CLOSED
GET A PIECE OF BLUEFLITE INC
INTELLIGENT DELIVERY DRONES THAT FLY IN ANY WEATHER
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$392,888.32 Raised
REASONS TO INVEST
TEAM
Dr. Frank Noppel • Co-Founder, Director, CEO, CFO, Secretary
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James McClearen • Co-Founder, Director, CTO, President
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Nicholas Underwood • Head of Software Engineering
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*Shipping statistics provided by Statista (source)
**Market information provided by McKinsey & Company, Unmanned Airspace, and Morgan Stanley (source, source, source)
*Drones featured above are fully functional models currently deployed in pilot operations with customers.
New and improved models are under development.
The Problem
As Demand Rises, The Problems Compound For Today’s Logistics Companies
Every day, logistics companies continue to experience the same problems they've had for years. This is why they're looking for the companies of tomorrow to solve their problems today.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Solution
An All-in-One Aerial Logistics Solution
While many companies within the drone market are built around a singular aspect of the enterprise, blueflite offers the complete package. The company's multi-element, aerial transport platform is purpose-built to solve challenges within the logistics industry.
*Drones featured above are fully functional models currently deployed in pilot operations with customers.
New and improved models are under development.
blueflite manufactures high-capability drones, built with durability, reliability, and accessibility specifically for the logistics sector. blueflite drones are equipped with proprietary on-board software that leverages machine learning to facilitate autonomous operation, while ensuring safety, access, and control. All of these systems are fully connected and controlled by a cloud-based backend system that allows for digital integration, data analytics, drone management, and swarm learning.
*Drones featured above are fully functional models currently deployed in pilot operations with customers.
New and improved models are under development.
Drone-based delivery systems can offer a lot to improve upon traditional shipping operations – saving time & money, eliminating traffic & environmental pollution, allowing access to more remote locations, and minimizing safety concerns – yet, blueflite believes there is ample opportunity to specifically tailor drone technology to better serve the cargo delivery sector. To accomplish this, blueflite is developing and manufacturing an all-inclusive drone platform that is safer, speedier, and more cost-efficient than traditional shipping, all with a lower carbon footprint.
*Drones featured above are fully functional models currently deployed in pilot operations with customers.
New and improved models are under development.
Each blueflite drone is designed with an all-electric drive train that allows for emission-free energy sources, while also meeting all logistics application requirements for commercial and federal uses. This patented hardware features its own unique flying characteristics and is size-scalable to accommodate numerous types of use.
*Drone featured above is a fully functional model currently deployed in pilot operations with customers.
New and improved models are under development.
Behind the scenes, the platform's blueDigital software is a cloud-based interface connecting each drone to digital logistics on the ground, allowing for even more advanced functionality. This digital environment enables integration of blueflite's drone systems with other third party IT systems, thereby streamlining logistics processes, and providing advanced data analytics for operators.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
*Image featured above is a 3D model created for demonstration purposes. Final models still under development.
Blueflite is currently in the commercial stage supporting pilot operations.
Rapid delivery of medical or life-saving equipment, such as defibrillators, when speed is of essence. blueflite technology enables cost reduction associated with medical emergencies.
Whether it is quasi-instant e-commerce products or grocery items, blueflite drones can offer the speed and efficiency required to enable the convenience of last mile deliveries for the masses.
Industrial support essential to critical supply-chain operations. Reduce cost, time required and increase safety when delivering to hard-to-reach locations.
blueflite drones increase expeditionary reach and facilitate logistics in contested/complex environments.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Market
In-Market, In-Flight, & Ready to Scale
For many analysts, drone delivery appears to be inevitable. In 2022, projections indicated that drones would be responsible for 1.5M deliveries, up from just under 500,000 in 2021. Due to their small size & the low capital required, this growth in drone delivery is expected to continue in the years ahead.
*Drone featured above is a fully functional model currently deployed in pilot operations with customers.
New and improved models are under development.
(source)
Market conditions for the drone industry are incredibly favorable right now, with trend reports indicating that mainstream adoption, delivery demand, government funding, and the potential ease of regulation on a global scale, are all driving factors. As this momentum grows, competition is likely to ramp up, and the company believes blueflite is well-ahead of the curve in terms of timing and technology.
*Drone featured above is a 3D representation of a fully functional model currently deployed in pilot operations with customers.
New and improved models are under development.
Our Traction
Established and Revenue-Generating
Having been in business for nearly five years, the company has already completed critical research and development, has been granted a patent, secured millions of dollars in funding and grants, conducted successful commercial pilot operations using proprietary technology, and received multiple recognitions within the industry.
*Drones featured are prototype models. Final drone model still under development.
Blueflite is currently in the commercial stage supporting pilot operations.
We see blueflite's all-inclusive solution having mass commercial appeal, with the platform possessing potential applications by a number of other industries, including emergency response, off-shore and remote operations, last mile e-commerce, humanitarian efforts, and many more.
*Drone featured above is a fully functional model currently deployed in pilot operations with customers.
New and improved models are under development.
