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NEW YORK— In a story on July 11 about Amazon seeking permission from the Federal Aviation Administration to fly drones, The Associated Press misstated the year that Congress gave the FAA a deadline for granting drones access to U.S. skies. Congress set the September 2015 deadline in 2012, not last year. Amazon asks FAA for permission to fly drones.
With some no bigger than a hummingbird, the hottest things at this week's Farnborough International Airshow are tiny compared with the titans of the sky, such as the Airbus 380 or the Boeing Dreamliner. This week Hamas launched for the first time an unmanned drone into Israeli airspace that was shot down.
NEW YORK— Amazon is asking the Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less. In a letter to the FAA dated Wednesday, Amazon said it is developing aerial vehicles as part of Amazon Prime Air.
WASHINGTON, June 10- BP has been authorized to use unmanned aircraft to conduct surveys of pipelines and other infrastructure on Alaska's North Slope, the first commercial drone flights over U.S. land, government authorities said on Tuesday, giving a boost to the tiny aircraft's manufacturer.
Companies are preparing to launch unmanned aircraft in the Arctic this summer to aid in energy exploration, climatology research and shipping.
Los Angeles-based start-up DreamHammer has created Ballista, which aims to become the Windows or Android of unmanned aerial systems.
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Concerns over domestic surveillance aside, the industry says 100,000 jobs could eventually be created if the FAA integrates drones into U.S. airspace by its 2015 target date.
The Dow industrials hit historic high, yet there are no TV trucks in front of New York Stock Exchange. More evidence this is not 1999 ... or 2007.
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Amid the uproar about unmanned aircraft, researchers have been experimenting with the technology for years in many fields including combat.
As the two longest wars in American history come to a close, and defense spending decelerates, defense contractors are quickly devising ways to alter their war-time technology for commercial and civilian use.
Drone aircraft could see a lift from a new FAA ruling allowing routine flights, and Aerovironment was one way to play it.
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Considering Iran said it captured an American drone, will lawmakers turn negative on the technology as they cut defense spending?
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There are a few ways to trade it, but the "Mad Money" host this stock has the most juice.
With the first mass-scale electric vehicles rolling off US car lots, companies big and small are developing charging systems and outlets.
The Lightning Round is extended in this CNBC.com exclusive feature.