Airspace Experience Technologies (2023)
About this raise
Airspace Experience Technologies (ASX), with a valuation of $80 million, is raising funds on Republic. It designs and manufactures Electric Vertical Takeoff and Landing aircraft systems to connect cities, airports and suburbs that are clean, quiet and connected. ASX uses a modular design with a swappable payload which reduces downtime as well as can use helipads. It also collapses for easy shipment and storage. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $618,000. The campaign proceeds will be used for technology and product development, sales and marketing, infrastructure and general working capital.
Investment Overview
Invested : $235,967
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 12/19/2022
- Close Date
- 04/30/2023
$25,000
$618,000
$250
SAFE
Growth Stage
RegCF
$80,000,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2021
- Monthly Burn
-
$118,246
as of FY2021
-
Runway
-
4.7 months
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,475,750
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.