Samson Sky, makers of the Switchblade Flying Car announced they have secured an investment of $80 million from Dubai-based Matin Group. According to Sam Bousfield, CEO and Founder of Samson Sky and designer of the Switchblade, these funds will be used to establish Samson Sky’s first 180,000 square foot Switchblade production facility, to be located in the U.S.
Samson Sky announced they have signed a Joint Investment Agreement with the Matin Group, and the two companies have begun setting up the Joint Venture to accelerate into commercial production, with $20M still remaining to be raised for full production funding.
“The future is not built by those who wait for certainty—it is built by those who recognise possibility before it becomes obvious. At Matin Group, we partner with people who have the courage to challenge convention and the discipline to deliver. Samson Sky is one of those rare companies, and we are proud to support their journey as they redefine the future of mobility, because we believe the most meaningful investments are those that create lasting value—not only for shareholders, but for society as a whole,” stated Mustafa Matin, CEO of Matin Group.
