Energy: Drones…What are they good for?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 17 November 2016
⏱️ 19 minutes
🧾️ Download transcript
Summary
With GoPro’s crash-laden release of its Karma drone, some may be calling the future of consumer-facing drones into the question. In today’s Industry Focus podcast, Dylan Lewis and Taylor Muckerman discuss various uses for drones in the oil and gas sector, along with some companies that are a step ahead of their competition.
Transcript
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| 0:00.0 | Welcome Fool's |
| 0:03.0 | This is Taylor Markerman host of Industry Focus, the podcast that dives into a different sector of the market each and every day. |
| 0:11.0 | I'm joined by Dylan Lewis today. It's November 18th I believe. |
| 0:15.0 | 17th. Either way we'll get there eventually. |
| 0:19.0 | Talking about crossover week. You're from the tech side. I'm from the oil side. I'm from the oil side. I think we can |
| 0:24.8 | tell it's crossover week because you're sitting in the host share. I know yeah. That |
| 0:28.1 | intro is a little different than what some of our listeners might be used to. |
| 0:30.6 | I don't have the host voice like Sean O'Reilly does. I don't think any of us do. |
| 0:33.6 | No, he has a certain carry to the way he speaks. It's really excellent. But yeah, today's, or I guess this whole week is cross over. |
| 0:40.3 | Yeah, so you're joining the energy show and we're going to try and figure out what energy and tech have in common. |
| 0:46.0 | Yeah, I think drones. That's kind of what I want to go with. |
| 0:49.0 | A lot of people might not realize that, so that's why we're talking about it. |
| 0:52.8 | Drones obviously very consumer facing right now. |
| 0:55.6 | I'll get to the industrial and oil and gas implications in a minute, but why don't you kick off |
| 0:59.6 | for some of our listeners that might only tune into the energy show, a little bit about Go Pro, what's going |
| 1:04.4 | on with them, and then we'll get into some applications beyond just the consumer side. |
| 1:08.9 | Yeah, I think Go Pro is one of the names in the market that a lot of people were expecting big things from. |
| 1:14.8 | They recently relaunched their karma line in late October. |
| 1:18.6 | This is their first drone, right? |
| 1:19.6 | This is their first attempt at a drone, and it didn't go so well. As it turns out earlier this month |
| 1:27.4 | they announced that they were recalling 2,500 units of the karma drone. |
| 1:31.6 | Sold for about 800 bucks to 1099 depending on which model |
... |
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