[KongchangAI]
Company

Reliable Robotics

A U.S. aviation autonomy startup founded in 2017 that focuses on retrofitting existing aircraft types with automated flight systems. It initially concentrated on cargo operations, and its founders came from SpaceX.

Timeline (last 90 days)

Oct 20

Reliable Robotics' Series D funding added $115 million in equity financing and $25 million in debt financing.

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Oct 20

Reliable Robotics' valuation surpassed $1 billion, making it a unicorn.

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Oct 20

Reliable Robotics was founded by former SpaceX employees.

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Oct 20

Reliable Robotics was founded in 2017.

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Oct 20

Reliable Robotics' core product is an autonomous flight system that can be retrofitted onto existing aircraft models, rather than building new aircraft from scratch.

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Oct 20

The company initially focused on cargo scenarios.

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Oct 20

The funds will be used to advance airworthiness certification and commercialization of its autonomous flight system.

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All Facts (7)

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