Flytrex is a drone delivery service that partners with restaurants and retailers to provide autonomous aerial deliveries directly to customers. As a drone-based delivery service, Flytrex uses certified drones to deliver goods, such as food, within a limited radius. The company has been actively working with the FAA to expand its operations and ensure safe integration of drone delivery into existing airspace. Flytrex has partnered with companies like Brinker International and El Pollo Loco and participates in the FAA's UAS Integration Pilot Program and BEYOND program.
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Flytrex has participated in the Federal Aviation Administration’s UAS Integration Pilot Program since 2018.
Flytrex's total funding has reached $20.3 million following this financing round, which follows their previous round in 2019.
Flytrex is in the final stages of receiving key certification from the Federal Aviation Administration to help launch drone delivery across the U.S.
Flytrex launched a system for delivering essential items to residents of Grand Forks, North Dakota during the COVID-19 pandemic.
In November 2020, Flytrex was included in the FAA's select list of drone companies set to receive airworthiness certification.
In September 2020, Flytrex announced a pilot project with Walmart to deliver selected grocery and household items from Walmart stores in Fayetteville, North Carolina using autonomous drones.
Flytrex was selected for the FAA’s initiative BEYOND to collaborate with various state transportation departments to address UAS integration challenges.
Flytrex closed an $8 million financing led by existing investors Benhamou Global Ventures and btov.
The funds from the financing will be used to expand Flytrex’s footprint across the U.S. and to enhance the company’s production and R&D capabilities.
Flytrex successfully launched the world’s first fully autonomous urban drone delivery system in Reykjavik, Iceland in 2017.
The financing complements a grant awarded to Flytrex by the Israel Innovation Authority totaling $9.3 million.
The FAA published airworthiness criteria notices in the Federal Register for 3D Robotics, Airobotics, Amazon, Flirtey, Flytrex, Matternet, Percepto, Telegrid, Wingcopter, and Zipline.