The Rise of the Delivery Drones: How Wing Plans to Deliver Millions of Packages by 2024
- May 1, 2023
Wing, a drone delivery company owned by Alphabet (the parent company of Google), is planning to launch millions of deliveries using its drone network by mid-2024.
They have a decentralized and automated system called the Wing Delivery Network, which is managed by logistics automation software that distributes hardware resources within a city or metro area. Their drones can do curb side pickup and work well with retail and restaurant operations.
Wing is planning to release parts of the network’s capabilities over the next year and showcase them in various new locations worldwide.
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RBF is increasingly becoming a key driver in the smart logistics sector. This model not only alleviates companies' financial pressures but also fosters innovation and market expansion.
The logistics industry is currently grappling with significant challenges, including business expansion, technology upgrades, and supply chain management. As companies strive to upgrade to smart logistics level, there is an urgent need for substantial financial support. One solution gaining traction is Revenue-Based Financing (RBF), which offers a flexible approach to cash flow management.