Commercial drone night flight gets FAA clearance

Apr. 21, 2016 3:11 AM ETAmbarella, Inc. (AMBA) StockTRMB, AVAV, IXYS, INVN, AMBA, GPRO, COMSBy: Yoel Minkoff, SA News Editor8 Comments
  • The Federal Aviation Administration has issued the first approval for flights of small commercial drones at night, in the latest sign of how quickly U.S. regulators are moving to authorize expanded uses of unmanned aircraft.
  • The clearance comes weeks before the FAA is expected to issue long-awaited rules for widespread commercial operations of small drones.
  • So far, such unmanned vehicles have been conducting commercial flights based on thousands of individual exemptions previously permitted by the agency.
  • Related stocks: AMBA, AVAV, OTCQB:DRNE, GPRO, INVN, IXYS, TRMB

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