Wing, the drone delivery business of Alphabet (NASDAQ: GOOG), said it will invest $125 million to build a 15,000-square foot manufacturing facility in Fort Worth, Texas, over the next two years to meet growing interest from retailers in ultra-fast delivery.
The company also plans to launch drone delivery in Japan, in partnership with KDDI Corp.
Upcoming U.S. rules of the road, expected at any moment, will serve as a trigger for widespread expansion, Wing said…