Walmart Invests in Drone Company After Ramping Up Deliveries

Walmart has invested in DroneUp, a drone services provider, as the retailer continues to increase its drone delivery services.

The investment comes after Walmart launched a drone delivery pilot last year to make deliveries, as its digital sales soared during the COVID-19 pandemic. Walmart delivered COVID-19 self-collection kits in the pilot, according to Drug Store News. 

“In our ongoing effort to get customers the items they want, and fast, we know it will take a well-coordinated network of delivery solutions that span the streets, sidewalks and skies,” John Furner, president and CEO of Walmart, said in a statement. “Some of these solutions are still emerging, but they’re already showing encouraging results.”

DroneUp is a company that operates on-demand drone delivery services, with a database of more than 10,000 Federal Aviation Administration-certified pilots. DroneUp was the first operator to use the FAA 107.39 waiver, which allows flights to be conducted over people and moving vehicles. Walmart has completed hundreds of successful drone deliveries since launching its pilot. 

Terms of the investment were not shared, though Walmart will work on scaling its drone delivery model with DroneUp. 

“Since partnering with DroneUp last year, we’ve valued their technological expertise, world-class operations and experienced management team--and their commitment to helping the FAA ensure the highest levels of safety with every delivery,” Furner said.

See the full story at Drug Store News