Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeff Bezos recently released an annual letter to shareholders. In the letter, he discussed where Amazon has been and where the company is going.
?Nineteen years ago, I drove the Amazon packages to the post office every evening in the back of my Chevy Blazer,? Bezos writes in his latest annual letter to shareholders. ?My vision extended so far that I dreamed we might one day get a forklift.?
Several months ago, Amazon.com announced it is testing out drones for package delivery during an interview with “60 Minutes.” Many critics said that this technology was not practical and would likely not happen. Bezos clarified his position though: “The Prime Air team is already flight testing our 5th and 6th generation aerial vehicles, and we are in the design phase on generations 7 and 8.”
The Amazon.com Prime Air program seems to be pushing forward and Bezos said that the company is doubling down on the project.