Walmart (NYSE: WMT) is getting into the drone business. The company announced on Thursday that it was making an investment in DroneUp, a provider of drone services.
The announcement appeared on the company’s corporate blog in a post written by John Furner, CEO and president of Walmart U.S.
“Last year, we partnered with DroneUp, a nationwide drone services provider, to launch trial deliveries of at-home COVID-19 self-collection kits. The trial demonstrated we could offer customers delivery in...
The first commercial deliveries by drone from A2Z Drone Delivery in collaboration with DroneUp have been completed, the companies announced.
The first deliveries featured cans of Coca-Cola (NYSE: KO) with Coffee delivered to residents of Coffee County, Georgia. DroneUp managed the flights using A2Z’s Rapid Delivery System (RDS1). Walmart (NYSE: WMT) helped facilitate the deliveries.
The RDS1 features a tether that drops packages to their destination, reducing what DroneUp calls “time-on-station”...
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