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February 15, 2015
16:45 EDTAMZNFAA proposes new rules for commercial operation of drones in U.S
The Department of Transportationís Federal Aviation Administration proposed a framework of regulations that would allow routine use of certain small unmanned aircraft systems, UAS, in todayís aviation system, while maintaining flexibility to accommodate future technological innovations. The FAA proposal offers safety rules for small UAS, under 55 pounds, conducting non-recreational operations. The rule would limit flights to daylight and visual-line-of-sight operations. It also addresses height restrictions, operator certification, optional use of a visual observer, aircraft registration and marking, and operational limits. Publicly traded companies in the space include General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), AeroVironment (AVAV), SAIC (SAIC), Textron (TXT), Amazon.com (AMZN) and GoPro (GPRO). Reference Link
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