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Panhwar Jet

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Form C
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Security Type
Convertible Note
Categories
Travel
Location
WOODS CROSS, PA
Expected Close Date
April 01, 2024
Target Raise
$10.00K-$4.00M
Security Price
$1
Website
panhwarjet.com
Number of Employees
19
Cash
$16,146
Revenue
$0
Short Term Debt
$4,328
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-580,669

Company Description

Panhwar Jet is manufacturing the world’s first all-electric affordable luxury aircraft, achieving the longest distance ever covered by any electrical plane, with a propulsion system driven by an innovative onboard power generation system that eliminates the need for heavy batteries. Join our commitment to spearheading a sustainable legacy curated for the aviation industry through renewable energy initiatives.

Management Team / Advisory Board Bios

Nick Panhwar Chief Engineer & Co-Founder BackgroundExperienced in power generation and propulsion system. 20 years of senior management experience. Serial entrepreneur with successful exits. Has Marine Engineering background experience.

Amount Raised : $53,500
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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