Matternet, founded in 2011, is a leader in commercial drone delivery systems, aiming to make access to goods as seamless as access to information. Headquartered in the United States, the company operates in the Drones, Logistics, and Transportation industries.
The company is distinguished by its pioneering efforts and partnerships, notably becoming the first to receive authorization for BVLOS operations in Switzerland in 2017 and partnering with UPS in 2019 to launch the first revenue-generating drone delivery services in the U.S. Furthermore, in 2022, its Matternet M2 drone achieved FAA Type and Production Certification, a significant milestone in drone delivery certification.
Supported by a $40.00M Series B investment from 5G Ventures S.A and Phaistos Investment Fund as of May 2022, Matternet has facilitated over 20,000 commercial flights, demonstrating robust growth and technological leadership in the sector.