Brianna White

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Jul 30, 2019
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Although the drone economy is new, it’s growing and promises to revolutionize package delivery, aerial imaging and a host of other applications in everyday life and business. “Across a broad array of sectors, many organizations are seeing the value drones can add, be that inspecting infrastructure, surveying agricultural land or aiding first responders,” says Jim Barksdale, president of Barksdale Investment & Research in Atlanta. As the industry progresses, and especially regulations begin to allow drones to fly out of sight of their operators, drones will have a much bigger impact on the economy, says Miriam McNabb, editor-in-chief of Dronelife and CEO of JobForDrones, a professional drone services marketplace. She points to “major retailers like Walmart and logistics players like UPS (increasing) their investments in the drone industry.” Here are seven drone stocks to watch today with an eye for growth.
When AgEagle was founded in 2010, its focus was on fixed-wing drones, data and analytics for the agriculture industry. Since then, it has been a story in diversification. “They’ve really moved out of a single-industry focus,” McNabb says. While the company offers two proprietary fixed-wing drones, it has expanded into contract manufacturing that also includes multirotor and hybrid fuselages for energy, construction and government, in addition to agriculture. It’s also involved in the manufacturing and assembly of drones for delivery operations. “Increasing demand for faster delivery in the transport and logistics industry is fueling capital investments in drone delivery initiatives across several sectors, including delivery of consumer packages, food, healthcare supplies and heavy cargo,” the company says.
Continue reading: https://www.bollyinside.com/news/as-technology-increases-here-are-7-drone-actions-to-watch
 

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