Skyryse, a California-based aviation automation company, has raised over $300 million in a Series C funding round, propelling its valuation to $1.15 billion. The latest investment, led by Autopilot Ventures, aims to support Skyryse’s efforts to obtain Federal Aviation Administration (FAA) certification for its innovative flight control system, SkyOS.
With the additional capital, Skyryse plans to expand the integration of SkyOS, its universal operating system, across a range of aircraft, including U.S. military Black Hawk helicopters. Notable investors in this funding round include Fidelity Management & Research Company, ArrowMark Partners, and Durable Capital Partners.
SkyOS simplifies flight operations by removing traditional mechanical controls and implementing a system equipped with advanced flight computers. While the system does not operate autonomously and requires a pilot, it automates complex flight tasks, enhances pilot capabilities, and elevates overall safety standards.
The user-friendly interface of SkyOS, allowing pilots to control aircraft operations with a simple touchscreen swipe, has garnered significant interest from industry players like United Rotorcraft, Air Methods, and Mitsubishi Corporation, leading to partnerships for integrating SkyOS into various helicopters and airplanes.
Initially developed and tested on helicopters, which are known for their instability, Skyryse’s approach marks a significant advancement in aviation automation technology, promising safer and more efficient flight operations.
Source: TechCrunch