DroneUp, a Walmart – backed startup competing alongside Amazon and others in the nascent drone delivery market, is cutting jobs across the company, CNBC has learned. Continue reading
Category Archives: Transport
DroneUp, Wonder Robotics Collaborate on Delivery Operations
DroneUp, an autonomous drone delivery provider, and Wonder Robotics, an Israeli startup for autonomous solutions for drones and eVTOLs, completed a successful initial operational evaluation on DroneUp’s drone platform to achieve a higher level of autonomy and safety. Continue reading
European Investment Bank Provides €40M for Wingcopter to Scale Up Drone Delivery Services
The European Investment Bank (EIB) will provide a €40 million (USD 44 M) quasi-equity investment into Wingcopter GmbH, a European pioneer in unmanned delivery drone technology and related services. Continue reading
Toyota Unit Funds Japanese Startup for ‘Flying Minitruck’ Drone
Toyota Motor-affiliated supplier Jtekt has funded a venture developing a drone for airlifting cargo to hard-to-reach areas and disaster sites. Continue reading
Drone Delivery Startup Zipline Boosts Valuation to $4.2 Billion
Skyports Drone Services Introduces Cash-to-Master Drone Deliveries in Singapore and Korea
Skyports Drone Services has announced the addition of Cash-to-Master (CTM) services to its repertoire of ship-to-shore services. Continue reading
SURVICE-Malloy Awarded US Navy Contract to Produce Unmanned TRV Aircraft
SURVICE Engineering, partnered with Malloy Aeronautics, has been awarded a production contract with the US Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program Office (PMA-263) to produce around 200 Tactical Resupply Vehicle (TRV) aircraft. Continue reading
Former F1 Technical Director Launches Cargo UAV eVTOL Programme
Specialist consultancy company MGI Engineering has launched its cargo UAV technology demonstrator programme. MGI CEO and Founder Mike Gascoyne officially unveiled its fully functional technology demonstrator at the eVTOL Insights’ London Conference on Wednesday 19 April 2023. Continue reading