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"We chose Colombia...It's a country that provides a certain amount of technology, a dynamic environment, especially Medellin"

Chubb Risk Engineering initially developed this service in North America, then introducing it in Chile during 2018, then rolling it out to several Latin American countries.

Colombian state-controlled petroleum giant Ecopetrol (NYSE: EC, BVC: ECO) has taken delivery of French-made submarine drones to help the company in its Caribbean petroleum exploration efforts. The drones are equipped with sophisticated chemical and physical sensors to allow it to...

"You need a bunch of other expertise around the table in addition to raw engineering talent," says Casnocha. "There is still work to be done in terms of the human capital."

Colombia’s civil aviation authority has released Circular 002, published in Official Diary #49.624 that sets out the regulations for operating drones, known formally as Aeronaves Pilotadas a Distancia (Airships Piloted from a Distance) within Colombian airspace. Primary...