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Skyways Secures $5 Million to Boost Production of Autonomous Cargo Drones

  • Skyways, a designer and manufacturer of autonomous cargo drones, secures $5 million to accelerate production of its V3 aircraft for the U.S. Department of Defense.
  • The funding from Leonid Capital Partners aims to speed up the production of the advanced V3 unmanned aircraft following a recent military contract award.
  • The V3 aircraft can carry up to 100 pounds of cargo, travel over 1,000 miles, and stay airborne for more than 20 hours, featuring a double-hybrid system for efficient operation.
  • Skyways' success reflects the growing investment in unmanned systems driven by increased defense spending, with company leaders expressing optimism for future growth and innovation in the sector.

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