Reliable Robotics, a California-based autonomous aircraft startup, has raised $100 million in Series C funding as it seeks to launch commercial cargo operations in hard-to-reach areas.
Reliable Robotics Raises $100M to Up Remotely Piloted Cargo Operations
Key Takeaways:
- Reliable Robotics has secured $100 million in Series C funding, totaling over $133 million, to accelerate the launch of its autonomous commercial cargo operations.
- The company's technology retrofits existing fixed-wing aircraft for remote, autonomous flight, enabling them to perform all flight phases, including autolanding on small, remote airstrips, while supervised by offsite pilots.
- This system aims to unlock access to thousands of underutilized regional airports, expanding air transportation options for cargo initially and eventually passengers, bolstered by FAA authorizations and a partnership with NASA.
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