Coatue joins past investors Lightspeed Venture Partners, Eclipse Ventures, Teamworthy Ventures and Pathbreaker Ventures to bring total fundraising over $133 million. With its innovative airframe independent technology, Reliable's Remotely Operated Aircraft System is designed to expand safe, flexible and efficient air transportation service to more locations. The capital raised enables the company to scale its team to support its first aircraft certification program and expedite the launch of commercial cargo operations.

Reliable Robotics launched in 2017 to bring certified autonomous vehicles to commercial aviation as soon as possible. The company's automation system enables remote operation of any aircraft type and expands access to more locations. Reliable's vision is to transform the way we move goods and people around the planet with safer, more convenient and more affordable air transportation.