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Drone company DJI loses $150 million to corruption

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(Reuters) — China’s DJI, the world’s largest maker of consumer drones, has discovered several cases of serious corruption at the company and expects 2018 losses...

Flytrex raises $7.5 million to expand drone delivery to North Carolina

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Delivery by drone is big business — potentially in the neighborhood of $29.06 billion by 2027, according to analysts at Research and Markets. It’s...

DJI’s Mavic 2 Enterprise is a modular drone for commercial use

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In August, China-based DJI, which made $2.7 billion in 2017 and accounts for more than 70 percent of the world’s drone market, announced two...

Parrot updates Anafi drone with new HDR and panorama shooting modes

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Four short months ago, French company Parrot took the wraps off Anafi, a fold-up, 4K-capable drone that starts at just $700. Parrot has diligently...

Apple Watch can now control Skydio’s $2,000 autonomous R1 drone

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Three years ago, a startup named Skydio emerged from stealth mode to reveal its AI platform for autonomous drones — sophisticated software that could let...