Skyports Secures over $110M in Series C Funding with ACS Group Leading the Investment

Skyports, a prominent provider of vertiport infrastructure and drone services, recently secured over $110 million in a Series C funding round. The substantial investment, led by ACS Group through its subsidiary Iridium Concesiones de Infraestructuras S.A., makes ACS the principal shareholder. The new funds will enhance Skyports’ global vertiport projects and drone services. These include a partnership with the Roads and Transport Authority of Dubai and Joby Aviation to launch air taxi services in Dubai by 2026 and expansions in offshore energy deliveries, medical transport, and asset inspections through Skyports Drone Services.

The partnership aims to integrate Skyports’ drone services into ACS Group’s infrastructure projects, enhancing transport and construction operations. Other significant contributors to the funding round include Groupe ADP, a longstanding collaborator with Skyports since 2019, focusing on developing vertiport infrastructures like the first European vertiport testbed in Paris. This collective investment underscores strong market confidence in Skyports and sets the stage for substantial growth in the aviation services sector, driven by a commitment to advancing sustainable mobility solutions.

Need Deeper Intelligence on the AI Market?

AI Insider's Market Intelligence platform tracks funding rounds, competitive landscapes, and technology trends across the global AI ecosystem in real time. Get the data and insights your organization needs to make informed decisions.

Related Articles

YouTube Extends AI Deepfake Detection Tool to Entertainment Industry

YouTube has announced it is expanding its likeness detection technology — which identifies AI-generated simulations of real people’s faces — to talent agencies, management companies,

Jeff Bezos-Backed AI Startup Project Prometheus Nears $10B Raise at $38B Valuation

Jeff Bezos’s artificial intelligence venture, Project Prometheus, is close to closing a $10 billion funding round that would value the startup at $38 billion, the

Loop Raises $95M Series C to Scale Its AI Platform Across the Supply Chain

Insider Brief PRESS RELEASE — Loop, the full-stack, verticalized AI platform for logistics and supply chains, announced it has raised a $95 million Series C

Stay Updated with AI Insider

Get the latest AI funding news, market intelligence, and industry insights delivered to your inbox weekly.

Subscribe today for the latest news about the AI landscape