Story perspectives

Samson Sky Secures $80M Investment, Still Needs $20M

By Drooid · Sep 25, 2026, 10:18 PM UTC · How we work

Summary

Story summary

Samson Sky received an $80 million investment from Dubai’s Matin Group for the Switchblade flying car.
The company still requires an additional $20 million to fully fund its current production plan.
Operating the Switchblade requires a private pilot certificate and may need an auto or motorcycle license for ground use.
Samson will test the redesigned Switchblade on a runway before finalizing build location and production.

History

Historical Context

Terrafugia began developing the Transition roadable aircraft in 2006, achieving its first flight on 5 March 2009 and later earning an FAA light-sport certificate in 2021. Samson Sky’s 2024 investment from Dubai’s Matin Group mirrors those early large-scale fundings, underscoring renewed capital interest as the sector seeks certification and broader urban-air-mobility adoption.

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Story summary

Samson Sky received an $80 million investment from Dubai’s Matin Group for the Switchblade flying car.
The company still requires an additional $20 million to fully fund its current production plan.
Operating the Switchblade requires a private pilot certificate and may need an auto or motorcycle license for ground use.
Samson will test the redesigned Switchblade on a runway before finalizing build location and production.

1 / 2