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Robotics Firm AutoStore Plans IPO at $10 Billion Value

AutoStore is weighing an initial public offering that could value the Norwegian warehouse robotics company at more than $10 billion, according to people familiar with the matter.

June 29, 2021

FedEx to Test Nuro Autonomous Delivery Vehicles

STATEN ISLAND, N.Y. — FedEx Corp. announced June 15 that it has partnered with Nuro, one of the nation’s leading autonomous vehicle companies, to test the use of driverless vehicles for multistop and appointment-based deliveries in Houston.

June 18, 2021

Electric Plane Pioneer Pivots to Cargo Drones

The man behind the only electric plane cleared to fly quickly discovered the challenges of converting world-leading technology into profits in a hotly contested, futuristic segment of aviation.

June 17, 2021

Drone Demo Offers a Taste of the Future of Delivery

A Deuce Drone flew some smoothies to waiting consumers June 1 in Mobile, Ala., but the real payload might have been a peek at the legislative support that drone delivery startups need in order to get off the ground.

June 2, 2021

Likely Growth in Drone Deliveries Prompts NTSB to Expand Its Purview

The expected increase in commercial drone operations such as delivery flights is prompting accident investigators to expand the types of aviation crashes they plan to review.

May 20, 2021

Forklift Driving Becomes Desk Job in Phantom-Mitsubishi Deal

Phantom Auto, a California-based startup focusing on remote vehicle operation, has struck a deal to provide logistics equipment heavyweight Mitsubishi Logisnext Co. with software that enables forklifts to be operated remotely from thousands of miles away.

May 13, 2021

Drone Startup Manna Raises Cash for US Expansion

Manna has raised $25 million to expand its drone fleet’s operations, including the addition of delivery services for prescription medical supplies and an initial expansion into the U.S.

April 30, 2021

UPS Orders Electric Aircraft to Transport Cargo Between Facilities

UPS Inc. is ordering 10 electric aircraft that are designed to take off and land like a helicopter, allowing it to fly cargo directly between its facilities in small markets and bypass airports.

April 7, 2021

Volvo, Aurora Pair for Autonomous Trucking Service

Volvo Group will partner with Aurora Innovation Inc. to develop and commercialize autonomous Class 8 trucks in North America.

March 30, 2021