Nokia and Swisscom Launch Nationwide Drone Network in Switzerland

2 min read | August 08, 2024 12:00 AM PDT | By Team Kalkine Media

Google News:

Nokia and Swisscom Launch Nationwide Drone Network in Switzerland — Image source: Shutterstock

Recent News

Why is Marathon Petroleum (NYSE:MPC) moving with S&P 500 Energy?

Why AbbVie (NYSE:ABBV) Gains in S&P 500 Index Biopharma Push?

Why FactSet Research Systems Anchors Index Stability Gains Now?

Why Is M&T Bank Driving S&P 500 Index Regional Banking Strength?

Make Kalkine Media
My Trusted Source

Headlines

Nokia and Swisscom are collaborating to deploy a drone network across Switzerland for enhanced emergency response and infrastructure inspections.

The network will involve 300 drones operated by Swisscom through a drones-as-a-service (DaaS) model, providing on-demand drone use without ownership.

Swiss public safety agencies can request drone flights for data collection, and the technology will also facilitate remote inspections of critical infrastructure.

Nokia (NYSE:NOK) has partnered with Swisscom to establish a drone network throughout Switzerland aimed at improving emergency response efforts and infrastructure inspections, according to a joint statement released on Thursday.

The Finnish telecom equipment manufacturer will provide 300 unmanned vehicles, which Swisscom, a mobile provider, will operate through a drones-as-a-service (DaaS) network across the country. DaaS is a business model that allows clients to utilize drones on demand without the need to purchase or manage them.

Swiss public safety agencies, such as police and fire departments, will be able to request drone flights from Swisscom Broadcast and access the collected data. The technology will also enable remote inspections of power lines, solar panels, and oil and gas infrastructure, explained Thomas Eder, Nokia's head of embedded wireless, in an interview with Reuters. Wherever it is hazardous to send a person, a drone can be deployed or ordered first, Eder said.

This development highlights the increasing role of technology stocks in advancing various industries, particularly through innovative applications like drones.

Drones, traditionally used for military purposes, are increasingly being employed in various sectors such as goods delivery, infrastructure inspection, and agriculture. However, there are ongoing concerns regarding surveillance, noise, and safety, despite the introduction of stricter regulations to govern drone use.

Nokia and Swisscom have committed to cooperating with aviation and spectrum regulators and adhering to data protection laws. Eder noted, If there is a beach or swimming pool where video captures should be avoided, then no-fly zones can be defined.

Eder also mentioned that the global industrial drone market is currently valued between $32 billion and $35 billion.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.