Japan grants eVTOL maker SkyDrive $82M for AAM development

In a move reflecting the national interests in the race between next-generation aviation companies to bring advanced air mobility (AAM) vehicles to market, Japan's SkyDrive has received 12.4 billion yen ($82.7 million) from the government to support the development of the startup's electric vertical takeoff and landing craft (eVTOL).

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