Matternet

• Matternet M2
• Matternet M3

• Operating use

  2026-10-20 - Matternet and Apian commenced pathology-sample drone deliveries serving Great Ormond Street Hospital. - Matternet–Apian service between Great Ormond Street Hospital and The Doctors Laboratory; no robot or deployment-count inferred. - GOSH–The Doctors Laboratory, London

  Source
• Operating use

  2026-09-21 - Matternet said its technology had enabled more than 60,000 commercial flights across the United States and Europe by September 21, 2026. - Matternet technology across U.S. and European urban and suburban environments

  Source
• Customer site

  2026-04-24 - Matternet launched M2 medical drone delivery operations with Apian for NHS hospital campuses in Central London. - Central London NHS medical logistics route - Central London hospital campuses

  Source
• Commercial activity

  2024-10-04 - Matternet launched a commercial home drone delivery service in Mountain View and Sunnyvale using its FAA-certified M2 platform. - Matternet home delivery service - Mountain View and Sunnyvale

  Source

Supply chain relationships

• Fruity Chutes

  Inbound - Manufacturing - Fruity Chutes supplies subsystem integration to Matternet for Fruity parachute / M2 certification

  Source
• Amprius Technologies

  Inbound - Power Systems - Amprius silicon-anode cells power Matternet M2 delivery drones

  Source
• SoftBank Robotics America

  Inbound - Manufacturing - SoftBank Robotics America provides manufacturing, installation and maintenance for Matternet Station infrastructure

  Source

• 2025-09-02 - Series B-3 - $5.7M - Matternet completes $5.71M Series B-3 preferred financing

  Historical preferred-equity record for Matternet dated 2025-09-02; full verified funding metadata follows in the normalization update. - source: investor.matternet.com

• 2022-06-01 - Series B - Phaistos Investment Fund joins Matternet’s Series B financing

  Historical preferred-equity record for Matternet dated 2022-05-31; full verified funding metadata follows in the normalization update. - source: 5gventures.gr

• 2019-12-31 - Strategic equity financing - $5.7M - Matternet raises $5.66M strategic equity financing

  Matternet sold $5.66 million of equity in a strategic financing disclosed alongside an investment from McKesson Ventures. - source: nasaaefd.org

• 2018-06-26 - Series A - $16M - Matternet raises USD 16M Series A led by Boeing HorizonX

  Matternet raised USD 16 million in Series A funding led by Boeing HorizonX Ventures. - source: suasnews.com

• 2016-07-22 - Seed - $9.5M - Matternet reports approximately $9.5M seed financing

  Matternet reported approximately $9.5 million sold in a private equity financing that began in July 2016. - source: nasaaefd.org

• 5G Ventures / Phaistos Investment Fund - Participant - VC - 2 funding events - repeat backer - first seen 2022-06-01 - latest 2026-05-29
• Boeing HorizonX Ventures - Lead - VC - 1 funding event - first seen 2018-06-26
• CerraCap Growth Fund I - Participant - VC - 1 funding event - first seen 2026-05-29
• Levitate Capital - Participant - VC - 1 funding event - first seen 2018-06-26
• McKesson Ventures - Participant - VC - 1 funding event - first seen 2020-01-14
• Mercedes-Benz Vans - Participant - Unknown - 1 funding event - first seen 2016-08-05
• Sony Innovation Fund - Participant - Corporate / CVC - 1 funding event - strategic/corporate - first seen 2018-06-26
• Swiss Post - Participant - Angel / Individual - 1 funding event - first seen 2018-06-26

• MTTN - OTCQB - USD

• Alex Norman - Chief Operating Officer - Norman leads operations for Matternet drone delivery systems across healthcare, commerce, and regulated deployment programs.
• Jason Secore - Chief Financial Officer - Secore leads finance for Matternet as it commercializes drone delivery aircraft, landing stations, and logistics software.
• John Rousseau - Head of Safety & Policy - Rousseau leads safety and policy work for Matternet regulated drone delivery operations.
• Andreas Raptopoulos - Founder & CEO - Raptopoulos leads Matternet as it develops drone delivery aircraft, landing stations, software, and regulated logistics systems.

Events

• 2026-10-20 - Deployment - Matternet and Apian extend NHS drone deliveries to Great Ormond Street

  The partners say urgent delivery times can fall by up to 90%, supporting quicker laboratory processing. The initial route connects GOSH with nearby TDL laboratories, with additional sites planned. Matternet reports more than 60,000 commercial flights across its global network, separate from this new hospital route.

