Q: You’ve recently announced a $100 million investment commitment from GEM Global Yield LLC SCS (“GEM”); can you tell us something more? A: Skyworks Aeronautics will use the funds to move forward with the commercialization of three of its unique gyroplane aircraft
Skyworks Aeronautics will use the funds to move forward with the commercialization of its cutting-edge gyroplane aircraft, including the eGyro™ electric air taxi geared towards urban air mobility and the 400 mph VertiJet™ VTOL aircraft that competes directly with helicopters, but at a much higher speed, longer range and lower operating cost.
“The AFWERX Reimagining Energy for the DoD Challenge is critical to our mission of increasing collaboration between large businesses and entrepreneurs to accelerate solutions for the Air Force,” stated Mark Rowland of AFWERX. “On behalf of AFWERX and the Department of Defense, we congratulate the teams advancing to the next phase. Their contributions are invaluable and have the potential to create game-changing results across the Air Force enterprise.”
