Pyka
Assembly Line
Pyka Secures $40M Series B to Advance Commercialization of Dual-use Autonomous Electric Aircraft
Pyka, an electric aviation technology leader that designs and manufactures large-scale autonomous electric aircraft, announced a $40M Series B raise. The funding round was led by Obvious Ventures, with participation from both new and existing investors, including Piva Capital, Prelude Ventures, Metaplanet Holdings, and Y Combinator.
Pyka is rapidly commercializing autonomous electric aircraft by applying its technology to many of the world’s most critical flight missions, including agricultural crop protection, commercial cargo transportation, and defense logistics.
The new investment will accelerate Pyka’s growth across its dual-use product line. On the commercial side, it will support further investment in Pyka’s domestic manufacturing capabilities, boost production of its Pelican Spray and Pelican Cargo products, and enable expanded operations with both U.S. and international customers. Additionally, the Series B funds will advance the development of new capabilities to support contested logistics operations for the U.S. Department of Defense and allied partners.
Pyka’s Autonomous Aircraft Soar With 3D Printing Innovation
Pyka’s signature electric aircraft are transforming the future of cargo transportation with faster deliveries, improved safety, and efficiency–from ease in taking off to flying in harsh weather conditions. The expanding product line of the California-based aviation company continues to showcase their impressive vision and versatility, fueled by 3D printing. After mastering design and production of autonomous aircraft for agricultural applications like crop-spraying, Pyka transitioned into developing new solutions for middle-mile cargo transport.