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Lodd Autonomous cargo aircrafts target 'middle-mile' delivery segment

CNBC · Just In
CNBC
CNBC
Just In

CEO of Lodd Autonomous, Rashid Al Manai, talks about the "middle-mile revolution" and how his company is spearheading it for the Middle East by connecting warehouses directly. He talks about Lodd's Hili autonomous hybrid VTOL aircraft, and how it's helping to simplify logistic solutions to meet consumer demand.

Breakdown
  • Lodd aims to create a logistics system that connects warehouses directly, bypassing traditional infrastructure. 30s
  • The company is focused on solving the 'middle mile' bottleneck, which involves transferring goods between regional and local warehouses. 54s
  • The Hili aircraft can carry up to 250 kilograms and has a range of up to 700 kilometers. 1m 21s
  • Development of the Hili began in the UAE in August 2023 with local engineers. 1m 29s
  • Hili is fully autonomous and features a fleet management system for future multi-aircraft operation by a single operator. 2m 4s
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