----

|  ̈ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|-----------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|------------------------------------------------------------------------------------------|

----

| Nevada(State or Other Jurisdictionof Incorporation or Organization)                          |   | 90-0314205(I.R.S. EmployerIdentification No.) |
|----------------------------------------------------------------------------------------------|--------|-----------------------------------------------|
|                                                                                         |   |                                          |
| 420 N. Nellis Blvd., Suite A3-146, Las Vegas, Nevada(Address of Principal Executive Offices) |   | 89110(Zip Code)                               |

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|                                                                                             |   | Page No. |
|--------------------------------------------------------------------------------------------------|--------|---------------|
| PART I. FINANCIAL INFORMATION                                                                    |   |          |
|                                                                                             |   |          |
| ITEM I – Unaudited Financial Statements                                                    |   |          |
|                                                                                             |   |          |
| Balance Sheets as of April 30, 2011 and July 31, 2010 (Unaudited)                                |   | 4             |
|                                                                                             |   |          |
| Statements of Operations for the Nine and Three Months Ended April 30, 2011 and 2010 (Unaudited) |   | 5             |
|                                                                                             |   |          |
| Statements of Cash Flows for the Nine Months Ended April 30, 2011 and 2010 (Unaudited)           |   | 6             |
|                                                                                             |   |          |
| Statement of Stockholders Deficiency (Unaudited)                                                 |   | 7             |
|                                                                                             |   |          |
| Notes to Unaudited Financial Statements                                                          |   | 8             |
|                                                                                             |   |          |
| ITEM 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations.  |   | 14            |
|                                                                                             |   |          |
| ITEM 3 – Quantitative and Qualitative Disclosures About Market Risk                        |   | 16            |
|                                                                                             |   |          |
| ITEM 4T– Controls and Procedures.                                                          |   | 16            |
|                                                                                             |   |          |
| PART II. OTHER INFORMATION                                                                       |   |          |
|                                                                                             |   |          |
| ITEM 6 - Exhibits                                                                                |   | 16            |

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----

|                                                                                                                                                                                                                                |   | April 30, |       |   | July 31, |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|------------|--------|----------|--------|
|                                                                                                                                                                                                                                |   | 2011      |       |   | 2010     |   |
| Assets                                                                                                                                                                                                                              |   |      |       |   |     |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |
| Current assets:                                                                                                                                                                                                                     |   |      |       |   |     |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |
| Cash and cash equivalents                                                                                                                                                                                                           |   | $         | 178        |   |     | $      | 158 |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Total current assets                                                                                                                                                                                                                |   |      | 178        |   |     |   | 158 |   |
| Property and equipment, net                                                                                                                                                                                                         |   |      | 62,896     |   |     |   | 72,719 |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Total assets                                                                                                                                                                                                                        |   | $         | 63,074     |   |     | $      | 72,877 |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Liabilities and Stockholders' Deficiency                                                                                                                                                                                            |   |      |       |   |     |   |   |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Current liabilities:                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Accounts payable and accrued expenses                                                                                                                                                                                               |   | $         | 1,363,699  |   |     | $      | 1,076,413 |   |
| Advances                                                                                                                                                                                                                            |   |      | 849,067    |   |     |   | 841,207 |   |
| Due to related parties                                                                                                                                                                                                              |   |      | 4,347,838  |   |     |   | 4,321,358 |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Total current liabilities                                                                                                                                                                                                           |   |      | 6,560,604  |   |     |   | 6,238,978 |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Commitments and contingencies                                                                                                                                                                                                       |   |      |       |   |     |   | - |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Stockholders' deficiency:                                                                                                                                                                                                           |   |      |       |   |     |   |   |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Preferred stock, $.001 par value, 10,000,000 shares authorized, 0 issued and outstanding                                                                                                                                            |   |      | -          |   |     |   | - |   |
| Common stock, $.001 par value, 2,500,000 and 750,000,000 shares authorized as of April 30, 2011 and July 31, 2010, respectively. 1,370,007 and 345,000,000 issued and outstanding at April 30, 2011 and July 31, 2010, respectively |   |      | 1,370      |   |     |   | 345,000 |   |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Additional paid-in capital                                                                                                                                                                                                          |   |      | 180,068    |   |     |   | (211,082 | ) |
| Accumulated deficit                                                                                                                                                                                                                 |   |      | (4,604,623 | )      |     |   | (4,604,623 | ) |
| Deficit accumulated during the development stage                                                                                                                                                                                    |   |      | (2,074,345 | )      |     |   | (1,695,396 | ) |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Stockholders' deficiency                                                                                                                                                                                                            |   |      | (6,497,530 | )      |     |   | (6,166,101 | ) |
|                                                                                                                                                                                                                                |   |      |       |   |     |   |   |   |
| Total liabilities and stockholders' deficiency                                                                                                                                                                                      |   | $         | 63,074     |   |     | $      | 72,877 |   |

