Skyfly Technologies Secures $10 Million to Launch Axe Electric Aircraft for Private Owners
- Published
- Source
- Dronelife.com
Skyfly Technologies, based in the UK, has successfully raised $10 million to advance the commercial production of its two-seat Axe electric aircraft. This innovative aircraft features vertical takeoff capabilities combined with fixed-wing flight, specifically targeting private ownership rather than commercial air taxi services.
The significance of this funding lies in its potential to complete FAA light-sport certification and enhance manufacturing capabilities in both the UK and the US. With over 100 prototype flights already conducted, Skyfly anticipates its first customer deliveries by 2027, supported by an order book of 61 private customers globally.
Looking ahead, the FAA’s Modernization of Special Airworthiness Certification (MOSAIC) framework, effective from July 2026, presents new opportunities for electric aircraft like the Axe. As Skyfly continues to work towards compliance with certification requirements, the market for private electric aircraft is poised for growth, driven by evolving regulations and consumer interest.
Original report
Your Own Personal eVTOL? Skyfly Raises $10 Million to Bring the Axe to Market
Dronelife.com · Miriam McNabbThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
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