Flying Vehicle Infrastructure Company Acquires Charging Startup

Volatus Infrastructure and Energy Solutions, which markets flexible electric charging systems, has been acquired by eVertisky, developer of ground and airspace infrastructure.

The merger of the two companies adds the Volatus dual-use electric charging technology for eVTOL (electric vertical takeoff and landing) and ground electric vehicles to the eVertisky urban air mobility (UAM) infrastructure capabilities.

The combined companies being marketed as “Volatus powered by eSkyBridge” create the capability for large-scale deployments in high-density urban areas.

“Integrating Volatus into our eSkyBridge platform enhances our infrastructure solutions, allowing us to meet the energy demands of cities and UAM operators,” said Sandra Formenton, CEO of eVertisky. “This acquisition solidifies our commitment to leading the UAM industry with innovative and sustainable technologies.”

Terms of the deal were not disclosed but the total valuation of the new combined company is estimated at $262 million, according to eVertisky.

The strategic vision of Chicago-based eVertisky is to “consolidate strengths and become the category king in the UAM sector.”

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The Volatus charging technology is being combined with the eVertisky SDA (software defined airspace) platform to create a comprehensive infrastructure ecosystem

Related:Flying Vehicle Vertiport Developer Tackles Insurance Issues

Categories to be targeted by the combined companies include passenger transport, cargo handling and emergency services.

"Joining eVertisky and the eSkybridge UAM platform allows us to scale our technology and impact the future of urban mobility,” said Grant Fisk, former CEO of Volatus Infrastructure. “We are excited to contribute to eVertisky’s vision and work together to deliver infrastructure solutions for the evolving UAM and ground vehicle markets.”

Volatus recently teamed with PowerUp America to electrify the infrastructure at airports, vertiports and other electric mobility locations in the U.S. to create a sustainable, accessible regional transportation ecosystem.

PowerUp America in Tennessee and Volatus Infrastructure in Neenah, Wisconsin, had planned to develop an airport charging network integrated with the current aviation infrastructure. 

Volatus also had signed a deal with Skyrisks, which provides advanced air mobility (AAM) insurance, to examine insurance costs and risks for vertiports.

Volatus also had an agreement with Tru Weather Solutions to work on vertiport placement, design and construction and the weather services needed for vertiport operations.

Related:Flying Vehicle Vertiport Developer Tackles Insurance Issues