26. February 2026
Mightyfly Takes Flight: 10M Funding Boosts Production For Revolutionary Cargo Drones
MightyFly, a San Francisco-based company, has made significant strides in the development of autonomous hybrid eVTOL cargo aircraft. The company recently closed $10 million in funding, bringing its total investment to $15 million, and is now poised to scale production of its aircraft.
The MightyFly cargo drones claim that they can carry up to 500 pounds at distances of up to 1,000 miles, with the ability to execute multiple deliveries on a single route using autonomous loading and unloading capabilities. This range and payload capability sets them apart from other cargo drone companies, which are typically focused on shorter-range, last-mile delivery services.
MightyFly’s aircraft is designed for middle-mile and last-mile B2B logistics that can flexibly route to multiple destinations in a single flight. This approach aims to bridge the gap between traditional air cargo and ground expedited shipping, offering a more efficient and cost-effective solution for businesses. The company has built three full-scale aircraft and has completed over 400 autonomous flights.
The eVTOL design used by MightyFly takes off again, as many delivery drones have found that pure electric drones are challenging due to battery limitations. The hybrid eVTOL design allows for a balance between range and payload capacity, making it an attractive option for logistics companies. MightyFly has generated over $1 million in revenue to date, primarily from defense and government contracts.
The company has also announced a $220 million, 20-year letter of intent for intra-island delivery and a recently signed $50 million, 5-year healthcare contract. These deals demonstrate the potential for MightyFly’s technology to be applied beyond traditional logistics services. The company expects to run its first fully revenue-generating commercial routes under routine operations sometime in 2027.
However, this timeline is still ambitious, and it remains to be seen whether the business model will work at scale. MightyFly’s regulatory pathway is also critical to its success. The company currently operates under FAA Special Airworthiness Certificates, which allow testing and limited operations.
These certificates are a necessary step toward commercial operations, but they are not the same as Part 135 air carrier authority or type certification. In discussions with The Drone Girl, MightyFly stated that it is in talks with the FAA and expects to share more details later this year. This confirms that regulatory approval remains one of the biggest gates between prototype and scalable business.
MightyFly compares favorably to other cargo drone companies, such as Zipline and Skyways. While both companies are working on long-range autonomous cargo services, MightyFly’s unique combination of range, payload, and multi-stop capability sets it apart from its competitors. The company is explicitly positioning itself as a dual-use platform for both commercial supply chains and “mission-critical defense operations.”
Helen Lin, Partner at At One Ventures, stated that traditional logistics relies on capital and labor-intensive infrastructure that constrains speed, cost, and reliability. “From early on we believed in MightyFly’s fundamentally advantageous solution which virtually eliminates labor — the largest cost driver for logistics operations today.”
As MightyFly continues to scale its production and develops its technology, it will be interesting to watch how the company executes on its business model. The company has generated significant interest with its unique approach to cargo delivery, and its dual-use platform may provide a competitive advantage in the market.
The cost per mile for MightyFly’s services is lower than regional air cargo or ground expedited shipping, according to the company. However, specifics were not shared, and the actual cost will depend on various factors such as fuel efficiency, maintenance costs, and labor expenses. Defense budgets may be funding the development of MightyFly’s technology, which eventually scales into commercial operations.
In conclusion, MightyFly’s ambitious plans for autonomous hybrid eVTOL cargo aircraft have generated significant attention in the industry. With its unique combination of range, payload, and multi-stop capability, the company is poised to make a significant impact on middle-mile and last-mile B2B logistics.