Skydweller Aero
Latest round
- Series A
Last raised
- Sep 2021
Total raised
- $8M
Investors
- 5
About Skydweller Aero
Founded in 2019 and headquartered in Alexandria, US, Skydweller Aero Inc. focuses on the development of uncrewed solar-powered aircraft.00 mn from the European Investment Bank. The founder, John Parkes, has a background in aerospace technology, contributing to the innovative direction of the company.Skydweller specializes in the design and manufacture of autonomous, solar-powered aircraft, prominently featuring the largest uncrewed models in the world. Each aircraft is made from carbon fiber with a wingspan similar to that of a Boeing 747, engineered for perpetual flight and capable of supporting payloads up to 800 pounds. Their functionalities cater to a variety of applications such as maritime surveillance, intelligence gathering, and emergency services, with government and military entities among their clientele for critical missions that include detecting illicit activities at sea and monitoring wildlife in Africa.Skydweller's revenue model is built around the direct sale of its advanced aircraft, supplemented by ongoing service agreements with government and military customers. The transactions include initial procurement contracts for the aircraft, accompanied by subscription-based services for software updates and maintenance. This pricing structure is designed to reflect the advanced capabilities of their solar-powered aircraft, which provide significant cost savings compared to traditional combustion-powered alternatives.In late September 2023, Skydweller Aero Inc.00 mn in Venture Debt, which will be utilized to support all research and development activities, as well as operating and capital expenses. The company is expected to expand its product offerings, although specific upcoming products have yet to be detailed. Geographically, Skydweller aims to penetrate new markets within Europe and expand its presence in North America by the end of 2025.
Who invested in Skydweller Aero
5 investors across 1 round
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Funding rounds
Series A
Sep 9, 2021
Amount
$8M
Investors
Questions about Skydweller Aero
Who invested in Skydweller Aero?
Skydweller Aero has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Skydweller Aero raised?
Skydweller Aero has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Skydweller Aero last raise money?
Skydweller Aero's most recent round on record is a Series A, in Sep 2021.
What does Skydweller Aero do?
Founded in 2019 and headquartered in Alexandria, US, Skydweller Aero Inc.
Where is Skydweller Aero headquartered?
Skydweller Aero is headquartered in Alexandria, US.
Which VCs invest in companies like Skydweller Aero?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back aerospace companies at Skydweller Aero's stage. Their profiles are linked below.
VCs backing aerospace startups at Series A
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