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Samson Sky secures $80 million investment from Matin Group for production of the Switchblade flying car. The funding will be utilized to establish a new production facility in the U.S.

PRIVATESep 15, 20261 day ago

Amount Raised

$80 Million

Round Type

Venture - Series Unknown

OregonManufacturingTransportationTravelAutomotive

Investors

Matin Group

Description

Samson Sky has secured an investment of $80 million from Dubai-based Matin Group to establish their first Switchblade production facility. This agreement marks the beginning of a Joint Venture aimed at accelerating commercial production. With $20 million still needed for full production funding, the partnership represents Matin Group's commitment to innovative businesses. CEO Sam Bousfield emphasizes the significance of their collaboration in advancing the vision of the Switchblade.

Company Information

Company

Samson Sky

Location

Oregon, United States

About

Samson Sky is a company focused on developing innovative flying vehicles, specifically the Switchblade Flying Car. Their designs prioritize performance and ease of production to meet high demand. The Switchblade is a hybrid electric vehicle designed for both road and air travel, providing versatility for its users. With ongoing testing and design enhancements, they aim to revolutionize personal transportation.

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