UPS has announced a substantial investment in drone delivery technology as part of its efforts to modernize its logistics operations. The company aims to leverage drones for last-mile deliveries, particularly in rural and suburban areas where traditional delivery methods can be inefficient.
UPS is collaborating with drone technology companies and regulatory authorities to develop and test drone delivery systems that are safe, reliable, and scalable. The company believes that drone technology has the potential to revolutionize the delivery industry and improve customer satisfaction.