Wing invests $125 million in US aircraft manufacturing as it plans nationwide expansion
Drone delivery company Wing is investing USD 125 million in building its next-generation aircraft in the United States. By 2027 it aims to reach over 40 million Americans across nearly 20 US markets.
Wing, a drone delivery company, has announced a USD 125 million investment to build its next-generation unmanned aircraft in the United States. The move is meant to support the company's expansion across the country.
According to the company's plans, by 2027 its delivery service would reach more than 40 million Americans, operating in nearly 20 US markets.
Where the money will go
The funding will be directed to several areas: research and development and engineering capabilities in California, the communities where Wing operates, and its newest manufacturing facility in Fort Worth, Texas. The facility covers 15,000 square feet.
New jobs
At the Fort Worth site, Wing is creating up to 100 new manufacturing jobs. The company says these will provide the capacity to build "tens of thousands" of aircraft each year.
The drones are used to deliver goods, and the company links the investment to plans to make its service available to a much wider share of the US population.
