Mentioned:
DASH +2.07% AMZN +3.90%

DoorDash has a new ambition: drones.

What’s happening:

  • DoorDash (NASDAQ: DASH) has earned Part 135 carrier certification from the Federal Aviation Administration to launch their own drone delivery business known as DoorDash Air

Why it matters:

  • DoorDash has publicly stated that they are designing and building their drones entirely within DoorDash and that they will all be manufactured within the United States

Going deeper:

  • DoorDash Air will be integrated into DoorDash’s existing delivery network and will leverage their Autonomous Delivery Platform to route mid-range deliveries to drones
  • Part 135 carrier certification from the Federal Aviation Administration has only been granted to seven other drone companies in the United States which notably include Wing Aviation, UPS Flight Forward, Amazon (NASDAQ: AMZN), Zipline and others

The intrigue: