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Want To Fly A Drone? There's An App For That
Monday, May 11, 2015 - 12:28pm | 300The Federal Aviation Administration has heavily regulated the use of drones in the U.S., as concerns about safety and privacy overshadow the developing technology. For hobbyists, the lengthy regulations can be difficult to interpret; however, the FAA is hoping to cut down on unknowing violators by...
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AIG Becomes The Latest Company To Use Drones
Thursday, April 9, 2015 - 10:54am | 424While Amazon.com, Inc. (NASDAQ: AMZN)'s proposed drone delivery service has stolen the spotlight when it comes to innovative uses for the unmanned aircraft, American International Group Inc (NYSE: AIG) has been quietly formulating its own plans for the technology. On Wednesday, the insurance...
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FAA Rolls Out Drone Rules: What You Need To Know
Tuesday, February 17, 2015 - 2:37pm | 411After much prodding, the Federal Aviation Administration has finally come up with a set of rules for the use of commercial drones. The proposal is expected to spark new investment in the technology as the incorporation of unmanned aircrafts becomes more plausible for big businesses. FAA...
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Can Drone-Maker AeroVironment Compete In A Civilian Environment?
Friday, July 11, 2014 - 2:36pm | 680Shares of drone-maker AeroVironment (NASDAQ: AVAV) soared Wednesday, seeing a 13 percent bump for the day. But the question, according to Zacks, was whether the positive news would last. This was especially relevant given considering AeroVironment -- a company that has been so heavily involved...
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Will Prime Air Deliver Big Gains For Amazon?
Friday, June 27, 2014 - 2:17pm | 742Earlier this week, the Federal Aviation Administration was thought to have quietly quashed Amazon's (NASDAQ: AMZN) initial plans for an unmanned delivery service. Amazon was not explicitly prohibited from proceeding with the project, but the FAA released a few specific rules that could have...
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FAA: Amazon Delivery Drones Not Banned After All
Wednesday, June 25, 2014 - 1:06pm | 609Following news Monday that the Federal Aviation Administration had banned Amazon (NASDAQ: AMZN) from using unmanned drones to deliver packages, clarification from the FAA, reported by CNET, now seems to indicate such was not the case at all. Monday’s news referenced an FAA document that...
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Unmanned Drones Now A Strong Reality After FAA Approval
Tuesday, December 31, 2013 - 10:48am | 357CEO of Amazon.com (NASDAQ: AMZN) Jeff Bezos revealed one of the company's most secret projects during a segment on CBS' 60 Minutes: un-manned drones to be used as delivery tools. Many analysts and pundits immediately doubted the feasibility of Amazon.com utilizing a fleet of drones to deliver...
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Commercial Drone Industry Ready for Takeoff in the U.S.
Monday, December 2, 2013 - 2:21pm | 1016The interview with Amazon (NASDAQ: AMZN) CEO Jeff Bezos that aired Sunday on CBS' (NYSE: CBS) 60 Minutes is getting a lot of buzz on the internet; especially his unveiling of a company package delivery system using unmanned drones. While Bezos acknowledges such a drone delivery system is still...
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Boeing Faces New Challenges from Recent Dreamliner Fire (BA)
Tuesday, July 30, 2013 - 8:27am | 494The good news is that the fire aboard the Boeing (NYSE: BA) 787 Dreamliner at London’s Heathrow Airport was likely a pinched wire and not a symptom of a major design flaw in the 787. The bad news, however, is the mess it has created for Boeing. First, Reuters reported Monday that Boeing has...
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Boeing Dreamliner May Fly Soon
Thursday, April 18, 2013 - 7:49am | 606The Boeing Company’s (NYSE: BA) three-month old Dreamliner nightmare might soon be over. According to Reuters, the Federal Aviation Administration is close to approving a document, known as a Project Statement of Compliance, as early as next week. Approval of the document would officially set...
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FAA Removes Antidepressant Ban for Pilots
Friday, April 2, 2010 - 9:49am | 78The Federal Aviation Administration has decided to allow pilots to take antidepressants drugs starting this Monday. Until recently, the FAA has refused to allow pilots to take antidepressants due to the likelihood of increased drowsiness. However, after researching depression and effective...