Close Menu
TechBrunchTechBrunch
  • Home
  • AI
  • Apps
  • Crypto
  • Security
  • Startups
  • TechCrunch
  • Venture

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Get the exhibition tables on TechCrunch Confuse 2025

July 9, 2025

Avoid the pitfalls that stall startup funding with TC at every stage

July 9, 2025

Google brings gemini to wear OS watches and adds AI modes to circles to search

July 9, 2025
Facebook X (Twitter) Instagram
TechBrunchTechBrunch
  • Home
  • AI

    OpenAI seeks to extend human lifespans with the help of longevity startups

    January 17, 2025

    Farewell to the $200 million woolly mammoth and TikTok

    January 17, 2025

    Nord Security founder launches Nexos.ai to help enterprises move AI projects from pilot to production

    January 17, 2025

    Data proves it remains difficult for startups to raise capital, even though VCs invested $75 billion in the fourth quarter

    January 16, 2025

    Apple suspends AI notification summaries for news after generating false alerts

    January 16, 2025
  • Apps

    Google brings gemini to wear OS watches and adds AI modes to circles to search

    July 9, 2025

    Gmail's new “Manage Subscriptions” tool helps you organize your inbox

    July 8, 2025

    OneText raises $4.5 million from Khosla's Y Combinator and reinvents textual shopping

    July 8, 2025

    The ordinance reports that it will release a US-specific version of Capcut

    July 8, 2025

    The latest update for Mastodon prepares quote posts, Revamps Design app

    July 8, 2025
  • Crypto

    Vitalik Buterin reserves for Sam Altman's global project

    June 28, 2025

    Calci will close a $185 million round as rival Polymeruk reportedly seeks $200 million

    June 25, 2025

    Stablecoin Evangelist: Katie Haun's Battle of Digital Dollars

    June 22, 2025

    Hackers steal and destroy millions of Iran's biggest crypto exchanges

    June 18, 2025

    Unique, a new social media app

    June 17, 2025
  • Security

    Get the exhibition tables on TechCrunch Confuse 2025

    July 9, 2025

    How to protect your mobile number from SIM swap attacks

    July 9, 2025

    The US government has confirmed Covid research and arrests of Chinese citizens accused of stealing mass hacking email servers

    July 8, 2025

    After PC player was hacked, Activision defeated the Call of Duty game, sources say

    July 8, 2025

    Marks & Spencer's Chair refuses to say whether retailers paid hackers after ransomware attack

    July 8, 2025
  • Startups

    7 days left: Founders and VCs save over $300 on all stage passes

    March 24, 2025

    AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

    March 24, 2025

    20 Hottest Open Source Startups of 2024

    March 22, 2025

    Andrill may build a weapons factory in the UK

    March 21, 2025

    Startup Weekly: Wiz bets paid off at M&A Rich Week

    March 21, 2025
  • TechCrunch

    OpenSea takes a long-term view with a focus on UX despite NFT sales remaining low

    February 8, 2024

    AI will save software companies' growth dreams

    February 8, 2024

    B2B and B2C are not about who buys, but how you sell

    February 5, 2024

    It's time for venture capital to break away from fast fashion

    February 3, 2024

    a16z's Chris Dixon believes it's time to focus on blockchain use cases rather than speculation

    February 2, 2024
  • Venture

    Avoid the pitfalls that stall startup funding with TC at every stage

    July 9, 2025

    European VCs break taboos by investing in pure defense technology from the Ukrainian war zone

    July 9, 2025

    Drive Capital's Columbus Gambling is Benefiting

    July 8, 2025

    Wayve's Alex Kendall brings the future of autonomous AI to 2025

    July 8, 2025

    Learn how Team Intelligence drives better product construction with TC, and all stages

    July 8, 2025
TechBrunchTechBrunch

Pika raises $40M to scale electric autonomous aircraft after attracting interest from defense industry

TechBrunchBy TechBrunchSeptember 23, 20245 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Telegram Email


As autonomous electric aviation startup Pyka works hard to expand its lineup of crop dusters and cargo planes, it's also garnering interest from a new and attractive target: the Department of Defense. The promise of climate-friendly, dual-use autonomous aircraft has also enticed investors, leading to a new $40 million B round of funding.

Pyka was founded in 2019 to specialize in crop dusting, a vital yet very old-fashioned business that you may not personally see very often. The company's lightweight, compact, electric Pelican aircraft are designed to autonomously spray pesticides over large areas, relieving human pilots and remote-controlled operators of dangerous and tedious work.

