“In the last several months we have seen significant and growing interest in our vehicle-launched HorseFly delivery drone, making the need to expand the HorseFly patent portfolio even more critical,” said Workhorse CEO Duane Hughes. The HorseFly was designed to deliver what represents approximately 80% of most commercial package sizes, shapes, and weights while safely carrying a five-pound payload up to 10 miles. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment. The purpose of the JV is centered around the sharing and advancement of technology and IP related to the development of unmanned aerial systems (UAS).
“No one wants hundreds of annoying gnats flying over their homes every day,” Graber said. Truck-drone integration is a “theoretical selling point,” said Michael Ramsey, a vice president and analyst in Gartner’s CIO Research Group.
Defense contractor Moog Inc. paid Workhorse $4 million in December 2019.
Moog (NYSE:MOG.A) became a joint venture technology partner to help development. Workhorse Sells SureFly And HorseFly To Moog Inc. --- Duane Hughes, Workhorse Group CEO Press Release 2017 Workhorse/UPS Drone Package Delivery Video .
With its composite body electric delivery vans in early production, the company’s aircraft business is closer to taking off. In the second completed transaction, Workhouse and Moog entered into a Joint Venture (JV) related to Workhorse’s HorseFly “last mile delivery” Aerial System. Click the "CC" button in the bottom right to activate while programming is live. All Workhorse vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment. “I see drone package delivery from warehouse to doorstep to be absolutely absurd,” Ellis said.
Alan Adler is a Detroit-based award-winning journalist who worked for The Associated Press, the Detroit Free Press and most recently as Detroit Bureau Chief for Trucks.com. We feel strongly that all Workhorse electric delivery vehicles, with their integrated drone capabilities, are the most economical and efficient last mile option currently available, making our solutions a necessity now and for future critical applications.”. “The applications are many and growing,” Graber said.
With production of its electric delivery van underway, Workhorse Group is looking to let fly its truck-mounted delivery drone called HorseFly. “We have an expert aerospace team with a deep understanding of the FAA’s process and regulatory requirements, and we’ve teamed with Moog aerospace to leverage their decades of aviation experience in the development of our systems,” Graber said. Workhorse Group Inc., an American technology company focused on providing sustainable and cost-effective electric mobility solutions to the transportation sector, announced that it has completed two separate business transactions with Moog Inc. (“Moog”), a worldwide designer, manufacturer, and integrator of precision control components and systems, involving Workhorse’s SureFly® assets and its HorseFly™ operating unit, respectively. In 2018, the company posted another video, played more for laughs, of the HorseFly delivering classic sneakers from StockX, an online marketplace for sneakers, streetwear, watches and designer handbags. Provisional Patent Application Covers HorseFly Multi-Use Unmanned Aerial System (UAS) CINCINNATI, April 15, 2020 /PRNewswire/ -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or …
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