Eden Attias, the chief executive of ParaZero, who was in Melbourne this week, told iTWire that the use of drones in a multitude of industries was slowly building up and in a few years the safety industry would be worth something in the region of US$2 billion.
A former brigadier-general in the Israel Air Force, Attias said one obstacle in the way of drones being used commercially was the fear that it was not safe to fly them above crowds.
He said ParaZero had demonstrated that there was no danger to people by flying drones above people in the US state of North Dakota just a month ago, after gaining approval from the Federal Aviation Administration.
The SafeAir safety system atop a commercial drone. Courtesy ParaZero
Attias said the company had developed algorithms that made the judgment of what behaviour should be adopted, depending on the environmental variables at a given time.
The end game was to safely land the drone in the event that conditions became unfavourable for it to fly above populated areas or people, or if extended flight would cause a malfunction.
The safety solution had a parachute which was deployed in the event that the drone had to land; ParaZero has a patent on the way the deployment of the parachute occurs.
Attias said the design and technical work was all done in Israel. The company has a distributor in Australia.
ParaZero's solution is meant for drones that weigh at least 1.2kg, Attias said, which ruled out its use for what he described as "toy drones" – the little ones that can be bought online for personal amusement.
But he said ParaZero would be developing a version of SafeAir for consumer drones and hoped to have it available by Christmas.
At least one trial has been run in Australia by another company, Alphabet's Project Wing, to test delivery by drones to remote parts of the country.