In recent decades, scientific and technological developments have continued to increase in speed, with researchers focusing not only on the innovation of single technologies but also on the cross-fertilization of multidisciplinary technologies. Unmanned aerial vehicle (UAV) technology has seen great progress in many aspects, such as geometric structure, flight characteristics, and navigation control. The You Only Look Once (YOLO) algorithm was developed and has been refined over the years to provide satisfactory performance for the real-time detection and classification of multiple targets. In the context of technology cross-fusion becoming a new focus, researchers have proposed YOLO-based UAV technology (YBUT) by integrating the above two technologies. This proposed integration succeeds in strengthening the application of emerging technologies and expanding the idea of the development of YOLO algorithms and drone technology. Therefore, this paper presents the development history of YBUT with reviews of the practical applications of YBUT in engineering, transportation, agriculture, automation, and other fields. The aim is to help new users to quickly understand YBUT and to help researchers, consumers, and stakeholders to quickly understand the research progress of the technology. The future of YBUT is also discussed to help explore the application of this technology in new areas.