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The companies said they will work on developing future products together for consumers and industrial users, but provided no other details of their collaboration.
Yuneec makes a range of drones built for aerial photography and imaging. Its technology also powers manned electric aircraft.
“We’ve got drones on our roadmap that are going to truly change the world and revolutionise the drone industry,” said Intel chief Brian Krzanich in a video (see below).
“At Intel, we believe in a smart and connected world, and one of the best ways to bring that smart and connected world to everyone everywhere has been drones,” he said.
Intel competitor Qualcomm has invested in US drone maker 3D Robotics, according to the Seeking Alpha financial website, while Yuneec’s Chinese rival DJI Technology raised $75m funding in May 2015.
Venture capitalists and companies are investing in drone technology on the expectation that UAVs will prove beneficial for consumers and industrial customers.
Both Amazon and Google are testing drones developed for delivering goods to customers, while Sony has launched a drones as a service business unit, that uses its image sensor technology. Facebook is testing a UK-developed drone to enable internet connectivity in remote, unconnected areas.
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- While excitement grows in anticipation of mass adoption of drones, the industry has to overcome hurdles in regulation.
- Airline easyJet has trialled the use of drones to carry out automated testing on aircraft.
- With drones becoming commonplace in the UK, the law has needed to evolve and play catch-up.
Bloomberg News notes that the Yuneec relationship fits with Intel’s strategy to invest in companies developing products with the potential to expand the market for semiconductors, as the company searches for new markets for its chips.