Skyways secures $5M debt facility for cargo-drone production
Skyways secured a $5 million debt facility from Leonid Capital Partners to accelerate V3 cargo-drone production.
Evidence notes
- The credit facility targeted delivery of V3 autonomous cargo drones for U.S. Department of Defense demand.
- Skyways tied the financing to production acceleration rather than early R&D.
Company context
Skyways builds autonomous air-transport systems. The Austin company is a Y Combinator S17 startup developing unmanned aircraft for cargo and air-logistics operations.