Urgent.News

What's breaking now, across thousands of outlets.

Business

Uber, Zipline partner on US drone delivery for Uber Eats

Uber, Zipline partner on US drone delivery for Uber Eats

Uber Technologies and Zipline have announced a collaboration to introduce autonomous drone delivery for Uber Eats across the United States. The partnership comes with a strategic investment from Uber in the drone delivery company. The goal is to achieve 1 million drone deliveries per day by the end of 2029, starting with deliveries later this year.

The service will initially launch in Zipline’s existing U.S. markets, eventually expanding to dozens of other cities. Uber has not disclosed the specifics of their financial investment in Zipline. Zipline, operating on four continents, has already completed 2 million deliveries. The company was recently valued at $7.6 billion following a $800 million fundraising round earlier this year.

This deal echoes Uber’s previous partnership with drone firm Flytrex last year, which also involved an investment. Zipline has been broadening its U.S. presence, partnering with commercial entities such as Walmart and numerous restaurant brands including Panera, Chipotle, and Wendy's.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at investing.com →

More in Business

FingerMotion Names Chris Polimeni CFO

(RTTNews) - FingerMotion, Inc. (FNGR), a mobile data and telecommunications services company, on Monday announced the appointment of Chris Polimeni as Chief Financial Officer, effective August 17…

More from Monday 17 August →