In January, a team followed in Wallace's footsteps on a journey through Indonesia in an attempt to find and photograph the bee.
The goliath is four times bigger than a European honeybee and unlike its cousin, the solitary creature does not live in a nest with hundreds of other bees.
"It was absolutely breathtaking to see this "flying bulldog" of an insect that we weren't sure existed anymore, to have real proof right there in front of us in the wild", said Clay Bolt, a natural history photographer specializing in bees, who took the first photos and video of the species alive after spending years researching the right habitat type with trip partner, Eli Wyman.
Wallace collected the species for the first time in 1858 while exploring the Indonesian island of Bacan.
We've been hearing for a while now that the honeybee population is in danger, and of the catastrophic effects that might bear, but today let's focus on some good bee news, or rather, two bits (o-honey) of recent news, that appear completely unrelated, but honestly, how could they bee?
The jaw-dropping giant disappeared for 38 years and scientists and bee lovers were convinced it had gone extinct like so many other insects.
Wallace's giant bees, however, may not even last that long. The bees' dark-colored bodies measure about 1.5 inches (3.5 cm) in length - about as long as a human thumb - and they build communal nests on termite dwellings in trees, Adam Messer, a researcher who was with the Department of Entomology at the University of Georgia in 1984, wrote in a study published then in the Journal of the Kansas Entomological Society. "We had discovered Wallace's Giant Bee".
Professor Simon Robson, from the University of Sydney, who was part of the team who rediscovered the bee, told Ross and John they haven't named the island where the bee was found on objective.
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A documentary film about Wallace's giant bee is now in production.
Unfortunately for scientists and bee-lovers, not a single one of them has been seen since 1981. Messer's observations of its behaviors - like how it used its giant jaws to gather resin and wood for its nests - provided some insight, but still, the bee remained generally elusive. But those apian relatives are nowhere near as imposing as Wallace's giant bee, he added.
Scientists found several specimens in 1981, but it has not been seen since. "Local informants had never seen the bee prior to its rediscovery, although a specific folk epithet, o ofungu ma koana, 'king bee, ' is based on it".