Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council, is investing $3 million through its Venture Capital Programme in Mayman Aerospace (JetPack Aviation Corp), the US-based manufacturer of the innovative dual-use Speeder Air Utility Vehicle (AUV).
Jetpack Aviation is a California-based company that offers services such as personal VTOL design and engineering for commercial, entertainment, and defense organizations.