I agree and wonder if they are hoping to get just far enough along to get bought out for a relatively large sum buy one of the big players?
Quite possible but I’m thinking about what would make a start-up attractive in terms of being a takeover target. They would need to have successfully navigated the Approval process and probably also have secured exclusive access to territories – not to mention having built up a loyal customer base.
Otherwise, the big fish would simply set up in opposition – no need to spend money buying out a much smaller entity. They would simply do what big fish usually do to kill off their smaller competitors.
And again most of this is still essentially theoretical except for a recent development involving the legislative approval for a Drone Delivery company called Flirtey to set up operation in the City of Reno. There may be others – I’m not sure.
A couple of excerpts taken from an article posted on the City of Reno website follow:-
“Flirtey received BVLOS approval with its next-generation drone, which was specially designed to carry heavier payloads for longer distances, allowing Flirtey to deliver Automated External Defibrillators (AEDs) and commercial packages.”
“As one of just 10 selected governments for the highly-competitive program, the City of Reno chose Flirtey as its partner to deliver AEDs for the immediate treatment of a person experiencing cardiac arrest, and to pioneer a scalable model for commercial drone delivery.”
Latest News | City of Reno
I have spent time researching this topic but have yet to see anything offering credible evidence that mainstream retail applications such as Fast Food Drone Delivery in suburban locations are going to become commercial reality in the short to medium term.