Hi. When are you going to market? What are your revenue goals (not projections) for the 1st 5 years?

Hi Leonardo - Thank you for your insightful questions! We are already brokering flights with 3 trusted operators in the Pacific North West USA but have the ambition to operate our own networks so that as we grow we can ensure the safety and compliance control aspects critical to commercial flight operations as we scale the business. Established networks are also critical to enable the software to scale. This really leads onto your next question since the revenue goals are align...

Why did you choose to raise through a common stock instead of a SAFE or preferred stock? What are the situations I can get returns?

Maxine, thank you for these questions. With respect to your first question, we are actually selling preferred stock in this round, not common stock. We selected preferred stock because it has the advantage (over a SAFE or convertible note) of providing investors and the company with certainty as to the valuation at which they are investing. It also provides investors with certain advantages over common stock. The general terms for our raise can be found by clicking on the “see more terms &amp...

Do you do background checks on passengers? What is your exit strategy/how and when should I expect a return on my investment? How do you differ from your competition?

Thank you Tal for your questions! In terms of background checks, we currently operate only as an air charter broker – meaning we connect our customers with several trusted aircraft operators, who perform all required screenings. We are in the process of obtaining our air carrier certificate to allow us to operate our own aircraft, at which time we will perform all necessary passenger screenings. These are non-intrusive and include things like ensuring the passenger does not bring prohibited i...

Thanks but can you translate that into numbers? That would help me decide whether to invest or not. I understand revenue goals are not guaranteed. Also, why such a high minimum? I believe you'll get much more traction with a lower amount, maybe 200 or 300...

Hi again Leonardo,Thank you for more thoughtful questions. Appreciate that you understand that projections are just that-- projections. However, we've outlined these goals based on (data, data, data) so we are confident in our approach.The numbers look like this:KinectAir Anywhere in 000sYear 1 - $782Year 2 - $1,564Year 3 - $1,955Year 4 - $3,910Year 5 - $7,820KinectAir Together (rounded down to nearest million and based on one fully established network of 13 aircraft)Year 1 - $91mYear 2 - $13...

Why hasn't your business made any money yet?

Great question, thanks for asking. We have sold flights and have some revenue coming in. When we say pre-revenue in a startup, it often refers to a term used to arrive at a pre-money valuation. We will post our flight data in response to your question soon.

KinectAir

Personal planes booked on demand from airfields nearby; optimized with software

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kinectair.com

Vancouver, WA

Travel & Tourism Entertainment Service Transportation

Highlights

💸 $2.4M+ VC & professional investments raised preparing flight operations, launching Spring 2022

🤝 Team with deep aviation, software and customer expertise, with over $41m raised, previous exits

💻 Prototype software with organic 'flight demand' requests; has 7,000+ users and 20,000+ routes

⚙️ FAA Part 135 certification being finalized with pre-cert number (#KAIA568P)

Team

Open The Skies with on-demand air travel in personal aircraft booked from your phone.

We are combining deep aviation, software and customer expertise to make booking a personal plane from an airstrip nearby as easy as booking a taxi.

We've raised $2.4M+ from professional investors and leading venture capitalists, ahead of launching commercial operations in the Atlantic Southeast USA in Spring 2022.

📱 Use your mobile phone to summon a personal plane to a nearby airfield

🛩️ Fly efficiently and conveniently from one of the 5,000 small airports in the US

⛔ Avoid congestion at the 30 hub airports serving 70% of “big plane” traffic

💸 Cost reductions increase as software and aircraft sustainability optimize

😃 The joy of flight with experienced private, commercial and military pilots