ET 13:48

Stock: Skyryse Surpasses $1B Valuation in $300M Funding Round - SKYX

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Operational

[Para 1: The Lead] Skyryse, a U.S.-based aviation technology firm, has surpassed a $1 billion valuation following a $300 million series C funding round. The round, led by Autopilot Ventures and Fidelity Management & Research Company, marks a significant milestone for the company. [Para 2-3: Supporting details & Context] The funding will be utilized for Federal Aviation Administration (FAA) certification and expanding SkyOS, the company's flight system, across additional aircraft types. Skyryse's software-and-hardware solutions aim to reduce pilot workload and operational costs while enhancing safety. The company has secured partnerships with operators like United Rotorcraft, Air Methods, and Mitsubishi Corporation for integrating SkyOS into aircraft such as the Airbus H125 and Bell 407. With FAA design approval granted in 2025, Skyryse is poised to complete certification and capitalize on growing demand for autonomous flight systems.

EditorJack Lee