation of this initiative is not the technical aspect, bt the

disrption of eneral aviation on a lobal scale" 3here are isses that we have to address in terms of

the consistent leislation, air traffic control and the metadata to comply with the leal and insrance

concerns" 3he eneral bsinesses and consmers mst accept robotics as part of or everyday lives"

 

3he eneral bsinesses and consmers mst accept robotics as part of or everyday lives"

 

0e said, 4It is also important to consider or responsibility to manae this interation with ethics,

always considerin the privacy and secrity of individals, to pt in place the systems of edcation of

or yon and the transitionin workforce, and to manae Artificial Intellience for the betterment of

mankind"5 

In the Second International Drone 6;hibition (ID6) held last December &', the Aircraft 7wners and

<ilots Association (A7<A) and the 6;perimental Aircraft Association (6AA) participated for the time and

welcomed the drone commnity" .eith .aplan said that 4D/I for the first time ever e;hibited what

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drones and virtal reality can accomplish with the advent of 4Virtal 3orism5, a trly aw8droppin

display of creativity and technoloy at its best" 3his st scratches the srface of what aerial robotics

and virtal reality (V2) are oin to be able to accomplish" 3he combination of V2 and drones is st

beinnin to be e;plored, and as V2 arners reater acceptance we will see many applications that

combine the two technoloies"5 

3he international drone commnity had showcased incredible technoloical advancements in st one

year" =hat was to many mere 4prototypes5, bt in only one year were e;hibitin complete 4pl and

play5 drone systems ready to complete maor motion pictre cinematoraphic aerials, provide >idar

and Infrared imaery for data collection, first person view (9<V) for virtal flyin, racin, and

sitational awareness, and the aerial mappin of an entire city ? down to the centimeter" 3he pace of

the Drone indstry+s innovations are movin at lihtnin speed" 3here are no sins of slowin any time

soon" As .eith .aplan says, 43he past week will seem like 4the old days5 de to the fast pace work

each week"5 

3he first ever world+s commercial droneport and teachin facility is bein constrcted in @older -ity,

V" Dbbed as3he Aerodrome <roect, it is 4fnded, workin and bildin"5 <rivately owned bt open

to the pblic, the '8acre droneport condcts trainins on all aspects of commercial drones, which

inclde 9AA repairman and pilot certification trainin"

Bes, these are e;citin times" Usin drones to deliver roceries, or even transportin people to lessen

traffic, is indeed mind8blowin and impressive" 9or the investment commnity, the opportnities to

profit are massive" @t as Uncle @en said to Spiderman, 4with reat power comes reat

responsibility5C we mst se 2obotics wisely and for the advancement of or society"

 

David Drake is the -hairman of >D/ -apital, a mlti8family officeC Victoria <artners,

a !'' family office networkC >D/ 2eal 6state :rop and Drake 0ospitality :ropC

and 3he Soho >oft *edia :rop with divisions Victoria :lobal -ommnications,3imes

Impact <blications, and 3he Soho >oft -onferences" 2each him directly

at David>D/-apital"com"