Boeing Leads $16M Funding Round in Drone Delivery Startup Ma…

Aerospace big Boeing has right now introduced an funding – through Boeing HorizonX Ventures – in Matternet. The Menlo Park startup has made notable progress pioneering drone deliveries in city environments, and it seems to be as if Boeing needs a bit of the pie.

Matternet’s expertise is an finish to finish drone supply logistics platform, made up of the Matternet M2 Drone, the Matternet Station and the Matternet Cloud. Boeing has instructed that its experience in advanced logistics, integration and manufacturing capabilities will assist to take Matternet’s platform to the following degree.

Read extra: Swiss Partnership Launches BVLOS Medical Drone Flights

In Switzerland final yr, Matternet grew to become the world’s first firm to obtain authorization to launch UAV operations over densely populated areas. The firm has since been conducting flights in partnership with Swiss Post for on-demand deliveries of medical samples to hospitals.

“Matternet’s technology and proven track record make the development of a safe, global autonomous air mobility system a near-term reality,” stated Brian Schettler, managing director of Boeing HorizonX Ventures. “Our investment will allow Matternet to scale its operations while strengthening Boeing’s position as a leader in next-generation transportation solutions.”

Matternet’s involvement in the FAA’s UAS Integration Pilot Program was introduced in May this yr. The startup is about to work with hospitals, universities and transportation businesses in California and North Carolina to facilitate on-demand supply of medical provides and samples.

In all it provides as much as an thrilling funding from Boeing and a agency vote of confidence for Matternet’s expertise – significantly the drive to make medical drone deliveries extra commonplace.

Read extra: Drone Integration Pilot Program Partners Announced

“We are excited to partner with Boeing, the pioneers of safe commercial aviation, to make this new mode of transport mainstream,” stated Matternet Founder and Chief Executive Officer Andreas Raptopoulos.

“As we expand Matternet’s U.S. and global operations, we will work with Boeing to make next-generation aerial logistics networks a reality and transform our everyday lives.”

Boeing HorizonX Ventures led the $16 million, Series A funding in Matternet. Swiss Post, Sony Innovation Fund and Levitate Capital additionally participated.

Malek Murison is a contract author and editor with a ardour for tech developments and innovation. He handles product opinions, main releases and retains an eye fixed on the fanatic marketplace for DroneLife.
Email Malek
Twitter:@malekmurison



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