GoKawiilPoseidon Aerospace raises $60M Series A for uncrewed cargo plane Egret
Poseidon Aerospace, co-founded by David Zagaynov and Parker Tenney, has closed a $60 million Series A round led by TQ Ventures ahead of the first pilotless test flight of its cargo aircraft Egret, expected by year-end. The round also drew new backing from Hanwha Asset Management, G Squared and JAWS, plus continued support from Starship Ventures, Draper Associates and Drover Ventures, building on an $11 million seed raised last year.
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Unlike many advanced air mobility startups chasing electric propulsion or vertical takeoff, Poseidon is betting on conventional combustion-powered, fixed-wing aircraft to cut cargo transport costs through autonomy rather than exotic tech. That pragmatic approach could make uncrewed freight flights commercially viable sooner than battery- or hydrogen-dependent rivals.
- Poseidon Aerospace raised $60M in Series A funding led by TQ Ventures.
- The startup's Egret aircraft is a fixed-wing, combustion-powered uncrewed cargo plane, with a seaplane variant called Heron.
- First uncrewed test flight of Egret is expected by the end of this year.
DJI Mini 4K Drone — If pilotless cargo planes have you curious about autonomous flight, the DJI Mini 4K is an easy way to get hands-on with it yourself. It's a lightweight folding drone with GPS-assisted return-to-home and automated flight modes, so you can practice reading airspace and planning routes long before Egret takes off.
See DJI Mini 4K Drone on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: techcrunch.com — Sean O'Kane, 2026-09-08
Published there as: “Poseidon Aerospace lands $60M ahead of first pilotless test flight”
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