![\"\"](\"\/wp-content\/uploads\/Flytrex-Walmartedit.jpg\")
<\/figure><\/div>\n\n\n\nThe investment comes in the wake of several significant\nmilestones for the on-demand drone delivery company. In September 2020, a\nbenchmark pilot project between Flytrex and Walmart was announced to deliver\nselect grocery and household essential items from Walmart stores in\nFayetteville, North Carolina using Flytrex\u2019s autonomous drone delivery service.\nPreviously, Flytrex \u2013 in response to the COVID-19 pandemic \u2013 launched a system\ndelivering necessities to residents of Grand Forks, North Dakota, helping\naddress the growing health crisis by keeping citizens in the safety of their\nown homes and reducing crowding and unnecessary contact at local stores.<\/p>\n\n\n\n
“Our mission is to make widespread on-demand drone\ndelivery the rule rather than the exception \u2013 and this funding is a vote of\nconfidence from our investors that we are indeed on the way to making this a\nreality,” said Yariv Bash, CEO and Co-Founder of Flytrex. “Our\nsystems are in the final stages of receiving key certification from the Federal\nAviation Administration, helping us launch the drone delivery revolution across\nthe U.S.”<\/p>\n\n\n\n
Since successfully launching the world\u2019s first fully\nautonomous urban drone delivery system in Reykjavik, Iceland in 2017, Flytrex\nhas been helping drive regulatory advances aimed at getting drone delivery off\nthe ground. Flytrex has been participating in the Federal Aviation\nAdministration\u2019s UAS Integration Pilot Program (IPP) since 2018 and was most\nrecently selected for the FAA\u2019s subsequent initiative, BEYOND to work with the\nKansas Department of Transportation (KDOT) as well as the North Carolina\nDepartment of Transportation (NCDOT) and the North Dakota Department of\nTransportation (NDDOT) to help tackle the remaining challenges of UAS\nintegration. In November 2020, Flytrex was included in the FAA\u2019s select list of\nseveral drone companies set to gain airworthiness certification, a crucial step\nenabling the safe integration of drones into existing airspace.<\/p>\n\n\n\n
\u201cIt\u2019s been thrilling to watch Flytrex become a world leader\nin the drone delivery space with multiple airborne delivery systems around the\nworld,\u201d said Barak Ben Avinoam, Managing Partner at BGV Europe and Israel. \u201cThe\nFlytrex team is trailblazing both innovation and implementation in the drone\nindustry, and we look forward to seeing their airborne delivery reach more and\nmore delighted consumers across the globe.\u201d<\/p>\n\n\n\n
Flytrex\u2019s leading autonomous drone delivery systems are\ndisrupting areas from eCommerce to Mobility to Smart Cities and beyond. Setting\nnew stringent safety standards in conjunction with key regulatory bodies like\nthe FAA, Flytrex is helping shape the future of on-demand direct-to-consumer\naerial delivery.<\/p>\n","protected":false},"excerpt":{"rendered":"
Flytrex has announced the closing of an $8 million financing led by existing investors Benhamou Global Ventures (BGV) and btov. The financing complements a recently awarded grant from the Israel Innovation Authority for a total of $9.3 million. The funds will be used to expand Flytrex\u2019s footprint across the U.S. and to continue to scale-up […]<\/p>\n","protected":false},"author":3,"featured_media":18000,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[127],"tags":[],"class_list":["post-17999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-unmanned-systems"],"jetpack_featured_media_url":"https:\/\/stateaviationjournal.com\/wp-content\/uploads\/Flytrex-1edit-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/17999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=17999"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/17999\/revisions"}],"predecessor-version":[{"id":18002,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/17999\/revisions\/18002"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media\/18000"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=17999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=17999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=17999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}