People Are Still Buzzing About Amazon's Drone Delivery Idea

The December 60 Minutes segment on Amazon.com's (NASDAQ: AMZN  ) plan to have drones deliver packages created a lot of excitement. How likely is this to happen, and when? What else will we see with unmanned technology?

To find out, Motley Fool analyst Rex Moore interviewed one of the world's foremost experts, Michael Toscano, president of the Association for Unmanned Vehicle Systems International. AUVSI is a nonprofit dedicated to advancing unmanned systems and robotics, and it serves thousands of members.

In this segment, Toscano explains how the interest of a major corporation such as Amazon in the possibilities of unmanned flight brings the technology and its potential uses into the public eye, and encourages discussion of other applications as the technology matures.

A full transcript follows the video.

Bigger than drones: Are you ready for this $14.4 trillion revolution?
Let's face it, every investor wants to get in on revolutionary ideas before they hit it big. Like buying PC-maker Dell in the late 1980s, before the consumer computing boom. Or purchasing stock in e-commerce pioneer Amazon.com in the late 1990s, when it was nothing more than an upstart online bookstore. The problem is, most investors don't understand the key to investing in hyper-growth markets. The real trick is to find a small-cap "pure-play" and then watch as it grows in EXPLOSIVE lockstep with its industry. Our expert team of equity analysts has identified one stock that's poised to produce rocket-ship returns with the next $14.4 TRILLION industry. Click here to get the full story in this eye-opening report.

Michael Toscano: Actually, I think it's a very positive one because, from an educational standpoint, people are talking about it now.

There's more dialogue that's taking place, and I think there's a validation because Amazon -- which is a very reputable organization, one of the biggest we have in the world -- understands that this is a delivery capability, it's a better way of doing business.

As a delivery system, whether it's a package of something you ordered that weighs less than five pounds, or if it's vital medicine that needs to get to people, or food, or a cell phone -- when you look at a natural disaster that could take place -- people are now going to get a better understanding that when we perfect this, or when we get it to a more mature state, that we have now, at our fingertips, a technology that allows us to do things that we either couldn't do before, or now can do them in a much safer, more efficient, and more economical way.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2903691, ~/Articles/ArticleHandler.aspx, 8/2/2014 2:17:40 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement