JOURNAL ARTICLE

SpaceX Alum's Firm Raises More Cash to Pursue Uncrewed Flights.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: LaPara, Cailley 3 of 3

Abstract

The article focuses on Reliable Robotics Corp., a Silicon Valley startup that recently raised $160 million in funding, bringing its valuation close to $1 billion, to advance regulatory approval of its automated flying technology in the US. The company is working with the Federal Aviation Administration (FAA) to certify its system, which enables aircraft to operate on autopilot—including takeoff and landing—with human oversight. Reliable Robotics has secured a contract with the US Air Force after its fully uncrewed system was deemed airworthy for military use and plans to conduct flight demonstrations for logistics in the Indo-Pacific region. The funding round, led by Nimble Partners and including RTX Ventures, will support scaling engineering efforts to meet commercial demand and enhance aviation safety amid pilot shortages. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2026
  • Accession Number:193143903
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