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Walmart invests in drone delivery company

2021-06-17 17:38 by
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Walmart has invested in drone delivery company DroneUp following a pilot last year with automated deliveries of COVID-19 nasal swab test kits as the world's largest retailer aims for drone deliveries at scale.

"The trial demonstrated we could offer customers delivery in minutes versus hours," said Walmart US CEO John Furner. "Now, after safely completing hundreds of drone deliveries from Walmart stores, we're making an investment in DroneUp to continue our work toward developing a scalable last-mile delivery solution."

DroneUp operates an on-demand drone delivery network that matches their database of more than 10K Federal Aviation Administration certified pilots to missions nationwide.

The company is noted to be the first operator to use the FAA 107.39 waiver, which is an operation that allows for delivery flights to be conducted over people and moving vehicles. DroneUp operates commercially throughout the U.S. and is an authorized government drone services provider for 11 U.S. states serving public sector organizations.

The financial terms of Walmart's investment in DroneUp were not immediately available.

Read more -here-


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