Critical data, for example, we have topographical software that as soon as that drone gets on station, he can start building a three dimensional model of the building that's on fire, a three dimensional model. On top of that, they can locate thermal activity within the building, building structure to see if the building's about to collapse. They can do a lot of on-scene data prior to the firefighters even arriving there, so as soon as the firefighters arrive on scene, they know exactly what's going on.
The best portion is, with advanced Wi-Fi and radio signal, drones can locate people within a structure. When it comes to down firefighters and not knowing where a lost firefighter is at, that will cease to exist within the drone industry. Drones will be able to locate a firefighter with pinpoint accuracy within a structure.
The biggest area where drones are going to be used is agriculture and farming. By 2050, farmers are going to need to double the amount of production for increasing population and world demands on food production. Think about it. It's the perfect fit. Farmers, they're out in the country away from rural locations, and they have wide open lands, wide open skies. It's the perfect fit. We need to find a way to make smart, sustainable choices to be able to double the production for farmers.
80% of the drone industry right now is going to be directed towards farming, agricultural and farmers alone, and agronomists. Why? At Botlink we develop the software for this. This is a picture of the software at Botlink. What we've done with this drone right here ... This is called an drone search. With this drone, the most capable drone on the market, we can capture data instantaneously down to 2.5 centimeter resolution. Satellite images, which is the next best drone technology, 5 meter resolution at best. We can get this down to 2.5 centimeters.
What does that mean for the farmer? Currently, right now, farmers, in order to cover moisture levels and nutrients of crops, they have to spray the entire field. While that's very costly and their return on investment starts shrinking. What that 2.5 centimeters we can input that data into the tractor real time. The farmer could be in the field. We could have a drone flying overhead collecting the data and inputting it real time into the tractor, and the tractor's implement, the trailer that's on the back, can make real time adjustments based on the data that that drone is giving back to him. Instead of blanketing an entire field with water and fertilizer, they can blanket within 2.5 centimeters, increasing yields, increasing return on investment.
As you can see, drones are very, very beneficial for the economy. A lot of people are fear mongering about hey, privacy, spying. But look at the benefits. Drones are going to be used as tools, tools that feed the world, tools to protect human life. They're going to be used as tools to increase human efficiencies. Now that you look at this word, what image comes to mind? Is it spying on you? Is it military drones? Or is it aircraft that are helping the world? Although, you know, that is the spirit of TED conferences, is inspire innovation and imagination within people. I think we can look at this industry and use that same imagination and innovation to change the world and change the world for the better. Thank you.