Skytran Overview
- Year Founded
-
2009

- Status
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Acquired/Merged
- Employees
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13

- Latest Deal Type
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Series C
- Latest Deal Amount
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$53M
- Investors
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8
Skytran General Information
Description
Developer of magnetic levitation and propulsion technologies designed to offer high-speed rapid-transit systems for people and cargo. The company's technologies permit vehicles to run on magnetic levitation and use personal transit architecture, enabling commuters to access jet-like vehicles that emit zero greenhouse gases and increase transportation efficiency.
Contact Information
Website
www.skytran.us(Operating Subsidiary)
Corporate Office
- 15602 Container Lane
- Huntington Beach, CA 92649
- United States
Corporate Office
- 15602 Container Lane
- Huntington Beach, CA 92649
- United States
Skytran Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Later Stage VC (Series C) | 27-Oct-2022 | $53M | Completed | Generating Revenue | ||
3. Later Stage VC (Series B) | 28-Feb-2021 | Completed | Generating Revenue | |||
2. Later Stage VC (Series AA) | 01-Feb-2019 | $13.3M | $15.8M | Completed | Generating Revenue | |
1. Later Stage VC (Series A) | 25-Sep-2015 | $2.5M | $2.5M | Completed | Generating Revenue |
Skytran Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | ||||||||
Series B | ||||||||
Series AAA | ||||||||
Series AA | 12,847,013 | $0.001000 | $0.08 | $1.05 | $1.05 | 1x | $1.05 | 7.35% |
Series A | 932,558 | $0.001000 | $0.21 | $2.68 | $2.68 | 1x | $2.68 | 0.53% |
VC Exit Predictor
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Skytran Patents
Skytran Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230278433-A1 | Path correction of a vehicle relative to projected magnetic flight path | Inactive | 06-Jul-2017 | ||
US-11654774-B2 | Path correction of a vehicle relative to projected magnetic flight path | Active | 06-Jul-2017 | ||
EP-3649005-A4 | Path correction of a vehicle relative to projected magnetic flight path | Pending | 06-Jul-2017 | ||
EP-3649005-A1 | Path correction of a vehicle relative to projected magnetic flight path | Pending | 06-Jul-2017 | ||
US-20200130513-A1 | Path correction of a vehicle relative to projected magnetic flight path | Active | 06-Jul-2017 | B60L13/06 |
Skytran Signals
Skytran FAQs
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When was Skytran founded?
Skytran was founded in 2009.
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Where is Skytran headquartered?
Skytran is headquartered in Huntington Beach, CA.
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What is the size of Skytran?
Skytran has 13 total employees.
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What industry is Skytran in?
Skytran’s primary industry is Other Transportation.
-
Is Skytran a private or public company?
Skytran is a Private company.
-
What is the current valuation of Skytran?
The current valuation of Skytran is
. -
What is Skytran’s current revenue?
The current revenue for Skytran is
. -
How much funding has Skytran raised over time?
Skytran has raised $126M.
-
When was Skytran acquired?
Skytran was acquired on 27-Oct-2022.
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