What is skyTran?
Headquartered at the NASA Ames Research Center, skyTran is pioneering the future of metropolitan transit with its patented SkyTran Magnetic Levitation (STML) technology. The company designs and deploys computer-controlled, two-person vehicles that operate on elevated guideways, effectively bypassing traditional traffic congestion. By integrating NASA-grade engineering expertise with sustainable transportation goals, skyTran offers a scalable alternative to conventional public transit. The firm's market position is defined by its ability to provide a green, safe, and economical transit ecosystem that addresses the increasing demand for efficient infrastructure in densely populated urban environments.
How much funding has skyTran raised?
skyTran has raised a total of $30M across 1 funding round:
Series B
$30M
Series B (2016): $30M with participation from Innovation Endeavors
Key Investors in skyTran
Innovation Endeavors
Innovation Endeavors is a venture capital firm that invests in visionary founders and transformational technologies, focusing on the intersection of data, computation, and advanced engineering to reshape industries like transportation and logistics.
What's next for skyTran?
With the recent infusion of capital, skyTran is well-positioned to accelerate the commercialization of its STML technology. The company's strategic roadmap focuses on transitioning from prototype development to large-scale infrastructure deployment. Future growth will likely involve deepening partnerships with municipal governments and private developers to integrate skyTran networks into existing smart city frameworks. As the firm scales, the focus will remain on optimizing vehicle throughput and expanding the reach of its elevated transit systems to solve the persistent challenges of urban congestion and carbon emissions in global transit markets.
See full skyTran company page
