Workhorse Group Announces First Commercial Drone Purchase Orders
Portfolio Pulse from Happy Mohamed
Workhorse Group has received its first commercial drone purchase orders for HorseFly, including one from Valqari, a Chicago-based smart mailbox company. HorseFly is an all-electric, multipurpose uncrewed aerial system designed for various commercial applications.

June 20, 2023 | 12:36 pm
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Workhorse Group receives first commercial drone purchase orders for HorseFly, including one from Valqari, indicating market interest in their product.
The news of Workhorse Group receiving its first commercial drone purchase orders for HorseFly is a positive development for the company, as it indicates market interest in their product. This could potentially lead to more orders and partnerships in the future, positively impacting the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100