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Boeing HorizonX Ventures invests in on-demand urban aerial delivery startup Matternet

Boeing has invested in Matternet, a startup developing safe, on-demand unmanned aerial vehicle (UAV) delivery operations in urban environments. Boeing said that Matternet’s advanced logistics platform—combined with Boeing’s expertise in complex logistics, integration and manufacturing capabilities—will further enable reliable, efficient cargo air transportation.

Drone_system

M2 drone

Matternet became the world’s first company to receive authorization to launch UAV operations over densely populated areas in Switzerland in 2017. Leveraging its Matternet Station, M2 drone and Cloud platform, the company has achieved safe flights over densely populated areas and partnered with Swiss Post for on-demand deliveries of medical samples to hospitals in Switzerland.

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

—Brian Schettler, managing director of Boeing HorizonX Ventures

In May 2018, Matternet was selected to participate in a joint US Department of Transportation and Federal Aviation Administration program aimed at accelerating integration of unmanned aircraft into national airspace. As part of the program, Matternet will work with hospitals, universities and transportation agencies in California and North Carolina to facilitate on-demand delivery of medical supplies and samples.

Matternet has also joined an initiative to shape the future of mobility as part of the World Economic Forum. The company will participate in the Drone Innovators Network to accelerate a safe, sustainable, global mobility system focused on improving people’s lives.

Boeing HorizonX Ventures led the $16 million, Series A investment in Matternet, with participation by Swiss Post, Sony Innovation Fund and Levitate Capital.

The Boeing HorizonX Ventures investment portfolio is made up of companies specializing in technologies for aerospace and manufacturing innovations, including autonomous systems, energy and data storage, advanced materials, augmented reality systems and software, machine learning, hybrid-electric and hypersonic propulsion, and Internet of Things connectivity.

Comments

adamsmith

Great post . Now drone used and robots are used to deliver products behalf of human. Drone is a new concept is like helicoptor that is controlled by remort or computer.I made a gadget like drone using AI by takig help from Dell printer support

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