Drone-makers target Asia for growth
By Saira SyedBusiness reporter, BBC News, Singapore
As geo-political tensions remain, the demand for drones is set to sky-rocket in Asia, and that means new players will battle with industry giants for market share.
“We’ve got quite a bit of interest from Japan, Korea, Singapore, Australia, India,” says Bill Schaefer from Northrop Grumman Aerospace Systems, a dominant player in the unmanned aerial vehicle (UAV) industry.
The US company is at the Singapore Air show, showing off its wares such as the Global Hawk to potential customers. This UAV in industry parlance is a high altitude long endurance (Hale) platform.
“Something like a Global Hawk from Guam can cover 10,000 sq-mile area, so it can provide real-time surveillance of the area from a military standpoint,” says Mr Schaefer who is vice president of business development.