  Source
• 2026-09-28 - Product Launch - Matternet unveils M3 autonomous delivery platform

  The aircraft targets an 11-pound payload and a 10-mile service radius for food, retail, healthcare and industrial deliveries. Dave's Hot Chicken is the initial U.S. launch partner and Apian the U.K. launch partner. Commercial service is targeted for the second half of 2027, with U.S. aircraft manufacturing capacity planned.

  Source
• 2026-09-21 - Market Signal - Matternet begins OTCQB trading under MTTN

  The trading milestone follows an oversubscribed private placement and the launch of UK NHS drone-delivery operations. Matternet said the quotation broadens public-market visibility as it prepares a next-generation drone-delivery platform and expands commercial operations. Matternet reported that its technology has enabled more than 60,000 commercial flights across U.S. and European urban and suburban environments.

  Source
• 2026-09-15 - Partnership - Matternet and AVI-SPL partner on autonomous drone delivery for service logistics

  Initial deployments will support AVI-SPL field technicians in congested metropolitan markets. The partners plan to expand drone delivery into AVI-SPL’s broader service and supply-chain network. Matternet reports more than 60,000 commercial flights across the United States and Europe.

  Source
• 2026-07-15 - Partnership - Matternet adds Beeline UAS to its Part 135-aligned operator network

  Beeline supports operations conducted under Air Carrier Certificate MQAA151B held by M A A Inc.; Beeline says it is not itself a certificated air carrier. The companies will initially focus on BVLOS operations in the San Francisco Bay Area and Los Angeles. The operating scope supports Matternet delivery-as-a-service agreements in food, retail and healthcare.

  Source
• 2025-09-02 - Funding - Matternet completes $5.71M Series B-3 preferred financing

  The financing began September 2, 2025 at $6.23665 per Series B-3 share. Disclosed participants included 5G Ventures on behalf of Phaistos Investment Fund and CerraCap Growth Fund I. Separate Series B-4 and B-5 shares converted earlier notes and are excluded from the new-cash round amount.

  Source
• 2026-05-22 - Market Signal - Matternet completes reverse merger and announces approximately $33M placement

  The reverse merger with Los Altos Ventures Corp. legally closed on May 22, 2026; Matternet announced the transaction on May 28. The company initially described the oversubscribed placement as approximately $33 million; the later 10-Q recorded $28.7 million gross and $26.2 million net across two closings. New investors named in the announcement included Ed Eisler of EE Holdings and Mark Tompkins of Montrose Capital Partners; this public-company placement is excluded from venture Funding and Investors.

  Source
• 2026-05-19 - Partnership - Amprius and Matternet partner on silicon-anode batteries for drone delivery

  Amprius and Matternet announced a strategic collaboration to improve autonomous aerial delivery using high-energy-density silicon-anode cells. Amprius cells are already deployed in Matternet M2 aircraft, with the companies extending work to Matternet's next-generation platform. The partnership focuses on range, aircraft availability, service-area expansion and cost per delivery as Matternet scales operations.

  Source
• 2026-04-24 - Deployment - Matternet launches NHS medical drone delivery operations in Central London

  Matternet launched medical drone delivery operations for the NHS in Central London using its M2 drone system. The service is delivered in partnership with Apian as part of a broader city-scale medical drone network. The launch marks Matternet’s first operational deployment in the United Kingdom.

  Source
• 2026-03-03 - Market Signal - Matternet raises $6M secured bridge debt before reverse merger

  The six accredited investors received 10% notes due six months after issuance. At the merger, the notes converted into 2,499,998 common shares at $2.40 per share and the accrued interest was forgiven. The noteholders also received warrants for 2,499,998 shares at a $3.00 exercise price.

  Source
• 2024-10-04 - Deployment - Matternet launches home drone delivery service in Silicon Valley

  Matternet launched a commercial drone delivery service for food and small goods in Mountain View and Sunnyvale. The system uses its FAA-certified M2 drone platform with tethered delivery directly to customer homes. The rollout marked expansion from healthcare logistics into consumer-facing last-mile delivery operations.

  Source
• 2023-12-12 - Regulatory - Matternet receives authorization to launch BVLOS drone delivery operations in Berlin

  Matternet received approval from German aviation authorities to operate BVLOS drone delivery networks in Berlin. The network connects hospitals with a central laboratory to transport millions of medical samples annually. The authorization marked one of the first large-scale urban BVLOS medical drone delivery deployments in Europe.

