+40%

est. 2Y upside i

AerospaceSeries D+

Creating a new form of air transportation to advance our civilization

Rank

#1170

Sector

Aerospace and Defense

Est. Liquidity

~3Y

Data Quality

Data: Low

Given the low entry valuation of $10.4M and strong moat, the equity has potential for high upside if the company achieves an IPO and multiple expansion.

Last updated: July 19, 2026

Bull (15%)+100%

Assuming IPO window and category leadership, exit multiple expands to 8x, but upside capped at 100% due to stage constraint. Revenue projected to $5.5M.

Base (45%)+144%

Exit multiple converges to 5x, revenue $5.5M, exit value $27.5M. After 20% dilution, net upside 144%.

Bear (40%)-100%

Exit multiple compresses to 2x, exit value $11M below total funding $28.1M, common stock worthless.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

0%

Total funding of $28.1M with 1x liquidation preference exceeds current valuation of $10.4M, so common equity is highly out of the money.

Dilution Risk

high

With $3.5M ARR and high capex, additional funding is likely within 2 years, diluting common by ~20%.

Secondary Liquidity

limited

Pre-IPO signals via America 2030 fund, but liquidity for employees is limited until IPO.

Aero/Mechanical 3 roles

Manufacturing 3 roles

Software 3 roles

Flight 2 roles

Customer Success 1 role

Electrical 1 role

Executive 1 role

Program Management 1 role

View all 18 open roles at Skyways

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Skyways's data — designed to show you've done your homework.

  • 1

    How does Skyways plan to achieve revenue growth given the capital-intensive model?

  • 2

    What is the company's path to profitability and how does it plan to manage cash burn?

  • 3

    What is the current fully diluted share count and how much common equity is outstanding?

Community

Valuation Sentiment

Our model estimates +40% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.