It's a concept that's been teased by megacorporations for years yet has only had meaningful progress in recent years: delivery by drone. For Google, Project Wing was conceived some 6 years ago as a way to shoot dog food from a local warehouse to your house. Today, the FAA announced that Wing, now the bona fide Alphabet company, has become the first drone delivery company to receive an Air Carrier Certification, meaning that it can now legally do business in the United States.
Read MoreProject Loon and Wing become full-fledged Alphabet companies
As part of Google's big 2015 reorganization, many of the divisions tucked away inside Google became their own companies under the Alphabet umbrella. For example, the Google X's self-driving car project became Waymo. Now, two more wacky former Google projects are getting the same opportunity. Project Wing and Loon are both becoming Alphabet businesses.
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