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New Tech Longmont
UNMANNED AERIAL SYSTEMS TECH PANEL Most people think of an unmanned aerial system (UAS), as a military technology or a hobbyist’s tool for capturing images of foliage, sporting events, and cityscapes. But big tech companies across many industries realize that UAS has potential commercial applications beyond basic surveillance, photography or videos and are exploring drone-delivery services, drone taxis for commuters, specially equipped drones/balloons to supply Internet connections in remote areas, and drones with 3-D imaging equipment that can enable the creation of “digital twins” of projects (accurate down to the millimeter), allowing construction companies to validate their work against 3-D models. While the tech giants like Google and Amazon tend to grab headlines with their drone initiatives, start-ups are actually driving most UAS innovation activity. According to a new report on the UAS industry by Mckinsey&Company, more than 300 small companies have entered the UAS space since 2000. These startup companies are focusing on hardware, support services, or operations including software and services related to navigation, unmanned traffic management (UTM), the mitigation of threats related to unmanned aerial vehicles (UAVs), and the construction and maintenance of UAS-related infrastructure, such as vertiports for drones to take off and land vertically. According to McKinsey&Company, these start-ups have attracted more than $3 billion in funding. to explore new UAS applications, industries, and geographies. OEMs have received almost half that amount (about $1.4B), and other big investments have gone to companies specializing in navigation and UTM ($371M) or data management ($328M). In 2016 the UAS market accounted for a market value of $8B with small UASs holding the highest share of MV. That number is expected to grow to $17B-$25B by 2025. Come find out what some Colorado UAS entrepreneurs on working on and some of the challenges and opportunities they are facing as the industry grapples with regulatory issues, infrastructure issues, and the conversation around public vs. private funding. Tyler Sautter, CTO for Crossbow UAS, LLC and Marketing and Development for redUAS, LLC Skip Miller, CEO UASUSA Darren Robey, UAS Operations Specialist at AVIAN, LLC Constantine Diehl, Director of Business Development UAS Colorado Moderator: Greg Griffitt, Director, Western Region for AVIAN, LLC

St Vrain Cidery

350 Terry St Ste 130 · Longmont, CO

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