Airbound Secures $1.7M to Make Drone Delivery Economically Viable Everywhere [Yahoo! Finance]
Guardant Health, Inc. (GH)
Last guardant health, inc. earnings: 2/24 04:03 pm
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Source: Yahoo! Finance
San Francisco, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Airbound , a drone technology startup, today announced a $1.7 million seed round led by Lightspeed to build the world's most efficient delivery drone. With its proprietary blended wing body tailsitter design, called TRT, Airbound aims to transform logistics, reducing delivery costs by two orders of magnitude compared to traditional options. The Airbound drone in action Historically, the drone delivery industry has faced challenges due to regulatory complexity and high per-mile costs, which have prevented drones from becoming the default solution for last-mile logistics. Airbound's TRT design will be the lightest, safest, and most economically viable delivery drone, reducing the cost of deliveries to just a few cents. “We are proud to have developed not only an industry-leading delivery drone, but also a highly efficient, scalable manufacturing process,” said Naman Pushp, Founder and CEO of Airbound . “We scrutinized every vehicle
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GH
Earnings
- 11/6/24 - Beat
GH
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 144
- 12/16/24 - Form 4
- GH's page on the SEC website