With additional funding to accelerate product development, fulfill existing commercial orders, and grow additional sales, blueflite will be one step closer to their goal of becoming a top original equipment manufacturer and key player in the global drone industry.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
Why Invest
An Opportunity to Soar Together
It’s a revolutionary time for the drone industry and anyone looking to be a part of it. Having developed high-performance, world-class technology, blueflite offers a multifaceted solution for the promising cargo delivery sector, as well as an opportunity for investors to fly with us.
1.) Artificial Intelligence (Ai) Market Statistics: 2030 (source)
2.) AI/ML Market for UAV, Market Size Report (source)
3.) Commercial UAV Market Report (source)
4.) Commercial Cargo UAV Market; Internal estimate when compared with additional market info (source)
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
With your support, blueflite is excited to continue developing even more innovative solutions for the future of drone-based commerce. Join one of the few cargo drone OEMs in the US by investing in blueflite today!
*Drone featured above is a fully functional model currently deployed in pilot with customers. New and improved models are under development with which blueflite will continue to support pilot operations around the world.
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ABOUT
HEADQUARTERS
7000 Kensington Road
Brighton, MI 48116
WEBSITE
View Site
TERMS
blueflite inc
Overview
PRICE PER SHARE
$1.98
DEADLINE
Apr. 4, 2023 at 6:59 AM UTC
VALUATION
$22M
FUNDING GOAL
$10K - $1.23M
Breakdown
MIN INVESTMENT
$298.98
MAX INVESTMENT
$1,234,997.28
MIN NUMBER OF SHARES OFFERED
5,050
MAX NUMBER OF SHARES OFFERED
623,736
OFFERING TYPE
Equity
SHARES OFFERED
Class B Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Birds
Invest within the first 72 hours and receive 20% bonus shares
Super Early Bird Bonus
Invest within the first week and receive 10% bonus shares
Early Bird Bonus
Invest within the first two weeks and receive an 5% bonus shares
Amount-Based:
$1,000 | 1st Tier
5% bonus shares + Blueflite Investor Group (exclusive private blueflite news, insights, and event invitations)
$2,000 | 2nd Tier
7% bonus shares + Blueflite Investor Group
$5,000 | 3rd Tier
10% bonus shares + a dedicated area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$10,000 | 4th Tier
12% bonus shares + a dedicated area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$25,000 | 5th Tier
15% bonus shares + a dedicated large area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$50,000 | 6th Tier
20% bonus shares + 30-minute video-call with CEO and/or co-founder + a dedicated large area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
Audience-Based:
10% bonus shares for previous investors, friends and family.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Blueflite will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Stock at $1.98/share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 shares for $198. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
PRESS
ALL UPDATES
04.03.23
Blueflite Medical Delivery Drone Delivers EpiPens
Watch as blueflite CEO walks us through how they built 90 mph fully autonomous medical delivery drones, customized to deliver EpiPens to patients having a life-threatening allergic reaction.
Final Hours to add an intelligent Drone Delivery company to your start Engine Portfolio
blueflite - Deliver A Better Tomorrow
04.03.23
Last day to invest in blueflite's SE campaign
This is the last chance!
Invest now to own a piece of blueflite, as we help logistics companies fly in any weather.
To add blueflite's patented delivery drone platform to your portfolio, select your investment level here
Signed to Trade Disclosure
A company which intends to be quoted on the marketplace will be subject to certain requirements which the company may or may not be able to satisfy in a timely manner. Even if a company is qualified to quote its securities on the market, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
04.03.23
Βehind-the-scenes at blueflite offices in Michigan
Take a behind-the-scenes look at our new offices in Michigan.
It’s not too late to become an investor!
Click the link
04.02.23
1 day left to invest in blueflite's SE campaign
There are only 1 day left to invest in blueflite's Start Engine campaign before it closes to the public.
Once this ends, only accredited investors will be allowed to invest in the company, with a much higher minimum investment.
💡Reminder: One of the great benefits of investing in blueflite on Start Engine is that United States Investors can sell their position after one year, without waiting for the company to go public. This means you can have the flexibility to exit your investment, providing an additional layer of liquidity.
blueflite delivery drones are in-market and ready to scale.
To add blueflite to your portfolio, select your investment level here
Signed to Trade Disclosure
A company which intends to be quoted on the marketplace will be subject to certain requirements which the company may or may not be able to satisfy in a timely manner. Even if a company is qualified to quote its securities on the market, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
04.01.23
2 days left to invest in blueflite's SE campaign
There are only 2 days left to invest in blueflite's Start Engine campaign before it closes to the public.
Once this ends, only accredited investors will be allowed to invest in the company, with a much higher minimum investment.
💡Reminder: One of the great benefits of investing in blueflite on Start Engine is that United States Investors can sell their position after one year, without waiting for the company to go public. This means you can have the flexibility to exit your investment, providing an additional layer of liquidity.
blueflite delivery drones are in-market and ready to scale.
To add blueflite to your portfolio, select your investment level here
Signed to Trade Disclosure
A company which intends to be quoted on the marketplace will be subject to certain requirements which the company may or may not be able to satisfy in a timely manner. Even if a company is qualified to quote its securities on the market, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
03.31.23
Invest >$50k and enjoy an extra 20% of shares
Attention Professional Investors.
