Tobu group invests in SkyDrive to develop flying-car services
Tobu Railway and Tobu Top Tours will work with the aircraft developer on infrastructure and travel services in Kanto.
SkyDrive has raised equity financing from Tobu Railway and Tobu Top Tours through a third-party share allotment. The investment amount was not disclosed.
The partners will combine SkyDrive’s aircraft development and operations knowledge with the Tobu group’s transport, tourism and regional networks. Their work will focus on the Kanto region, including ground infrastructure and connections with tourism destinations.
Tobu Railway will contribute to infrastructure planning and identity verification, while Tobu Top Tours will help develop business models and travel packages. The collaboration supports SkyDrive’s preparations for commercial flying-car services.
Use of funds
Develop flying-car ground infrastructure in Kanto
Build tourism and local transport partnerships