Tony Dunleavy, CEO of Strat Aero, joined Zak Mir and Bill Hubard on the Tip TV Finance Show to provide an update on Strat Aero following our last interview, and find out what the future holds for the company.
What are the uses of drones?
Dunleavy noted that companies can use drones to make them more efficient, effective and secure. He added that other businesses are often unsure on how they could use a drone to help them, but Strat Aero can provide a company with the right drone and inform them how it will aid their business. Dunleavy presented a wind turbine case study, commenting that a wind turbine inspections costs £3500 to be done by man, however, a drone could complete the job for $700, and finish faster.
The future for Strat Aero
Dunleavy continued that the market is full of small start-up companies, but Strat Aero is in the process of acquiring other businesses, with 2 on the cards and more in the pipeline. He concluded that in the long-term the drone market will be incredibly large, and that it is important for Strat Aero to get hardware adaptability in order to put their footprint on the market.
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