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The Village is home toresidents. These drones can carry parcels weighing 5 lbs.
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You can see one floating in mid-air here: In short, the service allows residents to grab medications without ever leaving their homes. But dropping off antibiotics and aspirin is only the first step.
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If you remember, Amazon founder Jeff Bezos shocked the world on 60 Minutes in He hinted that within five years, buzzing drones would be crisscrossing the sky with Amazon parcels. Seven years later, the skies are still empty.
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So what gives? Drone technology has exploded in the past few years.
It manages up to drone flights per day, transporting vaccines to 2, hospitals across the country. But US government red tape has essentially regulated drone deliveries out of existence.
This makes it impossible to launch a service that could deliver tens of thousands of parcels every day. Trends that would have taken a decade to unfold are being shoved into a few months.
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And the FAA recently handed it a license to run aerial deliveries in Virginia. For example, Mockingbird Cafe used Wing drones to deliver pastries to residents stuck at home: UPS is also using drones to combat the coronavirus.
This is HUGE. Think about the millions of vulnerable Americans that regularly drive to the pharmacy to collect prescriptions. Few of them are going out right now.
Drones will make it possible to deliver things that have never been delivered before. They allowed restaurants to reach thousands of new customers for the first time.
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This transformed Chipotle CMG into a superstar stock. As its drones fly from the store to their destination within minutes, ice cream is still frozen, and coffee still piping hot.
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Drones will also be a boon for companies that have stores dotted across Bitcoin etf nasdaq Walmart. Ninety percent of the US population lives within 10 miles of one of its stores.
So Walmart could soon have the ability to deliver parcels under, say, 10 pounds by bitcoin etf nasdaq. And it would be on your doorstep within 30 minutes of clicking the order button.
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