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Wing, Alphabet's drone business unit, plans to invest up to $125 million over the next two years to build a new 15,000-square-foot factory in Fort Worth, Texas, aiming to meet rapidly growing on-demand delivery demand. The factory will be capable of producing tens of thousands of drones annually and creating up to 100 manufacturing jobs, supporting Wing's delivery business expansion in the United States. Wing has already entered five major metropolitan areas, including Dallas-Fort Worth, Atlanta, and Houston, and, leveraging its partnership with Walmart, aims to expand to nearly 20 U.S. markets by 2027. Competitor Zipline announced last week an expansion of its partnership with Walmart and, at the same time, completed a new round of financing, with its valuation doubling from earlier this year to $21.5 billion.
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