----

|                                                                     |   |                                          |      |   |                                           |   |      |  For the Period Entering |   |
|--------------------------------------------------------------------------|--------|-----------------------------------------------|-----------|--------|------------------------------------------------|--------|-----------|----------------------------------------------|--------|
|                                                                |   | For the Nine Months Ended |      |   | For the Three Months Ended |   |      | the Development Stage              |   |
|                                                                |   | April 30,                                |      |   | April 30,                                 |   |      | August 1, 2008                     |   |
|                                                                |   | 2011                                          |      |   | 2010                                           |   |      | 2011                                         |   |   | 2010 |   |   | - April 30, 2011 |   |
| Net sales                                                                |   | $                                             | -         |   |                                           | $      | -         |                                         |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                     |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses:                                                      |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative                                               |   |                                          | 94,451    |   |                                           |   | 103,972   |                                         |   |   | 31,549 |   |   |   | 38,145 |   |   |   | 516,644 |   |
| Research and development                                                 |   |                                          | 23,527    |   |                                           |   | 134,648   |                                         |   |   | 6,080 |   |   |   | 35,303 |   |   |   | 432,274 |   |
|                                                                     |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss from operations                                                     |   |                                          | (117,978  | )      |                                           |   | (238,620  | )                                            |   |   | (37,629 | ) |   |   | (73,448 | ) |   |   | (948,918 | ) |
|                                                                     |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Other (expenses)/income                                                  |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense                                                         |   |                                          | (323,149  | )      |                                           |   | (351,250  | )                                            |   |   | (105,305 | ) |   |   | (117,570 | ) |   |   | (1,187,605 | ) |
| Other income                                                             |   |                                          | 62,178    |   |                                           |   | -         |                                         |   |   | 21,768 |   |   |   | - |   |   |   | 62,178 |   |
|                                                                     |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss before provision for (benefit from) income taxes                |   |                                          | (378,949  | )      |                                           |   | (589,870  | )                                            |   |   | (121,166 | ) |   |   | (191,018 | ) |   |   | (2,074,345 | ) |
|                                                                     |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision for (benefit from) income taxes                                |   |                                          | -         |   |                                           |   | -         |                                         |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                     |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                                 |   | $                                             | (378,949  | )      |                                           | $      | (589,870  | )                                            |   | $ | (121,166 | ) |   | $ | (191,018 | ) |   | $ | (2,074,345 | ) |
|                                                                     |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss per common share - basic and diluted                            |   | $                                             | (0.32     | )      |                                           | $      | (0.51     | )                                            |   | $ | (0.11 | ) |   | $ | (0.17 | ) |   |   |   |   |
|                                                                     |   |                                          |      |   |                                           |   |      |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of common shares outstanding - basic and diluted |   |                                          | 1,175,099 |   |                                           |   | 1,150,007 |                                         |   |   | 1,097,759 |   |   |   | 1,150,007 |   |   |   |   |   |

----

|                                                                               |   |                        |     |   |                            |   |     | For the Period Entering |   |
|------------------------------------------------------------------------------------|--------|-----------------------------|----------|--------|---------------------------------|--------|----------|----------------------------------------|--------|
|                                                                          |   | Nine Months Ended |     |   | the Development Stage |   |
|                                                                          |   | April 30,              |     |   | August 1, 2008        |   |
|                                                                          |   | 2011                        |     |   | 2010                            |   |     | - April 30, 2011        |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                              |   |                        |     |   |                            |   |     |                                   |   |
| Net loss                                                                           |   | $                           | (378,949 | )      |                            | $      | (589,870 | )                                      |   | $ | (2,074,345 | ) |
| Adjustments to reconcile net loss to net cash utilized by operating activities     |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| Depreciation                                                                       |   |                        | 9,823    |   |                            |   | 9,030    |                                   |   |   | 90,747 |   |
| Increase (decrease) in cash flows from changes in operating assets and liabilities |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| Accounts payable and accrued expenses                                              |   |                        | 287,286  |   |                            |   | 352,706  |                                   |   |   | 1,199,440 |   |
| Net cash used in operating activities                                              |   |                        | (81,840  | )      |                            |   | (228,134 | )                                      |   |   | (784,158 | ) |
|                                                                               |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                              |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| Additions to property and equipment                                                |   |                        | -        |   |                            |   | -        |                                   |   |   | (17,015 | ) |
| Net cash used in investing activities                                              |   |                        | -        |   |                            |   | -        |                                   |   |   | (17,015 | ) |
|                                                                               |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                              |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| Proceeds from advances                                                             |   |                        | 176,710  |   |                            |   | 756,504  |                                   |   |   | 1,459,697 |   |
| Advances from related parties                                                      |   |                        | 74,000   |   |                            |   | 523,703  |                                   |   |   | 1,051,143 |   |
| Payments on advances                                                               |   |                        | (168,850 | )      |                            |   | (441,781 | )                                      |   |   | (610,631 | ) |
| Payments to related parties                                                        |   |                        | -        |   |                            |   | (610,400 | )                                      |   |   | (1,114,553 | ) |
| Net cash provided by financing activities                                          |   |                        | 81,860   |   |                            |   | 228,026  |                                   |   |   | 785,656 |   |
|                                                                               |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| CHANGE IN CASH AND CASH EQUIVALENTS                                                |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| Net increase (decrease) in cash and cash equivalents                               |   |                        | 20       |   |                            |   | (108     | )                                      |   |   | (15,517 | ) |
| Cash and cash equivalents at beginning of period                                   |   |                        | 158      |   |                            |   | 191      |                                   |   |   | 15,695 |   |
| Cash and cash equivalents at end of period                                         |   | $                           | 178      |   |                            | $      | 83       |                                   |   | $ | 178 |   |
|                                                                               |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| SUPPLEMENTAL CASH FLOW DISCLOSURES                                                 |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| Cash paid during the period for:                                                   |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| Interest                                                                           |   | $                           | -        |   |                            | $      | -        |                                   |   | $ | - |   |
| Income taxes                                                                       |   | $                           | -        |   |                            | $      | -        |                                   |   | $ | - |   |
|                                                                               |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES                           |   |                        |     |   |                            |   |     |                                   |   |   |   |   |
| Shares issued for related party advances                                           |   | $                           | 47,520   |   |                            | $      | -        |                                   |   | $ | 47,520 |   |

