UPS forms a new subsidiary for drone delivery and seeks FAA approval to fly

UPS has big plans for drone delivery, and it's taking two key steps to put them into action. First, it's building its own dedicated subsidiary focused entirely on drone delivery, called UPS Flight Forward, and it's seeking FAA approval to operate its drones over populated areas, during nighttime hours and when not within view of a human operator, all of which are currently required for general commercial drone operation. One of the biggest shipping companies in the world, UPS basically needs to have some kind of play in the drone delivery field, whether or not that actually ends up being the future of last-mile logistics.