Merlin's AI Pilot Takes Flight as Company Debuts on Nasdaq at $1B Valuation
Merlin, a Boston-based autonomous flight company, began trading on the Nasdaq on March 17, 2026. The move follows a merger that pushed its valuation to around $1 billion. Its flagship product, the AI-powered Merlin Pilot system, aims to revolutionise both civil and military aviation with full-flight autonomy. The company’s public debut came after merging with Inflection Point Acquisition Corp. IV. This deal raised over $200 million in gross proceeds and increased Merlin’s valuation from $800 million to $1 billion.
Merlin’s core technology is the Merlin Pilot system, designed to handle every phase of flight—from takeoff to landing—across different aircraft. The AI-driven software manages obstacle avoidance, airspace rules, and even real-time communication with air traffic control using voice and natural-language interfaces. In civil aviation, the system is being adapted for cargo flights, starting with the Cessna Grand Caravan. Meanwhile, military applications focus on reducing crew requirements, including fully uncrewed operations for defence customers.
With its Nasdaq listing and expanded funding, Merlin is now positioned to scale its autonomous flight technology. The system’s ability to operate across civil and military sectors could reshape how aircraft are piloted. The company’s next steps will likely focus on certification and broader adoption of its AI-driven solutions.