Medical products are being delivered by drone in many countries
A FEW YEARS ago Jeff Bezos made a prediction. By 2018 his e-commerce empire, Amazon, would be delivering items by drone. Prime Air has yet to launch. But startups are making progress—mostly in health care, where they are vying to tap into a lucrative, $70bn global market in health-care logistics. As they deal with regulators and investors, these firms are charting the course for other aerial deliveries.
Like most fast-growing startups, drone firms are coy about profitability but say they are generating revenue. Investors look convinced. On May 17th Zipline announced $190m in new financing, which values it at $1.2 billion. It and its competitors see lucrative opportunities. For one thing, medical parcels are lightweight but valuable, so drone costs would make up a relatively small portion of the final bill.
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