David's Feed
May 6, 2015

China drone maker DJI wins backing from Silicon Valley investor

WASHINGTON (Reuters) – Chinese drone maker SZ DJI Technology Co Ltd has secured one of its largest investments yet from a Silicon Valley venture capital firm that was an early backer of Internet pioneers such as Facebook Inc, Etsy Inc and Dropbox.

The Shenzhen-based company, a global leader in selling commercial and recreational drones, said on Wednesday that Palo Alto, California-based Accel Partners had agreed to invest $75 million in the company to help fund its expansion.

May 4, 2015

Five U.S. aircraft landed at wrong airports since 2012: NTSB

WASHINGTON (Reuters) – Five U.S. aircraft, including a Southwest Airlines Boeing 737 and an Atlas Air Boeing 747 cargo plane, landed at the wrong airports in recent years due to preventable air traffic control errors, U.S. safety experts said on Monday.

While no injuries were reported in the incidents, which occurred from July 2012 to November 2014, the National Transportation Safety Board (NTSB) recommended changes to U.S. air traffic control procedures to avoid future problems, which can involve aircraft landing on shorter-than-expected runways – sometimes at night.

May 1, 2015

FAA considers beyond-line-of-sight drone initiatives: sources

WASHINGTON (Reuters) – U.S. aviation regulators are talking to drone makers and service providers about testing commercial drones that can fly beyond an operator’s visual line of sight, currently banned for safety reasons, according to people with knowledge of the discussions.

The potential partnerships between the Federal Aviation Administration and industry would be a milestone in developing unmanned aircraft that could be used for a variety of business applications such as delivering packages, monitoring crops or inspecting energy transmission pipelines.

May 1, 2015

U.S. FAA considers beyond-line-of-sight drone initiatives-sources

WASHINGTON, May 1 (Reuters) – U.S. aviation regulators are
talking to drone makers and service providers about testing
commercial drones that can fly beyond an operator’s visual line
of sight, currently banned for safety reasons, according to
people with knowledge of the discussions.

The potential partnerships between the Federal Aviation
Administration and industry would be a milestone in developing
unmanned aircraft that could be used for a variety of business
applications such as delivering packages, monitoring crops or
inspecting energy transmission pipelines.

Apr 28, 2015

U.S. auto safety regulator poised for action on Takata, Jeep recalls

WASHINGTON (Reuters) – The National Highway Traffic Safety Administration expects to be ready to take action within two weeks to accelerate product recalls to reduce the safety risks associated with gas tank fires in older Jeep sport utility vehicles and exploding Takata Corp (7312.T: Quote, Profile, Research, Stock Buzz) airbags, the agency’s top official said on Tuesday.

NHTSA Administrator Mark Rosekind told reporters that he expects agency staff to present a plan of options in each case early next month and vowed to be as aggressive as possible to minimize dangers posed by the deadly defects.

Apr 23, 2015

Boeing CEO warns of job relocations if U.S. Ex-Im Bank disappears

WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) may have to relocate U.S.-based engineering and manufacturing jobs overseas if Congress eliminates funding for the U.S. Export-Import Bank, Chief Executive Jim McNerney said on Thursday.

“Most of my engineering and manufacturing jobs are in the United States and I’d like to keep it that way. But without Ex-Im financing, you’d have to start asking the question” about where they should be, McNerney said at a conference sponsored by the U.S. export credit agency.

Apr 16, 2015

China’s DJI drones flying high among U.S. companies

WASHINGTON (Reuters) – Chinese drone maker SZ DJI Technology Co Ltd has established a strong early lead in the U.S. commercial market as companies turn to its inexpensive, light-weight flying devices for a host of uses from shooting films to mapping and site inspections.

Sixty-one of the 129 companies that received regulatory approval to use unmanned aircraft are using DJI drones, or 47 percent, far ahead of its nearest rival, a Reuters review of federal records as of April 9 shows. Nearly 400 other companies, more than half of the 695 businesses still awaiting approval, have applied to use DJI drones.

Mar 25, 2015

U.S. farm groups to press FAA for fewer drone restrictions

WASHINGTON, March 25 (Reuters) – American farmers want the
Federal Aviation Administration to relax proposed regulations on
commercial drones so the unmanned aircraft can be used over
longer distances at any time of day or night, farm group
representatives said on Wednesday.

Representatives for wheat, corn, and other farmers told a
Capitol Hill forum that they will submit written comments to the
FAA calling for final regulations to accommodate emerging drone
technology for a range of agricultural applications.

Mar 24, 2015

Amazon blasts U.S. agency for slowness on drone regulation

WASHINGTON, March 24 (Reuters) – E-commerce power Amazon.com
blasted federal regulators on Tuesday for being slow to
approve commercial drone testing, saying the United States is
falling behind other countries in the potentially lucrative area
of unmanned aviation technology.

Less than a week after the Federal Aviation Administration
gave Amazon.com the green light to test a delivery drone
outdoors, the company told U.S. lawmakers that the prototype had
already become obsolete while the company waited more than six
months for the agency’s permission.

Mar 24, 2015

FAA streamlines approval for some commercial drone use

WASHINGTON (Reuters) – U.S. aviation regulators on Tuesday unveiled a new policy to speed up approval for the use of commercial drones in the United States under certain conditions.

The Federal Aviation Administration (FAA), in a move first reported by Reuters last week [L2N0WM248], said it would award “blanket” certification allowing companies exempt from a U.S. ban on commercial drones to begin using the aircraft at altitudes of up to 200 feet (61 meters) during daylight hours and within the operator’s visual line of sight.

    • About David

      "David Morgan has covered news from Wall Street and Fleet Street to the White House, the Pentagon and Congress, including politics, macroeconomics, military affairs, corporate finance, U.S. intelligence, national security and the international markets. He has also reported from Atlanta on the rise of American conservatism, civil rights, homegrown terrorism and the Olympics, and helped chronicle the Sept. 11 attacks and their aftermath from Philadelphia, New York and Washington."
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