Levitate Capital

Swoop Aero, established in 2017 and headquartered in Melbourne, Australia, specializes in drone-powered logistics. The company aims to revolutionize air transportation networks by integrating drone logistics into supply chains, enhancing their strength and agility. Swoop Aero offers two-way deliveries using autonomous drones, enabling the transport of essential supplies, such as medical aid, to remote or hard-to-reach locations on demand. Their services span various industries, including healthcare, disaster management, and search and rescue, with a goal to make this service accessible to 1 billion people by 2030. Additionally, Swoop Aero selectively provides its technology platform to global organizations to extend its impact.

Whisper Aero specializes in designing and manufacturing electric propulsion systems that are exceptionally quiet, efficient, and scalable. The company's core technology converts electricity into thrust, serving diverse applications in aviation, defense, and commercial sectors. Its adaptable propulsion solutions offer scalable thrust capabilities, suitable for various vehicle sizes and speeds, from aircraft and drones to ground equipment. Whisper Aero's primary focus is to minimize noise pollution and promote cleaner energy use through its innovative, quieter flight technology.

Skydio, Inc. is a drone manufacturer based in Redwood City, California, founded in 2014. The company designs, assembles, and supports advanced drones that leverage artificial intelligence to enhance user experience. Skydio's drones are utilized in various sectors, including public safety, inspection, and defense, catering to consumers, enterprises, and government customers. Their products feature an array of cameras and proprietary computer vision technology that allows for real-time obstacle recognition and avoidance, enabling autonomous flight and intelligent decision-making. The company's initial offering was the R1 drone, which could autonomously track and film targets without human intervention. This was followed by the Skydio 2, which was more affordable and boasted improved tracking capabilities. The flagship model, the X2, is equipped with advanced features such as night vision and 100x zoom, allowing ordinary users to operate drones with ease. Skydio is supported by prominent investors and strategic partners, contributing to its growth in the competitive drone market.

Skyports Limited is a provider of urban air mobility infrastructure and drone delivery solutions, focusing on the design, construction, ownership, and operation of passenger and cargo vertiports. Founded in 2017 and headquartered in London, with additional offices in California and Singapore, the company aims to facilitate safe and efficient flight operations within urban and suburban environments. Skyports develops and implements comprehensive drone delivery systems, which include drones, flight software, and safety equipment, to address inefficiencies in traditional transportation methods. The company collaborates with vehicle manufacturers, city authorities, regulators, and real estate partners to acquire sites for vertiports in various cities globally, including Singapore and Los Angeles. Through these efforts, Skyports seeks to create robust infrastructure networks to support the operation of passenger and cargo drones in urban settings.

Skyports Limited is a provider of urban air mobility infrastructure and drone delivery solutions, focusing on the design, construction, ownership, and operation of passenger and cargo vertiports. Founded in 2017 and headquartered in London, with additional offices in California and Singapore, the company aims to facilitate safe and efficient flight operations within urban and suburban environments. Skyports develops and implements comprehensive drone delivery systems, which include drones, flight software, and safety equipment, to address inefficiencies in traditional transportation methods. The company collaborates with vehicle manufacturers, city authorities, regulators, and real estate partners to acquire sites for vertiports in various cities globally, including Singapore and Los Angeles. Through these efforts, Skyports seeks to create robust infrastructure networks to support the operation of passenger and cargo drones in urban settings.

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 autonomous aircraft systems designed for aerial cargo delivery, focusing on long-distance transport of heavy cargo. Its innovative air cargo system utilizes rotor-based vertical takeoff and landing (VTOL) technology, transitioning to wing-based cruise flight for efficient long-range delivery. Elroy Air serves various sectors, including commercial shipping, humanitarian aid, and military applications, providing solutions for the middle mile of logistics. Its delivery drones are capable of transporting modular pods loaded with significant amounts of cargo, making them suitable for rapid resupply in challenging environments and offering immediate aid in regions with underdeveloped infrastructure. This technology aims to enhance business-to-business express delivery while reducing costs and environmental impact compared to traditional aircraft.

Matternet is a prominent developer of commercial drone delivery systems aimed at urban and suburban environments. The company offers the Matternet M2 drone along with its proprietary software platform, which allows for automated package exchange and efficient logistics operations. Matternet has established itself as a pioneer in the industry, being the first to gain authorization for commercial Beyond Visual Line of Sight (BVLOS) drone operations in Switzerland in 2017. In collaboration with logistics partners like UPS, Matternet launched drone delivery services in the U.S. in 2019, marking the beginning of revenue-generating drone delivery operations in the country. The Matternet M2 drone achieved significant regulatory milestones, becoming the first drone delivery system to be certified by the Federal Aviation Administration (FAA) in 2022. To date, Matternet's technology has facilitated over 20,000 commercial flights, demonstrating its capability in building and operating comprehensive drone logistics networks for transporting goods.

Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company specializes in autonomous aircraft systems designed for aerial cargo delivery, focusing on long-distance transport of heavy cargo. Its innovative air cargo system utilizes rotor-based vertical takeoff and landing (VTOL) technology, transitioning to wing-based cruise flight for efficient long-range delivery. Elroy Air serves various sectors, including commercial shipping, humanitarian aid, and military applications, providing solutions for the middle mile of logistics. Its delivery drones are capable of transporting modular pods loaded with significant amounts of cargo, making them suitable for rapid resupply in challenging environments and offering immediate aid in regions with underdeveloped infrastructure. This technology aims to enhance business-to-business express delivery while reducing costs and environmental impact compared to traditional aircraft.