Drones have infiltrated battle skies, with the latest innovation an experimental drone, the X-45B (seen here), that can take off from an aircraft carrier.

Now the business of building them for other purposes is set to take off, too. Meteorologists, police and fire departments, underwater oil and gas drillers, moviemakers, farmers, hobbyists and a long list of companies have an interest in drone use. The industry predicts there could be 70,000 new jobs and $13.6 billion of increased economic impact if regulations are eased to allow drones to fill U.S. skies. The Federal Aviation Administration will start rolling out new regs in 2015.

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John Miley
Senior Associate Editor, The Kiplinger Letter

John Miley is a Senior Associate Editor at The Kiplinger Letter. He mainly covers technology, telecom and education, but will jump on other important business topics as needed. In his role, he provides timely forecasts about emerging technologies, business trends and government regulations. He also edits stories for the weekly publication and has written and edited e-mail newsletters.

He joined Kiplinger in August 2010 as a reporter for Kiplinger's Personal Finance magazine, where he wrote stories, fact-checked articles and researched investing data. After two years at the magazine, he moved to the Letter, where he has been for the last decade. He holds a BA from Bates College and a master’s degree in magazine journalism from Northwestern University, where he specialized in business reporting. An avid runner and a former decathlete, he has written about fitness and competed in triathlons.