LIFT Aircraft

We Develop Drones Capable Of Human Flight

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Security Type
Common Stock
Technology, Transportation & Storage
Min Investment
Offering Date
October 29, 2021
Expected Close Date
January 01, 2025
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

We are creating a future where anyone can fly…and the future is starting now. Personal flight has historically only been available to a privileged few with the time and money to fly traditional aircraft. At LIFT, we’ve created a “drone for people” that anyone can pilot - making the joy and utility of zero-emissions, personal, vertical flight accessible to all.

Key Deal Facts

Massive customer demand. More than 15,000 people have joined waitlists to fly HEXA in 25 US cities. Prospective military customers have signed $15M of MOUs as part of our US Air Force Strategic Financing (STRATFI) program submission. Partners have signed pre-order LOIs for over 100 aircraft.
One of the world’s first vertiport networks. LIFT has received FAA approval to launch the one of the first eVTOL vertiports in the world, where anyone will be able to fly HEXA with less than an hour of training - no pilot’s license required. While others seek certification for more complex eVTOL designs, LIFT plans to launch in 28 markets by 2025, building what would be the largest global network of vertiports.

Management Team / Advisory Board Bios

Matt Chasen
Founder, CEO & Chairman of the Board
Matt Chasen, Founder and CEO of LIFT Aircraft, is a serial entrepreneur, investor, and adventure sports enthusiast. While getting his MBA at The University of Texas in 2003, Matt founded uShip - the first and largest online marketplace for shipping with over $200M in annual gross sales. Matt served as uShip CEO until 2016 and received a Best CEO award from the Austin Business Journal (2012). He has earned Austin Under 40 and Texas Rising Star honors (2011) and was an E&Y Entrepreneur of the Year finalist (2010). Prior to business school, Matt was an engineer at Boeing in Seattle, where he worked on the F-22 Fighter, Airborne Laser, and other advanced aerospace projects. Prior to Boeing, Matt studied mechanical and aerospace engineering at U.T. and was a NASA scholarship recipient. Matt is a pilot, an avid sailor and scuba diver, and has completed the Texas Water Safari - known as the & World Toughest Canoe Race. Matt lives in Austin with his wife and two children.

Balazs Kerulo
Chief Engineer
Balazs Kerulo, Chief Engineer of LIFT Aircraft, was one of the first to ride a man-sized multicopter, back in 2015. He has a degree in aeronautical engineering and is a trained professional fixed-wing pilot. He has extensive experience in digital twin technologies, simulation, and programming.

Kenny Miller
Chief Financial Officer
Kenny Miller is the Chief Financial Officer at LIFT Aircraft. He received his BBA in Finance from the University of Texas at Austin and his MBA from the University of California at Berkeley.
Prior to joining LIFT, Kenny led technology, telecom, and media investing for Nokomis Capital. He previously held positions with Bonanza Capital, Applied Materials, JatoTech Ventures, and Goldman, Sachs & Co.

Kevin Rustagi
Director of Business Development
Kevin Rustagi is the Director of Business Development at LIFT Aircraft. He coordinates partnerships for R&D, Agility Prime, and first response use. As a private pilot (Cessna, Cirrus), he is a strong advocate for unlocking the skies. His prior experience includes co-founding high-tech apparel company Ministry of Supply, working on the iPhone’s speaker grille at Apple, and studying engineering and business at MIT and Stanford.

Kristin Giffin
Director of Marketing and Communications
Kristin Giffin is Director of Marketing and Communications at LIFT Aircraft. She is a proven team leader, project manager, and program director. Prior to joining LIFT, Kristin was the Senior Communications Director for Children’s Hunger Fund, a Charity Navigator 4-star international nonprofit organization that has delivered more than $1B in food and aid.

Jace 'Digit' McCown
Director of Flight Operations & Chief Pilot
A veteran of the US Air Force, Jace 'Digit' McCown is Director of Flight Operations and Chief Pilot at LIFT Aircraft. He received his BS in Computer Engineering from the US Air Force Academy and his Graduate Certificate in Agroforestry from the University of Missouri-Columbia. Jace is a licensed Commercial Pilot, a Certified Flight Instructor, and a licensed Small Unmanned Aircraft System Remote Pilot. Prior to joining LIFT, Jace was a Flight Test Engineer & Chief Pilot at Skyways Air Transportation. 
Amount Raised : $1,342,202
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