wall street

Like most successful startups that preceded them, many drone companies – and above all, the advanced air mobility (AAM) aircraft developers first inspired by UAVs – factored in stock flotations as an essential source of their financing (and possibly self-perceptions as leading sector forces). Now, however, some are finding being traded on Wall Street can generate as much distraction and drag as it has capital to soar from.

Wall Street is taking advantage of “outsider information.” It’s flying drones to help clients get a better idea of the companies they’re interested in bidding on.

According to NBC News, Goldman Sachs is just one of a number of investment banks touring ports, railroads, warehouses, and big-box retail locations with drones to help buyers look for new things to acquire.