{"data":{"type":"company_profile","id":53589,"entity_id":"wefunder:company:53589","attributes":{"canonical_url":"https://wefunder.com/kinectair","generated_at":"2026-06-18T23:50:07Z","updated_at":"2026-06-18T05:02:55Z","entity_ids":{"company":"wefunder:company:53589","slug":"wefunder:company_slug:kinectair"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-18T23:50:07Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-18T05:02:55Z","as_of":"2026-06-18T23:50:07Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-18T05:02:55Z","as_of":"2026-06-18T23:50:07Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-18T23:50:07Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-18T23:50:07Z","confidence":"medium"}}},"company":{"id":53589,"entity_id":"wefunder:company:53589","slug":"kinectair","name":"KinectAir","tagline":"Personal planes booked on demand from airfields nearby; optimized with software","elevator_pitch":"With KinectAir people can use their mobile to book flights on small planes from nearby airports. 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There are two companies I’m aware of already doing what you are planning to do, Flewber and TapJets. They do online quotes and book the aircraft. Both are operating now. Second question, what did you spend the money on? Raised $2.4m but only have $343k in the bank. That is a serious cash burn for not yet operating.","author_name":"Bruce Marcus","votes":2,"created_at":"2022-03-09T22:00:05Z","canonical_url":"https://wefunder.com/kinectair#question-195712","answers":[{"id":196073,"entity_id":"wefunder:comment:196073","answer":"Hi Bruce, thanks for the questions! The crucial difference with KinectAir is that we are both tech platform and aircraft operator; we manage the end-to-end experience; booking, passenger experience, pilot training and employment, aircraft ownership/management, maintenance, aviation-operations and certification. It is that combination of software and operations which enables our AI to deliver more accessible and affordable services, and our operations to fully own and deliver a brilliant customer experience. When other people talk about being \"Uber in the skies\" what is actually under the bonnet is an aggregation of flights available through other operators. The experience is delivered through 3rd parties rather than the people you book with, with the tech just enabling them to locate existing small part 135 operators where they make a cut on the flight by providing demand for them. (So their tech is more akin to a dating app, or an existing flight search engine than it is to on-demand air-travel.) Search for a flight on KinectAir.com and you'll see that our prices are around 50% more affordable than the operators you mention above. We also insist on flying turboprops which compared to jets are more efficient, can land at many more airfields, and which mimic the use-cases (in distance \u0026amp; passenger load) of the aircraft which are going to become sustainable first - which will increase affordability even further. In terms of burn, the simple truth is that it takes significant funding to address complex aviation challenges like this properly and safely. It is impossible to prepare flight operations and software, to develop certification and operating procedures, to bring aircraft onto a network and to develop the necessary expertise without it. The money raised to date has kept us funded over 3 years and built an incredible team, ready to fly; future investment will enable us to more rapidly scale the opportunity we have laid the groundwork for.","author_name":"Johnny Corbett","votes":0,"created_at":"2022-03-12T13:35:54Z"}]},{"id":107385,"entity_id":"wefunder:comment:107385","question":"Your PC12's are these owned by you or are they leased? if so on what basis is the lease? How do you plan to scale for growth across the nation?","author_name":"Darren Metherell","votes":2,"created_at":"2020-09-22T15:19:10Z","canonical_url":"https://wefunder.com/kinectair#question-107385","answers":[{"id":107390,"entity_id":"wefunder:comment:107390","answer":"Hi Darren, we have secured 5 aircraft in the Las Vegas area that we will be announcing shortly. This is timed to come online with FAA Part 135 approval. We are also launching an ownership scheme in the fall where owners who we call our 'Pioneers' will be able to earn revenue on their machine by giving us access to their aircraft when they are not planning to fly it. Yes, nationwide growth is planned. For a feel about what KinectAir is at scale please have a play with our Discovery Apphttps://app-preview.kinectair.com/We hope you will invest and be a part of the story!