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
Your friend is not wrong to cringe at property taxes, insurance bills, and surprise repair costs. Those expenses are real, and in many markets they have risen sharply in the past few years. But calling homeownership a scam goes too far, because the long term math depends on time, location, financing, and what would happen to your rent if you do not buy.
Few money conversations get messier faster than this one. Your brother wants you to invest in his restaurant, but he has already watched two businesses fail. That puts family loyalty on a collision course with cold financial reality.
If you have ever stared at a huge hospital bill, your coworker’s advice might sound almost magical. Just ignore it, wait it out, and eventually the hospital will take pennies on the dollar. There is a grain of truth there, but the full story is a lot messier and a lot riskier.
You swipe your debit card at the grocery store, the gas pump, or a restaurant, and suddenly the terminal flashes “declined.” You check your banking app and see that your account still has money in it. It feels confusing, stressful, and sometimes humiliating. The good news is that a declined debit card does not always mean you are broke or that your bank made a major mistake.
You walk into your bank with a stack of cash, make a deposit, and suddenly the teller starts asking questions. A few days later, the bank’s fraud or compliance department may even call you. For many people, that's enough to set off alarm bells. But this is more common than most people realize: banks are legally required to monitor certain cash transactions and investigate activity that appears unusual, even when the money is completely legitimate.
Your mom offered to pay for your wedding. All you had to do was put down the vendor deposits until she reimbursed you later. It sounded simple enough, and like many couples trying to make family dynamics work, you trusted the arrangement. Now, after a blowup over the guest list, she says she is no longer paying and you are stuck holding the contracts and the bills.
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
