Flytrex is building personal delivery drones that can transport small packages from A to B, taking on UPS, Fedex, and DHL in the process. The company's drones, which can be controlled via an app, come with a "loading bay" for small parcels.
Flytrex was founded by Yariv Bash, who is best known as the cofounder of SpaceIL – Israel’s entry for the Google XPrize to put a spacecraft on the moon.
Backed by Joey Low, the angel behind WeWork and Taboola, Flytrex has already sold $700,000 (£555,000) worth of connected devices for drones to track flight paths, weather conditions and statistics like speed and distance over the cloud.