Thanks to the large growth potential of China's drone logistics industry, an increased number of foreign players will pursue cooperation with Chinese companies despite some challenges which need to be addressed in the sector, analysts said on Wednesday.
The comments come after Chinese agricultural drone maker XAG and Airbus on Monday announced their joint development of a drone cargo service with the project codename Vesper, and conducted a delivery trial in Guangzhou.
During the trial, a select group of customers in Guangzhou could order food from a nearby shop through a mini-application on WeChat. It took the drone three minutes to travel 1.6 kilometers and deliver four bowls of noodles.
Dirk Hoke, CEO of Airbus Defence and Space and Peng Bin, CEO and co-founder of XAG signed the joint agreement
The two companies signed an agreement for the joint development of the project in July.
The cooperation marks the beginning of the two firms' expansion into the domestic drone logistics industry.
Thanks to the large growth potential of China's drone logistics industry, an increased number of foreign players will pursue cooperation with Chinese companies despite some challenges which need to be addressed in the sector, analysts said on Wednesday.
During the trial, a select group of customers in Guangzhou could order food from a nearby shop through a mini-application on WeChat. It took the drone three minutes to travel 1.6 kilometers and deliver four bowls of noodles.
Dirk Hoke, CEO of Airbus Defence and Space and Peng Bin, CEO and co-founder of XAG signed the joint agreement
