What Happened
Mountain View Startup Advances Toward FAA Certification
Reliable Robotics, a Mountain View, California-based startup, has secured $115 million in funding to advance its autonomous flight system. The financing, an extension of its Series D round, brings the startup’s valuation beyond $1 billion. With this investment, Reliable Robotics is pushing to get its system certified by the FAA, a critical milestone that co-founder and CEO Robert Rose says the company is nearing. The startup is working on four certifications, including continuous autopilot engagement and collision-avoidance radar, with the goal of achieving full autonomous flight. This development was first reported by TechCrunch.