The next big thing! - Opportunities in drone and drone technology
Recently I was in a conference organised by the Trailblazers of the RCCG, H.O.P London; whereby one of the conference speakers talked about drones and, since then, I’ve been doing some research to see if there’s any investment opportunity.
In this post, I will highlight findings, some investment opportunities I’ve observed and some companies that I’m now watching. To start with, I’m not making any investment recommendations. but this post is for educational and informational purposes only.
What are Drones?
A drone is any unmanned aircraft or ship that is guided remotely, i.e. an aircraft with no crew or passengers on board (Unmanned Aerial Vehicles - UAV). Drones have been used extensively in the military over years, but recently commercial and private drones are evolving rapidly. Drones come in a broad range of shapes, sizes, and with various functions
Drone Applications
Drones are limitless in their possibilities, and used for numerous activities across the globe today, including for the activities below:
Farming & Cultivation
Wellbeing and Health
Distribution and Delivery
Security
Protection
Taking pictures and photos
Cinematography
Film shooting or making movie
Inspections and Mapping
Survey
The Future
The ‘Sky Drone Team’ has done a remarkable job of putting together a thorough article on considerations to be made, if interested in drone technology. The team’s recommendations cover whether you’d like to invest in the technology as a stock investor, manufacturer, reseller or even a drone pilot!
https://www.skydrone.aero/blogs/news/key-facts-you-should-know-before-investing-in-drone-technology
Tracy Thom, of Paysa.Com also takes us through the paces regarding big players such as Amazon, 3D Robotics and others, who have begun to invest in drone technology; with the prospects of more firms coming on board as the U.S. government starts to consider deregulation of some of the current roadblocks to a broader adoption of the technology.
https://www.paysa.com/blog/2017/06/12/5-companies-investing-in-drones/
Opportunities
Because of the future of drone, there are many opportunities that come with it ranging from job to investments opportunities.
Job Opportunities
There are many job opportunities for those interested in drone technology including drone pilots, drone software programmers/application developers, drone maintenance and repair engineers. For more opportunities, please check the following links.
50 Lucrative Drone Business ideas & Opportunities:
http://www.profitableventure.com/drone-business-ideas/
Business Insider - http://uk.businessinsider.com/how-to-start-a-drone-business-2017-8
Investment Opportunities
Companies such as Amazon, BAE, AeroVironment, etc are investing in drone technology now to lower their operational costs, and to beat competitors. Also one may want to follow and watch out for the companies that manufacture the components used in drone technology because, as demand increases for the technology, an increased demand will be placed on each company’s stock holdings in future.
Top Drone Stocks to check - https://www.fool.com/investing/2017/05/25/3-top-drone-stocks-to-buy-in-2017.aspx
Conclusion
From my own little research, I believe the right time is now to look into various opportunities in Drone – Jobs or Investments. I remember 4years ago when my brother-in-law introduced “BITCOIN” to me when it was priced at $13.36 and last week Friday it broke $5700.
Your comments are welcome.
I have been checking into this as well... i do believe that drones will play a big role by 2020. I think Uber Eats is a nice concept, but I can see drones delivering my to-go order a lot quicker.