Airbound Inks MoU With Andhra Drone Corp To Scale 5-Minute Aerial Delivery
Bengaluru startup Airbound, having raised $8.65M, partners with Andhra Pradesh Drone Corporation to build aerial logistics for medicines, lab samples and small parcels across Amaravati, Vijayawada and Guntur. Targets 10,000 flights daily next year at 20x lower cost.
Bengaluru drone startup Airbound signed an MoU with Andhra Pradesh Drone Corporation to build aerial logistics delivering medicines, lab samples and small parcels in five minutes, scaling to 10,000 flights daily across the Amaravati region for e-commerce and healthcare.
Why this matters
Reinforces Airbound's push into drone logistics with Andhra Pradesh, following multiple MoU announcements for a 10,000-flight-a-day delivery network spanning Amaravati, Vijayawada and Guntur.
Omni-channel activity holding steady at 447 signals over the past 90 days.