Wingcopter

Wingcopter raises $42M to expand beyond medical drone deliveries

Wingcopter drone delivery company office

A drone delivery company known for transporting medical supplies like blood and vaccines is hungry for a new direction.

Wingcopter, a drone delivery firm headquartered just outside of Frankfurt, Germany, on Tuesday announced a $42 million series A extension that will help the company transition beyond medical drone deliveries into categories like grocery.

The extension more than tripled Wingcopter’s total equity raise to over $60 million, and it attracted some interesting investors. The most...

https://www.freightwaves.com/news/wingcopter-raises-42m-to-expand-beyond-medical-drone-deliveries

Wingcopter to deploy 12,000 delivery drones across sub-Saharan Africa

Wingcopter medical delivery drone flying over Africa

Though it has its fair share of skeptics, drone delivery looks to be very much a part of the future of the final mile. And soon, it may face its biggest test yet.

German drone delivery firm Wingcopter announced this week a partnership with Continental Drones Ltd. to build a network of 12,000 Wingcopter 198 drones across Africa over the next five years. Once completed, the new service would become the largest commercial delivery drone deployment in the world.

“Together with Wingcopter, we are...

https://www.freightwaves.com/news/wingcopter-to-deploy-12000-delivery-drones-across-sub-saharan-africa

Wingcopter inks $16M deal with Spright for US medical drone deliveries

Wingcopter and Spright ink $16 million deal for medical drone delivery network

U.S. hospitals are in the midst of a massive shortage. Everything from latex gloves to lab testing equipment is in short supply at a time when demand is pushing the hospital system to its limit — as of Monday, nearly 80% of all U.S. inpatient hospital beds were in use, according to data from the U.S. Department of Health and Human Services.

With no end in sight to the COVID-19 pandemic and its resulting equipment shortages, can drones deliver? Wingcopter is betting that they can. The German...

https://www.freightwaves.com/news/wingcopter-inks-16m-deal-with-spright-for-us-medical-drone-deliveries

Wingcopter receives funding from Japan’s Drone Fund

Japan’s Drone Fund III has made an undisclosed investment in Wingcopter, the company announced Wednesday.

Drone Fund III is the third fund from Drone Fund, a venture capital company specializing in drone and air mobility-related startups. Wingcopter said the investment is the first for the fund in an electric vertical takeoff and landing (eVTOL) aircraft company.

“This investment comes at a time when we are intensifying our efforts on the Japanese market. We are convinced that the Drone Fund team...

https://www.freightwaves.com/news/wingcopter-receives-funding-from-japans-drone-fund

Skycart ups ante with 4-drop delivery drone

Skycart releases 4 drop delivery drone

Less than a month after Wingcopter introduced the world’s first triple-drop capable drone delivery system, San Francisco-area Skycart has gone a step further, announcing a drone capable of making four deliveries in a single flight.

The Skycart Nimbus can deliver by line, parachute or ground delivery. It has self-balancing technology that ensures the drone stays stable through flight as deliveries are made.

“The Skycart Nimbus is crucial to saving lives because it bridges communities to major...

https://www.freightwaves.com/news/skycart-ups-ante-with-4-drop-delivery-drone

DroneWaves: How close is drone delivery to a last-mile solution?

This fireside chat recap is from FreightWaves’ DroneWaves Summit on Friday.

FIRESIDE CHAT TOPIC: Drone Delivery: How close are we? 

DETAILS: In this session, Matt Stubbs, FreightWaves’ director of PR, talks with Wingcopter’s Bill Wimberley about developments in drone capabilities, safety and perception problems and how close we are to drones as a last-mile solution for delivery.

SPEAKERS: Wimberley is the head of business development at Wingcopter.

BIO: Wimberley is a serial entrepreneur and...

https://www.freightwaves.com/news/dronewaves-how-close-is-drone-delivery-to-a-last-mile-solution

Wingcopter launches triple-drop delivery drone

Wingcopter, a Germany-based developer and manufacturer of unmanned aircraft systems, has introduced the Wingcopter 198, a first-of-its-kind, all-electric, vertical-takeoff-and-landing, fixed-wing drone that can make three deliveries per flight. 

“We applied the many years of experience with the Wingcopter 178, the model that literally enabled us to take off as a company, and applied it to the development of the Wingcopter 198, optimizing every design aspect for ease of use, efficiency and...

https://www.freightwaves.com/news/wingcopter-launches-triple-drop-delivery-drone

Is the market becoming more stable? — Midday Market Update

MMU 11/24

How contract and spot rates are competing for dominance

Headlines

UPS announced Monday it was waving the white flag on its LTL division, selling UPS Freight to TFI International for $800 million. The deal reached unanimous approval from both company’s boards and will close sometime in the second quarter of 2021. 

A roller-coaster year came to a close on a high note for Georgia ports and the Georgia Ports Authority has increased its movement of twenty-foot equivalent units by 1.8% from 2019 to...

https://www.freightwaves.com/news/is-the-market-becoming-more-stable-midday-market-update

Drone manufacturer Wingcopter secures $22M, plans to expand COVID-19 delivery pilots

Wingcopter raises $22 million to build drones

Wingcopter, a developer and manufacturer of unmanned delivery drones, has secured $22 million in Series A funding. The company said the money will be used to help it scale its health care-related applications, including COVID-19 vaccines.

“Our team is driven by tackling the world’s challenges through scalable innovations. This chapter of our journey is dedicated to setting up logistical highways in the sky that leapfrog traditional means of transportation,” Tom Plümmer, CEO, said in a statement....

https://www.freightwaves.com/news/drone-manufacturer-wingcopter-secures-22m-plans-to-expand-covid-19-delivery-pilots

Buffalo Wild Wings to be flown by drone

A Mobile, Alabama franchisee of a Buffalo Wild Wings restaurant wants to deliver food to nearby customers’ doors by drone.

To test the service, Brian Jordan of Potters Wings Mobile partnered with Deuce Drone. The two companies plan to begin local food deliveries by drone in late August.

“Partnering with Deuce Drone will give us the opportunity to test new ways to evolve and meet the takeout needs of customers through drone technology,” Jordan said in a statement.

Deuce Drone will be responsible...

https://www.freightwaves.com/news/buffalo-wild-wings-to-be-flown-by-drone