positiveSYS.SOURCE: TechCrunch• 2026-09-08T13:00:00Z
Poseidon Aerospace Secures $60M Series A for Unmanned Cargo Aircraft Development
Poseidon Aerospace secured $60 million in Series A funding to develop its unmanned cargo aircraft Egret, focusing on cost-effective logistics solutions with combustion-powered fixed-wing aircraft. The company aims to disrupt both defense and commercial cargo markets by eliminating pilot requirements and leveraging autonomous operations.
The startup is trying to rethink the economics of cargo aircraft by removing pilots from the equation entirely.
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