Zipline reaches $21.5 billion valuation as Walmart expands drone delivery
The Walmart agreement would expand the companies' U.S. drone delivery footprint from their current 21 active sites by adding 300 more.
• Zipline raised $1.5 billion and is now valued at $21.5 billion.
• Walmart and Zipline agreed to add 300 U.S. drone delivery sites; they currently operate 21 together.
• Zipline plans to expand U.S. manufacturing and hiring for a nationwide drone delivery network.
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