• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
ConferencesBrainstorm Tech

The CEO of a groundbreaking drone delivery company says the industry demands a whole new layer of infrastructure: ‘Given enough time, it’s going to happen’

By
Stephen Pastis
Stephen Pastis
Down Arrow Button Icon
By
Stephen Pastis
Stephen Pastis
Down Arrow Button Icon
July 12, 2023, 2:36 PM ET
Andreas Raptopoulos, the founder and CEO of Matternet, speaks on stage at Fortune Brainstorm Tech Conference.
Andreas Raptopoulos, the founder and CEO of Matternet, at Fortune's Brainstorm Tech event. Stuart Isett/Fortune

Jeff Bezos promised 10 years ago to color the skies with a fleet of drones that would fly across cities to deliver consumers their every Amazon desire. 

Recommended Video

His prophecy has yet to come true, but Andreas Raptopoulos, the founder and CEO of Matternet, says his company is taking big steps toward that vision of a drone-filled future. Matternet recently became the first non-military drone company to attain the FAA’s “type certification,” which means its entire drone fleet has been vetted by the regulator and is now considered airworthy.

But even with Matternet’s certification, our drone-filled future won’t necessarily be coming to fruition overnight. 

“For drone delivery to happen, you really need to have infrastructure that can support this type of new layer of transportation at scale,” Raptopoulos said Tuesday at the Fortune Brainstorm Tech conference in Deer Valley, Utah.

He said that infrastructure will require comprehensive regulation from airspace regulators. But it also depends on the drones themselves. Commercial delivery will require a safe, airworthy craft to scale. Still, he’s hopeful over the long term. 

“Our vision is that anything that is lightweight and urgent will be transported by the air, and we feel that this is going to be a layer of transportation, a layer of logistics that’s going to be taken for granted by future generations,” Raptopoulos said. 

The company has been operating in Switzerland since 2017, and in 2019, it partnered with UPS  in the U.S. to deliver medical supplies in North Carolina and Florida. 

It’s hard to predict, though, when drones will hit larger consumer markets. Raptopoulos is hoping that new FAA plans for regulations scheduled for release in February of 2024 will give some clarity for the industry to move forward.  

“That’s the next bit of regulation that needs to come into place,” Raptopoulos said.

He believes that eventually, drone delivery will be akin to the internet, humming seamlessly in the background of your life, “magically” delivering products. 

If you’re not the CEO of Matternet, it might seem like only science fiction novels have drones delivering packages instead of the postal workers. But Raptopoulos said someday drones as a common delivery tool won’t just be in novels. 

“Given enough time, it’s going to happen,” Raptopoulos said.

July 12, 2023: This story has been updated to clarify what kind of certification Matternet received from the FAA.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Stephen Pastis
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest from our Conferences

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest from our Conferences

InnovationBrainstorm AI
Backflips are easy, stairs are hard: Robots still struggle with simple human movements, experts say
By Nicholas GordonDecember 11, 2025
3 months ago
ConferencesBrainstorm AI
Exelon CEO: The ‘warning lights are on’ for U.S. electric grid resilience and utility prices amid AI demand surge
By Jordan BlumDecember 9, 2025
3 months ago
AIBrainstorm Design
AI’s reliance on patterns can lead to ‘somewhat mediocre’ results, warns CEO of design consultancy IDEO
By Andrew StaplesDecember 9, 2025
3 months ago
Logo of Fortune Brainstorm AI conference
ConferencesBrainstorm AI
Fortune Brainstorm AI 2025 Livestream
By Fortune EditorsDecember 8, 2025
3 months ago
Workplace CultureBrainstorm Design
How two leaders used design thinking and a focus on outcomes to transform two Fortune 500 giants
By Christina PantinDecember 4, 2025
4 months ago
Workplace CultureBrainstorm Design
Designer Kevin Bethune: Bringing ‘disparate disciplines around the table’ is how leaders can ‘problem solve the future’
By Fortune EditorsDecember 3, 2025
4 months ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.