# Leonardo x FlyingBasket: partnership

Canonical ID: `27ec32b7-0821-4fe5-ade1-3f8c7e688dbb`

Leonardo S.p.A. took ~10% equity stake and board seat in FlyingBasket, exercising an option from 2021. Leonardo provides infrastructure, technological assets, and industrial backing; FlyingBasket serves as a specialized aerial cargo services provider and preferred supplier for Leonardo's national logistics network ambitions.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [Leonardo](https://registry.deploy.report/companies/leonardo.md) investor partner
- [FlyingBasket](https://registry.deploy.report/companies/flyingbasket.md) technology provider

## Timeline

- **Announced:** 2023-05-31
- **Start:** 2023-05-31

## Sources (1)

1. https://flyingbasket.com/blog/medicalevaculation-1/leonardo-joins-shareholders-and-board-of-flyingbasket-leading-cargo-drone-startup-in-europe-18


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