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Clearer skies for commercial drones

Aug. 29, 2016 3:41 AM ETAmbarella, Inc. (AMBA) StockAMZN, BA, DPZ, TRMB, HON, AVAV, IXYS, INVN, AMBA, GPRO, COMS, DJIIBy: Yoel Minkoff, SA News Editor42 Comments
  • New rules by the FAA go into effect today, clarifying what is acceptable commercial usage of small unmanned aerial vehicles.
  • Drones must weigh less than 55 pounds, fly up to a maximum of 400 feet in altitude, at a speed of no more than 100 miles per hour and can only be operated during the day.
  • According to industry estimates, the rules could generate more than $82B for the U.S. economy and create more than 100K new jobs over the next decade.
  • Related stocks: AMBA, AMZN, AVAV, BA, DJI, OTCQB:DRNE, DPZ, HON, INVN, IXYS, GPRO, TRMB

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