Matternet deal opens 2,300 hospitals to a drone the FAA hasn't cleared. DroneXL may earn a commission when you buy through links on its site. As an Amazon Associate I earn from qualifying purchases. The Matternet M3 aircraft and its dock, the system TransLogic will sell into its hospital customer base. Photo credit: Matternet Matternet will sell its M3 drone delivery system through TransLogic, the Swisslog Healthcare unit whose pneumatic tube systems run inside more than 2,300 North American hospitals, including 18 of the top 20 U.S. hospitals, under a partnership the two companies announced Thursday morning. TransLogic's sales team becomes a distribution channel for the M3 across its customer base of more than 3,000 hospitals worldwide. The first deployments target hospital systems in California, Florida and Arizona during the partnership's first year. The pitch is one automated network that runs from the tube station inside a hospital to the satellite buildings outside it, with the drone carrying medication, lab specimens and urgent supplies between buildings that couriers drive between today. The aircraft the deal is built around has no FAA type certificate. Matternet unveiled the M3 on September 28 with commercial service targeted for the second half of 2027. TransLogic sells the M3 to its tube customers and may install it too. The agreement makes TransLogic's sales team the channel for Matternet's M3 systems into hospitals that already buy its pneumatic tube, pharmacy automation and specimen tracking products. The two companies also plan to explore having Swisslog Healthcare's field service organization install, support and maintain Matternet's docks at hospital sites. The M3 carries up to 11 pounds (5 kg) within a 10-mile (16 km) service radius and flies without anyone on site. Between flights it sits in the M3 Dock, which Matternet says fits on a hospital rooftop or any other unused space. Spread across a health system, the docks tie its buildings into one on-demand network, per Thursday's release. Swisslog Healthcare is the hospital arm of German robot maker KUKA, with more than 1,000 employees. TransLogic, based in Westminster, Colorado, builds the tube systems in the United States. Cory Kwarta, CEO of Swisslog Healthcare, said hospitals have automated what happens inside their walls for years, and "this partnership extends that automation to everything outside them." Matternet founder and CEO Andreas Raptopoulos described a lab specimen flying from a remote clinic to a central lab by drone, then riding the tube inside the hospital to its bench. "End-to-end automation will define the future of hospital logistics," he said. The release names no hospital and puts no price or order count on the deal. The M2 flies hospital routes today and earned $121,439 last reported quarter. Matternet booked $121,439 in revenue for the quarter ended June 30. The 10-Q it filed on August 19 puts the nine months to that date at $255,564. All of it came from Matternet M2 operations, the only delivery drone with a standard FAA type certificate. The Matternet M2, the aircraft that flies Matternet's hospital routes today and the only delivery drone with a standard FAA type certificate. Photo credit: Matternet Matternet has flown for health systems since 2017 in Switzerland and since 2019 in the United States, where it started with WakeMed in Raleigh, North Carolina, and added Wake Forest Baptist Health in 2020. Those U.S. flights are flown by UPS Flight Forward and Ameriflight under their Part 135 certificates, because Matternet holds none of its own, and the filing says some customer programs depend on a single operator. One customer produced 80% of the nine months' revenue. The same filing says the company lost $15.1 million over those nine months, held $23.1 million in cash on June 30, and expects that cash to run out within a year of the filing under its current plan, which raises spending on the M3. Management says it can defer some of that spending, but not enough to close the gap, and it concluded that substantial doubt exists about the company's ability to continue as a going concern, and said it plans to raise more money through debt or equity. Matternet went public in June through a $33 million reverse merger and has since named SoftBank Robotics America, Amprius, Beeline UAS, AVI-SPL, Dave's Hot Chicken and Apian as partners. None of those announcements carried a dollar figure either. The M2's type certificate took 22 months from proposed airworthiness criteria to issuance, and as of Thursday the Federal Register holds no criteria for an M3. The BVLOS rule that would let hospital routes scale without case-by-case waivers, Part 108, sits unsigned too. DroneXL's take. I think this is the best distribution deal Matternet has ever signed, and it is a sales channel for an aircraft that does not yet exist in the FAA's eyes. A tube-system rep who already walks the loading dock at 2,300 hospitals is worth more than any launch partner on the list above, because hospital logistics directors buy from the vendor they already have a service contract with. Swisslog Healthcare installing and maintaining the docks would close the biggest gap in Matternet's U.S. model, where someone else has flown every commercial route since 2019. But 2,300 hospitals is a call list, not an