A new zero-emission autonomous electric cargo plane was unveiled Monday that could be a game changer in the shipping industry. The electric plane is the largest zero-emission cargo aircraft, featuring “unprecedented payload and range capabilities.”
Founded in 2017 in CEO Michael Norcia’s parent’s garage, Pyka is now a leader in electric unmanned aerial vehicle (UAV) technology.
Initially, the focus was on crop spraying rather than cargo, with fewer regulations and hurdles to clear. After raising a $3 million round in March 2018 from Y Combinator, a tech startup accelerator, Pyka set up to design and build its first product, the “Egret.”
By May 2019, Pyka certified the Egret for commercial operation with the New Zealand Civil Aviation Authority, making it the first human-scale electric aircraft for commercial work.
Shortly after raising another $8 million in funding, the company flew its second-generation electric crop sprayer, the “Pelican.” The Pelican would soon go to work spraying bananas for major customers in Costa Rica.
In July 2021, Pyka’s Pelican was the first autonomous fixed-wing aerial to spray over a banana crop field. The young aviation company is now making history again, introducing its Pelican Cargo, the world’s largest autonomous electric cargo plane.
Pyka Pelican electric autonomous cargo plane (Source: Pyka)
Pyka reveals the largest autonomous electric cargo plane
Pyka, gave us a glimpse into what the future could look like with its Pelican Cargo. The purpose-built industrial aircraft is the largest zero-emission cargo airplane and the first autonomous vehicle in its class.
The company believes that electrification and automation will make aviation safer while reducing CO2 emissions, as Norcia explains:
Pelican Cargo will have a significant positive impact on people’s lives. We designed this plane to eliminate C02 emissions from the logistics chain, while offering a significant speed advantage over ground transportation and operating costs at a fraction of conventional air transportation.
The Pelican Cargo will feature a range of up to 200 miles (with a 20 min reserve) and a payload of up to 400 lbs in 66 feet of cargo space. With a sliding cargo tray, loading can be done in five minutes.
The electric airplane features four electric motors, 100 kW combined power, and a 50 kWh lithium-ion swappable battery. As for charging, you can either swap batteries (a five-minute process) or recharge in around one hour – added GPS and Laser/Radar based navigation allow for night flying.
Pyka Pelican cargo autonomous electric cargo plane (Source: Pyka)
Pyka says it has secured pre-commitments of over 80 orders and options for its electric cargo plane from three customers. The company is rigorously testing the aircraft at Pyka’s test facility in Northern California, with its first commercial operation expected in the second half of the year.
One of Pyka’s customers, Alex Brown of Skysports Drone Services, had high praise for the electric aircraft, saying:
Welcoming the Pelican Cargo aircraft into our fleet will enable us to continue on our mission of solving complex logistical and operational challenges with tailored drone services. We know a thing or two about drones and in our eyes, the Pelican Cargo is the most advanced product in its payload class on the market.
Electrek’s Take
Pyka is on a mission to make aviation safer, more affordable, and more accessible than ever with its autonomous electric aircraft.
By going electric, customers can save on volatile fuel costs. Not to mention the money saved without requiring a crew to operate it (only one safety monitor is needed). Fewer expenses and labor costs can result in additional trips per day and less waiting time between deliveries, saving both businesses and customers in the long run.
Perhaps, the most important aspect is the CO2 emissions that could be saved with this technology. Air transport generated 915 million tonnes of CO2 in 2019, and the trend is expected to continue rising rapidly as people’s buying habits move online.
The International Air Transport Association (IATA) has already committed to achieving net zero carbon by 2050. Although the majority of CO2 emissions in commercial aviation is from passenger transport, starting with short-distance freight transport will help make an immediate impact while laying the groundwork for fully electric (autonomous?) passenger flights in the future.
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Tesla’s Q2 results are in, and they are way, way down from Q2 of 2024. At the same time, Nissan seems to be in serious trouble and the first-ever all-electric Dodge muscle car is getting recalled because its dumb engine noises are the wrong kind of dumb engine noises. All this and more on today’s deeply troubled episode of Quick Charge!
We’ve also got an awesome article from Micah Toll about a hitherto unexplored genre of electric lawn equipment, a $440 million mining equipment deal, and a list of incompetent, corrupt, and stupid politicians who voted away their constituents’ futures to line their pockets.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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“These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and do not endorse it.”
The company said that “any transfer of OpenAI equity requires our approval — we did not approve any transfer,” and warned users to “please be careful.”
Robinhood announced the launch Monday from Cannes, France, as part of a broader product showcase focused on tokenized equities, staking, and a new blockchain infrastructure play. The company’s stock surged above $100 to hit a new all-time high following the news.
“These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a special purpose vehicle,” a Robinhood spokesperson said in response to the OpenAI post.
Read more CNBC tech news
Robinhood offered 5 euros worth of OpenAI and SpaceX tokens to eligible EU users who signed up to trade stock tokens by July 7. The assets are issued under the EU’s looser investor restrictions via Robinhood’s crypto platform.
“This is about expanding access,” said Johann Kerbrat, Robinhood’s SVP and GM of crypto. “The goal with tokenization is to let anyone participate in this economy.”
The episode highlights the dynamic between crypto platforms seeking to democratize access to financial products and the companies whose names and equity are being represented on-chain
U.S. users cannot access these tokens due to regulatory restrictions.
Despite the warnings, BYD continues introducing new discounts. On Wednesday, BYD’s luxury off-road brand began offering over 50% Huawei’s smart driving tech.
BYD introduces new discounts on smart driving tech
After BYD cut prices again in May, the China Automobile Manufacturers Association (CAMA) warned that the ultra-low prices are “triggering a new round of price war panic.”
Although they didn’t single out BYD, it was pretty obvious. BYD slashed prices across 22 of its vehicles by up to 34%, triggering several automakers to follow suit in China.
BYD’s cheapest EV, the Seagull, typically starts at about $10,000 (66,800 yuan). After the price cuts, the Seagull is listed at under $8,000 (55,800 yuan).
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It doesn’t look like China’s EV leader plans to slow down anytime soon. Fang Cheng Bao, BYD’s luxury off-road brand, introduced new discounts on Huawei’s smart driving tech on Wednesday.
The limited-time offer cuts the price of Huawei’s Qiankun Intelligent Driving High-end Function Package to just 12,000 yuan ($1,700).
BYD Fang Cheng Bao 5 SUV testing (Source: Fang Cheng Bao)
Buyers who order the smart driving tech in July will save over 50% compared to its typical price of 32,000 yuan ($4,500).
Earlier this year, Fang Chang Bao launched the Tai 3, its most affordable vehicle, starting at 139,800 yuan ($19,300). The Tai 3 is about the size of the Tesla Model Y, but costs about half as much.
BYD Fang Cheng Bao Tai 3 electric SUV (Source: Fang Cheng Bao)
The Tai 3 will spearhead a new sub-brand of electric SUVs following the more premium Bao 8 and Bao 5 hybrid SUVs.
BYD’s luxury off-road brand sold 18,903 vehicles last month, up 50% from May and 605% compared to last year. Fang Cheng Bao has now sold over 10,000 vehicles for three consecutive months.
The Chinese EV giant sold 382,585 vehicles in total in June, an increase of 12% from last year. In the first half of the year, BYD’s cumulative sales reached over 2.1 million, a YOY increase of 33%.
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