company
San Francisco-based drone delivery company operating autonomous aircraft that transport medical supplies, retail goods, and food orders for partners worldwide.
Prime Air will add five states and six times the coverage by year-end. Its own delivery target, its accident file and a December permit decision in England are the harder numbers.
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Bloomberg reports Zipline is in early talks for about $1bn at roughly $20bn, with Paradigm, a shareholder since March, in line to lead. That is 2.6 times the $7.6bn its Series H set in January.
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Two model-vendor partnerships worth $250m came first. Now the world's largest global health philanthropy is putting $1bn over two years into AI for health, education and farming in systems that lost thousands of clinics last year.
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Spark Capital led a $120 million Series A at a $1 billion post-money valuation, putting TAR at $880 million before the cash arrived. The round discloses no contracted megawatts and no other investors.
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Elroy Air flew spare parts and water jugs out of a busy Louisiana rotorcraft field while controllers sequenced it among crewed traffic, which is a harder thing to arrange than the aircraft, and the FAA administrator put his name to it.
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Amazon says drone delivery reaches nearly 500 US cities and towns by end-2026, from 11 sites today. Uber and DoorDash are now committing too, on volumes that remain rounding errors.
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The sixfold expansion moves drone delivery out of pilot mode. It does not move the payload limit, the 7.5-mile radius, or three open crash investigations.
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Zipline lowers cargo on a line from a drone hovering 260 feet up, and says its network has flown more than 130 million autonomous miles. Last-mile planners now have something to price against.
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The Zipline partnership repeats the robotaxi playbook: invest in every provider, build none of them. The stated target of a million deliveries a day by the end of 2029 is the testable part.
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