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Flytrex

flytrex.com

Founded Year

2012

Stage

Series C | Alive

Total Raised

$59.8M

Last Raised

$40M | 1 yr ago

About Flytrex

Flytrex is a provider of a platform that provides a cloud solution for the tracking and management of delivery drones, and also develops drone hardware tailored for point-to-point or point-to-area delivery. The company was founded in 2012 and is based in Tel Aviv, Israel.

Headquarters Location

39 Montefiore

Tel Aviv,

Israel

ESPs containing Flytrex

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Supply Chain Tech

Drone delivery refers to the use of unmanned aerial vehicles (UAVs) for small parcel deliveries.

Flytrex named as Highflier among 10 other companies, including Zipline, Matternet, and Manna.

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Flytrex's Products & Differentiators

    On-Demand Drone Delivery Service for Food and Retail in North Carolina

    Flytrex currently has three drone delivery stations in North Carolina, delivering food and grocery orders from retailers and restaurants. In October 2021, Flytrex launched its service at the Holly Springs Towne Center to residents’ backyards – including from It’s Just Wings®, Brinker International’s virtual brand available from Chili’s® Grill & Bar and Maggiano’s Little Italy®. Flytrex has been operating in the ‘First in Flight’ state since September 2020, beginning in Fayetteville, NC – delivering groceries and household items from Walmart as well as restaurant orders to select customers – and has since expanded its service to the town of Raeford, NC. Since February 2021, the volume of Flytrex orders across its North Carolina operations has increased more than tenfold, with thousands of deliveries to date.

Expert Collections containing Flytrex

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Flytrex is included in 4 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

5,532 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

R

Robotics

1,974 items

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.

F

Food & Meal Delivery

1,505 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

A

Aerospace & SpaceTech

2,304 items

Flytrex Patents

Flytrex has filed 15 patents.

The 3 most popular patent topics include:

  • Unmanned aerial vehicle manufacturers
  • Monoplanes
  • Geolocation
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/10/2020

2/7/2023

Unmanned aerial vehicle manufacturers, Express mail, Postal organisations, Continuum mechanics, Monoplanes

Grant

Application Date

6/10/2020

Grant Date

2/7/2023

Title

Related Topics

Unmanned aerial vehicle manufacturers, Express mail, Postal organisations, Continuum mechanics, Monoplanes

Status

Grant

Latest Flytrex News

Swiss UAV startup Jedsy brings new thinking (and tech) to drone deliveries

Mar 23, 2023

Swiss  drone delivery  company  Jedsy  is small compared to the rapidly scaling sector giants like Zipline, DroneUp, Wing, or Flytrex, but the little UAV that could has developed interesting and unorthodox aerial and docking tech that’s attracting new clients. Jedsy is an outside-of-the-box startup and  drone delivery  innovator. For starters it was founded in 2021 by triple aerobatic helicopter world champion Mirko Cesena, and the somewhat more conventional aerospace engineer Herbert Weirather. Both are committed to bettering larger rivals in  UAV transport services  by developing superior tech for  healthcare , emergency responder, and urgent payload clients. Their path to that goal is creating hardware capable of withstanding the harsh conditions aircraft and associated gear are subjected to while operating  in Switzerland’s  higher altitude settings. Their first move in that was producing what they dubbed the Jedsy Glider: a vertical takeoff and landing  delivery drone  whose fixed-wing conception provides it a maximum 120 km flight range, and up to 75 minutes of battery life at top altitudes of 2,428 meters. The craft sports five different situational awareness sensors that facilitate autonomous missions, including a LiDAR ground altimeter. Though the UAV is capable of  ground landings and parachute drops  of payload, it reflects the company’s inventive thinking in its use of a surprising yet effective docking and recharging solution. That mechanism is what Jedsy calls its “Mailbox,” and it looks like a car’s bike rack installed beneath the window of a client’s building. The aluminum structure not only provides a sturdy takeoff and landing solution in areas where ground options are limited or inconvenient, but also enables fast and easy loading or reception of critical payloads that need to get to final users as quickly as possible. The company says the hanging innovation is the first of its kind in the world. Attaching mechanisms on both the Mailbox and Jedsy Glider ensure stability of the  delivery drone  while payloads are loaded or retrieved, and facilitate vertical landings and arrivals of the UAV with its fixed wings facing the façade of destination buildings. Before lifting off for a new mission, the craft looks as though it’s been hung from the window to dry (while it’s actually being re-juiced). Though the company is ready to work with all types of clients, its main business  focus is on healthcare , which most recently earned it work with the Dr. Risch network of 22 medical analysis labs in Switzerland and neighboring Lichtenstein. Under a deal begun earlier this year, the company has been staging about 20 daily flights between two Risch facilities, carrying blood and tissue samples and  medical equipment . The drone’s straight path – which avoids flying over houses or traffic – permits deliveries in just five minutes, or around half of what the fastest road scenario in traffic-free conditions can. Jedsy’s  drone delivery  solutions have also caught the interest of Malawi’s Ministry of Health, which late last year contracted the company to shuttle biological samples and other materials between hospitals and clinics. “Deliveries that would ordinarily take hours on the road can now be made in minutes thanks to Jedsy’s team of top technical specialists, including drone assembly technicians, pilots, and mechanics,” the Jedsy  site says , noting the operation also seeks to create local jobs in Malawi. “The company has hired a young highly motivated and brilliant Malawian team that will assist in spearheading the operations. Moreover, Jedsy aims to recruit additional personnel as operations extend throughout Malawi.”

Flytrex Frequently Asked Questions (FAQ)

  • When was Flytrex founded?

    Flytrex was founded in 2012.

  • Where is Flytrex's headquarters?

    Flytrex's headquarters is located at 39 Montefiore, Tel Aviv.

  • What is Flytrex's latest funding round?

    Flytrex's latest funding round is Series C.

  • How much did Flytrex raise?

    Flytrex raised a total of $59.8M.

  • Who are the investors of Flytrex?

    Investors of Flytrex include btov Partners, Benhamou Global Ventures, Lukasz Gadowski, OurCrowd, BRM Group and 8 more.

  • Who are Flytrex's competitors?

    Competitors of Flytrex include Manna, Neolix, Elroy Air, PABLO AIR, 42dot, DroneUp, Matternet, Starship Technologies, Nuro, Zipline and 12 more.

  • What products does Flytrex offer?

    Flytrex's products include On-Demand Drone Delivery Service for Food and Retail in North Carolina and 2 more.

  • Who are Flytrex's customers?

    Customers of Flytrex include Walmart and El Pollo Loco.

Compare Flytrex to Competitors

Zipline Logo
Zipline

Zipline builds drones and runs delivery services, dropping crucial medical supplies to clinics and patients in critical need.

SkyDrop Logo
SkyDrop

SkyDrop is a last-mile drone delivery business by holding company Flirtey, an aerospace technology company and U.S. drone delivery manufacturer that sells full-stack drone delivery hardware and software systems. SkyDrop was founded in 2013 and is based in Reno, NV.

Matternet Logo
Matternet

Matternet develops products that enable organizations around the world to build and operate drone logistics networks for transporting goods on-demand, through the air. The company's on-demand delivery platform is an end-to-end solution integrating the Matternet M2 Drone, the Matternet Station, and the Matternet Cloud. Matternet provides the platform as a service to healthcare, e-commerce, and logistics organizations. Matternet is active in the field of micro-transport via drones in urban centers. Matternet was founded in 2011 and is based in Mountain View, California.

A
Airpost

Airpost is a drone-related delivery system for distances of over 300 km with a capacity of up to 5 kg. It also uses the clean fuel - hydrogen.

M
Manna

Manna designs, builds and operates unmanned aerial vehicles (UAVs). Its UAVs perform high-speed deliveries of takeaway food, groceries, and pharmacy goods/supplies in suburban last-mile settings. The company was founded in 2018 and is based in Dublin 4, Ireland.

Starship Technologies Logo
Starship Technologies

Starship Technologies is a technology company building a fleet of self-driving robots designed to deliver goods locally within 30 minutes. Designed using 'off the shelf' components, the robots are lightweight and low-cost, enabling the company to bring the current cost of delivery down by 10-15 times per shipment.

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