Air Mobility Under Development by SkyDrive, Production Partnered by Suzuki,
Unveiled in India.
～SkyDrive Secures Additional Funding from Suzuki Motor Corporation～
TOYOTA, Japan, January 10, 2024 - SkyDrive Inc. (“SkyDrive”), a leading Japanese eVTOL aircraft
(*1) manufacturer based in Japan, today announced that it secured additional funding in its Series
C round through a third-party allotment of new shares to Suzuki Motor Corporation (“Suzuki”). This
will accelerate the development and manufacturing of our eVTOL aircraft.
（*1）Air Mobility is also called “eVTOL aircraft” which is an abbreviation for electric vertical takeoff and landing. eVTOL aircraft
are characterized by electrification, a fully autonomous autopilot, and vertical takeoff and landing.
SkyDrive and Suzuki also jointly participate and exhibit at the Global Trade Show to be held during
the Vibrant Gujarat Global Summit 2024 (*2) from January 9th to 13th in the State of Gujarat, India.
This trade show is one of the largest exhibitions in the world with “Cutting-Edge Technology”.
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 (*3), we will explore and
strengthen the business development of eVTOL in the Indian Market.
Suzuki Invests in SkyDrive's eVTOL Aircraft Development
SkyDrive Inc, a prominent Japanese eVTOL aircraft manufacturer, has secured additional Series C funding from Suzuki Motor Corporation, bolstering the development and production of their eVTOL aircraft. This partnership was announced at the Vibrant Gujarat Global Summit 2024 in India, one of the world's largest tech exhibitions. SkyDrive is also showcasing a scaled model of their aircraft at the summit with Suzuki's support. The collaboration will focus on expanding the business of eVTOL in India's aviation market.
