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Drone delivery company Zipline doubles in valuation to $2.75bn

July 1, 2021

Via: Charged
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Zipline, the world’s biggest drone delivery company operating at large-scale, has doubled in valuation to $2.75 billion.

The US-based drone operator was founded in 2014 and has found great success in Africa, completing over 150,000 missions in the last five years delivering supplies to hospitals such as blood, medicines and vaccines.

It counts Walmart and Pfizer as two of its public backers, with the former expanding its partnership with the drone operator earlier this year.

Zipline’s chief executive Keller Rinaudo said the company had tripled its bookings goal last year as there was a global shortage in medical supplies during the pandemic.

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