Funding supports plans for 40 new bases and continued scaling of suburban UAV delivery operations Manna Air Delivery has announced a $50 million Series B funding round to expand its drone delivery operations in the United States and Europe. The company says the new funding brings its total raised to $110 million and will support plans to launch up to 40 new operational bases … [Read more...] about Manna Raises $50M to Expand Drone Delivery Network in the U.S.
ARK Invest
Study Analyzes How Drones Could Take Off As Retail Delivery Vehicle
(Source: retailwire.com) If the FAA gives Amazon clearance for commercial rollout of its drone delivery service, the price a consumer would pay for the delivery of a five-pound package could be as low as $1.00, according to a study from the financial firm ARK Invest. Equally impressive, delivery times could drop below thirty minutes. The cost in fact would be lower and … [Read more...] about Study Analyzes How Drones Could Take Off As Retail Delivery Vehicle
