
First Tellurium's subsidiary PyroDelta Energy Corp has entered the DARPA Lift Challenge, showcasing a drone design with advanced thermoelectric technology that can carry more than twice its weight. This innovation targets a rapidly growing heavy-lift drone market, projected to reach $5-7 billion in the next decade, with applications in logistics, military, disaster relief, and remote operations. PyroDelta has completed its design, filed necessary certifications, and will present a demonstration to DARPA in May 2026. Success in the challenge could open significant commercial and defense opportunities for the company.