DFLYF - Drone buzz picks up after FAA forms new committee to look at longer flights
alxpin/E+ via Getty Images The Federal Aviation Administration is reportedly looking to form an industry group to expand drone flights. FAA Administrator Steve Dickson announced the creation of the new industry group today at a symposium on drones. The committee will be tasked with setting standard for long-range flights out of the sightline of operators. The development could be a positive for the drone industry and set it up for more commercial applications in the future. AgEagle Aerial Systems ([[UAVS]] +3.3%), Vislink Technologies ([[VISL]] +4.7%), AeroVironment ([[AVAV]] -0.7%), Draganfly ([[DFLYF]] +6.5%) and Drone Delivery Canada Corp. ([[TAKOF]]) are some of the drone stocks that generate interest with investors. Big consumer-facing companies like Domino's Pizza ([[DPZ]] +0.4%), FedEx ([[FDX]] -3.5%) and Amazon ([[AMZN]] +0.7%) also have drone initiatives. Read all the Seeking Alpha drone news.
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Drone buzz picks up after FAA forms new committee to look at longer flights