Hi Andrei, I am new to this field. So, please excuse my somewhat dumb questions. 1) How does your system's fuel efficiency compare to Otto Celera 500L? (https://www.ottoaviation.com/celera-500l) 2) How does your system operate in bad weather conditions like rain, storm, thunde...

Hi John, these are all great questions; 1) long term we plan to use a recuperated turbine, see for example what the guys at Turbotech (https://www.turbotech-aero.com/solutions) do, or a high pressure ratio turbine like the CT7 from GE for larger systems; that means it will be almost as efficient as a piston engine (such as the Otto Celera's) BUT about 60% of an equivalent piston engine's weight (on power basis), and 5x the life. And remember, no propellers means 10-20 decibels quieter! 2) our...

Hi. I see you did an equity crowdfunding on Microventures in February last year. What valuation was that based on? Thank you.

Hale, we will disclose that in our filing. It was a convertible structure with a relatively small raise

Nice concept... What specifically are the early bird terms? Wefunder shows a 125M pre-money valuation with no reduction in valuation for early bird terms.

We will be offering warrant coverage - the right to invest up to an additional 2x your original amount on the same terms with a 3-year warrant life. Wefunder is working on a field to allow us to describe this.

Does the company plan to sell these aircraft to the general public? If so, what training/licensing is anticipated to own and fly one of these aircraft? What are the anticipated purchase prices of the various aircraft? I think these aircraft are absolutely fascinating.

Hi Gary, yes we intend to offer them also as certified aircraft for General Aviation. As you probably noticed, one thing that distinguishes us from the competitors is that we have a risk abatement approach involving lots of unmanned flights before introducing the manned platforms - this will give us significant data to reduce risks and facilitate certification. In fact, we are one of the few UAM companies that will start with unmanned platforms and offer both unmanned (first) and manned. Our ...

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