Patrick Egan Expo2014

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Patrick Egan's presentation from the Silicon Valley Expo

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Patrick Egan Expo2014

  1. 1. 2014 SUSB Expo PATRICK EGAN SUAS NEWS
  2. 2. THE EXPO 2014 WELCOME
  3. 3. Couple of fun facts: • Transport Risk broke 325 insured UASs last Friday. Over the weekend we had 7 more bound. • Transport Risk is entering into the international market in 90 days and will be insuring directly throughout the EU. • Transport Risk is going to be announcing a partnership that is unprecedented in either the UAS or UAV insurance industries. This is with an established well known partner. This will involve thousands of units. • Transport Risk has combined premiums written on UAS manufacturers and operators exceeding $1.1mm. • Transport Risk has 11 underwriters now insuring UAS and 7 of those are exclusive.
  4. 4. What A Difference A Year Makes Patrick Egan
  5. 5. Do we need standards?
  6. 6. Key Industry Factors Financing/FUN-ding Regulation Insurance Public Acceptance Technology
  7. 7. $79 ROI in a False Economy $250,000,000.00 $55,000,000,000.00 $255,000,000.00 $450,000.00 $1,000,000.00 $300.00 Costperflighthour 0 $37,500.00 $7,500.00 $500,000.00 $150.00 $3500.00
  8. 8. REGULATORY INROADS
  9. 9. “What does it look like?” * RTCA SC 228 Work products review on the agenda Page #2 MIL-STD-3001 manual is 480 pages plus a 301 page handbook! Page #2 ISO, etc?? Further ASTM review needed!
  10. 10. The Airspace Integration Broken Record Hardcore lobbying Chairman of the Unmanned Systems Caucus total haul $830,000+ UAS ARC Stakeholder’s are big vendors, no small business representation ASTM F-38 Cannot produce a member and affiliations list – The work speaks for itself Quote from a member- “That Chinese stuff ain’t gonna fly!” RTCA sc 228 C2 and Human Factors- Military focus, no small business representation AUVSI Ineffective industry/regulatory representation and the EKM has got to go! FAA No support for public ADS-B algorithm. BLOS liability?? Punch line - Small Business is locked out!
  11. 11. THANK YOU sUAS News Readers • For making us the #1 UA news outlet • For watching Drone TV • For listening to the Podcast • For supporting the advertisers • For all of the positive feedback • For supporting the Global community
  12. 12. QUESTIONS?

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