drone

Amazon (NASDAQ: AMZN) on Wednesday announced that it has secured a patent for drone technology that can be paired directly with delivery vans. The system, if it comes to fruition, could enable Amazon to optimize its last-mile delivery services by outsourcing much of the work to its automated drones...

The supply chain fantasy is the ability to deliver directly to every person anywhere in the world. Drone manufacturer Zipline wants to make that dream a reality and Thursday announced its $250 million in new funding led by Baillie Gifford with participation from past investors Temasek and Katalyst...

Just one month after announcing it would begin drone delivery service in Centerville, Ohio, grocery chain Kroger (NYSE: KR) officially kicked off the service on Wednesday, according to a report in the Journal-News. The drone service, provided by Drone Express, a division of Telegrid Technologies,...

Following the release of positive public feedback for drone delivery in Christiansburg, Virginia, Alphabet's (NASDAQ: GOOGL) drone division, Wing Aviation, is requesting federal approval to operate drone flights from a remote location. According to a petition published in the Federal Register on...

Wingcopter, a Germany-based developer and manufacturer of unmanned aircraft systems, has introduced the Wingcopter 198, a first-of-its-kind, all-electric, vertical-takeoff-and-landing, fixed-wing drone that can make three deliveries per flight.  "We applied the many years of experience with the...

A Workhorse Group Inc (NASDAQ: WKHS) spokesperson told Benzinga that a Friday rumor circulating among traders is not confirmation of approval for its new HorseFly drone product.  What Happened: Shares of Workhorse hit an intraday high of $14.30 Friday morning after investors and traders...

Ark Funds held its annual Big Ideas event recently and shared 15 themes to watch for 2021 and the future. Ark ETFs include the Ark Innovation ETF (NYSE: ARKK), Ark Next Generation Internet ETF (NYSE: ARKW), Ark Genomic Revolution ETF (BATS: ARKG), Ark Fintech Innotvation ETF (NYSE: ARKF) and Ark...

DB Digital Ventures, the venture capital arm of German train operator Deutsche Bahn, has announced an investment in Skyports, a U.K.-based drone technology startup that is taking the aerial route to transport people and cargo. DB Digital Ventures is a pan-global venture capital firm that invests...

Amazon.com, Inc. (NASDAQ: AMZN) Prime Air vice president Gur Kimchi held an audience of clean technology and environmental policy experts spellbound as he laid out the company's futuristic vision of unmanned aerial vehicles (UAVs) darting around the sky delivering packages to consumers in 30...

At the beginning of last December, the United States became a net exporter of oil for the first time in 75 years. This phenomenon occurred on the heels of the United States becoming a net exporter of natural gas in 2017. Long gone is the talk of peak oil of the early 2000s, which for now seems like...

Oil prices soared Monday in reaction to a drone attack on Saudi Arabian oil facilities, but most of the gains were short-lived: WTI and Brent crude prices were each down more than 5% Tuesday. What Happened The price of oil surged the most on record Monday after a drone attack on...

Saudi Arabia suffered a drone strike at its Abqaiq crude oil processing facility over the weekend, which happens to be the "most critical" piece of infrastructure in the country. The price of Brent crude and WTI oil traded higher by around 10% Monday morning. What Happened The Abqaiq...

Hangar, a software company that specializes in autonomous data capture using drone technology, was co-founded by Colin Guinn. Guinn may be best known for being the first person to fly a drone in Congress and is synonymous with drones in international media. The company's other co-founder,...

U.S. stocks inched higher on Wednesday as the Dow and S&P 500 closed the day at record highs and investors and traders were dealt a heavy flow of economic data. According to U.S. data, durable goods rose in October while unemployment benefits also rose last week. Personal income and...