\u0026nbsp;Blue Skies from all\u0026nbsp;the KinectAir team","author_name":"Nick Rogers","votes":1,"created_at":"2020-09-22T15:29:31Z"}]},{"id":107220,"entity_id":"wefunder:comment:107220","question":"Hi. Iv read all of the news articles and appreciate all of the detail found here in wefunder. However I’m still not clear what the differentiator is between this and say wheels up or hopscotch. I think it’s that this model is based on fractional ownership and leaseback to kinectair + better app tech + market timing. Is that what you are basing your bets on or am I missing something. If I am missing something can you spell it out in laymen’s terms? Everything Iv read seems to have some sort of dance/marketing speak softness around this question.","author_name":"Ryan Nathanson","votes":2,"created_at":"2020-09-21T11:50:35Z","canonical_url":"https://wefunder.com/kinectair#question-107220","answers":[{"id":107231,"entity_id":"wefunder:comment:107231","answer":"Hi there Ryan, thanks for reaching out. I am glad the articles were helpful. We challenge anyone to try booking a range of private flights using a range of operators, then see how we will compare here: https://app-preview.kinectair.com/ We genuinely believe that software, access and affordability is the key to scale. Getting that right will change many people's view that they can actually access private flying and all its many benefits. It isn't easy otherwise someone would have done it. The playing field is level and we have a strong understanding of what we want to do. We hope that you'll join us.","author_name":"Chris Rogers","votes":3,"created_at":"2020-09-21T14:43:32Z"}]},{"id":93795,"entity_id":"wefunder:comment:93795","question":"Could you explain more about what role the AI has in your plans? Is the AI just related to KinectAir only flights or also flights brokered through you software? Also is the software including the app developed in house or third party?","author_name":"Terry Mitchell","votes":2,"created_at":"2020-06-16T20:42:03Z","canonical_url":"https://wefunder.com/kinectair#question-93795","answers":[{"id":93887,"entity_id":"wefunder:comment:93887","answer":"KinectAir will use AI to optimize routing of KinectAir managed aircraft so that empty flights are minimized and that maintenance / crew and safety requirements are accounted for as efficiently as possible. We will also use AI to price flights on the KinectAir network in a way that encourages travelers to move in economically and environmentally friendly ways by advertising, discounting and alerting travelers to special flights. This will result in a significantly more productive operation by helping us cover parts of empty legs and allow us to better saturate the flight schedule. The backbone of KinectAir's software platform, including API, traveler apps, and AI modules, will be developed in house. Where appropriate, KinectAir will integrate with other software vendors for book keeping, payment processing, and other standard business services allowing us to focus on work that makes us unique.","author_name":"Philip Benjamin Howard","votes":3,"created_at":"2020-06-17T15:54:18Z"}]},{"id":202243,"entity_id":"wefunder:comment:202243","question":"Are the prices represented on your app what you plan to charge? Trying to compare your service to alternatives. They seem very high…","author_name":"Bruce Marcus","votes":1,"created_at":"2022-04-22T20:48:25Z","canonical_url":"https://wefunder.com/kinectair#question-202243","answers":[{"id":204863,"entity_id":"wefunder:comment:204863","answer":"Hi Bruce... thanks for the question... which surprises me! Who are you comparing the service with and on what routes and aircraft?","author_name":"Johnny Corbett","votes":0,"created_at":"2022-05-11T09:52:42Z"}]},{"id":194104,"entity_id":"wefunder:comment:194104","question":"Hi Nick, I have the software you need already built. I also live in Las Vegas and I have investor networks that can finish out the funding you need. Text my cell 702-219-9719 and let me show you a demo of what I have built. Then we can talk about the investment.","author_name":"Wesley Willard","votes":1,"created_at":"2022-02-25T20:50:25Z","canonical_url":"https://wefunder.com/kinectair#question-194104","answers":[{"id":196074,"entity_id":"wefunder:comment:196074","answer":"Thanks Wesley, we have been working through the opportunity - including the operational certification with the FAA - for 3 years so it will be interesting to see what you have developed; one of the team will be in touch next week.","author_name":"Johnny Corbett","votes":0,"created_at":"2022-03-12T13:51:11Z"}]},{"id":193702,"entity_id":"wefunder:comment:193702","question":"Hello Nick, I see you have answered most questions quite brilliantly and still yet to hit your funding goal. However I would love to discuss further, first having a more detailed look at your financials including projections especially for the industry you're in and also about alternative funding opportunities available at our company if we are satisfied. You can drop me an email at richard@700capital.com, then we can start looking at financing your whole target. Thanks.","author_name":"Richard Marrone","votes":1,"created_at":"2022-02-23T02:12:18Z","canonical_url":"https://wefunder.com/kinectair#question-193702","answers":[{"id":193871,"entity_id":"wefunder:comment:193871","answer":"Hello Richard, email sent for you. For clarity, we smashed our first funding goal in 2020 on Wefunder, and have raised over $2.4 million to date. This current raise is a brand new round ahead of starting commercial operations in the Spring and we've raised $65k+ in the first day or so. Many thanks for reaching out! Nick","author_name":"Nick Rogers","votes":1,"created_at":"2022-02-24T11:36:03Z"}]},{"id":128602,"entity_id":"wefunder:comment:128602","question":"How similar are ya'll to Jet Token?","author_name":"Judah Greenberg","votes":1,"created_at":"2021-02-04T14:51:30Z","canonical_url":"https://wefunder.com/kinectair#question-128602","answers":[{"id":191092,"entity_id":"wefunder:comment:191092","answer":"Hi