Zipline Raises $1.5 Billion to Expand U.S. Drone Delivery
Zipline plans to use the reported funding to grow its U.S. manufacturing capacity and build a nationwide drone-delivery network.
FlyMarshall Newsroom1 min read
Photo: Aviation Week
Zipline raised $1.5 billion, with plans to expand its U.S. manufacturing facilities and develop a drone-delivery network across the country.
Key details
- Reported post-fundraise valuation: $21.5 billion.
- Planned investment areas include U.S. manufacturing facilities and a nationwide drone-delivery network.
Zipline raised $1.5 billion, according to reporting cited in the funding details.
Why it matters
Expanded manufacturing capacity would support Zipline’s plans to grow its delivery operation in the United States. A nationwide network would extend drone delivery beyond the locations it currently serves.
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