About Pyka
Pyka develops autonomous electric airplanes that can perform all flight operations without human intervention, including taxiing, takeoff, flight, and landing. These aircraft are particularly efficient, using less power than electric cars and featuring minimal moving parts, making them cost-effective for agricultural applications like crop spraying. Equipped with advanced sensors and software, Pyka's airplanes ensure precise flying close to the ground, reducing waste and increasing efficiency for large-scale farmers. The company's goal is to transform the agricultural aviation industry by providing safe, efficient, and affordable aerial solutions.
Alameda, CaliforniaHeadquarters
2017Year Founded
$92.7MTotal Funding
SERIES_BCompany Stage
Food & Agriculture, AerospaceIndustries
51-200Employees
Benefits
Competitive salary & equity
Medical, dental, & vision insurance
FSA with employer matching
401k
Paid holidays
Unlimited PTO
Free catered lunch & snacks
Risks
Increased competition from companies like Kelly Hills Unmanned Systems.
Regulatory challenges in defense applications may require stricter compliance.
Dependence on large clients like Heinen Brothers poses revenue risks.
Differentiation
Pyka develops fully autonomous electric aircraft for agriculture and cargo transport.
Their aircraft use less power than electric cars, enhancing cost-effectiveness.
Pyka's Pelican Spray is the largest FAA-authorized UAS for commercial crop spraying.
Upsides
Pyka secured $40M to accelerate aircraft development and commercialization.
Partnership with Sierra Nevada Corporation expands Pyka's defense market reach.
Entry into Brazil with SLC Agrícola showcases global demand for Pyka's technology.
Funding
Total raised$92.70 M
Latest valuation$200.00 M
StageSERIES_B
SERIES B
8/31/2024$40
$200.00 MGRANT
4/30/2023$7
SERIES A
3/31/2022$37
$185.00 M