Amazon Drones Could Deliver Packages for Just $1, Study Suggests

Amazon has pushed the U.S. government for permission to test unmanned aircraft as it seeks to develop drones to deliver products.
Source: Amazon.com Inc. via Bloomberg

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By Spencer Soper

April 10, 2015 at 9:51 PM UTC

This article is for subscribers only.

Amazon.com Inc.’s proposed use of drones could drive down the cost to deliver small packages crosstown to about $1 -- a fraction of existing same-day delivery options, according to a study by a financial research company.

The report from New York-based ARK Invest also suggests deliveries may arrive in as soon as 30 minutes. The research tried to quantify the savings from the use of drones compared with delivery trucks and couriers.