Skyfly Technologies Ltd
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Skyfly Technologies Ltd - overview
Established
2019
Location
Banbury, England, UK
Primary Industry
Aerospace
About
Based in Wardington, UK, and founded in 2019 by CEO Michael Thompson, Skyfly Technologies Ltd operates as an aviation manufacturing company that focuses on providing electric vehicles, particularly the Axe 2-seat model. In January 2025, Skyfly Technologies Ltd raised venture funding. Skyfly Technologies specializes in the manufacturing and provision of innovative personal vertical take-off and landing electric vehicles (EVs), notably the Axe 2-seat model. This advanced aircraft is designed to address the growing demand for sustainable, efficient, and user-friendly transportation solutions, particularly in urban environments.
Targeted at private pilots, training organizations, and aviation enthusiasts, the company caters to a diverse clientele that values transportation technology. Skyfly Technologies generates revenue primarily through direct sales of its flagship Axe EV and related services. The company employs a B2C sales model, allowing individual customers to purchase their vehicles directly. Additional revenue streams may include pilot training programs and maintenance services for the aircraft, ensuring optimal performance and compliance with aviation standards.
The company plans to use its proceeds from January 2025 funding to enhance its workforce and technology. Future initiatives include the development of new products.
Primary Industry
Aerospace
Sub Industries
Aerospace
Website
www.skyflytech.com
Verticals
Electric & Hybrid Vehicles, Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Skyfly Technologies Ltd - financials
| Fiscal Year Ended | Oct 31, 2023 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Skyfly Technologies Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Skyfly Technologies Ltd | - |
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