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Skyports lands $110M for air taxi infrastructure construction in Dubai

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April 21, 2024
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Skyports lands $110M for air taxi infrastructure construction in Dubai
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Skyports, the landlord and operator of vertiports, has attracted greater than $110 million in Sequence C investment.

The fairness funding got here from infrastructure and building specialist ACS Staff by means of its infrastructure construction industry Iridium, which specializes in sustainable transportation answers.

The investment for London-based Skyports will lend a hand the corporate construct out its vertiports in Dubai, following the announcement in February of an settlement with the Roads and Shipping Authority of Dubai (RTA) and Joby Aviation. 

Current Skyports’ shareholder, Groupe ADP, which operates airports in Paris, could also be making an investment within the Sequence C spherical. The corporations had been companions since 2019 and labored in combination at the construction of vertiport generation and operations.

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Duncan Walker, co-founder and CEO of Skyports, stated, “With ACS backing, we’re in the most productive imaginable place to advance industrial air taxi and electrical drone products and services world wide.

“Funding from a world-class shipping infrastructure chief serves as an endorsement of Skyports’ projects and underscores the immense doable of the marketplace. Having ACS INFRA as a considerable shareholder within the corporate, along with their vital money funding, places Skyports in a market-leading place, which can let us proceed rising and enabling new aviation products and services.”

Nuria Haltiwanger, CEO of IRIDIUM, who joins Skyport’s board as chairperson, stated, “We’re happy with our new partnership with Skyports, the chief in vertiport construction, and the function we will now play within the new and rising complicated air mobility [AAM] marketplace. We’re desperate to convey our wisdom of large-scale infrastructure construction and building to lend a hand develop Skyports and the total AAM marketplace. We’re having a look at how Skyports drone products and services’ experience will lend a hand us to convey additional efficiencies to our present asset control, building and mining companies within the team. This funding in Skyports is a essential step in our means of additional growth in new technology infrastructure, in particular in sustainable mobility.”

Skyports introduced Sequence B investment of $23 million in March 2022 to head towards increasing its air taxi infrastructure.

Along with the Joby Aviation-RTA Dubai partnership, Skyports additionally has a take care of SITA. The aviation generation specialist is creating biometric and vertiport generation in keeping with Skyports’ imaginative and prescient for a continuing passenger revel in.

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Skyports, the landlord and operator of vertiports, has attracted greater than $110 million in Sequence C investment.

The fairness funding got here from infrastructure and building specialist ACS Staff by means of its infrastructure construction industry Iridium, which specializes in sustainable transportation answers.

The investment for London-based Skyports will lend a hand the corporate construct out its vertiports in Dubai, following the announcement in February of an settlement with the Roads and Shipping Authority of Dubai (RTA) and Joby Aviation. 

Current Skyports’ shareholder, Groupe ADP, which operates airports in Paris, could also be making an investment within the Sequence C spherical. The corporations had been companions since 2019 and labored in combination at the construction of vertiport generation and operations.

Subscribe to our publication beneath

Duncan Walker, co-founder and CEO of Skyports, stated, “With ACS backing, we’re in the most productive imaginable place to advance industrial air taxi and electrical drone products and services world wide.

“Funding from a world-class shipping infrastructure chief serves as an endorsement of Skyports’ projects and underscores the immense doable of the marketplace. Having ACS INFRA as a considerable shareholder within the corporate, along with their vital money funding, places Skyports in a market-leading place, which can let us proceed rising and enabling new aviation products and services.”

Nuria Haltiwanger, CEO of IRIDIUM, who joins Skyport’s board as chairperson, stated, “We’re happy with our new partnership with Skyports, the chief in vertiport construction, and the function we will now play within the new and rising complicated air mobility [AAM] marketplace. We’re desperate to convey our wisdom of large-scale infrastructure construction and building to lend a hand develop Skyports and the total AAM marketplace. We’re having a look at how Skyports drone products and services’ experience will lend a hand us to convey additional efficiencies to our present asset control, building and mining companies within the team. This funding in Skyports is a essential step in our means of additional growth in new technology infrastructure, in particular in sustainable mobility.”

Skyports introduced Sequence B investment of $23 million in March 2022 to head towards increasing its air taxi infrastructure.

Along with the Joby Aviation-RTA Dubai partnership, Skyports additionally has a take care of SITA. The aviation generation specialist is creating biometric and vertiport generation in keeping with Skyports’ imaginative and prescient for a continuing passenger revel in.

Tags: 110MAirdevelopmentDubaiinfrastructureLandsSkyportstaxi

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