If you invest >$50k, enjoy an extra 20% of shares investing in blueflite intelligent delivery drone solutions through Start Engine.
Invest today as, we're in the last few days of our raise.
Click here to claim your additional shares
03.31.23
3 days left to invest in blueflite's SE campaign
There are only 3 days left to invest in blueflite's Start Engine campaign before it closes to the public.
Once this ends, only accredited investors will be allowed to invest in the company, with a much higher minimum investment.
💡Reminder: One of the great benefits of investing in blueflite on Start Engine is that United States Investors can sell their position after one year, without waiting for the company to go public. This means you can have the flexibility to exit your investment, providing an additional layer of liquidity.
blueflite delivery drones are in-market and ready to scale.
To add blueflite to your portfolio, select your investment level here:
Signed to Trade Disclosure
A company which intends to be quoted on the marketplace will be subject to certain requirements which the company may or may not be able to satisfy in a timely manner. Even if a company is qualified to quote its securities on the market, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
03.30.23
4 days left to invest in blueflite's SE campaign
There are only 4 days left to invest in blueflite's Start Engine campaign before it closes to the public.
Once this ends, only accredited investors will be allowed to invest in the company, with a much higher minimum investment.
💡Reminder: One of the great benefits of investing in blueflite on Start Engine is that United States Investors can sell their position after one year, without waiting for the company to go public. This means you can have the flexibility to exit your investment, providing an additional layer of liquidity.
blueflite delivery drones are in-market and ready to scale.
To add blueflite to your portfolio, select your investment level here:
Signed to Trade Disclosure
A company which intends to be quoted on the marketplace will be subject to certain requirements which the company may or may not be able to satisfy in a timely manner. Even if a company is qualified to quote its securities on the market, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
03.30.23
Acadian and blueflite announce partnership to develop lifesaving drone solution
Acadian Ambulance, one of the nation’s largest privately held medical transport companies selected Blueflite’s drone and digital platform to develop a first-of-its-kind, drone-based emergency response solution for lifesaving medical deliveries in the USA.
The platform is a joint development and will provide much faster delivery of medical equipment and medicines than what is possible using conventional transport.
“Using drones to deliver critical medical equipment will shorten emergency response times considerably. And when every second counts, that can save lives and reduce cost in healthcare,” said Frank Noppel, Blueflite’s CEO. “We are very excited to have been selected by Acadian and very much look forward to co-developing this platform, which will greatly benefit the lives of many.”
“We selected the Blueflite platform for its advanced technology and capability to deliver lifesaving medical supplies safely and efficiently to those in need. This is the next step in the future of medical response, and we are excited to further development in conjunction with Blueflite and Fenstermaker,” said Benjamin Swig, Director of Healthcare Innovation and Strategy at Acadian Ambulance.
“We’ve been on the cutting edge with drone technology since it was first introduced to the market,” commented Charles Fenstermaker, President of Fenstermaker. “Having been in operation for over seventy years, we have the data, technology, professional network, and regional knowledge required to conduct, in conjunction with Acadian Ambulance and Blueflite, a full-scale R&D effort to ensure the success of this venture.”
Join us on our journey to transform the delivery drone industry. Together, we can deliver a better tomorrow. Invest Today!
03.29.23
Feature your logo on our drones with a $5,000 investment in blueflite
Want to take your company to new heights? Feature your logo on our drones with a $5,000 investment in blueflite. Receive maximum exposure to trade show attendees as your logo hovers during exhibition flights.
Grow your brand awareness by having your company’s name on display as we travel the globe, promoting the future of logistics.
Invest in blueflite today and take advantage of this rare opportunity.
REWARDS
10%
Stack Venture Club & Rewards!
Members get an extra 10% shares in addition to rewards below!
Venture Club
Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$1,000
1st Tier
5% bonus shares + Blueflite Investor Group (exclusive private blueflite news, insights, and event invitations)
$2,000
2nd Tier
7% bonus shares + Blueflite Investor Group
$5,000
3rd Tier
10% bonus shares + a Dedicated area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$10,000
4th Tier
12% bonus shares + a Dedicated area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$25,000
5th Tier
15% bonus shares + a Dedicated large area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$50,000
6th Tier
20% bonus shares + 30-minute video-call with CEO and/or co-founder + a Dedicated large area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
JOIN THE DISCUSSION
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Blaine Foote
2 years ago
What is Blueflite's minimum funding goal?
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MARK LIDD
2 years ago
I may have missed the specs, but can you post a link or list the flight time, speed, load capacity, battery change out or recharge time, and battery lifetime hours of your drone models? thx
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Orion Torcellini
2 years ago
Why do you believe drones will overtake traditional shipping means?
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Orion Torcellini
3 years ago
How has the FAA seemed in response to your business plans? Maybe a better lead question would be do you require FAA clearance for drone movement? What are the federal and state limitations? Why do you see drones replacing the existing infrastructure for goods movement? Thanks - Orion
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000 are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, they are limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
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StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
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Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
W Kim Colich
2 years ago
Hi, I would really like to see you raise at least $500K. Please consider extending your raise a couple of months. Thanks. Blessings
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