Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced that it has received its first commercial drone purchase orders for HorseFly™. The Company received purchase orders for two commercial drones, including one from Valqari, a Chicago-based smart mailbox company with international exposure that works with companies, governments, and other organizations to shape the future of drone delivery.
“We have made significant progress developing and commercializing our package delivery drones, and we are pleased our customers recognize HorseFly’s market-leading specifications and capabilities,” said Rick Dauch, Workhorse CEO. “It was a privilege to conduct thorough flight demonstrations with these customers, and we look forward to expanding our relationship with them in the future. We are also continuing to hold demonstrations with additional prospective customers. This is an exciting time for Workhorse, and we look forward to advancing our technologies and conducting further demonstrations with prospective government and commercial customers to secure additional drone purchase orders.”
HorseFly is an all-electric, multipurpose uncrewed aerial system (“UAS”) designed to tackle a variety of commercial applications. Capable of automatic flight once launched, HorseFly uses a winch delivery system to provide safe, reliable, and precise last-mile delivery in various conditions. It can carry up to 10 pounds for 10 miles and has a 45-minute flight time.
“Our Aero team started down this road over five years ago – to create a safe, reliable, small UAS that can scale,” added John Graber, President of Workhorse’s Aero organization. “Valqari is a very capable organization. Integrating our systems into their network moves automatic delivery forward. Enabling connective systems is the next logical next step in our development, and that of our industry.”
