Ad Astra
Early Stage
Private On Demand Jet Charter
Overview
Raised: $1,200
Total Commitments ($USD)
Platform
Texture Capital
Start Date
03/26/2024
Close Date
12/31/2024
Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment
$600
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$30,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/26/2024
Days Remaining
248
% of Min. Goal
2%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$39
# of Investors
3
Momentum
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Year Founded
2023
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Ad Astra, with a valuation of $30 million, is raising funds on Texture Capital. The company plans to offer short-hop private jet charter service for upper middle-class people. Ad Astra aims to expand jet charter service to people of all income levels by using a smaller and more efficient Cirrus Vision jet that can be used for close proximity destinations. The company has its current hangar operations at Scottsdale Airport and is focused on efficiency and customer service. Ryan Strand founded Ad Astra in January 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for sales and marketing, legal and regulatory fees, initial inventory, future wages, and working capital.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$36,287 |
$0 |
|
COGS |
$244,358 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-208,071 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$50,461 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$2,863,236 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$3,071,307 |
$0 |
|
Total Liabilities |
$3,071,307 |
$0 |
Financials as of: 03/26/2024
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