What is Skykraft?
Skykraft is at the forefront of developing and deploying a space-based Air Traffic Management (ATM) service. The company is actively manufacturing satellites essential for its constellation from its new facility in Canberra, positioning itself to revolutionize how air traffic is managed globally by leveraging extraterrestrial infrastructure.
How much funding has Skykraft raised?
Skykraft has raised a total of $120M across 1 funding round:
Other Financing Round
$120M
Other Financing Round (2023): $120M with participation from OPTrust, Main Sequence Ventures, and Foresight Group Australia
Key Investors in Skykraft
OPTrust
OPTrust, established in 1994 and based in Ontario, Canada, operates with joint trusteeship between plan members and the Government of Ontario, focusing on the administration and investment of plan assets.
Main Sequence Ventures
Main Sequence Ventures is a venture capital firm dedicated to deeptech, supporting inventors who create new industries through scientific expertise, with a focus on addressing global challenges in areas like space exploration and sustainability.
Foresight Group Australia
Foresight VCT Plc is a UK-based venture capital trust that invests in a diversified portfolio of trading companies and growth capital opportunities, aiming to provide regular dividends and capital growth for private and institutional investors.
What's next for Skykraft?
The recent major strategic investment signals a pivotal growth phase for Skykraft, likely enabling the expansion of its satellite manufacturing capabilities and the acceleration of its space-based ATM service deployment. This enterprise-level funding suggests a focus on scaling operations, achieving key technological milestones, and solidifying its market position in the competitive aerospace industry.
See full Skykraft company page