Press Release

SkyDrive plans to utilize Volatus’ advanced air mobility (AAM) infrastructure including vertiports and charging stations Both companies will cooperate with each other with the common goal of promoting AAM TOYOTA CITY, JAPAN, September29, 2022 — SkyDrive Inc. (hereinafter SkyDrive) has formed a strategic alliance with Volatus Infrastructure, LLC (hereinafter Volatus). SkyDrive and Volatus agree to

TOYOTA CITY, JAPAN, Sept. 26, 2022 — SkyDrive Inc. today unveiled the design of its commercial model flying car — the SkyDrive SD-05. SkyDrive is planning to use the SD-05, currently in development, to launch air taxi service in the Osaka Bay area during the world exposition scheduled for 2025 in Osaka, Japan. “This is

TOYOTA CITY, JAPAN, Sept. 26, 2022 — SkyDrive Inc., a leading developer of flying cars1 and cargo drones, announced that it raised a total of 9.6 billion yen in the Series C round of financing through a third-party allotment of new shares and bank loans to 13 companies including MUFG Bank, Ltd. This brought the

TOYOTA, JAPAN, July 22, 2022 — SkyDrive Inc. (hereinafter SkyDrive) ranked first at the Startup World Cup Japan Regional competition, which took place in Tokyo, Japan on July 21, 2022. SkyDrive is a leading manufacturer of flying cars* in Japan and is currently engaged in the development of a compact, two-seating electric-powered flying car with

SkyDrive Inc. (headquartered in Toyota City, Aichi Prefecture; Tomohiro Fukuzawa, CEO President and Representative Director; hereinafter “the Company”), a developer of “flying cars”1 and “cargo drones”, announced that it has selected Electric Power Systems, Inc (headquartered in North Logan, UT, CEO; Nathan Millecam hereinafter “EPS”), a leading provider of high-power, scalable powertrains that are certifiable for electrified aviation, to

SkyDrive Inc. (headquartered in Toyota City, Aichi Prefecture; Tomohiro Fukuzawa, CEO; hereinafter “the Company”), a developer of “flying cars”1 and “cargo drones”, partnered with Toray Carbon Magic Co., Ltd. (headquartered in Maibara-city, Shiga-prefecture; Akiyoshi Oku, President and Representative Director; hereinafter “TCM”), providing advanced Carbon Fiber Reinforced Plastics (“CFRP”) products for the automotive, aerospace and other industries, to develop a

TOYOTA CITY, JAPAN, April 27, 2022 — SkyDrive Inc., a leading manufacturer of flying cars1 and cargo drones in Japan, announced that an agreement was reached in March with the Japan Civil Aviation Bureau (JCAB) of the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to base the type certification2 for the company’s flying car on the

TOYOTA CITY, JAPAN, April 7, 2022 — SkyDrive Inc. today announced that Kintetsu Group Holdings Co., Ltd. will invest in SkyDrive and will work toward the goal of having flying cars* in operation at Expo 2025 Osaka, Kansai, Japan. The two companies are also working to finalize a partnership agreement to study the feasibility of

TOKYO, JAPAN, March 22, 2022 — SkyDrive Inc. (hereinafter SkyDrive) and Suzuki Motor Corporation (hereinafter Suzuki) today jointly announced a partnership for the commercialization of flying cars*. SkyDrive is a leading manufacturer of flying cars in Japan and is currently engaged in the development of a compact, two-seating electric-powered flying car with plans for full-scale