As i remind myself once a month while we wait for scale ,
Walmart has invested their own $$$$$ (rumored 200-300 mio USD) in DroneUp which are operating out of 35 stores (might be a few more now ?)
Zipline and Wing operate as of now out of 2-3 stores. These have been long term testing or small scale operations . No direct investment from Walmart in either company . They have announced that is expanding in the Dallas-Fort Worth metro area this year .
Anyway a massive opportunity and with the size of Walmart USA and then Canada , Mexico etc I alwasy expected there might be other drone companies doing different delivery verticals introduced and at the end of the day that means we introduce Halo to those providers and potentially their clients .
We also have to remember that DroneUp being a service provider no doubt will end up with other large clients requiring scale . Not just one being the worlds largest retailer . We also have to consider that this will over time expand into other unmanned vehicles be it sidewalk robotics , delivery vanes , cabs , warehouse robotics etc .Walmart had a total of 10,623 retail stores throughout the world as of January 31, 2023. Additionally, the company operated 380 distribution facilities.25 Sept 2023Which countries have Walmart stores?Markets where we operate:
- Africa.
- Canada.
- Central America.
- Chile.
- China.
- India.
- Mexico.
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As i remind myself once a month while we wait for scale ,Walmart...
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