Business and Finance

A report from TechCrunch claims that motion cam and drone producer GoPro is about to lay off between 200 and 300 employees within the coming days. Most of these job losses are anticipated to fall within the firm’s underperforming aerial division. According to TechCrunch‘s sources, a letter to soon-to-be-departing GoPro workers …

As we attain the top of 2017, it’s not possible to not look again on a 12 months within the drone trade with out recognizing the ups and downs of main producer, DJI. Most of the ups have in fact been product-related: The Spark hit the market, as did the …

During the Innovation Celebration occasion six new groups had been introduced as finalists for the second spherical of the GENIUS NY program. They will transfer into The Tech Garden in January to start competing for $three million in prizes. The corporations, that are creating improvements in unmanned plane programs (UAS), …

Image courtesy Vigilant Vigilant Aerospace, supplier of the FlightHorizon situational consciousness and detect-and-avoid system,  acquired a brand new funding this week from Kluz Ventures, by its industrial drone and robotics fund The Flying Object. Vigilant Aerospace’s product, FlightHorizon, is a situational consciousness and detect-and-avoid system for drone pilots, manned plane …

GENIUS NY, Syracuse’s main enterprise accelerator program based mostly out of HeartState CEO’s Tech Garden, has introduced the sixteen groups named as semi-finalists in the competitors’s second spherical. The groups will compete for $three million in funding funding, together with a $1 million grand prize funding. Genius NY is a …

DJI has simply launched an in depth assertion concerning the latest raft of cybersecurity tales enveloping the favored drone producer. You can learn extra concerning the Bug Bounty program right here. Here it’s… Statement About DJI’s Cyber Security and Privacy Practices Recent information and weblog protection of DJI has raised …

The NUAIR Alliance, a consortium of New York and Massachusetts corporations, has introduced that Major General Marke F. “Hoot” Gibson, USAF (Ret) has been employed as their new CEO “to provide strategic leadership to the region’s UAS and UTM efforts.” General Gibson is well-known inside the UAS business as the major …

Media big CNN has acquired a first-of-its-kind Part 107 waiver from the FAA to fly small drones over folks. According to a CNN assertion, the approval represents an business milestone as a result of the corporate’s newest waiver will allow real-world UAS operations over folks for the primary time. CNN …

In the previous few months, we’ve had loads of information within the drone supply area. While rules don’t seem like making room for past line of sight flight anytime quickly, a number of corporations are nonetheless pushing ahead with bold aerial supply tasks. In sure instances, the life-saving potential of …

Dronelife understands that DJI has agreed to pay out a mixed complete in extra of $30,000 to a number of safety researchers as half of its Bug Bounty program. No cash has but been paid out, however a number of researchers have confirmed their bug experiences have been profitable and that …