Jetpack Aviation

A Real-World Jetpack.

Company Information

Website:

http://jetpackaviation.com/

Sector:

Other Transportation

Location:

Van Nuys, CA

JetPack Aviation is the first company to design and manufacture a jet-powered personal flight machine that can be easily carried by the pilot.

This is the creation of a new market for individuals, corporations, and the military. Applications might include rapid organ transportation, high rise fire escape, and rescue missions behind enemy lines.

For over 100 years, writers, technologists, and futurists have promised the advent of personal flight with jetpacks.

From its inception, this idea has captured the public’s imagination. Now, Jetpack Aviation has finally created the technology solution to enable personal flight with its model JB10.

KEY FACTS
- Retail price of $250,000
- Up to 18,000 feet in altitude - 68 Miles per hour
- Over 10 minutes of flight time (varies with pilot weight)
- Built-in stabilization
- Uses ordinary jet or car diesel fuel
- Easy to use flight controls

Jetpack Aviation has conducted several demonstration flights for the U.S. military and has been awarded a CRADA (Cooperative Research and Development Agreement) by USSOCOM (U.S. Special Operations Command).

This agreement gives the company access to the U.S. military's personnel, engineers, experts, and facilities. The CRADA agreement also opens up an opportunity to sell directly to U.S. armed services in the future.

It's worth taking a look at the demonstration videos of this device on StartEngine.

Team Background

David Mayman - CEO

Founder of TrueLocal.com.au (sold to News Corp.) and YourLocal.ie and an early advisor to MarketBoomer.com, assisting the company to expand to Europe and Asia.

Prior experience in management consulting, and M&A in the mining/resources sector.

His passion has always been aviation and he holds an American commercial pilot license with instrument rating and Australian and European helicopter and airplane pilot licenses.

Nelson Tyler - Chief Designer

Nelson has been a successful and award winning inventor and product designer for over 55 years.

Nelson founded Tyler Camera Systems in 1964. His primary business is the design and manufacturing of stabilized camera systems for helicopters. He is the recipient of three Academy awards and the Fuji Gold Medal.

Stefano Paris - Chief Technical Officer
Sergey Samchyk - Head of Computer Engineering
Bruce Tulloch - New Media and Technologies
Yuriy Fuks - Electrical and Computer Engineering Advisor
Daniel Schwarzbaum - Director of Marketing
Boris Jarry - Operations Manager

Co-Investors

Raising
$999.804K
Committed
$249.361K (25%)
Current Valuation
$55 million
Min. Investment
$199
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $675K
    Invalid date
    Unknown Lead
Notable Investors
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