Photo by Emiliano Arano |
Search and rescue drones can also be equipped with special equipment such as infrared cameras and speakers. This allows user to locate missing persons and save lives. Helicopters and manned aircraft cost hundreds of dollars an hour to operate during rescue operations. Drones, only require an initial investment and have a low maintenance cost. The drone takes off from a safe location and scans from a high altitude. This leads to the safety of the team the as they stay back on the ground and get an idea of the rescue operation.
A report from Fact.MR projected that the search and rescue drone market is estimated to reach valuation of US$ 3,254.4 Million in 2023 and will top US$ 11,648.1 Million by 2033, growing with a CAGR of around 13.6% from 2023-2033. The report said: "Search and rescue drones are now becoming a popular product for responders conducting any type of emergency response. These drones are designed to provide aerial support to ground teams in searching for the locations of missing and injured people. The team can rely on UAVs for search and rescue missions while other team members continue conventional search techniques or provide support elsewhere. Equipped with the right sensors and cameras, the drone can cover large areas quickly and efficiently, making it ideal for search missions." Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Deutsche Lufthansa AG (OTCQX: DLAKY), Joby Aviation, Inc. (NYSE: JOBY), The Boeing Company (NYSE: BA), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS).
Fact.MR continued: "Drones can now fly farther and higher owing to developments in sensor technology, giving them a clearer view of hard-to-reach places. They will also have stronger cameras and other sensors, enabling them to gather more comprehensive data about possible victims and dangers. Fact.MR anticipates that search and rescue teams will depend more and more on these adaptable and life-saving devices as drone technology advances. Manufacturers will also shift towards these innovations for generating higher profits… (Drones are) a safe, efficient, and cost-effective product to drive market growth for search and rescue drone."
Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) BREAKING NEWS: Draganfly Selected by Lufthansa Industry Solutions to Strengthen Marine Search and Rescue Infrastructure - Draganfly Inc. (FSE: 3U8) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that Lufthansa Industry Solutions, an IT service provider and a subsidiary of Lufthansa Group has entered into a letter of intent with Draganfly to explore providing its drone solutions and Vital Intelligence (VI) technology for use into its existing infrastructure and customer solutions.
Draganfly's technology will assist in Lufthansa Industry Solutions' objective of providing the maritime industry with the highest information technology and performance monitoring standard. Draganfly's drone solutions will be integrated for deployment during marine search and rescue operations and for reconnaissance purposes, adding another layer of safety and security for crew members and passengers.
Draganfly's search and rescue drone can be utilized when a passenger aboard a vessel falls into the ocean. These specialized drones are high-endurance, multirotor UAVs capable of utilizing Draganfly's optical and infrared imaging solutions during an active emergency. The company's drone can be used to thoroughly map certain areas, locate survivors, and begin measuring core vitals.
The reconnaissance drones provided by Draganfly can carry out inspections of cargo and potential hazards on the water. This UAV is a high-endurance, drone that utilizes optical and imaging solutions. These drones can even function in hazardous areas.
Lufthansa Industry Solutions plans to integrate Draganfly's Vital Intelligence technology into its Artificial Intelligence as a Service (AIaaS) platform, a package that offers a quick and easy solution for businesses trying to achieve digital transformation. Draganfly's Vital Intelligence (VI) is software that uses video feed from simple RGB cameras to measure biometric data and share human experience and health insights.
"We are thrilled to partner with Lufthansa Industry Solutions and provide our versatile AI technology for use in their current infrastructure," said Cameron Chell, President and CEO of Draganfly. "This partnership reflects the growing demand for our drone, AI and data solutions with Tier 1 customers."