Aircraft
SkyDrive Signs First Preorder for Private-use eVTOL
SkyDrive opened the order book to private individual customers for its SD-05 two-seat eVTOL, and Drone Fund director Kotaro Chiba was the first to order.
Venture capitalist Kotaro Chiba (left) views a model of SkyDrive's SD-05 eVTOL aircraft.
Venture capitalist Kotaro Chiba (left) views a model of SkyDrive's SD-05 eVTOL aircraft. (Image: SkyDrive)

Kotaro Chiba, co-founder and managing partner of venture-capital group Drone Fund, yesterday became the first private individual to preorder a SkyDrive SD-05 two-seat eVTOL. The Japanese company started accepting preorders this week from private individuals, but has been securing preorders from business customers since unveiling a new vehicle design in September. Chiba also was the first investor in the company back in November 2018.

SkyDrive did not disclose the terms of the personal-use preorder agreements, including if they are backed by a down payment. The company has also not revealed the purchase price for the SD-05, which it aims to start delivering in 2025.