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Drone company DJI loses $150 million to corruption

(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

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

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

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

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