Reliance Industries has acquired an additional equity stake in a NASA incubated futuristic mobility company skyTran for $26.76 mn through its Reliance Strategic Business Ventures subsidiary. RIL’s stake in skyTran has increased from 12.7% to 54.46%. SkyTran has developed a patented, high-speed elevated Personal Rapid Transit (PRT) system that adjusts function jet-like pods which functions on Maglev technology.