-

Air Mobility Under Development by SkyDrive, Production Partnered by Suzuki, Unveiled in India.

- SkyDrive Secures Additional Funding from Suzuki Motor Corporation -

TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. (“SkyDrive”), a leading Japanese eVTOL aircraft (*1) manufacturer based in Japan, today announced that it secured additional funding in its Series C round through a third-party allotment of new shares to Suzuki Motor Corporation (“Suzuki”). This will accelerate the development and manufacturing of our eVTOL aircraft.

SkyDrive is pleased to announce that it secured additional funding in its Series C round through a third-party allotment of new shares to Suzuki Motor Corporation. This will accelerate the development and manufacturing of our eVTOL aircraft.

Share

(*1)

Air Mobility is also called “eVTOL aircraft” which is an abbreviation for electric vertical takeoff and landing. eVTOL aircraft are characterized by electrification, a fully autonomous autopilot, and vertical takeoff and landing.

SkyDrive and Suzuki also jointly participate and exhibit at the Global Trade Show to be held during the Vibrant Gujarat Global Summit 2024 (*2) from January 9th to 13th in the State of Gujarat, India. This trade show is one of the largest exhibitions in the world with “Cutting-Edge Technology”. SkyDrive is exhibiting its 1/5 scaled SKYDRIVE (SD-05) at Maruti-Suzuki India Limited’s booth under the support of Suzuki.

With the agreement on business and technology collaboration with Suzuki (*3), we will explore and strengthen the business development of eVTOL in the Indian Market.

INFORMATION

Event:

Vibrant Gujarat Global Summit 2024 - Global Trade Show

Duration:

January 9 - 13, 2024

Location:

Helipad Exhibition Center, Hall 2 Maruti-Suzuki India Limited’s booth

URL:

https://www.vibrantgujarat.com/tradeshow

About SkyDrive Inc.

SkyDrive was formally established in July 2018 after testing flying car concepts and prototypes from 2014 with the mission of “taking the lead in the once-in-a-century mobility revolution.” Its vision is to create a future where everyone has access to eVTOLs as their daily transportation in Japan and across the world. The company succeeded in the first crewed eVTOL flight test in Japan in 2019 and its eVTOL “SKYDRIVE” is in the process of acquiring its Japan Civil Aviation Bureau (JCAB) certification. SkyDrive has been selected as a company to participate in the Advanced Air Mobility (AAM) project at Expo 2025 Osaka, Kansai, Japan. SkyDrive plans to begin production of “SKYDRIVE” in the Spring of 2024 at the plant owned by official production partner Suzuki Motor Company. SkyDrive is headquartered in Toyota, Aichi Prefecture. Tomohiro Fukuzawa is the CEO of the company.

For more information, please visit: https://en.skydrive2020.com/

Editor’s Note:

(*2)

Inauguration is on January 9, 2024, Business Days are 10 and 11, and Public Days are 12 and 13.

(*3)

Related press release about collaboration agreement on business and technology in March 2022

 

https://en.skydrive2020.com/archives/7323

 

Related press release about basic agreement on manufacturing in June 2023

 

https://en.skydrive2020.com/archives/9453

 

Related press release about establishment of production subsidiary

https://en.skydrive2020.com/archives/10245

 

Contacts

Yoshimi Yamamoto
Public Relations
SkyDrive Inc.
Email: info@skydrive.co.jp

SkyDrive Inc.


Release Versions

Contacts

Yoshimi Yamamoto
Public Relations
SkyDrive Inc.
Email: info@skydrive.co.jp

Social Media Profiles
More News From SkyDrive Inc.

SkyDrive Publishes Aircraft Design Concept

TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. ("SkyDrive"), a leading compact eVTOL aircraft (*1) developer based in Japan, today published its Aircraft Design Concept paper, which is titled "The eVTOL Safety Dilemma in Congested Urban Environments." The paper outlines the engineering rationale behind choosing a compact multi-rotor architecture specifically optimized for operating in space-constrained urban settings. In the emerging eVTOL industry, there is no single "correct" aircraft architec...

SkyDrive Partners with South Korea’s Verty to Target Commercial eVTOL Operations by 2028

TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. (“SkyDrive”), a leading compact eVTOL (*1) aircraft developer based in Japan, today announced that it has signed a memorandum of understanding (MOU) with Verty Co. Ltd. (“Verty”), a South Korean company building an integrated operational framework spanning flight operations, air traffic management and vertiport infrastructure. The agreement establishes a partnership to prepare for the introduction and commercial deployment of the SKYDRIVE (SD-05 mod...

SkyDrive to Evaluate Potential Routes for eVTOL Medical Logistics in India in Partnership with Air India and Suzuki

TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. (“SkyDrive”), a leading Japanese developer, manufacturer, and seller of compact eVTOL aircraft (*1), today announced that it will move forward with evaluating initial operational routes for the introduction of eVTOL medical logistics services in India, in partnership with Air India and Suzuki. This is part of the Memorandum of Understanding (MoU) that the three organizations signed in July 2026 to jointly study the feasibility of such operations.(*2...
Back to Newsroom