This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Following Meeting With FAA, Orlando Entrepreneurs Create Aerial Robotics Industry Association

ORLANDO, Fla., April 4, 2013 /PRNewswire/ -- After a positive meeting with the Federal Aviation Administration (FAA), the entrepreneurs behind Hoverfly Technologies are moving forward to create a new industry association and a Flight School certification program for aerial robot operators across the nation.

Hoverfly, which develops remotely piloted aerial robots that enable nearly hands-free flight and effortless video capture in the air, met with Michael K. Wilson, Southern Region Program Manager for Unmanned Aircraft Systems at the FAA, on March 25.

A major function of the FAA includes regulating commuter and commercial aviation. While there is not a specific rule in place that prohibits the commercial use of aerial robots, it is currently not the policy of the FAA to authorize the use of such robots.

"At the FAA, we are passionate about the aviation industry. We understand that the future holds many opportunities for the commercial use of unmanned aircraft systems. Following safety standards will be critical to their acceptance," Wilson said.

During the meeting, it became evident that an industry standard for operations safety needed to be established before Hoverfly could move forward in creating a new Flight School. In response, Hoverfly reached out to community and other industry leaders and formed a group to establish a new industry association — the Aerial Robotics Industry Association (ARIA).

"ARIA's mission is similar to the FAA's mission – to strive to reach the next level of safety, efficiency, and global leadership in the aerial industry," explained Al Ducharme, a founder of Hoverfly Technologies and associate professor in the College of Engineering and Computer Science at the University of Central Florida (UCF).

ARIA's goal is to set the standards for the safe operation of aerial robotics for commercial use, and thereby advance the growing community of professional pilots.  ARIA will set safety standards, and certifications will be granted by ARIA for flight schools around the country.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,387.21 -291.49 -1.65%
S&P 500 2,029.55 -27.54 -1.34%
NASDAQ 4,681.4970 -90.2660 -1.89%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs