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FedEx to test autonomous drone cargo delivery in 2023
FedEx founder Fred Smith to step down as CEO
FedEx founder Fred Smith to step down from CEO, says the company has ‘a rigorous succession plan.’
Elroy Air's autonomous, electric vertical take-off and landing (VTOL) drone will take to the skies for testing in 2023 as part of a partnership with shipping giant FedEx.
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Under the agreement, FedEx Express will test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations, moving shipments between sorting locations.
Chaparrall, which is capable of longer-range flights without the need for airports or charging stations, can autonomously pick up between 300 and 500 pounds of cargo and drop it off at destinations up to 300 miles away.