While the passenger version worked for a time, the company decided that a cargo version of the Pelican would be more practical in the short term after raising capital in 2022.

“It took about 10 months from rendering to first flight. It was very exciting. It was very fast,” said co-founder and CEO Michael Norcia. At the time, their main goal was inter-island commerce, a market typically served by slow ships and older planes, which means high costs and long lead times. Small, autonomous aircraft that can quickly jump over puddles with 400 pounds of cargo every day could transform many island communities.

Image credit: Pyka

But the cargo version caught the attention of a customer that Norcia hadn't yet considered a realistic possibility: the Department of Defense.

“When we initially developed this product, our focus was purely on commercial use cases. We quickly realized there was a lot of interest and need for this product within the defense industry,” Norcia said. “It was a surprise to us.”

“We always wondered whether our class of vehicle could be used in defense logistics,” he explained. “Would it be big enough? Would it be okay if it couldn't hover? But I think the war in Ukraine has changed everyone's thinking about autonomous systems in defense, logistics and problem solving. It wasn't clear when we started, but now it feels like logistics is going to be 100% automated by default!”

As military and general government procurements move away from the eight-figure, custom-built “elaborate” systems that may exist five years from now and toward cheaper, more flexible solutions that exist today, it's not hard to imagine the utility of a fleet of cargo-carrying drones.

Pica is not a military contractor, but he is working with aerospace veteran Sierra Nevada to make the modifications needed to make such planes useful on battlefields and in conflict zones. He said the modifications are mostly electronics, not adding guns or armor plating. The military version of the plane is called the Rum Runner.

Norcia acknowledged that the decision to go into defense work was not an easy one.

“Those conversations were pretty extensive early on, and while it's not in line with what everyone at the company wants to spend their days doing, it's something I've been trying to think about deeply,” he said. “The good news is that automating logistics has some pretty positive outside effects. I'm a proponent of having robots moving things that might get shot down by other robots, whereas the status quo is that you have vehicles with people in them that get shot down by other people.”

He points out that governments and the military have a long history of subsidizing aviation research and development, which is entirely true — in fact, most people are surprised to learn that a huge amount of basic research across many disciplines is funded through Department of Defense grants.

“There's an existential element to it. Aviation is a very significant industry to be in. There are high regulatory hurdles and it's extremely risky, so neither of those things are good news for early-stage startups that are trying to make money,” Norcia said. In other words, they weren't necessarily in a position to say no. [Pelican Cargo] “Right now, aircraft deliveries and revenues are tied to defense partners, and we expect that to remain the case for probably several years to come. Over the next five to 10 years, the case for commercial use will likely become stronger, but there will still be regulatory constraints.”

Image credit: Pyka

That doesn't mean they're not working on it: their commercial efforts continue, and the new funding will help them scale up manufacturing after years of tweaking and improving the design in response to customer feedback.

Norcia said that despite ceasing passenger aircraft development, all of their work ultimately serves that market.

“We're making progress!” he said. “That's still our goal. We want to be successful in industrial applications and then leverage that data advantage and cash flow to build vehicles that carry passengers. That's the legacy we want to leave at Pyka.”

The $40 million B round was led by Obvious Ventures, with participation from Piva Capital, Prelude Ventures, Metaplanet Holdings and Y Combinator.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025

Startup Weekly: Wiz bets paid off at M&A Rich Week

March 21, 2025

Wayve CEO shares his key elements for scaling autonomous driving technology

March 21, 2025

Leave A Reply Cancel Reply

Top Reviews
Editors Picks

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025
About Us
About Us

Welcome to Tech Brunch, your go-to destination for cutting-edge insights, news, and analysis in the fields of Artificial Intelligence (AI), Cryptocurrency, Technology, and Startups. At Tech Brunch, we are passionate about exploring the latest trends, innovations, and developments shaping the future of these dynamic industries.

Our Picks

Get the exhibition tables on TechCrunch Confuse 2025

July 9, 2025

Avoid the pitfalls that stall startup funding with TC at every stage

July 9, 2025

Google brings gemini to wear OS watches and adds AI modes to circles to search

July 9, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2025 TechBrunch. Designed by TechBrunch.
  • Home
  • About Tech Brunch
  • Advertise with Tech Brunch
  • Contact us
  • DMCA Notice
  • Privacy Policy
  • Terms of Use

Type above and press Enter to search. Press Esc to cancel.