Walmart Pays $223M for SoCal Cold-Storage Facility
Logistics & TransportationCaliforniaDivestiture
Walmart→State Street
May 28, 2026
Matternet Acquired | Logistics M&A Deal
Announced
Logistics & TransportationOther
Deal Overview
Matternet has completed the acquisition of a logistics other business in California, for $33M. Matternet operates an FAA type-certified drone delivery platform that supports last-mile logistics and automated package transport. The company’s drone logistics network is designed to enable faster, lower-cost delivery operations for logistics providers across U.S. markets. The $33M private placement is part of a go-public transaction, positioning Matternet as a strategic platform for logistics M&A and other acquisition activity.
Key Details
- Target
- Matternet
- Deal Size
- Under $10M
- Reported Value
- $33M
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