7 As of September 2023, its drones have made more than 750,000 commercial. The company operates distribution centers in Rwanda, Ghana, 3 Japan, 4 5 the United States, Nigeria, Cote d'Ivoire, 6 and Kenya. The specific date for Zipline’s IPO remains. Nevertheless, as of July 2023, the stock price for Zipline is not public because the company has not yet undergone an initial public offering (IPO). These are the kind of things you cant stock in. However, it also comes with four propellers that allow the vehicle to hover in mid-air and engage in vertical takeoff and. Later that year, it signed a deal with Walmart to deliver health and wellness supplies to customers near the retailer's headquarters in northwest Arkansas. is an American company that designs, manufactures, and operates delivery drones. The stock price for Zipline, a prominent drone delivery company, is a subject of great interest for both investors and technology enthusiasts alike. Zipline technicians prepare the Zipline drone for launch at the companys headquarters in Muhanga, Rwanda. Like Zipline’s previous drone version, the P2 is a fixed-wing aircraft. In 2020, it teamed up with Novant Health to ferry personal protective gear and other types of medical equipment to frontline healthcare workers tending to COVID-19 patients in North Carolina. Zipline intends to add more centers over the next five years, though, so it can eventually expand beyond Salt Lake Valley and deliver medicine throughout Utah.Īs TechCrunch notes, Zipline has long been deploying drones for delivery in Africa, and it wasn't until the pandemic that it started doing drops in the US. For now, it can only do drops for local communities within several miles of its distribution center. The company has started doing drone deliveries to select Intermountain Healthcare patients in the Salt Lake Valley area. With the drone industry stacking billions of dollars annually and consumer demand for services expanding, investors may want to know the. Zipline has teamed up with a healthcare provider servicing the Intermountain Region in the US to deliver medicine to customers using its drones.
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