Pyka fields interest from defense as $40M round goes to scaling up its electric autonomous planes

Quick Summary:

The fair source concept is designed to help companies align themselves with the “open” software development sphere, without encroaching into existing licensing landscapes.

Norcia admitted that the decision to do defense work was not an easy one to make.“Those conversations came up early and with pretty broad scope.

Autonomous electric aviation startup Pyka is working hard to scale up its crop-dusting and cargo plane lines, but it has attracted a lucrative new suitor: the Pentagon.

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Article Details

Author / Journalist: Devin Coldewey

Category: Technology

Markets: United StatesUkraine

Topics: Startups Fundraising Electric aircraft Transportation Pyka

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 14:01:00 (6 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1400 words

Reading Time: 8 minutes read

Sentences: 61 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22657005

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