Is the SAFE valuation different from that of the convertible note?

It is different in that it is not considered 'debt' whereas a convertible note is more similar to a loan on the company's books. In this SAFE note the investment is converted to equity during a future priced round (such as a Series A or Seed round). A convertible note would also be convertible to equity in such a round.

I am very interested but I am curious of something........... what is the valuation per share? How many shares would be purchased with a minimum investment?

Hi Bruce, we're doing what's called a SAFE note which is a bit different than what most of us are used to when it comes investments. You can see more details about it here: https://help.wefunder.com/contract/295248-safe But effectively, your equity gets converted once we do a pre-Series A/Seed Round. That's the round where the value of the stock gets well... valued. Wefunder has a good low-down on how SAFE notes work here: https://help.wefunder.com/contract/295248-safe Hope that helps!

What is your wefunder fundraising goal and how will meeting or not meeting that goal impact future development?

Hi Justin, Great question. We apologize that the goal is not visible during the family and friends round we're in at the time of this response, but it is $1.07M. Meeting the goal means wrap up the build-out and testing of our full-scale MAREVL(tm) engines that will be used in all of our rockets (Starless Rogue & Red Dwarf) for the years to come. We expect that we will re-open the reg cf crowdfunding to the possible full $4M possible to fund the construction of Starless Roque Beta, launch ...

A few questions: 1: There are quite a few competitors as you note in your slide deck. Can you name your top three direct competitors and what advantages you see having over them? 2. You state 50% of launches want polar orbits. What about the other 50%? What are your allowable ...

Hi Aaron, a lot of good questions! A little background on some of our history. To develop our business plan and launch service strategy we performed over 40 customer and industry stakeholder interviews. From those we gained many insights as to what's working well for launch customers, their pain points, and nuanced insights. As a result of our customer discovery process we pivoted our business, launch service and marketing strategy towards servicing an underserved beachhead customer market: a...

Are you working on this full time? AltE is another company listed on your LinkedIn, but how invested are you in blueshift? Will you be making a full switch to blushift anytime soon?

Hi Calvin, excellent question. I've been incredibly fortunate that over the last 22 years of growing altE with my co-founder, Nick, we have developed a team of incredibly capable and talented individuals, including exceptional management staff that take care of day to day operations at altE. Thanks to everyone at altE, many of whom are now bluShift investors in this Wefunder campaign, I can dedicate far more than 40 hours a week to drive bluShift forward and become the world's first rocket co...

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