President Trump hosted a White House meeting with a group of industry leaders, including George Mathew, CEO of Menlo Park commercial drone company Kespry.
During a demonstration in the East Room, George Mathew, the leader of drone-maker Kespry, brought Trump one of its industrial craft as he sought to explain its industrial uses.
In June, Trump told drone executives the administration wants "to create new companies and lots of jobs... We're going to give you the competitive advantage that you need." In attendance was George Mathew, CEO of Kespry.
Adam Rice, business development director at Kespry, points to 2014 as the year commercial drones truly hit the market. And a lot has changed in the market since that time, he says.
Farmers Insurance teamed up with Kespry to provide drones to their insurance inspectors.
From vertical farming to alternative lending and now to drones, our third portfolio “powerchat” of the morning came from Kespry CEO George Mathew who spoke with Financial Times reporter Leslie Hook about industrial drone technology.