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Elroy Air eyes Nasdaq debut with $1 billion valuation

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Autonomous cargo drone maker Elroy Air is preparing for its next big chapter. The California-based company has announced plans to go public through a merger with a special purpose acquisition company (SPAC), giving it the funding needed to ramp up production of its heavy-lift Chaparral drone for both military and commercial customers.

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Matternet goes public as drone delivery momentum builds

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Wall Street just got its first real chance to bet directly on drone delivery. Matternet, a company that has spent more than a decade building delivery drones and flying thousands of commercial missions, has raised $33 million in fresh funding while becoming the first publicly reporting company focused exclusively on drone delivery. The announcement comes as industry leaders increasingly argue that widespread drone deliveries are moving from experiment to reality.

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Matternet expands drone delivery range with Amprius battery tech

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As drone delivery companies race to expand across American cities, one thing is becoming increasingly clear: better batteries may matter just as much as better drones. That’s the idea behind a new partnership between Matternet and Amprius Technologies, which aims to improve the range, efficiency, and economics of autonomous aerial delivery using advanced silicon-anode battery cells.

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Zipline eyes Houston, Phoenix after 2 million drone deliveries

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Drone delivery is no longer something you explain; it’s something you schedule. Zipline says it has now completed more than 2 million commercial deliveries, raised over $600 million in new funding, and reached a $7.6 billion valuation, as it prepares to expand its autonomous delivery service to Houston and Phoenix in early 2026, with more US metros to follow later in the year.

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Walmart’s drone delivery service is about to hit your neighborhood

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Alphabet-owned Wing and Walmart have announced plans to expand drone delivery to 150 additional Walmart stores over the next year, setting the stage for what they’re calling the largest residential drone delivery network in the world. Once fully built out, the partnership aims to reach more than 40 million Americans, with over 270 drone-enabled Walmart locations by 2027, spanning from coast to coast.

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Amazon drone crash reignites safety, regulation questions

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The Federal Aviation Administration (FAA) and National Transportation Safety Board (NTSB) have launched investigations after two Amazon Prime Air drones crashed into a construction crane in Arizona this week — an accident that briefly grounded the company’s ambitious drone delivery program before operations resumed Friday.

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