SkyTradeprovides a municipal-grade platform that enables cities, counties, and state agencies to set and enforce local drone regulations, geofence sensitive zones, and monitor drone activity in real time. The system integrates with FAA services such as LAANC and Remote ID, offers audit‑ready records, and supports fee collection to fund oversight operations. Revenue is generated through subscription fees and transaction-based charges for permitting and compliance services.
Funding
Funding not disclosed
PVFounders
Product
Problem
Property owners often lack the means to monetize the airspace above their land, while drone operators and urban developers require efficient access to this underutilized resource. Existing methods for managing air rights are fragmented and lack transparency, hindering the development of low-altitude transportation and construction.
Solution
SkyTrade is a blockchain-based marketplace that enables property owners to register, manage, and monetize their low-altitude air rights. The platform connects property owners with drone companies and urban developers, facilitating the buying, selling, and leasing of air rights through smart contracts. By democratizing access to air rights, SkyTrade unlocks new revenue streams for property owners and streamlines airspace management for drone operations and vertical construction projects. The platform also allows property owners to define "no-fly zones" and set usage parameters for their airspace.
Target Audience
SkyTrade targets property owners seeking to generate passive income from their air rights, as well as drone operators and urban developers requiring access to managed airspace.
Features
- Blockchain-based registry for secure and transparent air rights management
- Marketplace for buying, selling, and renting air rights
- Smart contract automation for secure and efficient transactions
- Tools for defining and managing airspace usage parameters
- Integration with drone navigation systems for real-time airspace awareness
- Option to define "no-fly zones" to restrict drone access
- Reward system (SKY Points) for platform participation