Industry Trade Group Predicts Domestic Drone Market To Exceed 80 Billion

DENVER, CO / ACCESSWIRE / March 18, 2015 / Drones are poised to have a huge impact on the US economy, according to the world's largest unmanned systems industry organization. The report released by the Association for Unmanned Vehicle Systems International (AUVSI) forecasts the total domestic impact to reach more than $82 billion.

With that much cash on the line, it's easy to see why investors aren't waiting and are betting on a future full of flying robots. So who exactly will be buying all these drones? It may not be who you think. According to the report, the agriculture sector will be leading the way accounting for $75.6 billion of total national economic impact.

Denver based tech firm Valmie Resources, Inc. (VMRI) is one of those companies charging full speed ahead to meet the growing demands of the agricultural market.

"There is no doubt about the value of drones in agriculture. Drones are a complete game changer and will allow farmers to produce more with less." said Valmie CEO, Gerald Hammack.

As FAA regulations begin to ease allowing drones in the national airspace, 80 percent of the utilization is going to be in precision agriculture, according to Michael Toscano, CEO of AUVSI.

Hammack elaborated, "Drone technology allows farmers to monitor their crops in a way they never could before. They can quickly identify pests, diseases and unwanted vegetation, as well as detect erosion. All this helps them increase their yield. With the world's population ballooning to more than 7 billion, the ability to produce more with less has become downright mandatory."

 https://www.youtube.com/watch?v=luO0ZTssjGU

Another company that is helping the agriculture industry be more efficient is Ceres, Inc. (CERE) who is an agricultural biotechnology company that develops and markets seeds to produce crops for markets that utilize plant biomass, including biofuels, renewable electricity and livestock feed and forage. Companies like this are in high demand for investors as the rising population has made the ability to produce more with less a critical mandate for farmers.

Drone investors have also been looking to companies like IXYS Corp. (IXYS), a big supplier of power controllers and other power chipsets that every drone will need to run.

But if you're looking for a more 'pure-play' to take advantage of the drone boom, especially in agriculture, we like Valmie Resources.

As part of its mission to work in the agriculture industry, Valmie recently signed a letter of intent with Monitoreo Especializado Agrícola de Jalisco, SA (MEA) to supply unmanned aerial vehicles (UAV's) and fully integrated ground control software and cloud services for MEA's customer base.  Valmie's UAV suite includes its innovative AIMD (Autonomous Intelligence for Mobile Devices) Platform, which gives drones an improved ability to communicate with remote hubs and other mobile devices. MEA provides crop monitoring and data collection services to megafarms located primarily in Central and South America.

"Enhancing the global food supply is high priority for Valmie as well as for the global market," said Gerald B. Hammack, President and CEO of Valmie. "We expect Valmie's technology will allow growers to improve the oversight of millions of acres in rural areas and save big money at the same time."

There is certainly going to be lots of jockeying for industry supremacy over the next decade and we may not be sure who ends up on top today but for investors willing to take a shot with an early adopter of drone technology Valmie Resources Inc ticker symbol VMRI may be worth a second look.

For more information: http://valmie.com

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