UAV firms push for growth as tethered drone market enters new paradigm

Growing at a massive rate, the overall UAV (OEM+ aftermarket) is projected to reach USD 27.4 billion in 2021. By 2026, it is estimated to reach USD 58.4 billion at a CAGR of 16.4 per cent from 2021 to 2026.

CloudCover, a professional consulting and implementation company deployed an Orion 2 tethered drone over the ‘Guns N Roses concert’ on August 13-14, ensuring security of 14,000 fans. Manufactured by Elistair, a French company, the drone flew continuously for six hours, providing the command post with permanent view of the stadium at both entry and exit points.