Tool Maker Stanley Black & Decker Joins the Drone Industry
Stanley Black & Decker is partnering with security systems firm Sunflower Labs to gain a ground in the burgeoning drone industry.


You know Black & Decker best from power tools and dad’s garage, but the home improvement company is adding drones to its repertoire. Stanley Black & Decker, as the company is officially known, will be selling drone-based security systems in partnership with Sunflower Labs as part of its new business model.
PricewaterhouseCoopers puts the global market for commercial drone use at over $127 billion, with $10 billion of those forecasted to focus on security drones by 2020. Naturally, a company like Stanley Black & Decker, known for home improvement, much of which is safety-related, will look at that pot of money and want to grab a seat at the table.
Sunflower Labs makes a home security system that uses aerial imaging and solar-powered smart lights. According to CNBC, it all goes as you might expect: The cameras above can detect motion, turn on the lights, and before you know it, a drone is dispatched to the scene to record video footage of whoever’s tinkering on your front door’s lock.
It’s a fairly clever drone-based security system, as you’ll have clean, direct footage and evidence of whatever is occurring on your doorstep, as soon as Sunflower Lab’s UAV-centric system detects any unusual activity. It makes a lot of sense for Stanley Black & Decker to partner up with a company like this in its efforts to establish itself in the drone-related security business.
According to CNBC, the aforementioned video footage makes a legal follow-up to the event easier.
“Old school systems frankly get ignored by police because there have been so many false alarms.” said Alex Pachikov, CEO and co-founder of Sunflower, CNBC reports. Currently, the total capital raised by the company is $6 million, a figure expected to rise as the company partners with Stanley Black & Decker in an effort to gain ground in the UAV industry. Regarding the famous power-tool company itself, it expects to increase its security-based revenue from $2.1 billion last year to $3 billion or $4 billion by 2022.
MORE TO READ

Related
This Flying, Rolling Drone Autonomously Maps Underground Mines
Researchers in Sweden have developed an underground-mapping drone that, unlike many drones, doesn’t need GPS to navigate.

Related
This Drone Could Save Lives by Detecting Heartbeat and Breathing Rate
Australian researchers have developed a drone that can analyze vital signs from up to 9 feet away by detecting and analyzing visual cues.

Related
Rocketmine Drones Are Changing the Mining Industry Game
Drones are helping the mining industry increase efficiency, cut costs, and keep people safe while collecting sophisticated blast data for businesses.

Related
Drone Delivers Coffee to Beachgoers on Dubai’s Kite Beach
Costa Coffee in Dubai tested out its delivery drones on Kite Beach, which successfully brought customers their beverages in less than 15 minutes.

Related