How Artificial Intelligence is Influencing the Drone Industry For Improved Performance Posted on : Jul 16 - 2020

The global Artificial Intelligence (AI) -based Drone Software market size is expected to continue its rapid growth through the next five years, according to several reports. A Research And Markets report said that: "Digital industries are now implementing AI in their devices to improve in their fields across the globe. Application of AI in drone is one such advancement which has brought a revolutionary change in the operations of the industries. AI enables storing and managing the data in bulk which enables the drones to give better performance. The application of AI can enable the drones to function as per the user's command and with longer distance coverage. In addition, AI integrated drone enables the industries to keep a bird-eye view of the land for vigilance & mapping purpose.  The increased income levels have brought up new demands that have resulted in increasing supply of goods. Manufacturers are bringing in new features by implementing AI in their devices such as mobiles so as to make more appeal for the consumers to buy. So, the adoption in smartphones and increasing demands in aerial and drone services has made manufacturers to implement AI in drones across the globe. The drones are being in use over various s sectors such as agriculture, military and defense, media and entertainment, and others. Hence it is expected that AI-integrated drones will have significant growth in the near future.  Active tech companies in the markets this week include Plymouth Rock Technologies Inc. (CSE: PRT) (OTCQB: PLRTF), Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT.V), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), AgEagle Aerial Systems, Inc. (NYSE: UAVS).

The global AI in Drone market is geographically analyzed into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is the hub of drone manufacturers due to which, the demand for advanced technologies is expected to increase in the region. North America leads the market due to the presence of numerous key players in the region followed by Europe which has a few key players to dominate the market.

Plymouth Rock Technologies Inc. (CSE: PRT) (OTCQB: PLRTF)  BREAKING NEWS:  PLYMOUTH ROCK TECHNOLOGIES FORMS STRATEGIC ALLIANCE WITH HUMMINGBIRD DRONES TO FIGHT WILDFIRE THREATS   -  Plymouth Rock Technologies ("Plymouth Rock", "PRT", or the "Company"), a leader in the development of cutting-edge threat detection technologies, is pleased to announce a strategic alliance with Hummingbird Drones ("Hummingbird")  fire AI. (Artificial Intelligence) for wildfire analysis from PRT's fleet of drones.

Fire AI. is a division of Hummingbird Drones, an infrared service provider in Canada, and has been used as their in-house hotspot detection platform for wildfires for the past three years.

"Live actionable data is precisely what the PRT unmanned aviation platforms were designed to deliver," stated Carl Cagliarini, Chief Strategy Officer of PRT. "This partnership is a further step in our mission centric focus. To date, commercially adapted Drones have used Wi-Fi frequencies with a limited range, usually under 2-3 miles. The X1 has both short-range capabilities, along with an optional military-grade system that enables high bandwidth data feeds up to 60 miles. These capabilities combined with best in class artificial intelligence applications such as fire AI. will deliver essential data when moments matter". View More