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Zipline raises $1.5B and expands Walmart drone delivery to 300 US sites, boosting valuation to $21.5B

Market News
05 Nov 2026, 17:40 WIB
TechCrunch
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Bullish
Zipline raises $1.5B and expands Walmart drone delivery to 300 US sites, boosting valuation to $21.5B

Zipline secured $1.5 billion in funding led by major investors including Paradigm and Fidelity, raising its valuation to $21.5 billion. The company also expanded its partnership with Walmart to deploy 300 drone delivery sites across the US, up from 21 currently. Zipline plans to use the funds to grow its US manufacturing and workforce to build a nationwide drone delivery network. This expansion follows Zipline's FAA certification in 2022, enabling long-range commercial drone deliveries, and its growing presence in the US and other countries delivering various products via autonomous drones.

Walmart shares trade at USD 131.38 on Pluang as of Nov 05, 2026 22:51 WIB, up 1.71% for the day. The stock's market cap stands at $1.02 trillion, with a dividend yield of 0.77%. Pluang users show a balanced interest with 55% buy orders and 45% sell orders, reflecting steady engagement amid Walmart's expanding drone delivery partnership.

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