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Hybrid airship startup builds ultra-safe, ‘plummet-proof’ aircraft with a catchy name
Egan Airships, Inc., a startup company based in Seattle, wants you to consider an aircraft mashup they’ve invented as an all-in-one aircraft solution, and they just may be on to something big. It’s called “Plimp,” and the name describes just what it is: a hybrid plane and blimp flying machine — drone and helicopter elements are also integrated. Using small wings for lift, electric propellers for thrust, and a strong helium-filled buoyant pouch, the Plimp is positioned to fill niche needs in communication and both civilian and military operations.
Thus far, a proof-of-concept Plimp drone was successfully built and demonstrated at the InterDrone 2018 Expo in Las Vegas in September. For commercial viability, Egan intends to use the craft for advertising as its initial market, but the long-term plan is to provide solutions for agriculture along with forest, wildlife, homeland security, and military operational support. The ability of the Plimp craft to achieve vertical takeoff and landing (VTOL) enables many of these capabilities that are not practical for other craft in the airship/dirigible category. As a VTOL craft, Plimps are easier to maneuver in small spaces and only need small clearings to land.
The airship manufacturer is currently seeking buyers to aid the development of the much larger version of its aircraft, the Model J, which will carry up to 10 people, 2 pilots and 8 passengers, specifically. The asking price is $4 million dollars plus overages, paid over the course of four years. Also, buyers must be vetted prior to purchase for an additional $1000 fee. Since the Plimp’s combination of rigid helium pouch and wings makes it a uniquely safe and plummet-proof aircraft, Egan is expecting to have a highly desired product that enables the discernibility it seeks in customer selection.
The Plimp drone can cruise for an hour at 30 mph with a 5 lb payload for 20 miles, although its total distance is restricted by drone visibility regulation requiring line-of-sight operation. The performance estimates for the Model J are largely dependent on its payloads. At full capacity (2000 lbs), the aircraft is limited to an 80 mph cruising speed over five hours for a 320 mile travel range. This limitation is highly variable, however. With less weight carried, the Model J can reach 93 mph and travel up to 1300 miles.
James and Joel Egan, the co-founding twin brothers of Egan Airships, conceptualized the Plimp design when they were children. After looking into actualizing their dream later as adults, they found commercially available materials insufficient for what would be required to make their invention work. The availability of strong, lightweight fiberglass composites in today’s markets has now enabled the Egan brothers to finally pursue their craft’s development. To help with the effort, Daniel Raymer, a renowned aerospace design engineer known for his work with Lockheed’s Skunk Works (of SR-71 fame) and the Stargazer plane used for Pegasus rocket launches, was brought on board to finalize the design.
Watch the below video for more about Plimp and its products:
Elon Musk
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla.
The Delaware Supreme Court has overturned a lower court ruling, reinstating Elon Musk’s 2018 compensation package originally valued at $56 billion but now worth approximately $139 billion due to Tesla’s soaring stock price.
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla. Musk quickly celebrated the outcome on X, stating that he felt “vindicated.” He also shared his gratitude to TSLA shareholders.
Delaware Supreme Court makes a decision
In a 49-page ruling Friday, the Delaware Supreme Court reversed Chancellor Kathaleen McCormick’s 2024 decision that voided the 2018 package over alleged board conflicts and inadequate shareholder disclosures. The high court acknowledged varying views on liability but agreed rescission was excessive, stating it “leaves Musk uncompensated for his time and efforts over a period of six years.”
The 2018 plan granted Musk options on about 304 million shares upon hitting aggressive milestones, all of which were achieved ahead of time. Shareholders overwhelmingly approved it initially in 2018 and ratified it once again in 2024 after the Delaware lower court struck it down. The case against Musk’s 2018 pay package was filed by plaintiff Richard Tornetta, who held just nine shares when the compensation plan was approved.
A hard-fought victory
As noted in a Reuters report, Tesla’s win avoids a potential $26 billion earnings hit from replacing the award at current prices. Tesla, now Texas-incorporated, had hedged with interim plans, including a November 2025 shareholder-approved package potentially worth $878 billion tied to Robotaxi and Optimus goals and other extremely aggressive operational milestones.
