British eVTOL manufacturer Skyfly has announced a new round of funding to expand its engineering team and develop a new powertrain and hybrid system.
Skyfly is developing the Axe, a two-seat vertical take-off and landing aircraft for the private consumer.
The new funding will enable the start-up to develop new technologies for the Axe including upgraded batteries, motors and speed controllers, as well as the development of the hybrid powertrain which Skyfly says will be a major benefit to both civilian and military customers.
Michael Thompson, Co-founder and CEO at Skyfly Technologies, told Zag Daily: “The funding has given us a fantastic opportunity to develop some of our own technology in-house that is designed and manufactured specifically for our aircraft – this will mean we no longer need to use off the shelf components which inevitably are not directly compatible with each other – this leads to workarounds which generally add weight or complexity.”
In a previous interview with Zag, Michael said that the biggest distinguishing factor that separates Skyfly from the rest of the eVTOL market is that it is targeting the private market, not the commercial market.
Skyfly will be flying outside the city centres using existing infrastructure and landing permissions that have been in use for decades with grassroots general aviation.
“We are getting everything from our tooling, manufacturing and powertrain geared up for larger scale production – this is the focus,” he said. “We want to be delivering aircraft to customers from 2026.”
Skyfly is not disclosing the funding amount.
