The low cost carrier developer Irelandia Aviation — the company behind Ryanair and Allegiant, among other airlines — is investing in Skyports, the U.K.-based drone delivery operator and developer of urban air mobility (UAM) infrastructure.
The companies announced on March 9 that Irelandia is joining Skyports’ Series A funding round along with previously announced investors Deutsche Bahn Digital Ventures, Groupe ADP, and Levitate Capital. Additionally, Irelandia founder and managing partner Declan Ryan will take a seat on the Skyports board.
The development brings Skyports’ total Series A investment to £6 million (approximately US$8 million). Skyports said it plans to use to money to continue its “ambitious program of site acquisition for passenger and cargo vertiports in cities around the world” — including Los Angeles and Singapore, where the company recently collaborated with Volocopter to demonstrate a prototype “VoloPort.”
Skyports will also expand its team to enable the full commercialization of its urban and rural drone delivery services, the company said.
According to Duncan Walker, Skyports chief executive, “Irelandia have been pioneers in the aviation industry for many years. . . . Their investment further strengthens our financial position. Skyports investors have a combined balance sheet in excess of €80 billion (£70 billion), putting us in a unique position to build scale in this emerging industry.”
“We are delighted to partner with the team at Skyports who have become leaders in the development of the infrastructure required to enable the UAM industry,” Ryan stated in a press release. “We at Irelandia look forward to working with Skyports, aviation regulators, manufacturers, and operators to expand in new markets and make UAM and drone services a reality globally.”