Press release

Valqari Launches the First Solution for Drone Delivery’s Last Inch Logistic Problems

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Valqari, a Chicago-based start-up, has solved the last inch logistic
problems associated with drone delivery with its patented Smart Drone
Delivery Mailbox, a universal drone receptacle for package delivery and
pick-up. Backed with a strong international patent portfolio, the smart
mailbox features agnostic capabilities to ensure seamless integration
and communication with any drone manufacturer during a fully-automated
delivery process. It is a concept that gives Valqari the ability to
revolutionize drone deliveries for industries including pharmaceuticals,
meal delivery and grocery services, governments and residential
e-commerce.

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Valqari's Smart Drone Delivery Mailbox (Photo: Business Wire)

Valqari’s Smart Drone Delivery Mailbox (Photo: Business Wire)

This technology also puts Valqari ahead of major players, like Google,
Amazon and Uber, when it comes to the end process of a drone delivery.
To date, it is the only drone delivery solution to be issued utility
patents in 13 countries and territories including: the U.S., the U.K.,
Germany, China, Hong Kong, Macau, Australia, South Africa, and several
other countries in the European Union. This blocks competitors from
entering the smart drone delivery mailbox market in these regions and
positions Valqari as a true global leader.

“We knew the biggest hurdle facing drone delivery was that there was no
standardized, safe and secure landing area. This gave us a clear vision
from the start that our mission would be to provide the missing piece to
the last stage drone delivery process,” said Valqari’s CEO and
co-founder Ryan Walsh. “As a result, we beat major global companies in
developing the winning solution with our Smart Drone Delivery Mailbox.
In 2013, we saw that no one else had developed this technology, which is
why it was critical for us to put a stake in the ground by immediately
applying for utility patents to make us the only smart mailbox option
for commercial and residential use.”

Valqari’s innovation gives drone delivery providers a safe landing area
by using two-way communication technology to eliminate risks related
with total automated drone delivery. It will provide Valqari’s
prospective partners a complete end-to-end delivery solution and offer
future users reduced shipping costs, increased market penetration,
reduced liabilities and a secure chain of custody.

This comprehensive solution is the result of four years of development
by Ryan Walsh and fellow Valqari co-founder Alexander Falesch. Back in
2013, the two realized the quickly approaching reality of drone
deliveries. Through vigorous research and testing, they created a secure
and practical answer for the final few inches of delivery since no other
drone delivery application was addressing the need. In 2017, their
vision became a reality with the Smart Drone Mailbox concept and Valqari
was officially founded.

What’s Next for Valqari

Now, as commercial drone deliveries become inevitable, as early as 2020,
it will be a necessity that businesses around the world are equipped
with Valqari’s complete solution. This will pave the way for the
eventual progression into residential deliveries in urban, suburban and
rural areas, with Valqari’s long-term goal of eliminating the need for
traditional mailboxes.

Valqari will be on-site at AUVSI XPONENTIAL 2019 in Chicago (April
30-May 2; Booth 721) to meet with potential partners about testing
delivery for medical supplies, groceries and meals, pharmaceuticals and
smart cities. To learn more about Valqari’s capabilities or partnership
opportunities for commercial and/or residential deliveries, visit www.Valqari.com.

About Valqari

Valqari is a Chicago-based start-up that has created the only drone
delivery solution that has solved the last inch logistic problems with
its patented Smart Drone Delivery Mailbox. It features communication
technology that will allow for an entirely automated drone delivery.
Valqari currently holds utility patents in 13 countries and territories
including: the U.S., the U.K., Germany, China, Hong Kong, Macau,
Australia, South Africa, and several other countries in the European
Union. To learn more about Valqari visit www.Valqari.com.