----

|                                          |   | Number of     |        |   | Common             |   |    | Additional paid |   |   | Accumulated |   |   | Deficit Accumulated |       |    | Total  |   |
|-----------------------------------------------|--------|--------------------|-------------|--------|--------------------|--------|---------|----------------------|--------|--------|-------------|--------|--------|--------------------------|------------|---------|--------|--------|
|                                     |   | Common Shares |        |   | Shares $0.001 |   |    | in capital      |   |   | Deficit     |   |   | During the          |       |    |   |   |
|                                     |   |               |        |   | Par Value     |   |    |                 |   |   |        |   |   | Development Stage   |       |    |   |   |
|                                          |   |               |        |   |               |   |    |                 |   |   |        |   |   |                     |       |    |   |   |
| Balance August 1, 2008                        |   |               | 345,000,000 |   |               | $      | 345,000 |                 |   | $      | (211,082    | )      |   | $                        | (4,604,623 | )       |   | $      | - |   |   | $ | (4,470,705 | ) |
| Net Loss                                      |   |               | -           |   |               |   | -       |                 |   |   | -           |   |   |                     | -          |    |   |   | (898,447 | ) |   |   | (898,447 | ) |
| Balance - July 31, 2009                       |   |               | 345,000,000 |   |               |   | 345,000 |                 |   |   | (211,082    | )      |   |                     | (4,604,623 | )       |   |   | (898,447 | ) |   |   | (5,369,152 | ) |
| Net Loss                                      |   |               | -           |   |               |   | -       |                 |   |   | -           |   |   |                     | -          |    |   |   | (796,949 | ) |   |   | (796,949 | ) |
| Balance - July 31, 2010                       |   |               | 1,150,007   |   |               |   | 1,150   |                 |   |   | 132,768     |   |   |                     | (4,604,623 | )       |   |   | (1,695,396 | ) |   |   | (6,166,101 | ) |
| Issurance of stock for related party advances |   |               | 220,000     |   |               |   | 220     |                 |   |   | 47,300      |   |   |                     | -          |    |   |   | - |   |   |   | 47,520 |   |
| Net Loss                                      |   |               | -           |   |               |   | -       |                 |   |   | -           |   |   |                     | -          |    |   |   | (378,949 | ) |   |   | (378,949 | ) |
| Balance - April 30, 2011                      |   |               | 1,370,007   |   |               | $      | 1,370   |                 |   | $      | 180,068     |   |   | $                   | (4,604,623 | )  |   | $      | (2,074,345 | ) |   | $  | (6,497,530 | )  |

----

----

----

|                      |   |   |   |   | Assets at Fair Value as of April 30, 2011 and July 31, 2010 Using |   |
|---------------------------|--------|--------|--------|--------|------------------------------------------------------------------------------------------------------------------------------------|--------|
|                 |   |   |   |   | Quoted Prices inActive Markets forIdentical Asssets                                                       |   |   | Significant OtherObservable Inputs |   |   | Significant ObservableInputs |   |
|                 |   | Total  |   |   | (Level 1)                                                                                                                     |   |   | (Level 2) |   |   | (Level 2) |   |
| April 30, 2011            |   |   |   |   |                                                                                                                               |   |   |   |   |   |   |   |
| Cash and cash equivalents |   | $      | 178    |   |                                                                                                                               | $      | 178 |   |   | $ | - |   |   | $ | - |   |
|                      |   |   |   |   |                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |
| July 31, 2010             |   |   |   |   |                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |
| Cash and cash equivalents |   | $      | 158    |   |                                                                                                                               | $      | 158 |   |   | $ | - |   |   | $ | - |   |

