Levitate Capital

Swoop Aero, established in 2017 and headquartered in Melbourne, Australia, specializes in drone-powered logistics services. The company aims to revolutionize air transportation networks by integrating drone logistics into the first and last mile of supply chains, enhancing their strength and agility. Swoop Aero offers two-way deliveries across diverse destinations, organizations, and providers, utilizing autonomous drones to transport essential supplies, even to locations otherwise inaccessible. Their services cater to various industries, including health, transport, disaster management, and search and rescue, with a mission to make access to the skies seamless for 1 billion people by 2030.

Whisper Aero is a company that designs and manufactures advanced electric propulsion systems aimed at creating ultra-quiet and efficient solutions for various applications in aviation, defense, and commercial sectors. The company focuses on developing technology that converts electricity into thrust, emphasizing the reduction of noise and energy consumption. Whisper Aero's propulsion systems are adaptable and scalable, making them suitable for a range of vehicle sizes and speeds, from aircraft and drones to ground equipment. By harnessing air power more cleanly and quietly, Whisper Aero's innovations aim to minimize noise pollution and promote environmentally friendly energy use in the aviation industry.

Skydio, Inc. is a drone manufacturer founded in 2014 and based in Redwood City, California. The company specializes in developing artificial intelligence-powered drones that cater to consumers, enterprises, and government clients. Skydio's drones utilize an array of cameras and proprietary computer vision technology to autonomously navigate and avoid obstacles in real-time, allowing users to perform complex tasks with ease. The company's initial product, the R1, showcased its ability to track subjects and film them while avoiding obstacles without human intervention. This was followed by the Skydio 2 in 2019, which improved upon its predecessor by enhancing autonomous tracking and video capabilities while reducing the price significantly. Skydio's flagship drone, the X2, features advanced capabilities such as seven cameras, 100x zoom, and night vision, aimed at transforming ordinary users into proficient pilots through its self-piloting features. Skydio has garnered support from prominent investors and strategic partners, positioning it as a leader in the drone industry.

Skyports Limited is an urban air mobility infrastructure provider based in London, with additional offices in California and Singapore. Founded in 2017, the company specializes in securing, designing, building, owning, and operating vertiports for passenger and cargo transport. Skyports also develops and implements comprehensive drone delivery solutions, addressing challenges in traditional transportation methods. The company serves various sectors, including medical, e-commerce, and logistics, by creating efficient flight operations within urban and suburban environments. By collaborating with vehicle manufacturers, city authorities, regulators, and real estate partners, Skyports aims to establish resilient infrastructure networks that facilitate safe and efficient operations for both passenger and cargo drones in cities worldwide, including Singapore and Los Angeles.

Skyports Limited is an urban air mobility infrastructure provider based in London, with additional offices in California and Singapore. Founded in 2017, the company specializes in securing, designing, building, owning, and operating vertiports for passenger and cargo transport. Skyports also develops and implements comprehensive drone delivery solutions, addressing challenges in traditional transportation methods. The company serves various sectors, including medical, e-commerce, and logistics, by creating efficient flight operations within urban and suburban environments. By collaborating with vehicle manufacturers, city authorities, regulators, and real estate partners, Skyports aims to establish resilient infrastructure networks that facilitate safe and efficient operations for both passenger and cargo drones in cities worldwide, including Singapore and Los Angeles.

Volocopter GmbH, founded in 2012 and based in Bruchsal, Germany, specializes in the manufacture of electric helicopters aimed at transforming urban mobility. The company designs innovative aircraft, including the Volocopter 2X, a vertical take-off and landing (VTOL) vehicle intended for passenger transportation. Volocopter's primary offering is Volocity, an air taxi service targeting urban areas, along with a comprehensive ecosystem that includes Voloports—dedicated landing and take-off sites. By providing emission-free and quiet flights, Volocopter aims to alleviate urban congestion, reduce pollution, and offer sustainable transit alternatives in megacities worldwide. The company also integrates its services through an application, facilitating seamless transport options that connect key transport hubs while enhancing the efficiency of both passenger and cargo movement.

Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company specializes in the development and operation of autonomous aircraft systems capable of delivering goods, particularly through its innovative aerial cargo delivery system. Elroy Air's aircraft feature rotor-based vertical takeoff and landing (VTOL) capabilities that transition to wing-based cruise flight for efficient long-range transport. This technology services a variety of sectors, including commercial shipping, humanitarian aid, and military applications. The delivery drones are designed to carry modular pods loaded with heavy cargo, enabling rapid transportation to regions with challenging infrastructure, thus facilitating immediate aid and resupply operations. By offering a cost-effective and environmentally friendly alternative to conventional aviation, Elroy Air enhances the logistics and supply chain capabilities for businesses and organizations in need of reliable delivery solutions.

Matternet is a leading developer of commercial drone delivery systems tailored for urban and suburban environments. The company offers the Matternet M2 drone alongside its proprietary software platform, enabling automated package exchange and efficient logistics operations. Matternet operates its technology directly for customers and collaborates with logistics organizations, such as UPS. In 2017, it became the first company authorized for commercial Beyond Visual Line of Sight (BVLOS) operations for drone logistics networks in urban areas of Switzerland. By 2019, Matternet and UPS launched drone delivery services in the United States, marking the commencement of revenue-generating drone delivery operations in the country. In 2022, the Matternet M2 achieved significant regulatory milestones by obtaining standard Type Certification and Production Certification from the Federal Aviation Administration (FAA). To date, Matternet's technology has facilitated over 20,000 commercial flights, solidifying its position in the drone logistics sector.

Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company specializes in the development and operation of autonomous aircraft systems capable of delivering goods, particularly through its innovative aerial cargo delivery system. Elroy Air's aircraft feature rotor-based vertical takeoff and landing (VTOL) capabilities that transition to wing-based cruise flight for efficient long-range transport. This technology services a variety of sectors, including commercial shipping, humanitarian aid, and military applications. The delivery drones are designed to carry modular pods loaded with heavy cargo, enabling rapid transportation to regions with challenging infrastructure, thus facilitating immediate aid and resupply operations. By offering a cost-effective and environmentally friendly alternative to conventional aviation, Elroy Air enhances the logistics and supply chain capabilities for businesses and organizations in need of reliable delivery solutions.