order book. The product the reps will sell has no certificate and no flights before late 2027 by Matternet's own calendar. The product that can fly today has been in U.S. hospitals since 2019 and brought in $121,439 in the last reported quarter, and the release names only the M3 without saying which aircraft flies the first-year deployments. My read is that this deal was priced for the fundraising the 10-Q says is coming, not for 2027 revenue. Matternet's fiscal year closed September 30, so the 10-K due this winter is where a signed hospital or a dock order would first show up, and the drone delivery tracker will log the first one that does. DroneXL uses automated tools to support research and source retrieval. All reporting and editorial perspectives are by Haye Kesteloo. Read its editorial standards. Editor-in-Chief Haye Kesteloo is the Editor in Chief and Founder of DroneXL.co, where he covers all drone-related news, DJI rumors and writes drone reviews, and of EVXL.co, for all electric vehicle news. Haye can be reached at haye @ dronexl.co or @hayekesteloo. 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Matternet and Swisslog Healthcare's TransLogic have partnered to bring drone delivery to hospitals, linking in-building pneumatic tube systems with aerial delivery between facilities. In the first year, the companies will work to launch drone delivery for hospital systems in California, Florida, and Arizona. The service uses Matternet's M3 drone, which carries packages up to 11 pounds within a 10-mile radius and flies fully autonomously. Its dock can be installed on a hospital rooftop. TransLogic's sales team will distribute M3 systems to its more than 3,000 hospital customers worldwide, including over 2,300 in North America. The companies will also explore installation, support, and maintenance services. "End-to-end automation will define the future of hospital logistics," said Andreas Raptopoulos, Matternet's founder and chief executive officer.

Matternet partners with Swisslog Healthcare's translogic to bring Drone Delivery to thousands of North american hospitals. Discover more agricultural Agriculture Agricultural * Swisslog Healthcare's automated transport systems operate in more than 2,300 hospitals in North America, including 18 of the top 20 U.S. hospitals * Network will deliver medication, laboratory specimens, and urgent supplies between hospital facilities * First U.S. deployments target California, Florida, and Arizona MOUNTAIN VIEW, Calif and WESTMINSTER, Colo., Oct. 29, 2026 (GLOBE NEWSWIRE) - TransLogic, a Swisslog Healthcare company and a leading supplier in transport automation for hospitals, and Matternet, Inc. (OTCQB: MTTN), a leading developer of autonomous drone networks for ultra-fast, low-cost, and zero-emissions delivery, have partnered to close the last-mile gap in hospital logistics. For the first time, healthcare systems will gain access to a single automated transportation network that extends from the pneumatic tube station inside a hospital to the satellite facilities outside it, replacing fragmented manual deliveries. A New Standard for Hospital Logistics Until now, hospitals have managed the movement of medications, laboratory specimens, and critical supplies in two disconnected ways. Swisslog Healthcare automates delivery inside hospital buildings through pneumatic tube systems, pharmacy automation, and specimen tracking. Matternet automates the same movement between facilities by air. "For years, hospitals have automated what happens inside their walls. This partnership extends that automation to everything outside them," said Cory Kwarta, CEO of Swisslog Healthcare. "Connecting our network with Matternet's aerial delivery platform is a meaningful step forward for hospitals and the patients they serve." Partnership Details Discover more Search Jobs During the first year of the partnership, the two companies will work together to bring drone delivery to hospital systems in California, Florida, and Arizona. The collaboration centers on Matternet's next-generation M3 drone delivery platform, which carries packages up to 11 pounds within a 10-mile service radius and operates fully autonomously. Between flights, the M3 Aircraft is stored and charged in the compact M3 Dock, which can be installed on a hospital rooftop or other underutilized space. Deployed across a health system, Matternet's M3 drone delivery system complements Swisslog's tube network, connecting hospitals, labs, pharmacies, and clinics into a single on-demand delivery network. Matternet has operated drone delivery for health systems since 2017 in Europe and 2019 in the U.S., transporting lab samples, vaccines, pathology specimens, specialty pharmaceuticals, and a continuously expanding set of payload types. As part of the agreement, the TransLogic sales team will serve as a distribution channel for M3 systems into TransLogic's established customer base of 3,000+ hospitals globally, including more than 2,300 in North America. Every day, major hospitals need to move hundreds of small packages - like medications, laboratory specimens, and supplies - urgently between facilities, often relying on ground couriers that can be costly and slow. With this partnership, Matternet's goal is to help make drone delivery available to every hospital across the