The Science Of ...

The sky will soon be buzzing with drones

2.2 million drones will get sold in the US this year.

James van Meter

The number of unmanned aircraft is set to surge as they become smaller and cheaper, according to global financial services company Allianz.

Whether used for inspections, photography, border patrol, emergency deliveries, crop surveys or recreationally - drones have the potential to become a multi-billion dollar business.

This raises a number of new safety concerns that could spurn a “drone insurance” market.

The Money Show’s Bruce Whitfield interviewed James van Meter, Aviation Practice Leader at Allianz Global Corporate & Specialty, for his weekly "The Science Of" feature.

Whitfield also spoke to South Africa’s first licensed drone operator, Otto Werdmuller von Elgg.

Von Elgg and the 16 “pilots” he employs does anti-poaching, mining and security work.

UDS, his company, is unique as they fly at night and beyond the line of site.

Scroll down for quotes from the audio below.

South Africa is highly regulated.

Otto Werdmuller von Elgg

The drones we use are small, fixed-wing aeroplanes with thermal imaging cameras.

Otto Werdmuller von Elgg

The anti-poaching operation is one of the hardest things I’ve done in my life.

Otto Werdmuller von Elgg

We’ve developed software to recognise images off the thermal cameras that beeps when there’s something to look at.

Otto Werdmuller von Elgg

We’ll probably see criminals using this technology.

James van Meter

There are a lot of companies with anti-drone technology.

James van Meter

A lot of companies are focussing on delivery of pizza, coffee and media entertainment.

James van Meter

The rate of innovation is phenomenal.

James van Meter

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
Robots may resemble gods by 2045 (but they'll take your job long before then)

Robots may resemble gods by 2045 (but they'll take your job long before then)

Is it even possible to stay ahead? Arabile Gumede interviews Creative Counsel CEO Gil Oved.

Story of black-owned Brimstone (owner of Sea Harvest, Tiger Brands, MTN Zakhele)

Story of black-owned Brimstone (owner of Sea Harvest, Tiger Brands, MTN Zakhele)

The Money Show's Bruce Whitfield interviews Brimstone and Sea Harvest Chairperson Fred Robertson.

How private universities are thriving in the time of #FeesMustFall

How private universities are thriving in the time of #FeesMustFall

The Money Show’s Bruce Whitfield interviews ADvTECH’s Dr Felicity Coughlan and Monash SA’s Prof Alwyn Louw.

Google knows you better than you know yourself. Here's how...

Google knows you better than you know yourself. Here's how...

Google SA’s Luke Mckend on how Google works; where autocomplete answers come from; what South Africans search for (and more).

How fuel prices are really determined

How fuel prices are really determined

The Money Show’s Bruce Whitfield interviews oil and energy expert Rocco Strydom.

How tech is threatening banks in South Africa (and changing money, forever)

How tech is threatening banks in South Africa (and changing money, forever)

Financial institutions, adapt or die! Rand Merchant Investments’ Dominique Collett discusses 2017's major "fintech" developments.

Popular articles
Money makes the world go 'round (but sex makes it spin!)

Money makes the world go 'round (but sex makes it spin!)

Bruce Whitfield interviews "Dr Eve" Wasserman about her attitude to money (hopes and fears, successes and failures, etc).

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

How Naspers paid peanuts for Tencent (China’s most valuable company)

How Naspers paid peanuts for Tencent (China’s most valuable company)

In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?