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
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

Archer Aviation to Participate in White House eVTOL Integration Pilot Program

Archer partners with U.S. airlines and cities under the eVTOL Integration Pilot Program to demonstrate safe, quiet, and scalable electric air taxi operations, supporting the path toward eventual commercial deployment

Sep 18, 2025
Joby Plans Participation in White House eVTOL Integration Program

Joby Aviation is aiming to join the White House eVTOL Integration Pilot Program (eIPP), showcasing its mature eVTOL technology, FAA certification progress, and growing production capacity for future air taxi operations

Sep 17, 2025
XPENG AEROHT eVTOL Secures Manned Flight Permit & Partnership Agreement in UAE

XPENG AEROHT has been granted a manned flight permit in the UAE and signed a collaboration for its modular flying car, Land Aircraft Carrier, following successful flight demonstrations, inspections, and advancements in eVTOL technology

Sep 16, 2025
Future Passenger Journeys Combining eVTOL Flights & Rail

SkyDrive and JR East demonstrated how eVTOL flights could seamlessly connect with rail travel, showcasing future multimodal transportation and announcing a SKYDRIVE aircraft pre-order

Sep 15, 2025
Piloted Wingborne Testing Completed for Full-Scale eVTOL Prototype

Vertical Aerospace has completed Phase 3 piloted wingborne testing of its full-scale VX4 eVTOL prototype, demonstrating stable takeoff, flight, and landing using wing-generated lift over 250 miles of test flights in preparation for its final transition stage

Sep 12, 2025
Joby Demonstrates Superpilot Autonomous Flight in U.S. Pacific Defense Exercise

Joby Aviation has successfully validated its Superpilot autonomous flight system during the U.S. Air Force’s REFORPAC exercise, completing over 7,000 miles and 40 hours of autonomous operations across the Pacific

Sep 11, 2025