UK’s Skyfly Secures Seed Funding For eVTOL Development

skyfly

Skyfly is developing its eVTOL in all-electric light sport and hybrid-electric uncrewed versions.

Credit: Skyfly Technologies
UK startup Skyfly Technologies has closed a $10 million seed round led by Singapore-based HICO Investment Group. The funding is planned to take Skyfly’s Axe two-seat electric vertical-takeoff-and-landing (eVTOL) aircraft through FAA Part 22 approval as a light sport aircraft. The seed round included...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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