SkyDrive signs supporter agreement with EY Strategy and Consulting

SkyDrive Inc., a world-leading developer of urban air mobility solutions employing flying cars and cargo drones, is proud to announce that it has signed a Supporter Agreement with EY Strategy and Consulting Co., Ltd. (EYSC), under which SkyDrive will receive strategy consulting services for its air mobility business.

Background to the Signing of the Supporter Agreement

EYSC is a unit of global giant EY. With "Building a better working world" as its mission and a global workforce of 310,000, EY provides professional services in four business domains—assurance, consulting, strategy and transactions, and tax matters—in more than 150 countries and regions around the world.

Through its global network, EY has been promoting EY Ripples, a global program that aims to meet the company's corporate social responsibility while driving sustainable and inclusive growth by focusing more on sustainable development goals (SDGs) and dealing more actively with other major issues facing society today. The Supporter Agreement is part of the EY Ripples program, in recognition of how SkyDrive's flying car and cargo drone businesses are expected to contribute to achieving some SDGs, including helping to decarbonise society and support the socially weak. Together with EYSC, SkyDrive will seek to realise the air mobility society of the future while solving social issues and facilitating sustainable and inclusive growth.

The project under the Supporter Agreement targets SkyDrive's launch of commercial operations scheduled for 2025 and will be led by EY-Parthenon, a consulting team operating as part of Strategy and Transactions, one of EYSC's two service lines.

How EY-Parthenon Will Support SkyDrive

EY-Parthenon has a strong track record providing consulting services to parties interested in flying cars (eVTOL aircraft) and/or the cargo drone business both inside and outside Japan. As such, it has considerable insight into the air mobility business. The team of consultants will support SkyDrive in a broad range of areas, including: conducting research on domestic and international markets and competitors; designing business strategies, roadmaps, and business plans; and developing products and services.