The safety pilot has his hands off the controls during an Xwing demonstration flight. Image Credits: Xwing
Xwing has scored another win two months after it completed its first gate-to-gate autonomous demonstration flight of a commercial cargo aircraft. The company said Thursday it has raised $40 million at a post-money valuation of $400 million.
The company is setting its sights on expansion – not only tripling its engineering team, but eventually running regular fully unmanned commercial cargo flights.
Xwing has been developing a technology stack to convert aircraft, including a widely used Cessna Grand Caravan 208B, to function autonomously. But it’s had …
