Skyports secures £88.6m in Series C funding led by ACS Group to advance vertiport and drone operations.
The Series C financing was led by ACS Group with additional backing from Groupe ADP.
Skyports owns and operates vertiport infrastructure and provides electric drone services across global markets. The company bridges the gap between ground and sky through its specialised infrastructure and uncrewed aviation divisions.
Skyports has secured £88.6m in a Series C funding round led by ACS Group, with additional participation from existing shareholder Groupe ADP. The capital injection makes ACS Group the largest investor in the business and comes alongside three board appointments from the infrastructure giant. Skyports will direct the proceeds towards expanding its vertiport network ahead of planned commercial launches, alongside scaling its drone delivery and inspection operations.
From the founder
"With ACS backing, we are in the best possible position to advance commercial air taxi and electric drone services around the world."
Duncan Walker
CEO and Co-founder at Skyports
Investor perspective
"We are proud of our new partnership with Skyports, the leader in vertiport development, and the role we will be able to now play in the new and growing Advanced Air Mobility market. We are eager to bring our knowledge of large-scale infrastructure development and construction to help grow Skyports and the overall AAM market. We are looking at how Skyports Drone Services’ expertise will help us to bring further efficiencies to our existing asset management, construction and mining businesses in the Group. This investment in Skyports is a critical step in our strategy of further expansion in new generation infrastructure, particularly in sustainable mobility."
Nuria Haltiwanger
CEO of IRIDIUM and Chairperson at Skyports, ACS Group
Use of funds
- 01Build out infrastructure
- 02Scale operations
