Reliable Robotics Secures $115M Funding at Over $1B Valuation
Reliable Robotics, an autonomous aviation startup co-founded by former SpaceX executives, has secured a $115 million funding round that pushes its valuation beyond $1 billion. The financing is part of the company's Series D extension and includes both equity led by Nimble Partners ($90M) and debt from Silicon Valley Bank ($25M). With total raised capital now at $380 million, Reliable Robotics aims to achieve FAA certification for its autonomous flight systems — a key milestone in bringing self-flying aircraft into commercial use. The company is working on four major certifications: continuous autopilot engagement (expected within 18–24 months), pilotless ground-control operations (at least three years away), solid-state collision-avoidance radar, and certification for its airline. The latter will operate using Cessna Caravans in Albuquerque to transport cargo autonomously once approved. Reliable Robotics has developed proprietary technologies such as a high-resolution, low-maintenance radar system with no moving parts — an innovation aimed at improving safety across the aviation industry.
Topics: autonomous flight FAA certification Series D funding startup valuation
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