RattanIndia Enterprises Limited has made strategic investment in US based Matternet, a global leader in drone logistics with one of the most extensive drones network in the world. Matternet has developed best-in-class technology for on-demand, aerial delivery in urban environments. The company provides its technology platform-as-a-service to healthcare and logistics organizations.
In March 2017, Matternet became the first company in the world to be authorized for commercial BVLOS operations of drone logistics networks over cities in Switzerland. In March 2019, Matternet and UPS announced a partnership to provide drone delivery services to US healthcare systems, with networks at WakeMed Health in NC and Wake Forest Baptist Health. In October 2019, Matternet's technology enabled the first FAA-Approved Drone Airline in the US, UPS Flight Forward. To date, Matternet technology has enabled 13,000+ commercial revenue drone flights. For more information about Matternet