Drones are set for lift off into bigger roles in Australia after getting the backing of the Federal Government and Elsight is in pole position to leverage opportunities.

In a boost for the commercial drone industry in Australia, the Federal Government has launched a website to support individuals, businesses and industry in adopting new and emerging aviation technology.

As the drone industry takes off in Australia unmanned connectivity technology company Elsight (ASX:ELS) is in pole position to leverage the opportunities in Australia because it already has contracts with leading US companies DroneUp and Spright.

The website was developed by the Australian Department of Infrastructure, Transport, Regional Development, Communications, and the Arts, which says it has committed to developing a range of whole-of-government initiatives.

The site aims to be Australia’s official and central source on drones and emerging aviation technologies, saying “drones will create economic, social and environmental benefits for Australians.”

“Drones are being used in a range of industries across Australia to support greater efficiency, improve responsiveness and increase resilience,” the department said.

“Drone technology has skyrocketed over the past decade and is now used beyond recreation for a wide range of commercial purposes, including in disaster relief, environmental management and agriculture.”

 

SA Uni on board with iMOVE

Also announced was an iMOVE study which involves the University of South Australia working with the department to investigate the benefits of increased drone use in Australia.

iMOVE is Australia’s national centre for transport and mobility R&D which supports the sustainable movement of people and goods using technology and data.

The unveiling of the site with information about drone uses, programs and policies follows the US Federal Aviation Administration (FAA) granting its first standard Type Certificate (TC) for commercial drone deliveries last month.

This was seen by the industry as a decision that will fast-track more approvals for commercial drone deliveries in Australia given that we often follow the US lead.

 

Australia’s unique potential

With our vast distances, remote communities, and vulnerability to natural disasters, as well as congested capital cities, Australia has one of the world’s greatest needs for the flexibility drones provide.

Use cases range from delivering urgent medical supplies to shark attack victims on hard-to-reach beaches, people affected by natural disasters and road trauma casualties.

Drones have immense potential to improve efficiencies in agriculture, allowing remote controlled planting, livestock management and crop spraying.

The tech can also help monitor environmentally sensitive flora and fauna, and of course deliver everyday items such as groceries and take-away food.

 

Elsight’s frontrunner advantage

Elsight has a contract with DroneUp to supply its globally leading platform Halo that delivers fast, secure end-to-end data transmission and to ensure safe continuous flying Beyond Visual Line of Sight (BVLOS) – a pivotal advantage in a country like Australia.

DroneUp was earlier this year chosen by US Shopping giant Walmart to enable drone delivery of groceries and other supplies including covid-19 test kits to US households.

The company also secured a deal with Spright, a division of North American provider of airborne medical services Air Methods, which supplies emergency services to more than 100,000 patients annually.

Air Methods set up Spright to help solve some of the difficult health services challenges for communities across the US.

Elsight also has a partnership with Brazilian company Speedbird Aero for the critical task of controlling its drones delivering commercial packages across South America’s largest country.

 

Elsight’s ‘Halo’

Elsight CEO Yoav Amitai said the potential for drones to provide a range of services is only just being realised, not just in Australia but across the world.

“The Australian Government’s new website boosts recognition and understanding that drones can improve our lives and benefit a range of industries,” Amitai said.

“It is not a question of if anymore, but a question of when and how fast, and being a major part of it is a great feeling.”

 

This article was developed in collaboration with Elsight, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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