The future takes flight with gyronautics | Business Trends Magazine | May 2021

2022-02-09T18:51:30-05:00May 19th, 2021|

Moving forward with the commercialization of its cutting-edge gyroplane aircraft, Skyworks Aeronautics Corp. announced a $100 million investment commitment from GEM Global Yield LLC. The company plans to fast forward its development of the state-of-the-art electric gyroplane, eGyro™ air taxi geared towards urban air mobility, and the 400 mph VertiJet™ vertical take-off and landing (VTOL) aircraft that competes directly with helicopters, but at a much higher speed, longer range and lower operating cost. Executive Director, Brig. General (Ret) John E. Michel says: “This investment is key to scale up across several platforms.”