Skydrive receives Japanese Government innovation grant

Render of a Skydrive eVTOL aircraft on a helipad.
Image Credit: Skydrive

SkyDrive Inc., a leading Japanese eVTOL aircraft manufacturer, has been chosen by the Ministry of Economy, Trade and Industry (“METI”) for the “Next Generation Air Mobility Field” of the Small and Medium Enterprise Innovation Promotion Project (SBIR Phase3).

This milestone marks a significant turning point as SkyDrive stands to receive approximately 12.4 billion yen (equivalent to USD 82,666,666) in funding.

This financial infusion will serve as a catalyst for the development of new technologies aimed at revolutionizing air travel, reducing traffic congestion, and lowering emissions.

The SBIR Program

The SBIR program, initiated by the Japanese government, plays a pivotal role in supporting startup companies dedicated to advanced technologies that can address the most pressing societal challenges of our time.

It empowers research and development projects that not only exhibit remarkable growth potential but also promise a positive impact on society.

In this context, SkyDrive Inc.’s selection for the “Next-generation Air Mobility Field” underlines its innovative prowess and commitment to transforming the future of transportation.

SkyDrive’s eVTOL Technology

SkyDrive is at the forefront of eVTOL technology, striving to make urban air mobility a reality. The company’s eVTOL aircraft is designed as a multicopter-type aircraft capable of carrying two passengers and a pilot.

With a maximum takeoff weight of less than 1.5 tons, it embodies the qualities of safety, quietness, and environmental friendliness.

One of the standout features of SkyDrive’s eVTOL is its patent-pending rotor frame technology, which allows it to land on rooftops.

This distinctive capability makes it an accessible mode of transportation, suitable for family outings, commuting, and more, with an economically viable operating cost per person.

Pioneering the Future of Air Mobility

Backed by the financial support of the Japanese government through the SBIR program, SkyDrive is poised to meet market demands and specifications required by operators.

The company’s strategic vision includes mass production of its eVTOL aircraft and obtaining Type Certification for commercial operation within the next five years.

This ambitious goal aligns with the global trend toward urban air mobility and the increasing need for innovative and sustainable transportation solutions.

Impact of the SBIR Program

The SBIR program serves as a springboard for SkyDrive’s research and development endeavors. It allows the company to channel its resources into enhancing the performance, safety, and efficiency of its eVTOL aircraft.

Furthermore, the program supports the development of new technologies and systems essential for the successful deployment of eVTOLs in Japan and, by extension, the rest of the world.

By Len Varley - Assistant Editor 3 Min Read
3 Min Read
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