Drone technology is rapidly advancing in the ways in which it is used. In my conversation with Aaron Pierce, from Pierce Aerospace, he shares how he got started with drone technology, and the pivots Pirce Aerospace has had from its start as a digital logbook, to now developing remote ID for drones. With their technology, drones over half of a pound can be remotely identified, as is required by the FAA, making it as easy as possible for users to be compliant.
Pierce Aerospace is currently made up of a team of 5 employees and a crew of 10 contractors, and within the next 2 years, Aaron expects that to grow. He also shares his expectations of where the industry will go over the next 2 years, as well as possible regulations that will be put in place as drone usage continues to expand.
Topics in this episode
How competition is different within this industry
The value of protecting data, as opposed to selling it
Thinking of their product as a utility, and how that affects market strategy
The process of getting feedback from a defense customer
What bootstrapping allows you to do
The use of drone technology for first responders, outside the US
Book recommendation: Slicing Pie, by Mike Moyer https://www.amazon.com/gp/product/0615700624/