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UAS Business Opportunities
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| The University of North Dakota has a proven track record of obtaining Certificates of Authorizations (COAs) allowing access to airspace for testing, training and research. |
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Integrating unmanned aerial systems (UAS) into the national airspace provides undiscovered opportunities for businesses to realize new profit potential. Worldwide annual spending in the UAS industry is expected to exceed $11 billion by 2022, according to research conducted by the Teal Group Corporation. Most spending will occur in research, development, testing, evaluation and procurement, and it will nearly double from $6.6 billion in 2013 to $11.4 billion in 2022.
A growing cluster of UAS research, business and military interests call North Dakota home. Successful partnerships among private businesses, universities and the state continue to strengthen North Dakota’s position as a UAS leader. North Dakota boasts one of the most unencumbered and accessible airspaces in the nation. It is also one of the only states operating with a budget surplus, and businesses and residents are enjoying some of the largest cuts in income and property taxes in the state’s history.
North Dakota is a leader in Unmanned Aircraft Systems operations, research and development, testing, evaluation, education and training. Take a moment to visit our booths (#2727, #2835 and #2833) at the AUVSI's Unmanned Systems Conference taking place in Atlanta, Georgia, May 4-7, 2015.
| Visit North Dakota Department of Commerce representatives and other Northern Plains Unmanned Systems Test Site partners at UAS events and conferences throughout the year. |
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Advantages to Doing Business in North Dakota
- Income tax credit for research expenditures.
- Corporate income tax credit for new and expanding businesses.
- Sales and use tax exemption for manufacturing equipment.
- No personal property tax - including equipment, inventory, materials in process and accounts receivable.
- Grant, low-interest loan and training programs.
- Lowest workers compensation rates in the nation.
- Environment friendly to manufacturer's aviation liability.
- UAS industry support among state and local government, industry, academia and general aviation.
- Existing manned and unmanned aviation best practices.
- Experience obtaining FAA Certificates of Authorization (COAs).
- History and culture of aviation safety.
- Uncongested airspace.
- Climate diversity.
- Open terrain.
Excellent Business Climate
- North Dakota ranked "Best Run State" in 2014 by 24/7 Wall Street.
- The 2013 Pollina Report ranks North Dakota #3 in the nation for its business climate.
- North Dakota ranks #3 in CNBC for Top States for Business in 2013.
- North Dakota ranks #1 in the nation for the highest growth of GDP in 2010, 2011, 2012 and 2013.
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