A: Hey, Buddie! Got any news?

B: Not much, what's up?

A: Airbound, this Indian drone startup, just got $8.65 million in funding! They're starting a drone-delivery pilot with a private hospital here in Japan.

B: Wow, really? That's cool! So, what's so special about this Airbound thing?

A: Well, they have an aircraft using a tail-sitter design and carbon fiber frame. They aim to deliver parcels at up to 20 times lower cost than conventional methods!

B: That sounds like a game changer! What's their secret?

A: Their drone has a rocket-like, blended-wing shape with two propellers, which makes it more energy-efficient. Plus, they target one-cent deliveries by cutting the cost of transport and energy use!

B: That's amazing! I wish we could get delivery that cheap here too. They already started a pilot program in Bengaluru, India for medical logistics.

A: Yeah, they also plan to enter the US market after scaling up their operations. They hope to reach a million deliveries per day by 2027!

B: Wow, I can't wait to see how this unfolds. It's a physics problem and game of efficiency for them.

A: Exactly! They already have $10 million in funding and a team of 50 people. The latest round will help improve their service and prepare for broader market adoption in 2026.

B: That's some quick progress! I hope it works out well for them, we could sure use such technology here too.