News / Matternet drives forward with drone delivery projects as India relaxes operating rules

Source Matternet.

With a fresh domestic investor coming on board, drone operator Matternet is poised to expand into India.

The company sees huge potential in the healthcare arena it has focused on, but down the road, management wants to diversify into other sectors.

Last Tuesday, the board of RattanIndia Enterprises (RE), a large tech provider that focuses primarily on healthcare, decided to make a strategic investment in Silicon Valley-based Matternet, joining other investors including Boeing, Mercedes and Sony.

It said: “With this investment, REL has ...