The saga surrounding Elon Musk’s 2018 pay package ultimately damaged Delaware’s corporate appeal, prompting a number of high-profile firms, such as Dropbox, Roblox, Trade Desk, and Coinbase, to follow Tesla’s exodus out of the state. What added more fuel to the issue was the fact that Tornetta’s legal team, following the lower court’s 2024 decision, demanded a fee request of more than $5.1 billion worth of TSLA stock, which was equal to an hourly rate of over $200,000.
Delaware Supreme Court Elon Musk 2018 Pay Package by Simon Alvarez
News
Tesla Cybercab tests are going on overdrive with production-ready units
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the vehicle being reported across social media this week.
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the autonomous two-seater being reported across social media this week. Based on videos of the vehicle that have been shared online, it appears that Cybercab tests are underway across multiple states.
Recent Cybercab sightings
Reports of Cybercab tests have ramped this week, with a vehicle that looked like a production-ready prototype being spotted at Apple’s Visitor Center in California. The vehicle in this sighting was interesting as it was equipped with a steering wheel. The vehicle also featured some changes to the design of its brake lights.
The Cybercab was also filmed testing at the Fremont factory’s test track, which also seemed to involve a vehicle that looked production-ready. This also seemed to be the case for a Cybercab that was spotted in Austin, Texas, which happened to be undergoing real-world tests. Overall, these sightings suggest that Cybercab testing is fully underway, and the vehicle is really moving towards production.
Production design all but finalized?
Recently, a near-production-ready Cybercab was showcased at Tesla’s Santana Row showroom in San Jose. The vehicle was equipped with frameless windows, dual windshield wipers, powered butterfly door struts, an extended front splitter, an updated lightbar, new wheel covers, and a license plate bracket. Interior updates include redesigned dash/door panels, refined seats with center cupholders, updated carpet, and what appeared to be improved legroom.
There seems to be a pretty good chance that the Cybercab’s design has been all but finalized, at least considering Elon Musk’s comments at the 2025 Annual Shareholder Meeting. During the event, Musk confirmed that the vehicle will enter production around April 2026, and its production targets will be quite ambitious.
News
Tesla gets a win in Sweden as union withdraws potentially “illegal” blockade
As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Swedish union Vision has withdrawn its sympathy blockade against Tesla’s planned service center and showroom in Kalmar. As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Vision’s decision to pull the blockade
Vision announced the blockade in early December, stating that it was targeting the administrative handling of Tesla’s facility permits in Kalmar municipality. The sympathy measure was expected to start Monday, but was formally withdrawn via documents sent to the Mediation Institute and Kalmar Municipality last week.
As noted in a Daggers Arbete report, plans for the strike were ultimately pulled after employer group SKR highlighted potential illegality under the Public Employment Act. Vision stressed its continued backing for the Swedish labor model, though Deputy negotiation manager Oskar Pettersson explained that the Vision union and IF Metall made the decision to cancel the planned strike together.
“We will not continue to challenge the regulations,” Petterson said. “The objection was of a technical nature. We made the assessment together with IF Metall that we were not in a position to challenge the legal assessment of whether we could take this particular action against Tesla. Therefore, we chose to revoke the notice itself.”
The SKR’s warning
Petterson also stated that SKR’s technical objection to the Vision union’s planned anti-Tesla strike framed the protest as an unauthorized act. “It was a legal assessment of the situation. Both for us and for IF Metall, it is important to be clear that we stand for the Swedish model. But we should not continue to challenge the regulations and risk getting judgments that lead nowhere in the application of the regulations,” he said.
Vision ultimately canceled its planned blockade against Tesla on December 9. With Vision’s withdrawal, few obstacles remain for Tesla’s long-planned Kalmar site. A foreign electrical firm completed work this fall, and Tesla’s Careers page currently lists a full-time service manager position based there, signaling an imminent opening.
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
Tesla Cybercab tests are going on overdrive with production-ready units
