US Venture Capitalists Invested $40M in UAS Start-Ups in 9 Months

Tim DraperVenture capitalists like Tim Draper are placing their bets on the commercial applications of UAS. Draper, an early investor in Hotmail, Skype and Baidu, is now backing DroneDeploy, a start-up that is building software to direct unmanned aircraft on land mapping and the surveillance of agricultural fields.

“UAS hold the promise of companies anticipating our every need and delivering without human involvement,” Draper, 55, wrote in an e-mail. “Everything from pizza delivery to personal shopping can be handled by UAS.” Continue reading