An example of UK stagnation? is the £45bn drone promise flying away?
As we lobby for the advancement of the UK’s drone sector, it’s crucial to address the perceived regulatory stagnation that is impeding investment and progress after more postponement this year. While the potential of drones to revolutionise, various industries is widely recognised, the slow pace of regulatory development poses a significant risk of the UK falling behind in a rapidly evolving global market. According to the updated "Skies Without Limits 2.0" (2022) report by PwC and its 2023 echo “Building Trust in Commercial Drones”, drones have the potential to contribute up to £45 billion to the UK economy by 2030, with considerable savings in net costs and substantial reductions in carbon emissions. These figures aren’t just impressive; they represent a seismic shift in productivity, efficiency, and environmental sustainability. However, the realisation of this potential is heavily contingent on the establishment of clear and stable regulations. For example, th...