International shipping giant DHL is ceasing development of its Parcelcopter delivery drones, according to a Monday report in German publication WELT. That halts the company’s nearly decadelong quest to become a leader in the emerging drone industry.
”We are not continuing the Parcelcopter project,” Alexander Edenhofer, a DHL spokesman, told Benedikt Fuest of WELT. According to Fuest, the company (OCTUS: DPSGY) also said it will cease its pilot program with German manufacturer Wingcopter, through...
https://www.freightwaves.com/news/dhl-pulling-its-parcelcopter-drone-ceasing-drone-development