RattanIndia Enterprises to invest in US based drone logistics platform Matternet

Stattimes20 Aug, 2021News

RattanIndia Enterprises Ltd. (?REL?) an electric power distribution company announces a strategic investment in US based Matternet, the world?s most extensive urban drone logistics platform. With this investment, REL has forayed into the deep-tech Unmanned Aerial Vehicle (UAV) industry, which is set to transform logistics ecosystems worldwide. Matternet, based out of Silicon Valley counts Boeing, Mercedes-Benz, McKesson Ventures and Sony as investors.

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