SkyDrive Wins 12.4 Billion Yen Innovation Grant from Japanese Government

SkyDrive, a leading Japanese  eVTOL aircraft manufacturer based in Japan, is pleased to announce that it 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). SkyDrive has been granted approximately 12.4 billion  yen (approximately, USD 82,666,666) which will support the development of  innovative technologies aimed at enhancing future social implementation, including  reducing traffic congestion and lower emissions. 

The SBIR program is a Japanese government initiative to grant startup companies  working on advanced technologies that address societal challenges. The program  supports research and development projects that have high potential for growth and  positive impact on society. 

SkyDrive’s eVTOL Technology 

SkyDrive is developing a multicopter-type eVTOL aircraft with two passengers and a  pilot. The aircraft has a maximum takeoff weight of less than 1.5 tons and is designed  to be safe, quiet, and environmentally friendly. There are approximately 10 eVTOL  companies, including SkyDrive, that have begun type certification process for their  eVTOLs presently. It features a unique patent pending rotor frame technology that  allows it to land on rooftops, making it suitable and accessible aircraft for family,  friends, and commuters with an affordable operating cost per person.

Impact of SBIR Program 

With the support of the Japanese government through the SBIR program, SkyDrive is  going to develop the aircraft to fully satisfy market demands with the specification  required from operators and be mass-produced, and also to obtain Type Certification  for commercial operation in the next five years. 

The SBIR program enables SkyDrive to accelerate its research and development efforts,  focusing on improving the performance, safety, and efficiency of its eVTOL aircraft. It will also support the development of new technologies and systems necessary for the  successful deployment of eVTOLs in Japan and beyond.