Nick Panhwar
Co-Founder
PJ
Panhwar Jet
Panhwar Jet develops all-electric, unmanned cargo aircraft utilizing proprietary, highly efficient electric propulsion systems and AI-driven controls. This technology targets the express delivery market by offering significantly lower operational costs and extended flight endurance compared to conventional aircraft. The company is focused on achieving FAA certification for its remotely operated air cargo solutions to scale logistics operations.
- Aerospace
- Artificial Intelligence
- Autonomous Vehicles
- Hardware
- Logistics & Supply Chain
Updated 21 months ago
Funding
Raised to date
$10.2MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
The express delivery market faces increasing demand for faster, more efficient, and sustainable transportation solutions, yet traditional air cargo methods rely on centralized airports, manned aircraft, and fossil fuels, leading to higher operational costs and environmental impact. Existing electric aircraft designs often struggle with limited flight times due to battery weight and energy constraints.
Solution
Panhwar Jet is developing all-electric, remotely operated cargo aircraft designed for the express delivery market. These unmanned aircraft utilize a proprietary electric propulsion system, onboard power generation, and AI-assisted flight systems to achieve extended flight times, reduced operational costs, and zero emissions. Unlike traditional cargo planes, Panhwar Jet aircraft can operate from regional and local airports, enabling point-to-point service and faster delivery times. The AI-driven flight system continuously learns from real-time data, enhancing safety and enabling semi-autonomous operations with human oversight. Panhwar Jet operates on a "flying hours" model, providing logistics providers and e-commerce businesses with a scalable and cost-effective way to deliver goods without the need for aircraft ownership, maintenance, or pilot staffing.
Target Audience
Panhwar Jet targets logistics providers, e-commerce businesses, and enterprises seeking faster, more efficient, and sustainable solutions for urgent deliveries.
Features
- All-electric propulsion system with zero emissions and significantly lower operational costs compared to traditional aircraft
- Onboard power generation system that reduces battery load and extends flight range
- Custom high-torque electric motors engineered for greater lift and thrust with less power
- Optimized propeller blades matched to electric motor dynamics for enhanced performance
- AI-assisted flight system that learns from real-world pilot behavior and flight performance data to reduce risk and prevent human-error-related accidents
- Remote operation by skilled drone pilots, ensuring precise navigation and removing the risk of in-air human presence
- Customizable aircraft to meet unique cargo requirements
- Nationwide hub network for point-to-point service from regional and local airports