Urban Ray, founded in 2022 and based in Germany, specializes in drone-based last-mile logistics, combining drones with automated landing and storage stations to create customized delivery networks tailored for urban environments. Its drones can carry payloads of up to 11 lbs, flying at speeds of up to 62 mph, covering a range of 12 miles. The company pitches its solution toward healthcare and consumer goods deliveries. The company intended to begin pilot projects in 2024.
Funding and financials
Urban Ray secured a six-figure amount in pre-seed funding in May 2023 to accelerate the development of its drone delivery system and to facilitate its entry into the medical logistics market.
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