Dow 30 component Walmart Stores, Inc. (WMT) is teaming with Zipline to test its drone delivery testing, the future of on-demand delivery.
The testing to start early next year near Northwest Arkansas beginning with Walmart’s “select health and wellness products with the potential to expand to general merchandise. Zipline will operate from a Walmart store and can service a 50-mile radius, which is about the size of the state of Connecticut” confirmed Tom Ward, senior vice president of customer product at Walmart.
Zipline operating the world’s largest drone delivery network is well-known for delivering critical medical supplies in difficult terrain areas like Rwanda, the landlocked African country. The new inclusion will facilitate rapid delivery times of under an hour and also help curb carbon emissions.
Last week, the retailer began testing drone delivery with Flytrex for select groceries and essential items in Fayetteville, North Carolina.
Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites. To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page.
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