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Implications of AAI’s UAS Fee-for-Service Announcement
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An Industry Proudly Comes of Age at Boston Event Business conclaves are always an excellent barometer of the state of the industry they’re focused on. And the Robotics Trends RoboBusiness Leadership Summit 2011, held last week in Boston, was no exception. Optimism reigned supreme throughout the two-day event, reflecting a view that the robotics industry was now back and stronger than ever, following months of slowed performance brought on by the recession. |
AAI Corp., an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced in February that it was expanding its unmanned aircraft systems fee-for-service efforts to included civil, commercial, and scientific entities, as well as military customers. This announcement acknowledges a growing worldwide trend in the unmanned aerial systems (UAS) market—the leasing of drones and operators by governments for military use. What differentiates AAI’s particular announcement is the inclusion of, and emphasis on, civil, commercial, and scientific groups. This is also an acknowledgment of sorts; namely, the use of unmanned aerial systems for nonmilitary applications is expected to increase, and the unmanned aerial systems fee-for-service business model can be applied.
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