Drone Delivery Systems Corporation DBA AirBox Technologies
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Drone Delivery Systems Corporation, doing business as AirBox Technologies, built smart, secure, drone-capable mailboxes. Founded in 2015 by Brandon Pargoe in Falls Church, Virginia to deliver medications to remote locations, its AirBox Home and AirBox Deep products were app-controlled, industrial-grade, web-connected package receptacles with features like one-time-password sharing. The company held patents covering drone-delivery winch capabilities and flew the first beyond-visual-line-of-sight drone deliveries with partners in Antigua, alongside the government of Antigua, UNOPS, and ACT Antigua.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Brandon Pargoe founded AirBox in 2015 in Falls Church, Virginia, with the goal of delivering medications to remote locations.
- Demonstration
AirBox successfully demonstrated its AirBox Home smart mailbox technology in Virginia, including drone deliveries in 28-knot winds; COVID-19 drove interest in contactless delivery.
- Product launch
The AirBox Home app launched one-time-password sharing features, and AirBox Deep hardware went on sale online.
- Acquired by Arrive
On December 18, 2023, Arrive Technology Inc. acquired AirBox Technologies, including its patent portfolio; CEO Brandon Pargoe joined Arrive as Vice President of Product Operations. Terms were not disclosed.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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