Ribbit’s new autonomous flight technology creates a more robust supply chain by deploying small autonomous airplanes that fly cargo shipments to provide just-in-time delivery, and they’re prioritizing remote communities.
We asked Ribbit’s co-founder and COO, Jeremy C. H. Wang, how his technology advances air transportation and what is next for this exciting Velocity startup.
The more remote you go, the worse the supply chains get. Remote communities lack year-round road connections, so essential commodities like perishable foods must be flown in.
The problem is that current airlines don’t fly that often, and as soon as one flight is delayed or cancelled — say, due to weather or maintenance issues — this creates massive backlogs and unreliable service.
Ribbit is creating a more robust supply chain by deploying small autonomous airplanes that fly multiple times per week to each community and provide just-in-time delivery.
Go to Making a technological leap in air transportation for the full story.