ASKA, founded in 2018 and headquartered in Mountain View, California, is a pioneering company in the aviation sector specifically focused on integrating air mobility with ground infrastructure. The company is developing the ASKA™ A5, a roadable electric-hybrid VTOL (Vertical Takeoff and Landing) aircraft, which is touted as the world’s first flying car with both VTOL and STOL capabilities.
The ASKA™ A5 stands out for receiving significant regulatory milestones, including the Certificate of Authorization (COA) and Special Airworthiness Certification, renewed in 2024 by the FAA, to facilitate flight testing for R&D. The company has made notable progress in its type certification process with the FAA. Additionally, it boasts over 350 successful tethered flight tests and 500 miles of drive testing on public roads. The aircraft is engineered for maximum safety standards and offers a flight range of 250 miles.
Though ASKA has not reported recent investment rounds or investors, its innovations in space and transportation present a substantial opportunity for potential venture capital interest.