Flying cars set for slow takeoff, rapid ascent

Urban air mobility market outlook

Henry Ford, who famously predicted in 1940 that a combination airplane and car was coming for the average person, might not have been right at the time, nor were the thousands that followed with predictions of flying cars in the decades ahead. But those same predictions are slowly becoming true. By 2040, famed flying-car commuter George Jetson may have his choice of rides. 

Yes, the flying car has (almost) arrived.

Investors hoping to jump into the urban air mobility (UAM) market may be turned...

https://www.freightwaves.com/news/flying-cars-set-for-slow-takeoff-rapid-ascent

Drone delivery provider Flytrex lands $9M to scale US operations

Flytrex lands $9 million in funding

Flytrex, which is conducting a drone delivery pilot in North Carolina with Walmart (NYSE: WMT), has secured $9.3 million in additional funding to expand its operations and finalize Federal Aviation Administration (FAA) certification for drone deliveries.

Total funding for the company is now $20.3 million after it received $3 million in a Series A on Jan. 3, 2017, and an additional $8 million in a Series B on Jan. 8, 2019, according to Crunchbase. The latest round includes $8 million led by...

https://s29755.pcdn.co/news/drone-delivery-provider-flytrex-lands-9m-to-scale-us-operations

Flirtey firing up production, taking preorders for delivery drone

Flirtey, the first company in the U.S. to conduct a Federal Aviation Administration-approved drone delivery back in 2015, announced it is ready to ramp up production of its drone delivery system and is now taking preorders.

The Flirtey Eagle is part of the overall technology package the company offers, which includes the Flirtey Portal and autonomous software platform. The company is seeking FAA certification for its last-mile delivery drone system.

“Flirtey is certifying and expanding U.S....

https://www.freightwaves.com/news/flirtey-firing-up-production-taking-preorders-for-delivery-drone

If drones can deliver Starbucks, what’s taking so long for packages?

Walmart and Flytrex testing drone delivery

If you live in Fayetteville, North Carolina, you can now have Starbucks delivered — not quite in your backyard yet, but soon perhaps.

An Israeli drone company, Flytrex, has been testing drone delivery in North Carolina, delivering items from restaurants in the Holly Springs Towne Center to a pickup location within a five-minute drone flight. Starbucks, Dairy Queen Blizzards, pastries and light meals are among the menu items.

“It’s more gentle than most human couriers,” Yariv Bash, co-founder and...

https://s29755.pcdn.co/news/if-drones-can-deliver-starbucks-whats-taking-so-long-for-packages?