Urban Mobility
United Parcel Service Inc. said Friday it successfully used a drone to deliver medicine to an island near Boston, jumping into a race with competitors such as Amazon.com Inc. to test drone delivery inside the U.S. The delivery of an inhaler on Thursday was conducted in partnership with CyPhy Works, a drone maker in which UPS holds a stake. The
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Quanergy Systems, a Silicon Valley startup that makes light detection and ranging sensors LiDAR used in self-driving cars, has raised $90 million from investors, illustrating their growing interest in autonomous vehicle technology. The funding round, led by Sensata Technologies, also included investments from auto parts manufacturer Delphi Automotive , Samsung Ventures, Motus Ventures, and GP Capital. Quanergy’s post-funding valuation is $1.59
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Both Alphabet and Amazon have committed to developing autonomous drones that can deliver packages with minimal human oversight. As part of a White House initiative aimed at bolstering the drone industry, Alphabet’s Project Wing has announced that it will begin testing its delivery drones, or UAVs, at one of the six FAA-approved test sites here in the US. Development of
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