{"id":25552,"date":"2023-05-08T23:42:23","date_gmt":"2023-05-08T23:42:23","guid":{"rendered":"https:\/\/saj.pachecostudios.com?p=25552"},"modified":"2023-05-08T23:43:31","modified_gmt":"2023-05-08T23:43:31","slug":"oakland-based-pyka-awarded-7-million-california-tax-credit-to-expand-manufacturing-of-zero-emission-autonomous-aircraft","status":"publish","type":"post","link":"https:\/\/stateaviationjournal.com\/index.php\/state-news\/california\/oakland-based-pyka-awarded-7-million-california-tax-credit-to-expand-manufacturing-of-zero-emission-autonomous-aircraft\/%20","title":{"rendered":"Oakland-Based Pyka Awarded $7 Million California Tax Credit to Expand Manufacturing of Zero-Emission Autonomous Aircraft"},"content":{"rendered":"\n<p>Pyka has been awarded a $7 million California Competes Tax\nCredit with the California Governor&#8217;s Office of Business and Economic\nDevelopment (GO-Biz), approved last week by the California Competes Tax Credit\nCommittee. The California Competes Tax Credit is an income tax credit for\nbusinesses that locate or grow in California. Pyka, headquartered in Oakland,\nCalifornia, is expanding manufacturing of zero-emission autonomous aircraft and\nproviding additional zero-emission aviation careers.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"\/wp-content\/uploads\/Pyka-1.jpg\" alt=\"\" class=\"wp-image-25553\" width=\"364\" height=\"243\" srcset=\"https:\/\/stateaviationjournal.com\/wp-content\/uploads\/Pyka-1.jpg 400w, https:\/\/stateaviationjournal.com\/wp-content\/uploads\/Pyka-1-300x200.jpg 300w\" sizes=\"auto, (max-width: 364px) 100vw, 364px\" \/><figcaption><em>Pyka Headquarters in Oakland, CA<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p>The credit will empower <a href=\"https:\/\/www.flypyka.com\/\">Pyka<\/a>, who recently launched the world&#8217;s largest zero-emission autonomous cargo airplane, to generate over 140 new California jobs at all levels of the company including engineering, manufacturing, assembly, logistics, business development and operations, maintenance, and facilities management as well as janitorial positions.<\/p>\n\n\n\n<p>&#8220;This support and partnership with GO-Biz accelerates\nour manufacturing capabilities and facilitates immediate job creation in\nOakland and at our test sites across California,&#8221; stated Chuma Ogunwole,\nPyka Co-Founder &amp; COO. &#8220;This award accelerates the application of\nCalifornia&#8217;s zero-emission autonomous aviation innovation and creates economic\nopportunities for communities across California.&#8221;<\/p>\n\n\n\n<p>Ogunwole continued, &#8220;We are thankful to the State of\nCalifornia and GO-Biz for this award and look forward to making California the\nglobal hub for zero-emission aviation.&#8221;<\/p>\n\n\n\n<p>&#8220;Pyka is an ideal candidate for the California Competes\nTax Credit,&#8221; said Dee Dee Myers, Senior Advisor to Governor Newsom and\nDirector of GO-Biz. &#8220;The company is strengthening California&#8217;s position as\na leader in the electric aviation industry and creating substantial job\nopportunities in green energy technology along the way.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pyka has been awarded a $7 million California Competes Tax Credit with the California Governor&#8217;s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee. The California Competes Tax Credit is an income tax credit for businesses that locate or grow in California. Pyka, headquartered in Oakland, California, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,127],"tags":[],"class_list":["post-25552","post","type-post","status-publish","format-standard","hentry","category-california","category-unmanned-systems"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/25552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=25552"}],"version-history":[{"count":2,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/25552\/revisions"}],"predecessor-version":[{"id":25556,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/25552\/revisions\/25556"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=25552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=25552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=25552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}