Beta Technologies

As drone delivery services ramp up, the time is quickly approaching when warehouses will need to adjust their operations to accommodate single-package loading.

Fidelity had led a $360 million private funding round into BETA Technologies to speed development of small electric aircraft for passenger and cargo usage.

UPS Flight Forward has an option to buy up to 150 electric aircraft that can transport up to 1,400 pounds of cargo each from Beta Technologies.