17.06.2021 16:52:09

Walmart Invests In Drone Delivery Company DroneUp

(RTTNews) - Walmart (WMT) has invested in drone delivery company DroneUp, with operations set to begin at a Bentonville store in the coming months.

Last year, the U.S. retail giant partnered with DroneUp to launch trial deliveries of at-home COVID-19 self-collection kits.

Now, after safely completing hundreds of drone deliveries from Walmart stores, the retailer is making an investment in DroneUp to continue its work towards developing a scalable last mile delivery solution, Walmart said in a statement on Thursday.

In April, Walmart announced a similar investment in Cruise, an all-electric autonomous vehicle company.

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