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  • 11 hours ago
Amazon is under federal review after an MK30 delivery drone clipped an internet cable in Waco, Texas, prompting a forced landing with no injuries or outages. The FAA is investigating while Amazon apologized and covered repair costs. The company continues expanding its drone program, aiming for 500 million annual deliveries by decade’s end.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Amazon is facing a federal probe after one of its 30 Malawian Kwacha's delivery drones
00:07clipped an internet cable in Waco, Texas, according to CNBC. The drone was ascending
00:12after a delivery on November 18th when a propeller became tangled in a wire,
00:17forcing what Amazon described as a safe contingent landing. An Amazon spokesperson
00:22said that the incident caused no injuries or major outages. The company confirmed it paid
00:27to repair the customer's cable line and apologized for the inconvenience while adding that the drone
00:32completed its delivery. The FAA is investigating while the NTSB said it is aware of the incident
00:38but has not opened a probe. Amazon has worked on drone delivery for more than a decade
00:43and began service in Waco earlier this month. Its goal is to deliver 500 million packages
00:49per year by drone by the end of the decade. For all things money, visit Benzinga.com.
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