• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechFortune 500

Trump Met With Execs at AT&T, Verizon, and GE to Discuss 5G and Drones

By
Reuters
Reuters
Down Arrow Button Icon
June 22, 2017, 2:41 PM ET

U.S. President Donald Trump 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 and General Electric and other business leaders.

The White House brought together venture capitalists and executives from the telecommunications and drone, or unmanned aerial system, industries to discuss how the government can speed technologies to market.

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, Amazon.com, and Microsoft, 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, AirMap, Airspace, Measure UAS, Trumbull Unmanned, and PrecisionHawk.

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, Verizon Communications, and CenturyLink also took part. Venture capital firms included Revolution, headed by AOL co-founder Steve Case, 500 Startups, Cayuga Ventures, Epic Ventures and Lightspeed Ventures.

Obama administration rules opened the skies to low-level small drones for education, research and routine commercial use. The Trump administration is considering whether to expand drone use for deliveries beyond the view of an operator. Security issues would need to be addressed.

Get Data Sheet, Fortune’s technology newsletter.

The Federal Aviation Administration in March estimated that by 2021 the fleet of small hobbyist drones will more than triple and commercial drones will grow tenfold to about 442,000.

Last year, regulators cleared the way for next-generation 5G wireless networks, with expected speeds at least 10 times and maybe 100 times faster than today’s 4G networks. Testing is under way and deployment is expected around 2020 but infrastructure hurdles remain.

Wireless signals need to be much faster and more responsive to allow advanced technologies such as virtual surgery or remote control of machinery. 5G networks could help to wirelessly connect devices such as thermostats or washing machines.

About the Author
By Reuters
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Economy
The $38 trillion national debt is to blame for over $1 trillion in annual interest payments from here on out, CRFB says
By Nick LichtenbergDecember 17, 2025
1 day ago
placeholder alt text
Success
As millions of Gen Zers face unemployment, McDonald's CEO dishes out some tough love career advice for navigating the market: ‘You've got to make things happen for yourself’
By Preston ForeDecember 16, 2025
2 days ago
placeholder alt text
AI
'Robots are going to be amongst us': Qualcomm exec says buckle up for the next 5 years. Your car is going to be the first shoe to drop
By Nino PaoliDecember 17, 2025
1 day ago
placeholder alt text
C-Suite
Red Lobster CEO Damola Adamolekun says the key to being a better leader is being a better person: ‘Leadership is self-improvement’
By Sydney LakeDecember 17, 2025
1 day ago
placeholder alt text
Economy
America's $38 trillion national debt 'exacerbates generational imbalances' with Gen Z and millennials paying the price, warns think tank
By Eleanor PringleDecember 16, 2025
2 days ago
placeholder alt text
Innovation
An MIT roboticist who cofounded bankrupt Roomba maker iRobot says Elon Musk's vision of humanoid robot assistants is 'pure fantasy thinking'
By Marco Quiroz-GutierrezDecember 16, 2025
2 days ago

Latest in Tech

The Trump Media & Technology Group said Dec. 18 it would merge in a $6 billion deal with the TAE Technologies fusion energy developer.
EnvironmentDonald Trump
CEO of nuclear fusion firm Trump Media is merging with: High-velocity capital is critical to build quickly and efficiently. The concerns are secondary
By Jordan BlumDecember 18, 2025
3 minutes ago
Lovable CEO
AICoding
Lovable hits $6.6 billion valuation as its CEO says it wants to be ‘the last piece of software’ companies ever buy
By Beatrice NolanDecember 18, 2025
1 hour ago
unemployed
CommentaryLayoffs
The AI efficiency illusion: why cutting 1.1 million jobs will stifle, not scale, your strategy
By Katica RoyDecember 18, 2025
3 hours ago
AIFintech
How Salient, an AI loan processing startup valued at $500 million, grew ARR to $25 million in two years
By Lily Mae LazarusDecember 18, 2025
4 hours ago
Sam Altman
AIEye on AI
OpenAI is a house still under construction — but no one agrees what it’s made of
By Sharon GoldmanDecember 18, 2025
4 hours ago
Truth Social
InnovationM&A
Devin Nunes and Trump Media get in bed with Google-backed nuclear fusion company in surprise $6 billion merger
By The Associated PressDecember 18, 2025
6 hours ago