Skyports extends its Series A Capital Raise to £6m ($8m) with investment from Irelandia Aviation
Summary
Skyports intends to use the funds to continue its ambitious programme of site acquisition for passenger and cargo vertiports in cities around the world, including Singapore and Los Angeles. The company will also expand its team to enable the full commercialisation of its urban and rural drone delivery services. Irelandia and the Ryan family have founded five airlines including Ryanair in Europe, Tiger Airways in Asia, Allegiant in the USA and Viva Air in Latin America where Declan is Executive Chairman. Skyports investors have a combined balance sheet in excess of €80 billion (£70 billion) putting us in a unique position to build scale in this emerging industry.” Declan Ryan, Managing Partner of Irelandia Aviation, said: “We are delighted to partner with the team at Skyports who have become leaders in the development of the infrastructure required to enable the UAM industry. We at Irelandia look forward to working with Skyports, aviation regulators, manufacturers and operators to expand in new markets and make UAM and drone services a reality globally.