Robotics & Automation News

Human judgment in the AI era

drone delivery network

Wing invests $125 million in US drone manufacturing to support nationwide expansion

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Wing, the drone delivery company owned by Alphabet, is investing up to $125 million in US manufacturing over the next two years as it prepares to expand its autonomous delivery network across the country.

The investment includes a new 15,000-square-foot manufacturing facility in Fort Worth, Texas, which will have the capacity to produce tens of thousands of delivery drones annually.

The facility is expected to create up to 100 manufacturing jobs and support Wing’s plans to extend its services to more than 40 million Americans across nearly 20 US markets by 2027. [Read more…] about Wing invests $125 million in US drone manufacturing to support nationwide expansion

Zipline raises an unbelievable $1.5 billion to build nationwide drone delivery network

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Zipline has announced an extraordinary $1.5 billion raise at a $21.5 billion post-money valuation, led by Paradigm, WCM Investment Management, and Layer Global with participation from Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, J.P. Morgan, ARK Invest, and Salesforce Ventures.

Zipline will use the capital to expand its US manufacturing facilities and ramp hiring as it builds a nationwide drone delivery network. Demand for delivery has never been higher, but ground delivery is constrained by traffic, aging infrastructure, and rising costs. Roads can’t keep up. The future of delivery is in the sky.

Walmart and Zipline are now working together to launch 300 additional sites as part of a new national multi-year agreement with potential to grow further. Uber is targeting one million deliveries a day with Zipline by 2029. Enterprise leaders and small businesses alike are investing in drone delivery to unlock growth. [Read more…] about Zipline raises an unbelievable $1.5 billion to build nationwide drone delivery network

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