Switchblade Flying Car Secures $80 Million for Production

The hybrid-electric vehicle moves closer to reality with new funding to build its first U.S. production facility.

Updated on Oct. 21, 2026 in Electric Vehicles

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Samson Sky has secured $80 million in funding from the Matin Group to develop a production facility for its hybrid-electric Switchblade flying car. AI Illustration. Upload story photo >

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Samson Sky has secured $80 million in funding from the Dubai-based Matin Group to advance production of its Switchblade flying vehicle. This hybrid-electric transport is designed for dual use on highways and runways, with reservation holders already waiting across all 50 U.S. states.

Why it matters

The capital infusion marks a significant milestone in bringing the Switchblade to market by funding the company's first U.S. production facility. This investment brings the manufacturer closer to completing its $100 million total financing goal required for large-scale operations.

Samson Sky has raised $80 million in new capital, bringing it within $20 million of its total $100 million funding initiative. The company currently has reservation holders for the Switchblade across more than 50 countries and every U.S. state.

The players

Samson Sky

An Oregon-based manufacturer developing the Switchblade, a hybrid-electric vehicle designed for both road and air travel.

Matin Group

A Dubai-based investment firm that provided the $80 million funding to support the development of flying car production.

The details

The Switchblade is a two-seat hybrid-electric vehicle that transitions between highway driving and flight mode in approximately three minutes. Designed to be marketed as an Experimental Amateur-Built aircraft, the vehicle relies on existing airport infrastructure. Owners will participate in the assembly process through a specialized builder-assistance program.

Timeline

  1. November 2023: The Switchblade successfully completed its first flight in Moses Lake, Washington.

  2. October 21, 2026: Samson Sky officially announced the receipt of the $80 million investment.

The Home Front

Samson Sky is utilizing the Experimental Amateur-Built aircraft certification category to move its hybrid vehicle toward commercial viability. This approach allows the manufacturer to bypass standard automotive production hurdles while requiring owners to participate in the construction process.

Prospective buyers should monitor the company's progress on its U.S. production facility as the project moves toward large-scale manufacturing. Those interested in this hybrid technology should verify their local zoning and runway access, as the vehicle remains reliant on existing airport infrastructure.

The takeaway

The development of the Switchblade represents a major shift toward consumer-ready personal flight for homeowners who want to bridge the gap between regional highway travel and air transit. Interested parties should keep an eye on the company's official updates regarding the builder-assistance program.

Further reading

For more on how new technologies are changing how we travel, visit our Electric Vehicles section.

Source note: This article includes information reported by Aviation Pros.

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Would you consider using a hybrid flying car for your own regional travel needs?