Into this universe comes Airbus SE, the European aerospace conglomerate. Airbus is starting a new data company, called Airbus Aerial, to provide an array of unmanned aerial vehicles (UAV) services, a field the company estimates could increase to more than $120 billion annually as the use of these fleets expands, said Dirk Hoke, CEO of Airbus’s defence and space group. Hoke introduced the new company Wednesday at Xponential.

Source: Here Comes the War for Commercial Drone Dominance – Bloomberg