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Dependable Robotics will initially develop small autonomous cargo planes. | Credit score: Dependable Robotics
Dependable Robotics, a Mountain View, Calif.-based developer of autonomous flight know-how, raised $100 million in Sequence C funding at this time. Based in 2017, Dependable Robotics has now raised greater than $133 million.
Dependable stated the funding will assist it scale its crew because it gears as much as certify and commercialize its Remotely Operated Plane System. The corporate claims its know-how will allow safer, extra handy, and extra inexpensive transportation of products and, ultimately, individuals. Dependable first demonstrated gate-to-gate, totally automated operation of a Half 23 plane. It’s now working in the direction of commercialization of applied sciences for Half 23 cargo and Half 25 passenger planes.
Its know-how handles all phases of flight, together with taxi, takeoff, touchdown and parking. Licensed pilots remotely supervise every flight from a management middle. The system has the potential to autoland on smaller airstrips in rural or distant areas with out requiring costly infrastructure to be put in and maintained.
Dependable has acquired key authorizations from the Federal Aviation Administration (FAA) for the flight of experimental unmanned plane. In 2019, it carried out a totally autonomous flight on a Cessna 172 Skyhawk with out an onboard pilot. And in 2020, accomplished an automatic flight between two airports, 200 miles aside, this time with an engineer and pilot on board for security assurance.
It additionally has a partnership with NASA as a part of the Superior Air Mobility Nationwide Marketing campaign to additional real-world flight testing of its system.
“We admire our public-private partnership with the FAA and NASA as we work to combine our Remotely Operated Plane System into the airspace. We intend to convey unprecedented security and reliability to at this time’s industrial plane,” stated Robert Rose, Co-founder and CEO of Dependable Robotics. “Shut collaboration with our public establishments, robust backing from visionary traders and eager curiosity inside the cargo business additional accelerates our mission to increase everybody’s entry to air transportation.”
Dependable stated its know-how will assist unlock entry to 1000’s of underutilized regional and municipal airports within the U.S. The corporate stated it’s planning to increase its know-how to bigger airframes and assist rising electrical and hybrid electrical platforms and ultimately passenger plane.
“Automated plane current a large alternative to remodel the cargo business over the following a number of years,” stated Jeff Drees, former co-owner and chief industrial officer of Ameriflight, a regional air cargo provider. “Remotely piloted cargo supply offers an enormous benefit with low price, anytime, wherever flights that enhance plane utilization and availability.”
The Sequence C funding spherical was led by Coatue Administration. Coatue joined previous traders Lightspeed Enterprise Companions, Eclipse Ventures, Teamworthy Ventures and Pathbreaker Ventures within the spherical.
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