3 ms·
TFA in two sentences (quote): * Federal regulation of the aircraft has been slow to catch up, and is holding back many businesses from expanding. * Non-drone
by romwell 7y ago
TFA in two sentences (quote):
* Federal regulation of the aircraft has been slow to catch up, and is holding back many businesses from expanding.
* Non-drone companies across industry pull their unmanned aerial operations in-house
In short: there is no drone bubble. There is a short-term investment bubble.
- umeshunni 7y agoAnother reason (the article didn't delve deeper into) is that the drone hardware market itself consolidated and non-Chinese manufacturers just got outcompeted and wiped out.