bluShift Aerospace (2023)
About this raise
bluShift Aerospace, with a valuation of $20 million, is raising funds on Wefunder. It is a commercial rocket company that uses earth-responsible, carbon-neutral, and bio-derived fuel to provide space launch services. The company works as an Uber to space with its suborbital and orbital launch services. bluShift Aerospace is expected to be cash-flow positive in four years, increase its net margin to 50% in seven years, and generate revenues of over $400 million over ten years. Sascha Deri founded bluShift Aerospace in 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4 million. The campaign proceeds will be used for labor expenses, materials and licensing costs for the production of the MAREVL engine, training, R&D, and marketing.
Investment Overview
Invested $338,697 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -96% YoY
- $5,000
- Monthly Burn
- $81,926
-
Runway
- 2 months
- Gross Margin
- 24%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,395,010
- VC Backed?
- No