Matternet Launches OTCQB Trading for Drone Delivery Expansion

News related to:Matternet · 2 min read

MOUNTAIN VIEW, Calif., Sept. 21, 2026 /CourierPR/ -- Matternet, the world’s only FAA Type-Certified drone delivery platform, today announced its common stock has qualified to trade on the OTCQB Venture Market under the ticker symbol “MTTN.” The company, which is the leading autonomous aerial logistics technology company, is set to broaden its visibility and access to the capital markets as it prepares to launch its next-generation drone delivery platform and expand commercial operations across food, retail, healthcare, and industrial logistics.

As we enter the era of physical AI, Matternet believes 2026 is an inflection point for drone delivery in the United States. In the next few years, the company believes drone delivery will become part of the infrastructure we all rely on to receive everyday goods. Now that its shares are trading, Matternet can bring public investors into this opportunity as it builds what it believes will become an essential layer of transportation infrastructure.

The commencement of OTCQB trading builds on Matternet’s recently announced oversubscribed private placement and a series of significant corporate milestones, including launching drone delivery operations for the UK’s National Health Service; entering into a strategic partnership with SoftBank Robotics America to scale drone delivery networks; appointing Sanjay Shah and Sanjay Kotte to its Board of Directors, bringing leadership experience from companies including Starbucks, Tesla, Amazon, and DoorDash; and expanding its network of FAA Part 135 operating partners to support the continued scale-up of its commercial drone delivery operations across the United States.

In 2014, Matternet launched drone delivery missions in humanitarian settings. In 2017, the company entered the B2B healthcare market in Europe, and in 2019, it expanded into the B2C drone delivery operations in Silicon Valley. To date, Matternet’s technology has enabled more than 60,000 commercial flights across dense urban and suburban environments in the U.S. and Europe.

Matternet is a leading developer of commercial drone delivery systems for urban and suburban environments. The company builds the Matternet M2 drone, the Matternet Station, and the Matternet Software Platform and operates its technology directly for customers or in partnership with logistics organizations such as UPS. Matternet has achieved many industry firsts, including being the first company authorized for commercial Beyond Visual Line of Sight (BVLOS) drone delivery operations over cities in Switzerland, the first to launch routine revenue-generating drone delivery operations in the U.S., and the first to achieve standard Type Certification and Production Certification from the U.S. Federal Aviation Administration (FAA). Matternet is partnered with UPS Flight Forward, Ameriflight, and Beeline UAS for operations under Part 135. Matternet has operated commercially for more than a decade, beginning with humanitarian drone delivery missions in 2014, launching B2B healthcare operations in Europe in 2017 and the U.S. in 2019, and expanding into B2C drone delivery operations in Silicon Valley in 2024.

Matternet’s OTCQB trading is expected to broaden its visibility and access to the capital markets as the company prepares to launch its next-generation drone delivery platform and expand commercial operations across food, retail, healthcare, and industrial logistics. The company’s shares are now trading under the ticker symbol “MTTN.”

The OTCQB quotation is expected to broaden Matternet’s visibility and access to the capital markets as the Company prepares to launch its next-generation drone delivery platform and expand commercial operations across food, retail, healthcare, and industrial logistics.

Start filing today

One press release free every week. No card required.

Create a free account