The S&P Kensho Drones Index is designed to measure the performance of companies focused on the remotely operated or unmanned aerial, underwater, and surface-level drones market.
A subsector index within the S&P Kensho New Economy Index Series, the S&P Kensho Drones Index intends to represent companies involved in the drone industry, and is composed of companies focused on drone-related activities as a principal component of their business strategy, as well as the supply-chain companies involved in the industry. Drones were initially popularized through military applications, but their most prevalent use in the New Economy will likely be recreational and commercial. While a significant portion of the market for drones will come from hobbyist users, the increasing payload capacity and ranges of non-military drones means that commercial use will become increasingly widespread - for aerial imaging, repairs, shipments, and even enhanced provision of mobile data coverage.
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