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Uber invests in Flytrex to scale drone delivery
Yahoo Financeยท 2025-09-18 10:06
Core Insights - Uber has invested in Flytrex to launch drone delivery through Uber Eats, marking its first investment and partnership with a drone delivery provider [6] - The scale of the investment in Flytrex was not disclosed, but the partnership aims to create a multimodal delivery network that includes drones, sidewalk robots, and other delivery methods [6] Company Developments - Flytrex has completed over 200,000 meal deliveries in the past three years and operates in limited markets in the U.S., including parts of North Carolina and Texas [3] - The partnership with Uber will allow Flytrex to accelerate the development and deployment of drone delivery services [3][4] Strategic Goals - The collaboration aims to build infrastructure for a future where autonomous systems can efficiently move goods, enhancing delivery speed, safety, and sustainability [4] - Uber Eats plans to pilot drone delivery in various U.S. markets by the end of the year, expanding its delivery capabilities beyond traditional methods [6]