bluShift Aerospace

bluShift Aerospace

First dedicated rocket launch service for the booming nanosatellite industry

Print
Claim My Business
Security Type
CAFES
Categories
Infrastructure, Technology, Service Businesses, Transportation & Storage
Min Investment
$100
Location
Brunswick, ME
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$4.00M
Security Price
$1
Number of Employees
5
Cash
$165,419
Revenue
$5,000
Short Term Debt
$70,499
Cost of Goods
$3,821
Long Term Debt
$1,192,369
Net Income
$-983,111

Company Description

🥇First dedicated rocket launch service for nanosatellites
📡 Rapidly growing, $69B+ market opportunity for deploying nanosatellites
💰Projected cash flow positive in 4 years, net margin increases to 50% in 7 years (not guaranteed)
🚀First company in the world to launch rockets using non-toxic biofuel
🌊Unique advantage - launching from Maine's coast provides access to desirable polar orbit
🏆Paying Customers are already onboard!
📈 Over $1M raised to date!

Key Deal Facts

🥇First dedicated rocket launch service for nanosatellites
📡 Rapidly growing, $69B+ market opportunity for deploying nanosatellites
💰Projected cash flow positive in 4 years, net margin increases to 50% in 7 years (not guaranteed)
🚀First company in the world to launch rockets using non-toxic biofuel
🌊Unique advantage - launching from Maine's coast provides access to desirable polar orbit
🏆Paying Customers are already onboard!
📈 Over $1M raised to date!

Use of Proceeds


$50,000
24% Labor Expenses which includes current engineers, production staff, marketing, contractors for PR agent, fund-raising, accounting and legal;
30% Materials & Licensing Costs for production of MAREVL engine, consumables;
42% All Other Operating Expenses such as leases, liability insurance, R&D, training, software systems, utilities, advertising & marketing, etc. 
4% towards Wefunder fees 




$4,000,000
38% Labor Expenses which includes  engineers, interns,  marketing, contractors including production staff, PR agent, accountant, attorney, environmental study professionals, consultants for FAA launch provider licensing;
25% Capital Investments such as launch site launch rail, wharf, road, renewable energy system, communications, and storage building, mission control trailer, additional ground telemetry systems, and manufacturing equipment.
10% Materials & Licensing Costs for production of flight ready MAREVL engine and Starless Rogue beta rockets, consumables, 
23% All Other Operating Expenses such as leases, liability insurance, R&D, training, software systems, utilities, advertising & marketing, etc.
4% towards Wefunder fees 



Amount Raised : $1,049,026
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments