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There are some positions that may be invested towards drones; but my experience is that most of the money to be made will be via private and not so much, any public exposure. Not unlike early monies into 3D printing.
I have No Trespassing signs posted on my property designed keep the unwanted off my property. And, if one of these drowns was hovering over my fenced back yard I'd most likely put my skeet and trap shooting skills to use ... and, blow such from the sky. And, when the owner came on my property to claim what was left ... I'd photograph him ... And, I'd then call law enforcement to enforce my No Trespassing postings.
What is the liability on these things should one land on your head during your outdoor cookout, or crash through your windshield when driving, or cause an aircraft accident?
It amazes me you can fly these without an operator's license or apparently any type of screening. That, coupled with mandatory PLPD, would probably get rid of 90% of the nuisance ones. Admittedly, they are valuable in many areas - including agriculture and law enforcement.
Skeet - Some of these can fly at 1000 feet - about the level of an aircraft on final approach. Umm ... your rights to take one out at those altitudes would be questionable IMHO. But I'm certain you're a good enough shot to do it.
In my day, on the trap shooting circuit, I had some super piegon loads that would extend my range beyond the normal range trap load for a full choke trap gun up to about fifty yards or so. I remember busting a few trap birds back of fifty yards playing step back. In this type of match each shooter gets a bird and continues to receive birds after successfully taking out his target bird. He steps back one yard for his next bird from center station and continues the process until a lost bird happens. The shooter who has steppted back the fartherest is the winner and picks up the wager.
I have seen some shooters show up at these type shoots with 10 gague guns. I used a 12 gague trap gun with special live piegon loads as most did.
Agreed, 1000 feet would be out of my range but a 100 feet, or so, just might not be.
And, V/F, it is my thoughts, if they were on your posted property without your expressed permission they were there at their own peril.
Below is a link that, in general, defines the basic No Trespass Law.
@hank You noted: "they are valuable in many areas - including agriculture and law enforcement."
There are indeed many areas of valuable and more important; safe use of drones. One area, of which I am not involved in any fashion; is the use by a roofing company and being able to provide and prove a more detailed assessment of needed repairs or potential problem areas with a structure, in particular; a dangerous and/or very large roof area that would normally require a person upon the roof for a "report". I recall looking at several homes in the U.P. years ago and a drone for a better look from and around the roof line would be of great value. Heck, for the really good and motivated real estate sellers, what a deal to take overhead photos of some properties, eh? Take care, Catch
My sympathies are entirely with the guy who took out the drone. As these things multiply (and boy, will they ever!) there's going to be more and more of this.
@Catch said There are some positions that may be invested towards drones; but my experience is that most of the money to be made will be via private and not so much, any public exposure. Not unlike early monies into 3D printing Just saw this article when I saw Trimble tumbled today. Trimble Navigation Limited (TRMB) - NASDAQ $19.29 -3.56(-15.58%)1:43 PM, 08/05 - BATS BZX Real-Time Price Trigger warning.I seldom post an article from Seeking Alpha but thought this may be pertinent to an investment discussion.
From Seeking Alpha Who Will Benefit When Commercial Drones Take Off? Jul. 29, 2015 5:14 AM ET By Tasha Keeney, Analyst: Industrial Innovation
Despite crippling regulatory battles, commercial drones may finally be taking off. This year, Amazon (NASDAQ:AMZN) gained FAA approval for testing delivery drones, and the FAA is in talks to relax the onerous line-of-sight requirement1 for operators.
When commercial drones are free to fly, the Association for Unmanned Vehicle Systems International (AUVSI) expects unmanned aerial vehicles (UAVs) to add $80 billion to economic activity within the first 10 years. ARK's research shows that software and service providers will benefit the most from the drone industry boom. http://seekingalpha.com/article/3367805-who-will-benefit-when-commercial-drones-take-off
Not unlike Uber, I think there is going to be a lot of private placement money heading into some of the newer tech. and related. This will keep "us" out of the money on these.
A recent piece regarding some of this is that Nieman-Marcus is going to go IPO. I thought interesting.......but find that the private buyout from 2 years ago has a primary purpose for the IPO in order to pay off or down their debt. I do believe I want no part of such an IPO; as there are too many other areas with which to go fishing with one's monies.
@Maurice- I can see it now... inexpensive drones equipped with miniature aircraft cannon, specifically designed to shoot down other drones. What a business opportunity!
I guess the 2nd amendment protects guns that fly too - the wings could be part of the design like the magazines are. But I can't help having an image of GOOGLE 007 cars having "gun" fights with each other over the right of way on their way to nowhere with nobody on-board.
Its a travesty the father/shooter was arrested. --- Basically these drones (whether govt- or private- operated) have an unbridled license to snoop/spy on people at will. Pretty disgusting. -- Its getting to be like a "Stasi State" here in the US.
One "take" on the growth- & future ubiquity of --drones -- which will become ever smaller (eventually bug-sized) -- and that is home design. Specifically, people may start to demand from home-builders drone-countermeasures designed into future homes. -- Without countermeasures, just assume fly-sized drones may be "hanging out" on the ledge of your bedroom window, sometime in the future....
Comments
Have a great day , Derf
It amazes me you can fly these without an operator's license or apparently any type of screening. That, coupled with mandatory PLPD, would probably get rid of 90% of the nuisance ones. Admittedly, they are valuable in many areas - including agriculture and law enforcement.
Skeet - Some of these can fly at 1000 feet - about the level of an aircraft on final approach. Umm ... your rights to take one out at those altitudes would be questionable IMHO. But I'm certain you're a good enough shot to do it.
do "no trespassing" signs sell because people who want to sue others buy them? Is that a legal requirement?
In my day, on the trap shooting circuit, I had some super piegon loads that would extend my range beyond the normal range trap load for a full choke trap gun up to about fifty yards or so. I remember busting a few trap birds back of fifty yards playing step back. In this type of match each shooter gets a bird and continues to receive birds after successfully taking out his target bird. He steps back one yard for his next bird from center station and continues the process until a lost bird happens. The shooter who has steppted back the fartherest is the winner and picks up the wager.
I have seen some shooters show up at these type shoots with 10 gague guns. I used a 12 gague trap gun with special live piegon loads as most did.
Agreed, 1000 feet would be out of my range but a 100 feet, or so, just might not be.
And, V/F, it is my thoughts, if they were on your posted property without your expressed permission they were there at their own peril.
Below is a link that, in general, defines the basic No Trespass Law.
http://thelawdictionary.org/article/laws-for-posting-no-trespassing-signs/
You noted: "they are valuable in many areas - including agriculture and law enforcement."
There are indeed many areas of valuable and more important; safe use of drones.
One area, of which I am not involved in any fashion; is the use by a roofing company and being able to provide and prove a more detailed assessment of needed repairs or potential problem areas with a structure, in particular; a dangerous and/or very large roof area that would normally require a person upon the roof for a "report".
I recall looking at several homes in the U.P. years ago and a drone for a better look from and around the roof line would be of great value. Heck, for the really good and motivated real estate sellers, what a deal to take overhead photos of some properties, eh?
Take care,
Catch
Regards,
Ted
Presuming you're questioning the thread?
Tis an area of tech. for investment and will have many implications, including legal status forthcoming that will shape outcomes.
Take care,
Catch
Just saw this article when I saw Trimble tumbled today. Trimble Navigation Limited (TRMB) - NASDAQ
$19.29 -3.56(-15.58%)1:43 PM, 08/05 - BATS BZX Real-Time Price
Trigger warning.I seldom post an article from Seeking Alpha but thought this may be pertinent to an investment discussion.
From Seeking Alpha
Who Will Benefit When Commercial Drones Take Off?
Jul. 29, 2015 5:14 AM ET
By Tasha Keeney, Analyst: Industrial Innovation
Despite crippling regulatory battles, commercial drones may finally be taking off. This year, Amazon (NASDAQ:AMZN) gained FAA approval for testing delivery drones, and the FAA is in talks to relax the onerous line-of-sight requirement1 for operators.
When commercial drones are free to fly, the Association for Unmanned Vehicle Systems International (AUVSI) expects unmanned aerial vehicles (UAVs) to add $80 billion to economic activity within the first 10 years. ARK's research shows that software and service providers will benefit the most from the drone industry boom.
http://seekingalpha.com/article/3367805-who-will-benefit-when-commercial-drones-take-off
Thanks for the article and graphics.
Not unlike Uber, I think there is going to be a lot of private placement money heading into some of the newer tech. and related. This will keep "us" out of the money on these.
A recent piece regarding some of this is that Nieman-Marcus is going to go IPO. I thought interesting.......but find that the private buyout from 2 years ago has a primary purpose for the IPO in order to pay off or down their debt. I do believe I want no part of such an IPO; as there are too many other areas with which to go fishing with one's monies.
Take care,
Catch
One "take" on the growth- & future ubiquity of --drones -- which will become ever smaller (eventually bug-sized) -- and that is home design. Specifically, people may start to demand from home-builders drone-countermeasures designed into future homes. -- Without countermeasures, just assume fly-sized drones may be "hanging out" on the ledge of your bedroom window, sometime in the future....