  Source
• 2023-05-30 - Partnership - Matternet and Ameriflight announce operational partnership for U.S. drone delivery networks

  Ameriflight partnered with Matternet to operate drone delivery networks in the United States. The partnership enabled Ameriflight to operate Matternet's M2 drones under FAA Part 135 certification. The collaboration expanded commercial drone logistics operations beyond UPS Flight Forward into broader U.S. markets.

  Source
• 2022-11-30 - Regulatory - Matternet receives FAA Production Certificate for M2 drone delivery system

  Matternet received an FAA Production Certificate allowing it to manufacture its M2 drone delivery system. The certification confirmed compliance with stringent aviation safety and production standards. The milestone enabled scaled production and broader commercial deployment of Matternet's delivery drones.

  Source
• 2022-09-07 - Regulatory - Matternet M2 becomes first delivery drone to receive FAA Type Certification

  The Matternet M2 became the first drone delivery aircraft to receive FAA Type Certification. The certification validated the platform for routine commercial operations in the United States. The milestone established Matternet as a leader in regulatory-compliant drone delivery infrastructure.

  Source
• 2022-06-01 - Funding - Phaistos Investment Fund joins Matternet’s Series B financing

  Matternet Europe was to be based at the Lefkippos Technology Park of the Demokritos research centre. The company’s cloud-managed delivery network used landing and charging stations for urban drone logistics. Matternet reported 20,000 commercial flights across eight cities in the United States, Switzerland, Germany and the UAE.

  Source
• 2019-12-31 - Funding - Matternet raises $5.66M strategic equity financing

  The equity offering began on December31,2019 and had approximately $2.36 million remaining when filed. Matternet separately announced McKesson Ventures as a strategic investor the following day. The company was expanding drone-logistics networks for healthcare customers in the United States and international markets.

  Source
• 2018-06-26 - Funding - Matternet raises USD 16M Series A led by Boeing HorizonX

  Swiss Post, Sony Innovation Fund and Levitate Capital participated in the round. The funding supported U.S. and global expansion of urban drone delivery operations. The capital supports unmanned aircraft, air mobility or counter-drone operations as Matternet moves toward broader commercial use.

  Source
• 2016-07-22 - Funding - Matternet reports approximately $9.5M seed financing

  The equity offering involved 36 investors. Mercedes-Benz Vans disclosed a strategic investment later in the same financing period. Matternet was developing autonomous aerial-logistics systems and its Matternet ONE delivery platform.

  Source

Profile notes

• Swiss Post ended ownership of its drone operation while Matternet continued the service itself

  reviewed 2026-07-18 - Swiss Post used Matternet aircraft for hospital logistics from 2017, but concluded that it could not operate the service widely or profitably under the prevailing regulatory conditions. It transferred the Swiss drone operation to Matternet at the end of 2022.

  Source

Relationships

• SoftBank Robotics America

  Commercialization And Deployment Partner - SoftBank Robotics America and Matternet signed a strategic partnership to commercialize and deploy autonomous drone-delivery networks.

• AVI-SPL

  Autonomous Drone Delivery Partner - Matternet and AVI-SPL are deploying autonomous drone delivery for mission-critical service logistics.

• Beeline UAS

  Partner - Matternet added Beeline UAS to its U.S. operating-partner network.

Comparable profiles

• Flytrex

  comparable profile - Drone Delivery Operator

• Skyports Drone Services

  comparable profile - Drone Delivery Operator

• A2Z Drone Delivery

  comparable profile - Drone Delivery Operator

• Aerialoop

  comparable profile - Drone Delivery Operator

• Redwing Labs

  comparable profile - Drone Delivery Operator · Medical Drone Delivery Operator

• JEDSY

  comparable profile - Medical Drone Delivery Operator

• Wing Aviation

  comparable profile - Drone Delivery Operator

• Connect Robotics

  comparable profile - Medical Drone Delivery Operator

• Haast Autonomous

  comparable profile - Medical Drone Delivery Operator

• Fengyi Technology

  comparable profile - Drone Delivery Operator

• SKYY Network

  comparable profile - Medical Drone Delivery Operator

Context tags

• Autonomous delivery flight - Capability - strongest_10_profile_product_enrichment_2026_05_25
• Aerial delivery networks - Customer Environment - strongest_10_profile_product_enrichment_2026_05_25
• Drone delivery operator - Peer Group - strongest_10_profile_product_enrichment_2026_05_25
• Medical drone delivery operator - Peer Group - strongest_10_profile_product_enrichment_2026_05_25