Jetoptera, Inc.

Revolutionizing flight with bladeless propulsion technology

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Security Type
Common Stock
Categories
Technology, Financial Services, Transportation & Storage, Other
Min Investment
$100
Location
EDMONDS, WA
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$4.82M
No. Investors
470
Security Price
$10.78
Website
jetoptera.com
Number of Employees
4
Cash
$334,817
Revenue
$1,884,146
Short Term Debt
$7,120,148
Cost of Goods
$921,445
Long Term Debt
$468,436
Net Income
$-1,539,199

Key Deal Facts

World’s only jet propulsion solution using fluidics 30dB quieter & 2-3X faster than helicopters and e-vertical (E-VTOL) aircraft Awarded 91 patents & 100+ pending; prototypes flying today $3.1M+ in revenue with US military; $10M invested into R&D Leadership from GE Aviation, Collins Aerospace, US Marine Corps, & Morgan Stanley Collaborations with Northrop Grumman and Pratt & Whitney Adaptable tech supports jet fuel, Sustainable Aviation Fuel, hybrid & electric power sources Poised to revolutionize the $1T advanced air mobility market

Management Team / Advisory Board Bios

Andrei Tristan Evulet CEO/CTO/Co-FounderAerospace engineer and inventor w/30+ years experience. Former GE Tech Lead & Systems Engineer for the revolutionary GE9X turbofan. Inventor with 100+ patents. Rutgers University PhD in Mechanical and Aerospace Engineering., Simina Farcasiu CFO and Co-Founder3x Founder & Entrepreneur. Co-founded hedge fund with peak AUM of $1.4B. Former Belstar Management Company CIO & Merrill Lynch Managing Director. CEO and Founder Lower48 Analytics. Princeton AB. University of London PhD., Todd E Newton Vice President of Business DevelopmentLtCol US Marine Corps. Extensive 27-year experience in aerospace business development and defense aerospace at L-3 Wescam, Collins Aerospace, & Textron Systems. Oregon State University BA., Denis Dancanet Chairman of the Board of Directors and Co-FounderHedge fund exec & private pilot. President of Cubist Systematic Strategies ($17B AUM investment arm of Point72 Asset Management). Former Partner at PDT Partners. Morgan Stanley Managing Director. UPenn BA. Carnegie Mellon PhD in Computer Science.

Amount Raised : $1,287,299
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Security Description

Common stock is a security that represents ownership in a corporation.

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