Jetoptera

Commonplace aerial mobility for people and cargo with revolutionary fluidic propulsive system

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Security Type
Common Stock
Categories
Infrastructure, Technology, Industrial, Financial Services, Transportation & Storage, Other
Min Investment
$100
Location
EDMONDS, WA
Offering Date
May 13, 2021
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$4.82M
No. Investors
179
Security Price
$10.78
Valuation
$100,000,000
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

Company Description

We think of a more detailed and mutually beneficial integration of the propulsor with the airframe. Our name reflects that approach. All other aircraft bolt conventional multi-blade propulsion systems onto the airframe with no synergy. FPS enables us to augment thrust and lift at the same time. It's revolutionary and the benefits are exceptional.

 

Key Deal Facts

Realizing the vision of a flying car and deploying capable drones, a $1.5 trillion market by 2040
Prototypes flying today; safer, 30 dB quieter, twice as fast, energy agnostic compared to any VTOLs
The Fluidic Propulsive System is the quietest aviation propulsor ever; "sounds like wind, not like a machine"
Awarded 19 patents, more than 50 pending; extensive R&D with $7.8mm invested to date
Three contracts awarded from the US Air Force and US Army.

Management Team / Advisory Board Bios

Andrei Tristan Evulet, CEO/CTO/Co-Founder
Aerospace engineer, 15-year GE career in R&D and Technology, Technology Integration Manager for the record-shattering GE9X, the largest ever turbofan, main inventor with over 50 patents, PhD in Aerospace Engineering

Simina Farcasiu, CFO & Co-Founder
Entrepreneur in finance, software and energy, Chief Investment Officer, Belstar Management Company; CEO and Founder Lower48 Analytics, SAAS platform for upstream oil and gas investment management.

Todd E Newton, Vice President of Business Development
Extensive 27- year experience in Aerospace Business Development, 26 years in USMC (infantry) Pvt-LtCol; Manned & Unmanned Aircraft Systems, Sensors & Controls.
Amount Raised : $824,542
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Security Description

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

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