Samsung Tests Drone Delivery In An Irish Town And The Results Are Promising
Samsung Tests Drone Delivery In An Irish Town And The Results Are Promising
A small Irish town is one of the first places in the world to experience the future of parcel delivery. In Oranmore, Ireland, residents are being delivered their online orders by drone, courtesy of the Irish drone delivery company Manna. In a new partnership with Samsung, Manna has been testing a delivery process in which customers who order small electronics from Samsung's online store will get their items delivered to them "within three minutes."
According to Samsung, Manna is utilizing custom-developed "aerospace drones" to carry out the deliveries. These devices can fly at speeds of over 60 kilometers per hour, which is partly the reason why the three-minute delivery times are possible. That said, Manna is also operating its drones within a two-kilometer radius from their dispatch hub, so the proximity likely helps as well.
Before the Samsung partnership, Manna had already carried out deliveries to people in Oranmore using their drones. In 2020, the company inked a deal with Tesco supermarkets and began delivering small groceries or medicines around the town. While it has never operated beyond the area, it hopes that with Samsung by their side, they can bring the delivery service to all of Ireland.
Other companies have taken on similar initiatives. In 2016, Amazon tested drone delivery in the United Kingdom after receiving regulatory approval to do so. UPS also did the same thing, partnering with CVS to run isolated tests delivering prescriptions to a Florida retirement home. As more tests are conducted, we could eventually see drone delivery take off on a much larger scale.
In order for that to happen, however, there are a number of regulatory hurdles that drone companies like Manna would need to overcome. For example, in the US, the Federal Aviation Administration (FAA) will, at the very least, require all drones to operate under some form of identification system that indicates ownership. It may take some time to work out all of the kinks; however, within the next few years, it is wholly possible that drone delivery could become the new standard service for small deliveries.
READ MORE
To the millions of Americans who've saved nothing for retirement it sounds like a fortune. But to those who have managed to put one million dollars aside for their golden years—how many of those years will actually be golden depends on what state they happen to live in.
Paying for a wedding is an incredibly stressful experience. Even if you've got the support of family members, you could still end up paying an arm and a leg for your fairy tale day. If you've found yourself and taken the disastrous decision to take out a personal loan to pay for your wedding—without telling your partner... Well, this article might be for you. Let's explore how to have that conversation and what to do to fix your mistake.
We all want to help our children out when we can, no matter how old they are. For some parents, that means putting up the first month's rent in their new apartment, or their damage deposit. But what happens if your kid flakes on an apartment that you've put up your hard-earned money for? What recourse do you have? Let's explore your options.
Blowing up someone's phone isn't cool at the best of times; it's even less cool to do with Venmo requests for "shared expenses." If you have a friend that's constantly sending you Venmo requests for things that you didn't consent to buy, that's not friendship—that's financial abuse.
Imagine you're broke, struggling to make ends meet and then suddenly, a distant relative passes away and you're left with a $40,000 inheritance in your name. You have student loans still, a car loan and many other payments. Do you pay those off first? Or put it all in the bank as an emergency fund? Let's explore your options when presented with a unique opportunity to set yourself up for life.
You just received an offer for the job you’ve always wanted. It aligns with your passion, values, and goals—but there’s one catch: it pays $25,000 less than your current role. Should you take it? Here's a step-by-step guide to help you evaluate this life-changing decision and make a financially sound and personally fulfilling choice.
Disclaimer
The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.
Dear reader,
It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.
Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!
Warmest regards,
The Moneymade team
