Drone delivery mailbox maker Valqari get 500K in funding

The Chicago-based drone delivery mailbox maker Valqari receives $500K in funding and a manufacturing deal from AgEagle, that is also gearing up to manufacture its drones at scale.

Drone delivery mailbox maker Valqari get 500K in funding

Based in Wichita, , AgEagle Aerial Systems, a drone and aerial imagery-based data collection and analytics company, has invested $500,000 USD in Valqari according to documents that were filed with the U.S. Securities and Exchange Commission. AgEagle has entered into an exclusive two-year deal with Valqari to manufacture its drone delivery mailboxes.

Ryan Walsh and Alex Falesch started Valqari in 2017 to manufacture a secure mailbox that is able to receive packages delivered by drone. The company aims to solve the last-inch logistics problem by offering a mailbox that can open and close to receive packages that are delivered by an unmanned aircraft.

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Drone Delivery Mailbox Maker Valqari Get 500K In Funding 1

The drone delivery mailbox is about 7 1/2 feet high and has six separate storage units to allow for multiple drone deliveries and postal delivery drop-offs or pick-ups. Once a package is received the Valqari device notifies the user immediately.

Valqari aims to create a universal drone mailbox that accepts a delivery from any type of drone maker, reports Chicago Inno.

“The excitement surrounding the use of commercial drones for package delivery is giving rise to an entire new ecosystem being built to support the industry,” said AgEagle CEO Michael Drozd, in a statement. “Effective solutions for ground support, like Valqari's Drone Delivery Station, will prove to be a vital, fundamental component of this new ecosystem, helping to ensure the promising potential of mainstream drone package delivery is fully realized.”

Valqari claims that it has been awarded utility patents in 14 and territories including the U.S., the U.K., , , Hong Kong, Macau, , and several other countries in the European Union.

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Haye Kesteloo
Haye Kesteloo

Haye Kesteloo is the Editor in Chief and Founder of DroneXL.co, where he covers all drone-related news, DJI rumors and writes drone reviews, and EVXL.co, for all news related to electric vehicles. He is also a co-host of the PiXL Drone Show on YouTube and other podcast platforms. Haye can be reached at haye @ dronexl.co or @hayekesteloo.

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