Email of the day (3)
Comment of the Day

October 16 2013

Commentary by Eoin Treacy

Email of the day (3)

on innovations in drone technology
“VERY interesting work on Automatic Collision Avoidance for aircraft

“Video is about half way down the (long) page. Lots of cool UAV stuff as well as links to some really neat robotics stuff.”

Eoin Treacy's view Thank you for this informative article highlighting some of the innovations occurring in the aeronautics sector. Since the sector deals with extremely expensive pieces of hardware and is subject to human error which can obliterate them, the appeal of automation is compelling.

Northrup Gruhman is one of the largest manufacturers of drone aircraft. The share broke out to new all-time highs in March and surged to test the $100 area. It has been consolidating below that level since July. While still somewhat overextended relative to the 200-day MA, a sustained move below it would be required to question medium-term potential for additional upside. Lockheed Martin has a similar pattern

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