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
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