Tech up as AI bets recoup some losses - tech roundup. Published on 11/06/2026 at 05:23 pm EST Shares of technology companies rose, recouping a modicum of their losses following the biggest selloff in the sector for more than a year. Tesla will soon discontinue its Cybertruck production after sales of the stainless steel electric pickup slowed. Wing, the drone unit of Alphabet Inc., is investing up to $125 million over the next two years in a new manufacturing facility as it looks to meet growing demand for quicker delivery. Write to Rob Curran at [email protected] (END) Dow Jones Newswires 11-06-26 1722ET (C) Dow Jones - 2026

Wing announces $125M investment for Texas drone factory. As Wing scales up its delivery network across the United States, a new facility in Texas will be capable of manufacturing tens of thousands of drones each year. Alphabet-owned drone delivery service Wing is committing up to $125 million toward U.S. manufacturing capabilities over the next two years. This funding will establish a new production site in Fort Worth, Texas, to back the company's nationwide growth in delivery services. Spanning 15,000 square feet, the new site will be able to churn out tens of thousands of aircraft every year. Wing anticipates that the facility will generate as many as 100 jobs in manufacturing. Beyond the Texas site, the investment ensures ongoing support for engineering and research efforts in California, as well as in the local communities where Wing currently provides service. Nov 5, 2026 Nov 3, 2026 Expanding manufacturing to meet delivery demand. Wing is currently active in more than 70 locations within major U.S. metropolitan regions. The company aims to extend its services to nearly 20 markets, eventually serving over 40 million Americans by 2027. In 2026 alone, Wing completed over one million home deliveries across the United States. Originally launched in 2012 as an initiative under X, Alphabet's innovation lab, the company has since built out a commercial network for drone deliveries. Wing made history in 2019 by becoming the first drone delivery firm to secure a Part 135 Air Carrier Certificate from the Federal Aviation Administration (FAA). This approval permits the company to run commercial air carrier operations utilizing drones. As demand for deliveries rises, this new manufacturing investment will help Wing grow its fleet of aircraft. Nov 3, 2026 "Drone delivery has become a global reality, driven by clear demand from our partners and their customers," said Adam Woodworth, CEO of Wing. "The U.S. is our focus for growth, and by investing in the future of drone delivery here, we are continuing to advance American aviation innovation as we build our commercial momentum." U.S. Drone manufacturing and regulatory developments. This investment aligns with broader U.S. efforts to boost domestic drone production and decrease dependence on international suppliers. While federal policy is increasingly favoring U.S.-made drones, commercial operators are getting ready for possible updates to beyond visual line of sight (BVLOS) rules. The FAA's proposed Part 108 regulation aims to create a wider framework for routine BVLOS drone flights. These types of operations are crucial for delivery networks that depend on automated flights covering large geographic areas. Wing's growth highlights the increasing investment in drone delivery infrastructure. Businesses are transitioning from small-scale pilot programs to extensive commercial networks, which demands greater production capacity, more aircraft, and stronger operational support. The Fort Worth plant will provide Wing with domestic manufacturing capabilities to back its expansion plans. This investment marks another milestone in the effort to mass-produce commercial delivery drones within the United States.

Wing to invest up to $125 million in U.S. Drone manufacturing to support delivery expansion. New Texas facility will have capacity to produce tens of thousands of drones annually as Wing expands its U.S. delivery network. Wing, the drone delivery company owned by Alphabet, has announced plans to invest up to $125 million in U.S. drone manufacturing over the next two years. The investment will support a new manufacturing facility in Fort Worth, Texas, as the company expands its delivery operations nationwide. The 15,000-square-foot facility will have the capacity to produce tens of thousands of aircraft annually. Wing expects to create up to 100 manufacturing jobs at the site. The investment also includes continued support for research and engineering in California and the communities where Wing operates. Expanding manufacturing to meet delivery demand. Wing currently operates from more than 70 sites across major U.S. metropolitan areas. The company plans to expand its service to nearly 20 U.S. markets, reaching more than 40 million Americans by 2027. Wing reports that it has completed more than one million home deliveries in the United States during 2026 alone. The company began in 2012 as a project at X, Alphabet's research division, and has since developed a commercial drone delivery network. In 2019, Wing became the first drone delivery company to receive a Part 135 Air Carrier Certificate from the Federal Aviation Administration (FAA). That certification allows the company to conduct commercial air carrier operations using drones. The new manufacturing investment will support Wing's plans to increase the number of aircraft in its fleet as delivery demand grows. "Drone delivery has become a global reality, driven by clear demand from our partners and their customers," said Adam Woodworth, CEO of Wing. "The U.S. is our focus for growth, and by investing in the future of drone delivery here, we are continuing to advance American aviation innovation as we build our commercial momentum." U.S. Drone manufacturing and regulatory developments. Wing's investment comes as the United States seeks to strengthen domestic drone manufacturing and reduce reliance on foreign suppliers. Federal policy has placed greater emphasis on U.S. drone production, while commercial operators are preparing for potential changes to beyond visual line of sight (BVLOS) regulations. The FAA's proposed Part 108 rule would establish a broader framework for routine BVLOS drone operations. Such operations are important for delivery networks that rely on automated flights across large service areas. Wing's expansion also reflects growing investment in drone delivery infrastructure. Companies are moving beyond pilot programs toward larger commercial networks, requiring more aircraft, production capacity, and operational support. The Fort Worth facility will give Wing domestic manufacturing capacity to support its planned expansion. The company's investment represents another step toward producing commercial delivery drones at scale in the United States. Read more: Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has penned over 3,000 articles focused on the commercial drone space and is an international speaker and recognized figure in the industry. Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies. For drone industry consulting or writing, Email Miriam.