In the same video posted on its site, chief executive Tian Yu said that a controller with a built-in screen makes the hardware “very easy to learn” and that first-time users can expect to see their drone “take off within five minutes” of getting their hands on it.
This is Intel’s largest investment yet in a drone company.
“At Intel we believe in a smart and connected world”.
Intel CEO Brian Krzanich dubbed Yuneec’s technology “a game changer in the drone industry”, and said the investment falls in line with Intel’s vision of a “smart and connected world” propelled in part by the evolution of drone technology.
Other companies like Amazon and Google are developing drones of their own as they seek new ways to deliver items to consumers.
An Intel spokesman declined to comment further on products that might be developed through the collaboration.
Intel competitor Qualcomm has invested in US drone maker 3D Robotics, according to the Seeking Alpha financial website, while Yuneec’s Chinese rival DJI Technology raised $75m funding in May 2015. The vendor is investing the money in Yuneec, one of a growing number of drone makers that include not only smaller startups but also top-tier vendors such as Sony, which has partnered with Japanese firm ZMP to create a new drone company called Aerosense and this week showed off videos of a drone that reportedly can travel at 106 miles per hour.
Drones are attracting significant investment because unmanned aerial vehicles are likely to be invaluable for consumers and industrial customers alike, going ahead.
Going forward Intel and Yuneec will work together to develop future products although no specific industrie or areas of interest were mentioned