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Skyryse Raises $300M to Automate Aircraft

Firm will use the funding to complete its FAA certification and install SkyOS system on new airframes.

Skyryse One helicopter automated with SkyOS, Robinson R66 airframe
The cockpit of Skyryse’s flagship Skyryse One helicopter replaces cyclic, collective, and throttle controls with a single control stick, pair of touchscreen displays, and fly-by-wire system. [Credit: Skyryse]
Gemini Sparkle

Key Takeaways:

There’s a new “unicorn” in the aviation technology world.

Skyryse, which on Tuesday announced a $300 million Series C funding raise, said it is now valued at more than $1 billion. The firm claims it is the first founder-led, privately held company offering dual-use civil and defense aviation technology to cross that threshold. It said it has raised more than $605 million in equity capital to date.

Jack Daleo

Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.

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