Today we announce $110 million in new funding and introduce ACS Infrastructure as a new investor. At the close of our Series C, we also welcome additional funding from our long-time partner and investor Groupe ADP.
This investment follows a strong start to 2024 that has seen us announce a world-first commercial air taxi project in Dubai and a vertiport testbed project in the UK.
With this new funding we will deliver on our Dubai vertiport network project, building essential infrastructure for the launch of air taxi services by 2026. The funding will also support the development of critical enabling technologies for our global vertiport operations.
Duncan Walker, CEO of Skyports, said: “With ACS backing, we are in the best possible position to advance commercial air taxi and electric drone services around the world.
“Investment from a world-class transport infrastructure leader serves as an endorsement of Skyports’ initiatives and underscores the immense potential of the market. Having ACS INFRA as a substantial shareholder in the company, together with their significant cash investment, puts Skyports in a market leading position, which will allow us to continue growing and enabling new aviation services.”
Read the full story here: https://lnkd.in/ebJNysjf
Grupo ACS | Iridium Concesiones de Infraestructuras, S.A.
Assistant Manager (Design) at S. P. Singla Constructions Pvt Ltd
1moWow it’s absolutely marvellous… can anyone share the crane capacity?