Thursday, July 6, 2023
Autonomous airline Ribbit has signed a $1.3 million contract with Transport Canada to start testing its commercial cargo aircraft to deliver goods to northern Canada, starting in 2024.
“Ribbit ultimately exists to help improve access to transportation,” Jeremy Wang, co-founder and COO, said. "Our dream would be a future where anybody can receive goods quickly and reliably no matter where they are located.”
Wang said the company’s initial goal is to serve northern Canada, where about 120 million pounds of food gets delivered annually.
“These are northern, isolated communities where all cargo gets flown in by air and the cost of food and rates of food insecurity are very high,” Wang said.