Friday, 24 March, 2023

Pyka bags $37M funding to build autonomous cargo planes

<p>Pyka has announced that they have raised $37M in funding in their latest Series A financing round. The company has released several of its Pelican aircraft since its $11M funding in 2019. The funding will contribute to their work on the cargo-carrying Pelican which is expected to carry around 400 pounds of payload and travel upto 200 miles. The company is targeting the Pelican Cargo to be working in four months with a fully working model delivery by the end of the year.&nbsp;</p>