UPS and CVS will collaborate on prescription delivery services that uses drones -- the service will also deliver other household items. Additionally, UPS recently received FAA approval for a drone airline, which makes UPS the first company to receive this type of approval. Neither company has indicated when the drone prescription delivery service will be available to consumers.
There are currently other organizations that are launching similar drone delivery services. With increasing competition in this industry, a premium is placed on being first. As drone air space is limited the first organization to create an operational drone delivery service will have better access to air space.
UPS has previous experience in delivering medical items. The company partnered with WakeMed and delivered samples around the WakeMed campus.
Image Credit: UPS
Key Themes Behind This Trend
- Drone Delivery Services
- Disruptive innovation opportunity: Develop advanced drone technology to create an efficient and widespread delivery service.
- Competition in Drone Delivery
- Disruptive innovation opportunity: Find unique ways to differentiate and dominate in the growing market of drone delivery services.
- Access to Drone Air Space
- Disruptive innovation opportunity: Develop strategies to secure better access to limited drone air space for effective and profitable drone delivery operations.
Where This Applies
- Logistics and Delivery
- Disruptive innovation opportunity: Leverage drone technology to revolutionize the logistics and delivery industry by enabling faster and more convenient package transport.
- Pharmaceutical
- Disruptive innovation opportunity: Embrace drone delivery services as a secure and efficient method for prescription and medical item distribution.
- Technology and Aerospace
- Disruptive innovation opportunity: Pioneer advancements in drone technology and aerospace systems to enable safe and effective drone delivery operations.
