SkyDrive Inc. (headquartered in Toyota City, Aichi Prefecture; Tomohiro Fukuzawa, CEO President and Representative Director; hereinafter “the Company”), a developer of “flying cars” and “cargo drones”, announced that it has selected Electric Power Systems, Inc (headquartered in North Logan, UT, CEO; Nathan Millecam hereinafter “EPS”), a leading provider of high-power, scalable powertrains that are certifiable for electrified aviation, to design, develop, and manufacture SD-05's battery system.

Background

With the mission of “leading the once-in-a-century mobility revolution,” we are developing “flying cars” to realize a future that utilizes the sky for daily transportation. In 2025, we aim to enter into service in the Osaka Bay Area using the “flying car” of the SkyDrive Type SD-05, a two-seater vehicle for which we are currently applying for type certification.

High-power battery system plays a critical role in the development of the two-seater “SD-05”. EP Systems has numerous battery systems currently powering customer flight demonstrator vehicles such as NASA X-57, Aurora Flight Sciences Pegasus, and many other aircraft manufacturers. EP Systems is currently partnered with the FAA to certify batteries for general aviation aircraft and will complete its first Technical Standard Order (TSO) in 2023.

EP Systems is a leading provider of high-power scalable powertrains that are certifiable for electrified aviation. It develops energy storage systems, DC fast-charging stations, and electric propulsion products for aerospace, defense, automotive, marine, and industrial traction industries.

Boeing and Safran invested in EP Systems in 2019 and in 2021 to complete development and certify their EPiC battery system for high volume manufacturing. EP Systems current and publicly announced customers include the U.S. National Aeronautics and Space Administration (NASA), the U.S. Federal Aviation Administration (FAA), as well as Boeing, Safran, Bell Textron, Embraer, and Diamond.

SkyDrive has selected the EPiC battery system, which includes battery modules, battery management system and safe for handling disconnect box for “SD-05” aircraft with the target of launching its services using “flying cars” in the Osaka Bay Area in 2025.

Comments from the companies

Nathan Millecam, Chief Executive Officer, Electric Power Systems, Inc.

“We couldn't be more excited to be a part of SkyDrive's plans for the future of flight and looking forward to collaborating with the team.”

Tomohiro Fukuzawa, Chief Executive Officer, SkyDrive Inc.

“EP System's is our ideal partner for this essential element of our two-seater aircraft SD-05. They are very focused and committed to develop performing and reliable battery systems. With their excellent support to define the best solution for our customers, we will continue to develop our aircraft.”