----

|                           |   | April 30, 2011 |    |   | July 31, 2010 |   |
|--------------------------------|--------|--------------------------|---------|--------|-------------------------|--------|
|                           |   |                     |    |   |                    |   |
| Equipment                      |   | $                        | 131,455 |   |                    | $      | 131,455 |   |
| Leasehold improvements         |   |                     | 26,360  |   |                    |   | 26,360 |   |
|                           |   |                     |    |   |                    |   |   |   |
| Property and equipment         |   |                     | 157,815 |   |                    |   | 157,815 |   |
| Less: Accumulated depreciation |   |                     | (94,919 | )      |                    |   | (85,096 | ) |
|                           |   |                     |    |   |                    |   |   |   |
| Property and equipment, net    |   | $                        | 62,896  |   |                    | $      | 72,719 |   |

|                                        |   | April 30, 2011 |      |   | July 31, 2010 |   |
|---------------------------------------------|--------|--------------------------|-----------|--------|-------------------------|--------|
|                                        |   |                     |      |   |                    |   |
| Accounts payable                            |   | $                        | 42,841    |   |                    | $      | 36,690 |   |
| Wages, paid leave and payroll related taxes |   |                     | 3,782     |   |                    |   | 23,196 |   |
| Other accrued expenses                      |   |                     | 2,400     |   |                    |   | 25,000 |   |
| Accrued interest                            |   |                     | 1,314,676 |   |                    |   | 991,527 |   |
|                                        |   |                     |      |   |                    |   |   |   |
| Total                                       |   | $                        | 1,363,699 |   |                    | $      | 1,076,413 |   |

----

|                          |   | Nine Months Ended |     |   | Nine Months Ended |   |
|-------------------------------|--------|-------------------|----------|--------|-------------------|--------|
|                          |   | April 30, 2011    |     |   | April 30, 2010    |   |
|                          |   | Income            |     |   | Shares            |   |   | Per-Share |   |   | Income |   |   | Shares |   |   | Per-Share |   |
|                          |   | (Numerator)       |     |   | (Denominator)     |   |   | Amount |   |   | (Numerator) |   |   | (Denominator) |   |   | Amount |   |
|                          |   |              |     |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net (loss)                    |   | $                 | (378,949 | )      |              |   |   |   |   |   |   | $ | (589,870 | ) |   |   |   |   |   |   |
|                          |   |              |     |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic loss per common share   |   |              | (378,949 | )      |              |   | 1,175,099 |   |   |   | (0.32 | ) |   |   | (589,870 | ) |   |   | 1,150,007 |   |   |   | (0.51 | ) |
|                          |   |              |     |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Effect of dilutive securities |   |              | -        |   |              |   |   |   |   |   |   |   |   |   | - |   |   |   |   |   |   |   |   |   |
|                          |   |              |     |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted loss er common share  |   | $                 | (378,949 | )      |              |   | 1,175,099 |   |   |   | (0.32 | ) |   | $ | (589,870 | ) |   |   | 1,150,007 |   |   |   | (0.51 | ) |

|                                                             |   | Nine Months Ended |        |   | Three Months Ended |   |
|------------------------------------------------------------------|--------|-----------------------------|-------------|--------|------------------------------|--------|
|                                                        |   | April 30, 2010    |        |   | April 30, 2010     |   |
| Basic and Diluted Loss Per Common Share                          |   | $                           | (0.00       | )      |                         | $      | (0.00 | ) |
|                                                             |   |                        |        |   |                         |   |   |   |
| Weighted Average Number of Shares Outstanding -Basic and Diluted |   |                        | 345,000,000 |   |                         |   | 345,000,000 |   |

----

----

----

----

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| 31     |   | Certification  of  Chief Executive Officer and Principal  Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herewith.                                                                                 |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                 |
| 32     |   | Certification of Chief Executive Officer and Principal Financial Officer Pursuant to 18 U.S.C. Section  1350,  as Adopted  Pursuant  to  Section  906 of the Sarbanes-Oxley Act of 2002, filed herewith. |

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|   |   | SKY POWER SOLUTIONS CORP.                               |
|--------|--------|---------------------------------------------------------|
|   |   |                                                    |
| By:    |   | /s/ Mehboob Charania                                    |
|   |   | Chief Executive Officer and Principal Financial Officer |
|   |   |                                                    |
|   |   | Date: June 14, 2011                                     |

----