Samson Sky Secures $80 Million for Flying Car

The company plans to use the funding to establish its first U.S. production facility for the Switchblade vehicle.

Updated on Oct. 21, 2026 in Electric Vehicles

Samson Sky Secures $80 Million for Flying Car

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Samson Sky has secured an $80 million investment from the Dubai-based Matin Group to accelerate the production of its Switchblade flying car. The company is now seeking an additional $20 million to finalize a $100 million financing package for the project.

Why it matters

This investment provides the necessary capital to move the hybrid-electric vehicle from development toward its first domestic manufacturing facility. The company aims to bridge the gap between highway transit and runway-ready flight using existing infrastructure.

The Switchblade transforms into flight mode in approximately three minutes and maintains reservations from across all 50 U.S. states. The company targets the vehicle for regional trips ranging from 300 to 500 miles.

The players

Samson Sky

An Oregon-based company that designs and manufactures the Switchblade flying car.

Matin Group

A Dubai-based investment group that provided the $80 million funding package.

The details

The Switchblade is a two-seat hybrid-electric vehicle designed to operate on both highways and runways, marketed as an Experimental Amateur-Built aircraft. Customers will participate in a builder-assistance program to construct their own vehicles.

November 2023: The Switchblade completed its first flight at Grant County International Airport.
October 21, 2026: The company announced the $80 million investment from Matin Group.

Roadmap

The transition of the Switchblade into production signals a shift toward integrating personal aviation technology into the current automotive landscape. By leveraging existing airport infrastructure, the project positions itself to compete with long-range regional travel alternatives.

Prospective buyers can expect to participate in a builder-assistance program to construct their own aircraft under current regulatory guidelines. The vehicle is designed to utilize existing airport infrastructure, meaning owners will not need specialized landing strips.

The takeaway

Flying cars represent a significant shift toward merging highway and runway transit within the hybrid-electric vehicle market. Prospective owners should prepare for the unique regulatory and construction requirements associated with building an experimental aircraft.