Reliable Robotics, a California-based autonomous flight startup, has achieved unicorn status following a Series D extension that added $115 million in equity and $25 million in debt. The round now totals $160 million, valued at approximately $1 billion post-money. Capital will fund scaling production of its Reliable Autonomy System for fixed-wing aircraft, advancing FAA certification for uncrewed commercial cargo flights, and hiring. Founded in 2017 by SpaceX and Tesla veterans, the company has raised over $300 million total and counts the Pentagon and NASA among its customers.
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