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Investment is based on state's "belief" in the industry's potential
SYRACUSE - New York State believes in the "potential" of the unmanned aircraft systems (UAS) industry.
"We think this is going to be a $1 trillion industry," said Gov. Andrew Cuomo.
New York State plans to spend $30 million to develop a 50-mile, flight-traffic management system between Syracuse and Griffiss International Airport in Rome to "advance the burgeoning" drone industry in Central New York.
Cuomo on Nov. 10 announced the funding during his appearance at the Unmanned Aircraft Systems Traffic Management (UTM) Convention at the Oncenter in Syracuse.
Within the 50-mile corridor, "strategic investments will accelerate industry growth by supporting emerging...