Walmart Makes Strategic Investment in DroneUp
DroneUp to Bring Affordable Same-Day Delivery to Your Doorstep
Walmart has made a strategic investment and signed a drone services contract with DroneUp®.
Walmart’s investment will provide DroneUp with the resources to continue developing a scalable last-mile delivery solution. DroneUp will begin drone deliveries, soon, starting with the first drone operation in Bentonville, Arkansas.
The Walmart investment enables DroneUp to:
Build onto a robust tech stack of flight and logistics systems
Partner with world-class drone manufacturers
Continue to hire leading industry experts
Make strategic acquisitions
Walmart and DroneUp are uniquely positioned to succeed in the next chapter of last-mile delivery. With DroneUp’s UAS industry expertise and Walmart’s vast network, we can unlock affordable rapid delivery and nationwide drone flight services.
The announcement can be read on Walmart’s Corporate Blog.