​​ Pre-IPO Zipline: drones for medical supplies deliveries F | UT Token

​​ Pre-IPO Zipline: drones for medical supplies deliveries

Futures on Zipline pre-IPO stocks began trading on the UTEX exchange. By 2022, the value of its underlying asset could more than double.

Founded in 2014 in Silicon Valley, Zipline has developed the first autonomous delivery system for vital medical supplies.

Zipline created Zip, a small autonomous airplane that can carry vaccines, medicine, or donor blood. The company already has several major government and corporate customers in the U.S., Japan, Ghana and Rwanda.

Zipline has raised a total of $533 million from dozens of investors including Techstars, Sequoia Capital, Google Ventures, Goldman Sachs. Its current valuation is $3.5 billion. The next funding round expected in 2022 may put the value of the company in the range of $6 to $8 billion.