SkyDrive Secures Additional Funding for eVTOL Development

The funding was secured through a third-party allotment of new shares, purchased by Suzuki Motor Corporation, and will accelerate the development and manufacturing of the company's eVTOL aircraft By Joe Macey / 10 Jan 2024
SkyDrive Secures Additional Funding from Suzuki
Toshihiro Suzuki (left), Representative Director and President of Suzuki alongside Tomohiro Fukuzawa (right), CEO of SkyDrive in front of 20% scaled SKYDRIVE (SD-05) exhibition.
Follow AAMi

Japanese eVTOL aircraft manufacturer SkyDrive has secured additional Series C funding from Suzuki Motor Corporation. 

The additional funding will accelerate the development and manufacturing of the company’s eVTOL aircraft.

SkyDrive and Suzuki are also jointly participating and exhibiting at the Global Trade Show, held during the Vibrant Gujarat Global Summit 2024 from January 9th to 13th in the State of Gujarat, India. 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, SkyDrive will explore and strengthen the business development of eVTOL in the Indian Market.

Posted by Joe Macey Joseph Macey is a Content Specialist at Advanced Air Mobility International, focusing on emerging aviation technologies since joining in 2022. He has particular expertise in eVTOLs, vertiports, and propulsion systems. A graduate of Falmouth University in Journalism, Joseph began his career in 2019 as a local reporter. His journalism experience sharpens both his reporting and interview skills, enabling him to deliver well-informed, authoritative insights on the latest trends in the aviation sector. Connect

Latest Articles

Skyfly & Myriad Unveil VR Motion Simulator for eVTOL Development

New mobile flight simulator from Skyfly utilizes real aircraft fly-by-wire architecture to provide high-fidelity motion cueing and virtual reality training

Jan 07, 2026
EHang Pilotless eVTOL Completes Cross-Province Flight

A successful 18-minute crossing of the Qiongzhou Strait demonstrates a 70% increase in travel efficiency compared to traditional ferry routes

Jan 07, 2026
Half-Scale eVTOL Demonstrator Begins Ground Testing Phase in India

Sarla Aviation has commenced ground testing of its half-scale eVTOL demonstrator, SYLLA SYL-X1, marking a major step toward full-scale electric vertical flight operations in India

Jan 06, 2026
EHang Completes First Public Flight of VT-35 eVTOL

The next-generation autonomous aircraft targets medium- to long-range intercity transportation as EHang expands its low-altitude ecosystem in China

Jan 05, 2026
Vertical Completes Third Full-Scale Prototype & Doubles Test Capacity

The final prototype aircraft will transition to piloted flight testing in early 2026 to accelerate the path toward commercialization

Dec 24, 2025
Joby Aviation & Metropolis Technologies Partner to Build 25 U.S. Vertiport Sites

New collaboration leverages AI-driven parking infrastructure and aviation logistics to integrate electric air taxis into existing urban transportation hubs

Dec 23, 2025