Jetoptera

Jetoptera

Growth Stage

Propulsion systems and Vertical and Short Takeoff and Landing Aircraft

Propulsion systems and Vertical and Short Takeoff and Landing Aircraft

Overview

Raised this Round: Raised: $205,634

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/05/2022

Close Date

11/08/2022

Min. Goal
$9,993
Max. Goal
$2,999,988
Min. Investment

$496

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.78

Pre-Money Valuation

$135,000,074

Year Founded

2015

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Edmonds, Washington

Business Type

Growth

Jetoptera, with a valuation of $135 million, is raising funds on Wefunder. The company has multiple unique patents, including its fluidic propulsive system, which can be combined to create a simpler, faster, quieter, and more compact aircraft. The unique propulsion system of Jetoptera is engineered for short and vertical takeoff and landing applications. Jetoptera has been awarded 53 patents and has five contracts awarded from the US Air Force and US Army. Andrei Evulet and Denis Dancanet founded Jetoptera in June 2015. The current crowdfunding campaign has a minimum target of $9,993.06 and a maximum target of $2,999,987.76. The campaign proceeds will be used to deploy and sell FPS-enabled military unmanned aircraft and build a prototype of manned-flight FPS-enabled craft.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$411,992

$39,591

COGS

$0

$0

Tax

$2,494

$2,080

 

 

Net Income

$-3,070,663

$-1,132,657

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$706,764

$720,939

Accounts Receivable

$0

$29,927

Total Assets

$1,812,934

$1,994,939

Short-Term Debt

$5,271,940

$301,452

Long-Term Debt

$893,174

$4,747,317

Total Liabilities

$6,165,114

$5,048,769

Financials as of: 06/05/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Jetoptera 04/10/2024 Wefunder $127,000,000 $2,076,883 Equity - Common Funded RegCF / RegD 506(c)
Jetoptera 11/07/2022 StartEngine $135,000,074 $205,634 Equity - Common Funded RegCF
Jetoptera 02/27/2022 Wefunder $125,044,544 $2,167,898 Equity - Common Funded RegCF
Jetoptera 04/12/2020 Microventures $22,000,000 $217,168 Convertible Note Funded RegCF
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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.

Employee History

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Jetoptera on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $135,000,074
Price per Share: $10.78

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Follow Jetoptera on StartEngine 2022

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