President Donald Trump today “offered support for emerging technologies including unmanned aerial vehicles and next-generation wireless networks in a meeting on Thursday with the chiefs of AT&T Inc and General Electric Co and other business leaders,” reports Reuters.
At the White House today, Trump met with venture capitalists, and with telcom and drone executives, and they talked about how the federal government can speed technologies to market.
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The meeting, which lasted more than three hours including breakout sessions, is part of Trump's effort to tap industry experts on how to boost U.S. competitiveness in various fields and create jobs. On Monday, Trump met with the heads of 18 U.S. technology companies including Apple Inc, Amazon.com Inc and Microsoft Corp, seeking their help to make the government's computing systems more efficient.
He will meet with energy industry leaders next week.
"We want them to create new companies and lots of jobs," Trump told the executives on Thursday. "We're going to give you the competitive advantage that you need."
In attendance were chief executives of several drone companies including Kespry Inc, AirMap, Airspace Inc, Measure UAS Inc, Trumbull Unmanned, and PrecisionHawk Inc.
Drone makers argued that the administration should move faster to approve broader commercial use of drones and noted that the Transportation Department does not require automakers to win pre-approval of self-driving vehicle technologies.
Senior executives at Xcel Energy Inc, Verizon Communications Inc and CenturyLink Inc also took part. Venture capital firms included Revolution LLC, headed by AOL co-founder Steve Case, 500 Startups, Cayuga Ventures, Epic Ventures and Lightspeed Ventures.