Companies · United Kingdom

Skyfly Technologies

Skyfly Technologies, which says it is based in Thorpe Mandeville, Oxfordshire, said on October 20, 2026 that it had closed a $10 million seed round led by HICO Investment Group, with participation from Archangel. Skyfly says the funds will complete FAA light-sport certification of its two-seat electric Axe under the MOSAIC rules it says came into force in July 2026, and will scale production in the UK and the United States, with first customer deliveries planned for 2027. That year is a target. Light-sport certification is not described as complete and is not a type certificate. Skyfly says the prototype has flown more than 100 times and holds experimental flight permits in the UK and the United States. Those permits are not type certificates. Skyfly says 61 private customers are on its order book and does not say whether they are firm orders. Aviation Week's opening, the only part that loaded, says the round is led by Singapore-based HICO and is planned to take the Axe through FAA Part 22 approval as a light-sport aircraft. This page does not treat Part 22 as an issued certificate. The photograph is from Skyfly's press kit linked in the release.

White high-wing Skyfly Axe with eight rotors flying low over a green field and a line of trees
Image: Skyfly
Status
Active
Updated
Where the source places it
Thorpe Mandeville, Oxfordshire, United Kingdom

Vehicles

Certificates

No certification row is recorded here yet.

Funding and orders

DateKindPartiesAmountWhat the source saysSources
Funding round
Firm
Skyfly Technologies
Skyfly Technologies AxeHICO Investment Group (lead) and Archangel
$10 million
Skyfly Technologies said on October 20, 2026 that it had closed a $10 million seed round led by HICO Investment Group, with participation from Archangel. Skyfly says the funds are to complete FAA light-sport certification of the Axe under the MOSAIC rules, scale production in the UK and the US, and accelerate the Longbow hybrid-electric uncrewed aircraft. Light-sport certification is not described as complete and is not a type certificate. Aviation Week's visible opening says the round is planned to take the Axe through FAA Part 22 approval as a light-sport aircraft. The rest of that article did not load. This row does not treat Part 22 as an issued certificate.
Order
Conditional
Skyfly Technologies
Skyfly Technologies AxePrivate customers, not named
61 private customers. Deposits and firmness not stated
Skyfly said on October 20, 2026 that 61 private customers are on its order book, with first deliveries planned for 2027. The release does not say whether those are firm orders, reservations or deposits, and does not state a price. The 2027 date is a target. Urban Air Mobility News's report on the round did not repeat the customer count.

Sources