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Innovation Center of Skolkovo


Growth Equity | Alive

Total Raised


Last Raised

$250M | 12 yrs ago

About Innovation Center of Skolkovo

Developer of a research and development center near Moscow. The company is a special designated area allowing specific conditions for research and scientific developments in the following fields: energy efficiency and energy saving, including developing innovative energy technologies; nuclear technologies; space technologies, first and foremost in telecommunications and navigation systems, including the creation of corresponding infrastructure on the ground; medical technologies, including equipment and pharmaceuticals; and strategic computer technologies and software. The center’s special conditions include the advanced solutions in urban planning, special rules of interaction among persons located within the center’s territory, and a set of benefits available to organizations doing research there.

Headquarters Location

Russian Federation

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Latest Innovation Center of Skolkovo News

Future is Here: Dubai to Buy Russia-Made Hoverbikes

Mar 26, 2019

Sputnik International Hoversurf, a startup from Russia’s Silicon Valley (the Skolkovo Innovation Centre), has designed and built the world’s first flying bike. The Hoverbike S3 is able to reach a maximum speed of 96 km/h and can be used for half an hour without recharging, though at the moment much depends on the driver’s weight. For now, it is only possible to buy a flying bike in countries where a pilot's license is not required to drive it. You also need to shell out around $150,000 and complete a mandatory piloting course in California. In Dubai, the police have already bought a Russian flying bike to use it as a patrol vehicle in very busy areas. Sputnik has spoken to Denis Saitgareev, Hoversurf's chief designer, to learn about the company's development plans. Sputnik: Where did the idea of a Hoverbike come from? Denis Saitgareev: It came from Alexander Atamanov, the founder of the company. He wanted to create this flying bike and realise the idea of being able to fly. We started first with a twin screw bike and then moved on to the current quadruple-screw scheme. The first experimental version of the bike is now in our laboratory; this is the model that we created the Hoverbike on. Sputnik: How many prototypes did you make? Denis Saitgareev: We made about four prototypes; the last one is made of carbon fibre, we presented it in Dubai. Sputnik: You have already received an order from the Dubai police… Denis Saitgareev: Yes, right. I don't know what the precise conditions will be but we have concluded a contract for the delivery of these bikes; they'll probably be used for patrolling the streets. Sputnik: What is the bike's energy storage capacity? How long can it work on a single charge? Denis Saitgareev: Much depends on a pilot's weight — with a person the bike can fly for 15-20 minutes, but without a pilot, it can fly for half an hour. The maximum height is 15 metres, but in Dubai, we have reached 30 metres. But you don't need to fly that high in populated areas; a height of 5-15 metres is enough. Sputnik: Can it be used as a drone? Denis Saitgareev: Yes, it is possible. You can fly it using sensors and a GPS system; this way the bike will have a ref trajectory. We plan to make a cargo-carrying bike in the future. In some ways, the bike is similar to a drone, but it has different engines and a different computer. From a technical point of view, it's a more complex mechanism. © Photo : Sito ufficiale Hoversurf Sputnik: What are your development plans? Denis Saitgareev: We plan to launch mass production of the bike. The company's main task is developing certain technologies and patenting them. As soon as we have all the patents to create a bike, we'll start negotiating outsourced production; at present, there already are some companies that have shown an interest in producing the Hoverbike, such as Honda and Yamaha from Japan. Sputnik: Why is it that before buying the Hoverbike one has to complete a course in California and not in Russia? Denis Saitgareev: We have a team in San Francisco, California; we test our bikes there. Our bike falls into the weight class of up to 150 kg, and in the US it's enough to just get a flight license. Besides, we have a showroom where we show and sell our bike there. ...

Innovation Center of Skolkovo Frequently Asked Questions (FAQ)

  • What is Innovation Center of Skolkovo's latest funding round?

    Innovation Center of Skolkovo's latest funding round is Growth Equity.

  • How much did Innovation Center of Skolkovo raise?

    Innovation Center of Skolkovo raised a total of $250M.

  • Who are the investors of Innovation Center of Skolkovo?

    Investors of Innovation Center of Skolkovo include Siguler Guff .

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