Hello, Andreas
Considering what I have done so far both scenarios are possible. You could process the data on a desktop PC and send the commands/references via Bluetooth, being aware of the delays involved, or do everything embedded. From my delay measurements I have obtained an approximate conservative value of 40ms for sending data and receiving it back, at least on my actual setup. If you intend to use the PARROT Mambo with the FPV camera, I do not know if MATLAB/Simulink supports it directly, I would suggest you to see your options of image acquisition first.
Best Answer