UPS SUBSIDIARY TO LAUNCH RESIDENTIAL DRONE DELIVERY

UPS(NYSE:UPS) and CVS Health Corporation (NYSE:CVS.N) recently announced UPS subsidiary UPS Flight Forward (UPSFF) will use drones to deliver prescription medicines from a CVS pharmacyto The Villages, Florida for the largest U.S. retirement community, home to more than 135,000 residents. The service will use Matternet’s M2 drone system.

“Our new drone delivery service will help CVS provide safe and efficient deliveries of medicines to this large retirement community,enabling residents to receive medications without leaving their homes,” said Scott Price, UPS chief strategy and transformation officer.“UPS is committed to playing its part in fighting the spread of Coronavirus, and this is another way we can support our healthcare customers and individuals with innovative solutions.”

UPS and CVS last year announced plans to jointly explore the use of drone delivery. The companies successfully completed their first drone deliveries of medical prescriptions from a CVS pharmacy in Cary, N.C. in November 2019.

The new service in The Villages in central Florida begins in early May under the Federal Aviation Administration’s Part 107 rules, with authority to operate through the pandemic and explore ongoing needs as they arise after that period. The operation could expand to include deliveries from two additional CVS pharmacies in the area.

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