Amazon.com, Inc. (NASDAQ:AMZN)’s delivery drones will zip through the air at speeds of up to 100 miles per hour, according to a report by Dominic Chu for CNBC.
The revelation comes as Amazon.com, Inc. (NASDAQ:AMZN) was given another go-ahead by the United States Federal Aviation Administration (FAA) to test its drone delivery service.
“Amazon.com may soon be making some very special deliveries. The online retailer has again won approval to test out unmanned drone aircraft for making deliveries outside. Last month, aviation regulators gave the green light to an Air Amazon prototype aircraft, but the company said that the FAA was too slow and that the drone in question had become obsolete during the more than six months it waited for that permission. The bottom line, fast-changing drone technology will allow Amazon to test flights at an altitude of up to four hundred feet and speeds of up to 100 miles per hour,” Chu reports.
Chu was recounting how Amazon.com, Inc. (NASDAQ:AMZN) was publicly critical of what it said was the FAA’s sluggish process for gaining approval to test unmanned aircraft for deliveries. The FAA approval was for a now-obsolete drone model which Amazon also said has been replaced by more advanced models.
Not that the online commerce giant was waiting just for the FAA to test out its drones.
In a report last month, it was revealed that Canada has given the internet trade juggernaut a virtual carte blanche to test out its drones in an area not that far from the United States border.
According to a report from British publication The Guardian, Amazon.com, Inc. (NASDAQ:AMZN) was testing its drones in Canada at an area just about 2,000 feet from the U.S. border. Canada, it was reported, gave approval to the project in just three weeks, as opposed to the months it took the FAA to give its first approval for Amazon drone delivery testing.
The web commerce firm has said in the past that if the U.S. continues with its drawn-out process of approving projects like this, it would miss out on innovation that it needs to maintain a lead on other countries in the technology sector.
Apart from Canada, Amazon is also asking the United Kingdom for permission to test its drones.
Eashwar Krishnan’s Tybourne Capital Management owned 447,925 Amazon.com, Inc. (NASDAQ:AMZN) shares by the end of 2014.
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