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The Drone Market Size Continues to Rise Steeply Generating Lucrative Revenue Opportunity

GlobeNewswire LogoGlobeNewswire6d ago

The Drone Market Size Continues to Rise Steeply Generating Lucrative Revenue Opportunity - GlobeNewswire

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Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using traditional methods.   Continued… Read this full release by visiting: Other recent developments in the technology industry include: Ambarella, Inc.(NASDAQ: AMBA) recently announced during CES the N1-655 edge GenAI system-on-chip (SoC), which provides on-chip decode of 12x simultaneous 1080p30 video streams, while concurrently processing that video and running a hybrid of multiple, multimodal vision-language models (VLMs) and traditional CNNs.

We look forward to driving ongoing sustainable revenue growth and remain committed to building long-term value for all our stakeholders.” Palladyne AI Corp.(NASDAQ: PDYN) and Red Cat Holdings, Inc.(NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced the completion of the first successful flight in which multiple Teal drones equipped with Palladyne™ Pilot AI software autonomously collaborated to identify, prioritize, and track objects of interest on the ground.

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Article Details

Author / Journalist: FN Media Group LLC

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 14:15:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1987 words

Reading Time: 12 minutes read

Sentences: 52 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 25578650

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 63 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 9 hours ago

Coverage Areas: China

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Publication Timezone: GMT +8:00

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Publisher ID: #116

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