Drones Delivering Pizza? Venture Capitalists Wager on It

Posted by Olga Kharif

Share on Facebook

Tweet on Twitter


droneCommercial drones will soon be populating U.S. airspace, and venture capitalists like Tim Draper are placing their bets.

Sales of civilian unmanned aerial vehicles, or UAVs, will reach $8.2 billion within the decade, up from nothing today, according to Phil Finnegan, director of corporate analysis at researcher Teal Group, which tracks aerospace and defense. 

While the capital invested in drone-related startups has surged, it’s still concentrated in just a few companies.

…read which companies will benefit from this shift from the Military to Commercial HERE