Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Why Google Inc. (GOOG) And, Inc. (AMZN) Will Have To Wait Longer For Commercial Drone Usage?

U.S aviation officials have stalled over the years on the legislation of rules that are expected to define the commercial drone industry., Inc. (NASDAQ:AMZN) and Google Inc. (NASDAQ:GOOGL) continue to maintain a closer eye on the imminent rules that are expected to affect their same-day delivery plans that have been grounded due to a lack of sufficient legislation.

Amazon, is AMZN a good stock to buy, robots,

During an interview on Bloomberg, Michael Drobac, argued that sluggish nature of the FAA in implementing new commercial drone rules has caused the U.S to lag the likes of Canada and other European nations on the use of drones.

“I think the technology and the companies here in the U.S. are doing incredible work but the FAA has been too restricted requiring pilots licenses, having be within the line of sight and requiring they be doing daylight hours,” said Mr. Drobac.

The FAA requirement of flying Drones within sight essentially goes to limit, Inc. (NASDAQ:AMZN) and Google Inc. (NASDAQ:GOOGL)’s ability of flying drones to deliver goods to consumers. The irony of the suggested regulations means that commercial use of drones will be prohibited much to the dislike of big tech companies

The expected FAA rules are expected to shed more light on who is to be certified to fly the unmanned aircrafts, purposes for which they can be used for, as well as how drones are certified. Facebook Inc. (NASDAQ:FB), Google Inc. (NASDAQ:GOOGL) and, Inc. (NASDAQ:AMZN) have all been pushing for the drone’s technology. Drobac notes that these companies will have to wait a little bit longer before attaining licenses as full legislation is not expected until 2016.

“Companies like Google X Flight Wing and Amazon Prime Air and GoPro Inc. (NASDAQ:GPRO) and a host of all other companies are going to have to go overseas or they have to go to six test sites in the U.S.. This means they have to transplant their entire teams to theses test sites which is an arcane process,” said Mr. Drobac.

Drobac believes the likes of Google Inc. (NASDAQ:GOOGL) and, Inc. (NASDAQ:AMZN) should be allowed to test drones near their headquarters to easily identify what works and what does not work. As one of the ways of averting safety concerns.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks
Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.