Jetoptera

Flying Cars for the U.S. Army

Company Information

Website:

https://www.jetoptera.com/

Sector:

Aviation

Location:

Edmonds, WA

Jetoptera designs unmanned autonomous vehicles and flying cars for military and commercial markets.

The company has already won seven military contracts yielding more than three million dollars in revenue, including for the U.S. Army Aerial Delivery Directorate. In addition, the company is sponsored by the U.S. Special Operations Command and Air Force Special Operations Command.

Using a unique fluidic-propulsion system, the company’s aircraft are able to take off and land at short distances. They can even take off and land vertically.

Jetoptera has been awarded more than ninety patents. And its prototypes have already taken flight.

The company was one of ten finalists chosen to present to the Starburst Accelerator Selection Committee. This accelerator has partnerships with leading aerospace and aviation companies including Boeing, Northrop Grumman, and United.

Team Background

Denis Dancanet - Co-Founder & CEO
Andrei Evulet - Co-Founder & CTO
Simina Farcasiu - Co-Founder & CFO

Co-Investors

Raising
$4.823 million
Committed
$1.472 million (31%)
Current Valuation
$127.43 million
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $600K
    2017-01-01
    Unknown
  • $750K
    2018-07-01
    Unknown
  • $1.35 million
    2018-12-01
    Unknown
Notable Investors
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