According to filings with the U.S. Securities and Exchange Commission, Drone Express is raising $3,701,500.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Beth Flippo played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Drone Express
Drone Express, a division of TELEGRID Technologies Inc., is a full-service logistics company that uses airborne autonomous drones for local package delivery. This service will provide low-cost same-day delivery for retailers nationwide using drones that are safe, secure and use eco-friendly renewable energy. Our office locations include outside New York City in East Hanover, NJ, San Diego, CA and Cincinnati, OH. TELEGRID has been developing cutting-edge technology for the U.S. Military for over 35 years. TELEGRID designed and developed AeroGRID+ drone swarm technology which recently received a Small Business Innovative Research (SBIR) award from the U.S. Air Force. In 2018, the commercial potential of AeroGRID+ in the same-day delivery market was identified and Drone Express was born.

To learn more about Drone Express, visit http://www.droneexpress.com

Contact:
Beth Flippo, Chief Executive Officer
513-577-5152
https://www.linkedin.com/in/beth-flippo-102b9822/

SOURCE: http://www.intelligence360.io
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