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Software May Become the Most Valuable Layer in the Global Drone Market

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Disseminated on behalf of SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) and may include paid advertising.

  • The global drone market is growing, but the hardware sector of the market is becoming increasingly more commoditized. Basic flight capabilities are widely accessible, and drone hardware is easier and cheaper to get than ever before.
  • As a result, software is quickly becoming the most valuable layer in the global drone market. It can add capabilities and features to basic drones without adding hardware costs.
  • A company at the forefront of this industry is SPARC AI, which develops GPS-free target acquisition system and autonomous navigation software for both drones and edge devices.

In the drone industry, hardware is becoming increasingly commoditized. Many drone platforms now offer similar capabilities, and products from multiple manufacturers can execute basic flight operations with relative ease. As a result, drone hardware has become more accessible, affordable, and easier to source than ever before.

One company operating at the forefront of this evolution is SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF). The company employs a software-first approach, developing next-generation GPS-denied target acquisition and autonomous navigation technologies for drones and other…

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