ZEVA AERO

Zero-Emissions Vertical Aircraft

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Security Type
Common Stock
Categories
Transportation & Storage
Min Investment
$200
Location
TACOMA, WA
Offering Date
August 03, 2021
Expected Close Date
February 02, 2022
Target Raise
$10.00K-$1.07M
No. Investors
293
Security Price
$4
Valuation
$56,100,000
Website
zevaaero.com
Number of Employees
25
Cash
$5,262
Revenue
$127,239
Short Term Debt
$77,422
Cost of Goods
$15,190
Long Term Debt
$186,900
Net Income
$-201,337

Company Description

We design and build electric aircraft for true point to point travel. Our larger mission is to fundamentally transform the way people get around by providing sustainable air vehicles for daily personal use - giving everyone the freedom to fly everyday.

Key Deal Facts

We believe eVTOL vehicles will lead to the largest market opportunity of our lifetimes.
ZERO plans on being the fastest way to safely get anywhere within a 50 mile radius by traveling over 160 miles per hour.
Our first goal is to sell 500 vehicles by 2025 into the first responder and defense markets, which has the potential to provide a total revenue of $125 million dollars.

Management Team / Advisory Board Bios

Stephen Tibbitts, President & CEO
Private pilot and electrical engineer. Raised more than $4 million in non-dilutive R&D contracts. Held multiple director level and management positions. Consulted for world top semiconductor companies. Advisor for NASA AAM Working groups #3 & #4. BSEE Washington State University

Gurbir Singh, CTO & VP of Battery Engineering
27-year career at Intel. As senior principal engineer, managed team of 32 engineers with an annual budget of $23m. Managed development lab with annual budget of $12.5m. Responsible for invention of multiprocessor technology used in most contemporary servers. Holds 29 US and three international patents. MS Electrical Engineering - Clemson University

Don Mclane, VP of Controls Engineering
Senior Lab Support Engineer and Lecturer at the University of Washington Tacoma for over 20 years. Industry experience designing control systems. Organizer of the Pacific Rim Collegiate Cyber Defense Competition. MS Electrical Engineering - Notre Dame

Fred Bills, COO & Head of IP
USPTO registered patent agent with 10+ years of operations and IP law firm experience
Developed company-wide workflows for firm managing millions of dollars in IP assets
Co-founder of 50-lbs capacity eVTOL cargo-drone startup
Lead design engineer of electric 8-ft fixed-wing drone team
BA Advertising - University of Nebraska
BS Mechanical Engineering - NYU
Amount Raised : $204,868
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Security Description

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