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Why AgEagle Stock Tanked 36% Today
Thursday, February 18, 2021 - 9:20pm | 273Read More...AgEagle Aerial Systems Inc (NYSE: UAVS) stock closed over 36% lower today. What Happened: Short seller Bonitas Research called the drone maker a “pump & dump scheme” in a report published on Thursday. Bonitas Research termed the partnership between Amazon.com, Inc (NASDAQ: AMZN...
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Amazon Fires Drone Delivery Staff In Dozens, Increasing Reliance On Partners To Meet Ambitious Goals: FT
Thursday, November 19, 2020 - 4:22am | 420Read More...Amazon.com, Inc (NASDAQ: AMZN) is retrenching workers engaged in research and development and manufacturing at its delivery drone project — instead, seeking external assistance in bringing its ambitious plans to fruition, the Financial Times reported Wednesday. What Happened:...
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Walmart Engages Zipline To Trial Drone Delivery Of Health, Wellness Products
Monday, September 14, 2020 - 3:15am | 305Read More...The race for drone delivery is intensifying — Walmart Inc (NYSE: WMT) announced Monday it's entering into a partnership with medical product delivery company Zipline. What Happened: Walmart claimed in a statement that it would be a first of its kind on-demand drone...
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Amazon Is One Step Closer To Package Delivery By Drone
Monday, August 31, 2020 - 3:24pm | 390Read More...When Amazon.com, Inc. (NASDAQ: AMZN) founder and CEO Jeff Bezos announced the future Prime Air service, he promised customers delivery by drone in less than 30 minutes. Amazon has discussed using drones for delivery since 2013, and 2018 was the original target date. What Happened: The Federal...
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Matternet Readies Cargo Drone For FAA tests
Wednesday, May 13, 2020 - 4:45pm | 599Read More...One of the country's largest small drone manufacturers is ready to begin durability and reliability testing of one of its cargo delivery units with the U.S. Federal Aviation Administration (FAA) this year. Mountain View, California-based Matternet announced Tuesday that the testing with the agency...
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How Feasible Are Drones For Last-Mile Delivery From A Regulatory Perspective?
Friday, March 13, 2020 - 9:55am | 819Read More...Expedited delivery has been the primary focal point of last-mile delivery networks of late, as ecommerce businesses rush to make ‘lightning-fast delivery promises' one of their prime differentiators from rival brands. The pressure to deliver quickly has led businesses to move their warehouses much...
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JD.com Makes Drone Deliveries In China As Covid-19 Virus Paralyzes Country
Wednesday, February 12, 2020 - 9:54am | 324Read More...Chinese Internet company JD.Com Inc (NASDAQ: JD) is using drones to deliver goods to customers in China at a time when the country is virtually shut down to prevent further spread of the Covid-19 coronavirus. Apart from mobilizing resources to provide immediate support for anti-virus fight, the...
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FAA Denies Requests To Extend Drone Remote ID Comment Period
Thursday, February 6, 2020 - 9:58am | 655Read More...The Federal Aviation Administration's drone remote identification rulemaking was years in the making, but the agency doesn't want to give industry and drone users extra time to comment on its proposal. The FAA issued its remote ID notice of proposed rulemaking in late December and gave the public...
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Is The Drone Industry Finally Ready To Take Off?
Friday, January 24, 2020 - 8:10am | 976Read More...When United Parcel Service, Inc. (NYSE: UPS) last October made its first medical delivery by drone, it may have finally begun what drone advocates have been touting for a decade — a new era when unmanned flights may become just as normal as those in aircraft with pilots. There are a couple of...
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CES 2020: EmbraerX, Elroy To Collaborate On Hybrid Cargo Drone
Thursday, January 9, 2020 - 9:00am | 306Read More...EmbraerX, a subsidiary of Brazilian aircraft maker Embraer, and drone startup Elroy Air have agreed to collaborate on developing Elroy's Chaparral, an unmanned, hybrid electric vertical takeoff and landing (VTOL) cargo aircraft. The announcement came Wednesday at CES 2020 in Las Vegas. The...
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Feds Release New AV Policy
Wednesday, January 8, 2020 - 5:15pm | 542Read More...The U.S. Department of Transportation has announced the latest federal guidance for automated vehicles aimed at integrating the technology into the nation's transportation system. AV 4.0 — Ensuring American Leadership in Automated Vehicle Technologies, a joint White House and U.S. Department of...
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Commentary: Drone Use By Ports To Increase In 2020
Monday, January 6, 2020 - 2:05pm | 770Read More...The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Until the advent of drones, helicopters were the only option for aerial tasks that required remaining stationary in midair or called for low-flying flexibility not...
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DOT Issues Long-Delayed Proposed Rule On Remote ID For Drones
Friday, December 27, 2019 - 9:01am | 598Read More...The U.S. Department of Transportation and the Federal Aviation Administration on Thursday finally issued a proposed rule requiring nearly all unmanned aircraft systems (UAS) operating in U.S. airspace to broadcast or transmit identification and location information while they are flying. The...
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Federal Aviation Administration Suggests Remote Tracking For Drones
Friday, December 27, 2019 - 12:02am | 346Read More...The U.S. aviation regulator has proposed a new rule to identify and track most drones in U.S airspace on Thursday, according to Reuters. What Happened The proposed regulation by the Federal Aviation Administration (FAA) would make remote tracking possible for almost all drones. And it would...
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DOT Delays Proposed Drone ID Rules A Fourth Time
Monday, December 23, 2019 - 12:26pm | 563Read More...The U.S. Department of Transportation has again postponed publishing the much anticipated proposed rulemaking on remote identification of unmanned aircraft systems (UAS) but hopes to do so before the end of the month. Friday, Dec. 20, was the most recently scheduled date of publication. Late that...
