CEO: Andreas Raptopoulos
Headquarters: Mountain View, California
URL: www.matternet.com
June 2026
APO Financing: $34,500,000

Matternet is a leading developer of commercial drone delivery systems for urban and suburban environments. The company builds the Matternet M2 drone, the Matternet Station, and the Matternet Software Platform and operates its technology directly for customers or in partnership with logistics organizations such as UPS. Matternet has achieved many industry firsts, including being the first company authorized for commercial Beyond Visual Line of Sight (BVLOS) drone delivery operations over cities in Switzerland, the first to launch routine revenue-generating drone delivery operations in the U.S., and the first to achieve standard Type Certification and Production Certification from the U.S. Federal Aviation Administration (FAA). Matternet is partnered with UPS and Ameriflight, which have received approval from the FAA to operate the Matternet M2 under Part 135. Matternet has operated commercially for more than a decade, beginning with humanitarian drone delivery missions in 2014, launching B2B healthcare operations in Europe in 2017 and the U.S. in 2019, and expanding into B2C drone delivery operations in Silicon Valley in 2024. To date, Matternet’s technology has enabled more than 60,000 commercial flights across dense urban and suburban environments in the U.S. and Europe.