Skyports secures Irelandia Aviation funding

Screen Shot

London based urban air mobility infrastructure (UAM) provider and drone delivery operator, Skyports, have announced an extension to its Series A funding to now total £6m (US$8m) with investment from Irelandia Aviation.

Irelandia Aviation joins existing Series A investors Deutsche Bahn Digital Ventures, Groupe ADP and Levitate Capital in the investment round.

Skyports intends to use the funds to continue its ambitious programme of site acquisition for passenger and cargo vertiports in cities around the world, including Singapore and Los Angeles. The company will also expand its team to enable the full commercialisation of its urban and rural drone delivery services.

Founder and managing partner of Irelandia Aviation, Declan Ryan, will take a seat on the Skyports board.

Duncan Walker, Chief Executive of Skyports, said: “Irelandia Aviation have been pioneers in the aviation industry for many years. Irelandia and the Ryan family have founded five airlines including Ryanair in Europe, Tiger Airways in Asia, Allegiant in the USA and Viva Air in Latin America where Declan is Executive Chairman.

“It is a privilege to welcome Declan to our board and testament to our ambition that he will be taking this position. Their investment further strengthens our financial position. Skyports investors have a combined balance sheet in excess of €80 billion (£70 billion) putting us in a unique position to build scale in this emerging industry.”

Declan Ryan, Managing Partner of Irelandia Aviation, said: “We are delighted to partner with the team at Skyports who have become leaders in the development of the infrastructure required to enable the UAM industry.

“We at Irelandia look forward to working with Skyports, aviation regulators, manufacturers and operators to expand in new markets and make UAM and drone services a reality globally. We look forward to furthering Irelandia’s demonstrated track record of democratising air travel around the world.”

Skyports is connecting the world through our skies by building and operating critical infrastructure for urban air mobility and managing end to end drone deliveries.

Skyports is working with the leading electric vertical take-off and landing (eVTOL) passenger and cargo vehicle manufacturers around the world to secure, design, build, own and operate vertiports enabling safe and efficient flight operations within urban and suburban environments.

In addition, Skyports develops, implements and operates end-to-end cargo drone deliveries within the medical, e-commerce and logistics sectors overcoming inefficiencies associated with traditional transportation methods.

Based in London, United Kingdom, Skyports has projects operating in multiple continents, including in Europe, North America, Asia and Africa.

Fr more security news visit here.

Leave a Comment

You must be logged in to post a comment.