Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
Kudlow pointed to strong retail sales and low unemployment as signs that the U.S. economy remained strong.Marketsread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
The Supreme Court could strike down the constitutionality of the Consumer Financial Protection Bureau, an agency Elizabeth Warren has likened to her child and which Justice...2020 Electionsread more
After four years in development, Airware is officially ready for liftoff.
The San Francisco-based start-up, which has raised over $40 million from top-tier venture capital firms including Andreessen Horowitz and Kleiner Perkins, announced the official launch of its operating system for commercial drones.
Its technology allows companies to use unmanned aerial vehicles for everything from infrastructure inspection to search and rescue missions.
"Airware's approach to the drone space is very unique in that we are one of the only companies in the space not building the drones, but instead building the hardware, software and cloud services that power drones," Airware's founder and CEO Jonathan Downey told CNBC.
Airware, which sells its "Aerial Information Platform" for an annual subscription of $2,500 per drone, also announced Thursday that it secured its first big customer—General Electric, which envisions using drones to inspect pipelines, power lines and oil rigs, among other applications.
"We're confident the company is going to succeed and do very well," says Alex Tepper, managing director at GE Ventures, which invested in Airware. "At GE, we have many different divisions including oil and gas, power, and transportation. Customers are asking us to offer services in this space, especially related to UAVs [unmanned aerial vehicles]."
The drone industry is attracting more interest from professional investors. Investment in 2014 to the drone industry topped $108 million across 29 deals, according to CB Insights. Year-over-year funding jumped 104 percent as VC firms such as Lightspeed Venture Partners and GGV Capital placed bets on the industry.
The five top-funded drone start-ups, according to CB Insights data, are 3D Robotics, Airware, XAircraft, Skycatch and CyPhy.
Analysts expect the commercial drone industry to grow strongly over the next 10 years as technology improves and prices for drones fall. Still, Frank Gillett, a principal analyst at Forrester, said headwinds for the market include privacy concerns, liability issues and the associated costs in manning drones.
"Even for simple drones, somebody has to know what they are doing," Gillett said. "You can't just hand them to an employee. You have to train them. There is a learning curve. "
Another potential challenge for the drone market? Regulation.
Currently, if a company wants to use a drone, then it needs authorization from the Federal Aviation Administration. To date, the FAA has issued 137 approvals for commercial drones.
However, the FAA has also proposed new rules for commercial drones. Specifically, commercial drones would be limited to flying during daytime hours, and below 500 feet. Additionally, drones would have to be controlled within sight of the operator. The FAA could publish these final regulations next year.
Despite possible regulatory hurdles, excitement surrounding the commercial drone industry continues to build. Airware also announced Thursday that it has received an undisclosed sum from Intel Capital, the chip giant's investment arm.
Read MoreWatch a chimpanzee take out a drone
"This is a new market, and it's just beginning to really grow," says Airware's Downey. "I think the opportunity is enormous. Drones are going to be used across a wide variety of different verticals for a lot of different applications."