M3
Delivery drone under development as part of the Matternet M3 system.
- Unveiled
- Sep 28, 2026


Startup · United States
HQ Mountain View, CAFounded 201151-200 employeesOTCQB:MTTN
Develops drone delivery systems for package transport.
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| May 28, 2026 | Undisclosed | $33.0M | — | EE Holdings, Montrose Capital Partners | — | Confirmed |
| Jun 26, 2018 | Series A | $16.0M | — | Boeing HorizonX Ventures | Levitate Capital, Sony Innovation Fund, Swiss Post | Reported |
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Delivery drone under development as part of the Matternet M3 system.
Historical first-generation Matternet landing station for automated payload and battery exchange.
Historical second-generation Matternet landing station for automated medical payload exchange.
Historical Matternet civilian delivery drone model documented in the company milestones.
Earlier Matternet delivery drone designed for automated battery and payload exchange.
Newest unveiled first. Open a system for its milestone timeline, components and sources.
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| Matternet Mountain View headquarters | Headquarters | Mountain View, CA, United States | Operating | Confirmed |
Founder and Chief Executive Officer
Chief Operating Officer
Director
Head of Safety & Policy
Director
Director
Mountain View, California, United States · full · Engineering
Open when checked · Workable public employer job board
Checked Oct 13, 2026
Mountain View, California, United States · full · Engineering
Open when checked · Workable public employer job board
Checked Oct 13, 2026
Senior Certification Engineer ↗
Mountain View, California, United States · full · Engineering
Open when checked · Workable public employer job board
Checked Oct 13, 2026
Senior Embedded Software Engineer ↗
Mountain View, California, United States · full · Engineering
Open when checked · Workable public employer job board
Checked Oct 13, 2026
Senior Onboard Software Engineer ↗
Mountain View, California, United States · full · Engineering
Open when checked · Workable public employer job board
Checked Oct 13, 2026
Mountain View, California, United States · full · Other
Open when checked · Workable public employer job board
Checked Oct 13, 2026
UAV Ground Support Crew Member ↗
Los Angeles, California, United States · full · Other
Open when checked · Workable public employer job board
Checked Oct 13, 2026
A sample of observed listings, not a total vacancy count. Availability may have changed since collection. Categories are inferred from job titles.
Employee-profile counts reflect LinkedIn profiles associated with the company, not verified headcount. One observation establishes a baseline; it does not establish growth.
Matternet · Sep 21, 2026 · Supports Organization · ownership, Organization · ticker
“Matternet, Inc. (OTCQB:MTTN)”
Sixth-Domain · Supports Organization · kind
“{"group": "startups", "id": "94d94c5f-1766-41bc-b57f-eed1310ea7f9", "name": "Matternet"}”
Crunchbase · Supports Organization · status
“operating_status: active”
Matternet · Supports Organization · description, Organization · name, Organization · website
“We have built one of the most advanced drone delivery systems in the industry — the world’s only with FAA Type Certification . Our work is transforming delivery in food , retail , and healthcare in developed economies and has initiated a leapfrog in new economies . Get connected to Matternet, the new Network for Matter.”
Matternet · Sep 28, 2026 · Supports System
“- **M3 Aircraft:** an autonomous drone designed to carry packages weighing up to 11 pounds within a 10-mile service radius. Its cargo bay accepts ordinary merchant packaging, including food and retail bags and boxes, and supports specialized configurations for healthcare and industrial payloads. - **M3 Dock:** stores and charges the aircraft between flights and can be installed on rooftops or at ground level. - **M3 Portal:** a low-cost, off-grid drop-box where senders can deposit multiple packages at once for asynchronous pickup. Its freestanding design is intended to simplify installation and speed deployment.”
Matternet · Supports System
“M1 Drone Matternet unveils its M1 Drone System. Designed for ease of use, the Matternet M1 becomes the first purpose-built civilian delivery drone system.”
Matternet · Supports System
“The Matternet Software Platform. Matternet’s proprietary software platform for operating Matternet networks. Receives customer requests, generates routes, monitors, commands and controls all operating Matternet assets.”
Matternet · May 28, 2026 · Supports Funding round, Organization · legal name
“today announced that it has raised approximately $33 million in an oversubscribed private placement offering”
The Wall Street Journal · Jun 26, 2018 · Supports Funding round
“has raised $16 million in Series A financing led by Boeing HorizonX Ventures.”
Matternet · Supports Facility, Organization · country, Organization · x url
“355 Ravendale Drive Mountain View, California 94043, USA”
finance.yahoo.com · Supports Role
“"As we enter the era of physical AI, we believe 2026 is the inflection point for drone delivery in the United States," said Andreas Raptopoulos, Founder and Chief Executive Officer of Matternet.”
Matternet · Supports Role
“Alexander Norman-Elvenich has served as Matternet's Chief Operating Officer since October 2025.”
Matternet · Supports Role
“Matternet Appoints Starbucks EVP Sanjay Shah to Board of Directors”
LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization metric · employees in linkedin, Organization metric · followers
“company_size: 51-200 employees”
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