Giant cargo drones will deliver packages farther and faster

Giant cargo drones will deliver packages farther and faster

Cargo drones are an emerging delivery technology that range in sizes from single item delivery capacities to plane-sized drones.

Key findings

"Cargo drones offer similar benefits of speed and a reduced carbon footprint but on a much larger scale. Instead of sending truckloads of goods on a set schedule, cargo-carrying drones can ship fewer items more often but with less of an impact."

"Elroy Air’s autonomous Chaparral system is hoping to be used for medical supply delivery, disaster response, and remote military missions. But the company also sees potential in partnering with FedEx, DHL, or UPS for package deliveries."

"Morgan Stanley estimates that autonomous urban aircraft could become a $1.5 trillion industry by 2040."

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