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Apr 22, 2021

UPS agrees to buy electric vertical aircraft to speed up package delivery in small markets

Posted by in categories: biotech/medical, business, drones

United Parcel Service is taking package delivery to new heights, literally, with the purchase of 10 electric vertical takeoff and landing aircraft from Beta Technologies.

In an announcement Wednesday, Atlanta-based UPS said it will test the eVTOLs for use in its Express Air delivery network, focusing on small and medium markets. The company will operate the eVTOLs under its Flight Forward division, which is also exploring drone delivery.

The new type of aircraft, which looks like a cross between a plane and a helicopter, “unlocks new business models that don’t exist today,” Bala Ganesh, vice president of the UPS Advanced Technology Group, told CNBC. “For example, you can see a future where it’s carrying, let’s say 1000 pounds, 1500 pounds to rural hospitals,” and landing on a helipad instead of an airport.

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