The financing comes as SkyDrive works to certify its aircraft in time to launch commercial air taxi service for the 2025 World Expo being hosted in Osaka.
The projects will bring together multiple universities and industry partners and provide students with an opportunity to tackle key challenges facing aviation.
Even as the stock markets improved their performance over the past two weeks, Nov. 14-18 and Nov. 21-Nov. 25, the Advanced Air Mobility Stock Composite fell by 10%.