The company’s Series C funding was led by Autopilot Ventures and returning investor Fidelity Management & Research Company, with participation from new and returning investors ArrowMark Partners, Atreides Management LP, BAM Elevate, Baron Capital Group, Inc., Durable Capital Partners, Positive Sum, Qatar Investment Authority (QIA), RCM Private Markets Fund managed by Rokos Capital Management (US) LP, Woodline Partners, among others.
Last year, the FAA granted final design approval for SkyOS’ flight control computers, confirming the FAA’s acceptance of Skyryse’s complete, aircraft-agnostic system architecture and leaving only formal flight verification before certification. Currently, Skyryse is in FAA For-Credit flight testing for SkyOS. To date, the system has been installed on the R66 based Skyryse One and a UH-60 working with Ace Aeronautics and CAL FIRE. The company has also explored installation on the H130 with Air Methods. In addition, to the rotary applications Skyryse is also exploring fixed wing options notably in Cirrus products.
Image: Skyryse
