Dallas, Texas 09/05/2014 (FINANCIALSTRENDS) – Amazon.com, Inc. (NASDAQ:AMZN) the largest of the US-based ecommerce players is on new battle turf with the almighty internet-of-things Google Inc, on the matter of delivery of products.
As Drones catch the imagination of technology players as the means to provide the last mile connectivity, such as Facebook’s recent connectivity in remote Africa for job hunts; drone has primarily tickled the likes of Amazon.com, Inc.(NASDAQ:AMZN) as a delivery media for its various products.
In the meanwhile, Google has a brand new project on hand, the PROJECT WING, which relates to testing flights of over 30 drones. As with everything else at Google the key-word here is to ensure that the drones are equipped and built for delivery of products in a matter of minutes.
So where does that leave Amazon’s Prime Air delivery copters.
Apparently in the driving seat!
For, Google Inc, the experiment with Project Wings has been ongoing for the past 2 years and limited by the design of the aircraft, which borders on the ‘unconventional’ for the design lends itself towards a tail-sitter. Technically this means the drone is able to take-off alike an helicopter, and then begins to rotate to a horizontal, plane-position by circling around.
On the other hand, Amazon.com, Inc.(NASDAQ:AMZN) drones are all kitted-out to do as all smart airmail and parcel deliveries helicopters do, albeit on a smaller and miniature scale, with 8 propellers, which are similar to helicopters.
With Project Wing led by robot scientist from MIT, the futuristic drone is all set to change the paradigm of drone delivery systems.
However, for the present, Amazon has definitely set the precedent with its top-line Prime Air Drones scorching a fast pace on the air delivery horizon.
This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.