Commercial Drones

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) issued new rules on Monday that make way for the commercial use of drones. The official press release claims that approximately 203,000 pilots are certified to conduct remote flights, and close to 1.7...

Shares of Wal-Mart Stores, Inc. (NYSE: WMT) continue to decline, touching a new 52-week low of $57.97 on Monday. Wal-Mart said that it is in investment mode to improve its e-commerce platform. The company filed paperwork with the Federal Aviation Administration to test a drone delivery...

The Federal Aviation Administration is reportedly planning to announce its willingness to relax the rules barring drones from flying out of the sightline of their land-based pilots. The announcement would be a major step forward for companies like Amazon.com, Inc. (NASDAQ: AMZN), who have been...

Drones have been in the news a lot lately. From a commercial perspective, drones hold a tantalizing amount of potential, and some companies have been stepping up their investments in drone technology. Not long ago, E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) announced an interest in...

CEO 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...