Gong mentioned the rising labor prices in plenty of industries have additionally created enterprise alternatives for drone-makers, whose gadgets are cheaper alternatives than hiring supply folks or energy grid inspectors. The development of drones is similar to good management techniques in vehicles, she mentioned, the difference being the drone business lacks a clear improvement roadmap, tech standards, and regulation. Gong Qin, founding father of XAircraft, mentioned the market is now thriving as a outcome of manufacturing prices are falling and smartphone technology is rising. In September, XAircraft obtained a $20 million funding from the Shanghai-based enterprise capital firm Chengwei Ventures LLC, and Ehang Technology raised $10 million from GGV Capital in Decembe For one thing, he mentioned, the worth of the GPS module used in drones has tumbled to $4 from $400.
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