Sign In
Free Newsletter
FAA certification clears way for DroneUp to scale up
Virginia Beach-based drone delivery company DroneUp has received a Federal Aviation Administration certificate that will allow it to grow its delivery operations. On Tuesday, the company announcedi t received an FAA Part 119 air carrier certificate under Part 135. The certificate allows DroneUp to carry third-party property as an air carrier and to fly drones […]
Fahrenheit Advisors announces new COO
Richmond-based consulting firm Fahrenheit Advisors has added Kris Cravey to its executive ranks. Cravey, formerly chief people officer at Virginia Beach-based DroneUp, will be chief operating officer at Fahrenheit Advisors, the company announced Tuesday. In his new role, he will take primary responsibility for overseeing the execution of Fahrenheit Advisors’ strategy, growth and client servi[...]
DroneUp promotes chief growth officer
Virginia Beach-based DroneUp has promoted Rishap “Rish” Malhotra to be its growth officer, a newly created position at the autonomous drone delivery company. Malhotra had been DroneUp‘s senior vice president of corporate development, and heading up the company’s mergers and acquisitions will be part of his new job, which the company announced Thursday. He will […]
Federal Contractors | Technology 2023: TOM WALKER
After a 17-year stint as a Navy officer, serving as a nuclear power engineer on submarines, and another 17 years as president of software company Web Teks, Walker launched DroneUp, a provider of aerial drone services, in 2016. The Virginia Beach tech company has grown quickly since then, purchasing Web Teks in 2021 and partnering […]
DroneUp to deliver meds to Eastern Shore
Virginia Beach-based unmanned flight company DroneUp will launch a project to deliver medications via drone to patients on the Eastern Shore and Tangier Island as part of a collaboration with Riverside Health System and the Virginia Institute for Spaceflight & Autonomy (VISA) at Old Dominion University, among other partners. The project received $1.877 million in […]
DroneUp takes off
Virginia Beach‘s DroneUp LLC is riding the leading edge of the unmanned aerial vehicle industry wave. Founded in 2016, the company, which specializes in commercial drone delivery, flight services and software, has grown its ranks from three to 530 employees. Retail giant Walmart Inc. is a new partner, and DroneUp is close to completing a […]
September 2022 Top Five
The top five most-read daily news stories on VirginiaBusiness.com from Aug. 15 to Sept. 14 included two items focusing on TowneBank, the No. 1 bank in Hampton Roads by market share. 1 | TowneBank to acquire Farmers Bank Suffolk-based TowneBank agreed to acquire Windsor-headquartered Farmers Bankshares Inc., parent company of Farmers Bank, in a […]
DroneUp appoints second Walmart exec to board
Virginia Beach-based DroneUp LLC has appointed David Guggina, Walmart Inc.’s senior vice president of innovation and automation, to its board of directors, the commercial drone delivery and flight services company announced Monday. “DroneUp has been a key player in making customer delivery via drone a reality for millions of customers across the country,” Guggina said […]
Va. Beach’s DroneUp to add 655 jobs
Virginia Beach-based DroneUp LLC is adding 655 jobs as part of a $27 million expansion that will include establishing a drone testing, training and research and development center at Richard Bland College, Gov. Glenn Youngkin announced during a news conference Wednesday at the Executive Mansion in Richmond. DroneUp, which specializes in commercial drone delivery and […]
DroneUp taps former NFL exec as board chair
Virginia Beach-based DroneUp LLC announced Tuesday that former NFL executive Eric Grubman is the company’s new board chairman. “Eric is incredibly respected across many business sectors for his tremendous vision, insight and passion for technology,” DroneUp CEO and founder Tom Walker said in a statement. “We are truly fortunate to have him as our chairman […]
DroneUp inks deal with Walmart, acquires AirMap
Virginia Beach-based DroneUp LLC is making moves at the end of the year, with a new partnership with Walmart Inc. and the acquisition of Santa Monica, California-based AirMap Inc., a company specializing in air traffic management software for drones. DroneUp and Walmart will have the first multisite commercial drone delivery operations, or hubs, in northwest […]
