Drone logistics company Swoop Aero “put into the hands of an administrator”

Melbourne, Australia -based drone logistics operator Swoop Aero has been placed into the hands of an administrator, according to Business News Australia.

“Simon Nelson, of BPS Reconstruction and Recovery, has been appointed administrator to Swoop Aero overseeing the company’s operations ahead of the first meeting of creditors scheduled for 24 October 2024, ” said the news report. “The appointment follows a strong run of growth by the company in recent years as Swoop Aero proved its capabilities in last-mile logistics, particularly in delivering essential goods via drones to remote areas globally. Swoop Aero, which was founded by former Air Force pilot Erick Peck and engineer Joshua Tepper in 2017, is said to have facilitated more than 30,000 operational flights globally since inception, delivering in excess of 1.5 million items, with a particular focus on getting medical supplies to remote or underserved areas.”