FutureFlight
Skyports Closes $26.3 Million Series B Round with Backing from Singapore's ST Engineering
The company is prioritizing Asia-Pacific countries for its plans to develop advanced air mobility services and infrastructure, including vertiports.
Skyports has been working with Singapore's ST Engineering on commercial drone operations.
ST Engineering's investment in Skyports expands a partnership that already involves joint work on commercial drone operations. (Image: Skyports)

ST Engineering this week signed up as the final investor in Skyports’ $26.3 million Series B funding round. The aerospace and defense group, which is owned by the Singapore government’s Temasek Holdings, committed to a $3.1 million investment in the vertiport developer and commercial drone operator.

UK-based Skyports has been working with ST Engineering since 2021 on projects including reservoir monitoring and drone inspection services for Singapore’s Public Utilities Board, using ST’s DroNet technology to support beyond-visual-line-of-sight operations. Earlier this year, the partnership was expanded to include Sumitomo Corporation to launch uncrewed aircraft services to deliver parcels to and from ships docked off the coast of the Southeast Asian city state.