Skyports, the proprietor and operator of vertiports, has attracted greater than $110 million in Collection C funding.
The fairness funding got here from infrastructure and development specialist ACS Group by way of its infrastructure growth enterprise Iridium, which focuses on sustainable transportation options.
The funding for London-based Skyports will assist the corporate construct out its vertiports in Dubai, following the announcement in February of an settlement with the Roads and Transport Authority of Dubai (RTA) and Joby Aviation.
Present Skyports’ shareholder, Groupe ADP, which operates airports in Paris, can be investing within the Collection C spherical. The businesses have been companions since 2019 and labored collectively on the event of vertiport know-how and operations.
Subscribe to our e-newsletter beneath
Duncan Walker, co-founder and CEO of Skyports, mentioned, “With ACS backing, we’re in the absolute best place to advance business air taxi and electrical drone providers all over the world.
“Funding from a world-class transport infrastructure chief serves as an endorsement of Skyports’ initiatives and underscores the immense potential of the market. Having ACS INFRA as a considerable shareholder within the firm, along with their vital money funding, places Skyports in a market-leading place, which is able to enable us to proceed rising and enabling new aviation providers.”
Nuria Haltiwanger, CEO of IRIDIUM, who joins Skyport’s board as chairperson, mentioned, “We’re happy with our new partnership with Skyports, the chief in vertiport growth, and the function we can now play within the new and rising superior air mobility [AAM] market. We’re desirous to deliver our data of large-scale infrastructure growth and development to assist develop Skyports and the general AAM market. We’re how Skyports drone providers’ experience will assist us to deliver additional efficiencies to our current asset administration, development and mining companies within the group. This funding in Skyports is a vital step in our technique of additional enlargement in new technology infrastructure, notably in sustainable mobility.”
Skyports introduced Collection B funding of $23 million in March 2022 to go towards increasing its air taxi infrastructure.
Along with the Joby Aviation-RTA Dubai partnership, Skyports additionally has a take care of SITA. The aviation know-how specialist is growing biometric and vertiport know-how according to Skyports’ imaginative and prescient for a seamless passenger expertise.