country, moving items across healthcare campuses and beyond. The two companies will also explore expanding the partnership to include installation, support, and maintenance services, with Swisslog Healthcare's field service organization performing installation work for Matternet infrastructure at hospital sites. Expanding the Reach of Drone Delivery "Swisslog Healthcare has been a leader in automated hospital transport for decades. This partnership gives us the ability to bring the benefits of drone delivery directly into the more than 3,000 hospitals worldwide that depend on Swisslog tube systems," said Andreas Raptopoulos, Founder and CEO of Matternet. "A lab specimen may be shipped from a remote clinic to a central lab by a drone and then travel by pneumatic tube inside a hospital to its destination. End-to-end automation will define the future of hospital logistics." About TransLogic TransLogic, a Swisslog Healthcare company, builds on its 100 years of operational technology expertise to reliably automate the delivery of critical items and leverage innovations which transcend industry standards in transport automation. TransLogic products are manufactured in the USA, resulting in nominal supply chain issues, fewer shipping delays, and quality controls which meet North America's standards. Learn more about TransLogic solutions at translogic.com. FindSuppliers Discover more Book Ranch Stays About Swisslog Healthcare Swisslog Healthcare provides pharmacy workflow automations through robotic solutions and operational technology that enable hospitals and health systems to assist providers in treating patients across the continuum of care. Integrating transport and pharmacy automation, value-added services, and intelligent software, Swisslog Healthcare enables healthcare providers to respond to patients' needs quickly and with greater accuracy. The company minimizes many sources of operational waste, so providers achieve higher levels of productivity to impact the well-being of patients in positive ways. For more information, visit www.swisslog-healthcare.com. About Matternet Matternet is a leading developer of commercial drone delivery systems for urban and suburban environments. Its M2 platform is the only drone delivery system to achieve standard Type Certification and Production Certification from the U.S. Federal Aviation Administration, and M3 is its next-generation platform designed for end-to-end autonomous aerial delivery at scale. Matternet's technology also includes automated ground infrastructure and the Matternet Software Platform, and is operated 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 and, with UPS Flight Forward, the first to launch routine revenue-generating drone delivery operations in the U.S. Matternet has more than a decade of operating experience, 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. FindSuppliers Additional information about Matternet, including SEC filings and investor materials, is available at investor.matternet.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections based on management's beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different from expectations. Forward-looking statements relate to, among other things, the Company's intent to scale its drone delivery system, expand commercial availability across restaurant, retail, healthcare and industrial logistics markets, advance and commercialize its next-generation autonomous delivery platform, the targeted specifications and installation requirements of M3, the expected performance and timing of M3 testing, customer pilots and commercial service, the regulatory approvals required for M3, its plans to scale manufacturing capacity, and its customer and strategic partnerships, as well as other plans, objectives, expectations, business strategy, growth opportunities, market opportunity, commercial expansion, regulatory developments, financing plans, and future operating performance. Important factors that could cause actual results to differ materially from those expressed or implied include, among others, risks related to the Company's ability to complete the development, testing and certification of M3, achieve M3's targeted specifications and performance, scale commercial operations, obtain and maintain regulatory approvals, including site and local approvals for its ground infrastructure, manufacture and deploy its technology at scale, secure customer contracts and partnerships, access capital on acceptable terms to fund its operations and M3 development, compete effectively, and execute its business plan, as well as other factors detailed from time to time in the reports the Company files with the SEC, including the risk factors in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Copies of reports filed with the SEC are posted on the Company's website and are available without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, the Company disclaims any obligation to update these forward-looking statements to reflect future events or circumstances. Media Contacts: TransLogic Sofia Ashley 10 to 1 Public Relations [email protected] (480) 468-3349 Sadie Peltz 10 to 1 Public Relations [email protected] (480) 524-9899 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Agrigate Global takes no editorial responsibility for the same.