Judah, well, we're similar in that we both fly planes and have an app, but then so do United 😉 The main difference is that we are driven to make ourselves as accessible as possible to as many people as possible. When we say \"Open The Skies\" it's because we think that there should be as few barriers as possible to experiencing personal air travel; lots of the membership programs that exist for jets are highly exclusive. KinectAir is open to all; anyone will be able to find a flight on our website and book it. There's no need to pay to be part of an expensive membership program. This attitude extends to the aircraft we fly. We will be launching with the brilliant Pilatus PC12 (https://kinectair.com/pilatus) and Cirruss SR22T (https://kinectair.com/cirrus/) neither of which are \"jets\" which makes them more affordable, and opens access to a larger number of airstrips to depart and land from. Overtime, and as regulation allows, we will be bringing on more sustainable aircraft which will further increase affordability.","author_name":"Johnny Corbett","votes":2,"created_at":"2022-02-04T12:11:15Z"}]},{"id":107133,"entity_id":"wefunder:comment:107133","question":"Will you have a part 91 GA owner / operator partner relationships or will all flights be conducted under part 135?","author_name":"Kyle Ward","votes":1,"created_at":"2020-09-20T13:52:09Z","canonical_url":"https://wefunder.com/kinectair#question-107133","answers":[{"id":107144,"entity_id":"wefunder:comment:107144","answer":"Hi Kyle - All flights will be operated under Part 135 only. The aircraft in the network\u0026nbsp;will be managed, operated, crewed\u0026nbsp;and maintained by KinectAir once FAA approval is given. Many thanks for your question.\u0026nbsp;","author_name":"Nick Rogers","votes":1,"created_at":"2020-09-20T14:06:22Z"}]},{"id":107091,"entity_id":"wefunder:comment:107091","question":"what kind of stock youre sseling prefered? tibor","author_name":"Tibor. Feher","votes":1,"created_at":"2020-09-20T00:41:00Z","canonical_url":"https://wefunder.com/kinectair#question-107091","answers":[{"id":107145,"entity_id":"wefunder:comment:107145","answer":"Hi Tibor - The investor details are found under the 'Buy Stock' tab on the header page where you can find all the information. Many thanks, Nick","author_name":"Nick Rogers","votes":0,"created_at":"2020-09-20T14:11:14Z"}]},{"id":107083,"entity_id":"wefunder:comment:107083","question":"how will you start operations as in flight in 2021 if you hav raised only $177000 . and if this is the correct amount raised (why halt investors from investing in your'e company?l","author_name":"Tibor. Feher","votes":1,"created_at":"2020-09-20T00:09:08Z","canonical_url":"https://wefunder.com/kinectair#question-107083","answers":[{"id":107148,"entity_id":"wefunder:comment:107148","answer":"Hi again Tibor, the wefunder initiative was designed to give ordinary people the chance to invest in KinectAir at the very start of its journey and generate a broad base of support. So far we are delighted with all the support we have been getting from an extremely diverse and global investor set. We hope you'll join them and rest assured we have both a solid investment strategy and a team that has raised institutional money before!","author_name":"Nick Rogers","votes":0,"created_at":"2020-09-20T14:16:19Z"}]},{"id":107075,"entity_id":"wefunder:comment:107075","question":"Mr Rogers i am willing to invest but i need to know, What type of proof i will get of the stocks i purchase ? Tibor Feher","author_name":"Tibor. Feher","votes":1,"created_at":"2020-09-19T23:23:44Z","canonical_url":"https://wefunder.com/kinectair#question-107075","answers":[{"id":107149,"entity_id":"wefunder:comment:107149","answer":"Hopefully answered above for you Tibor!","author_name":"Nick Rogers","votes":0,"created_at":"2020-09-20T14:16:55Z"}]},{"id":106945,"entity_id":"wefunder:comment:106945","question":"Is this investment real stock on the company?","author_name":"Ryan Lesondak","votes":1,"created_at":"2020-09-19T11:12:45Z","canonical_url":"https://wefunder.com/kinectair#question-106945","answers":[{"id":107007,"entity_id":"wefunder:comment:107007","answer":"Hi Ryan - Thanks for your question. All the stock information can be found under \"Buy Stock\". I hope this helps and we thank you in advance if you are considering investment.","author_name":"Nick Rogers","votes":0,"created_at":"2020-09-19T16:34:11Z"}]},{"id":106810,"entity_id":"wefunder:comment:106810","question":"In theory, this is a great idea, especially for those who may not be independently wealthy to afford netjets, their own private jet, etc, but have enough disposable income they can splurge on a private flight like this once or twice a year for vacation. I’d be a customer. The PC12 is the perfect aircraft. The problem is several other companies have tried this model and all have failed, so as an investment, it’s difficult. What makes you different?","author_name":"Mark High","votes":1,"created_at":"2020-09-18T20:56:19Z","canonical_url":"https://wefunder.com/kinectair#question-106810","answers":[{"id":106863,"entity_id":"wefunder:comment:106863","answer":"Hi Mark, thanks for the great question. The timing is very good in many respects, as software and aviation advances we can see the chance to rise with the tide of these technologies and saturate flights. We can also scale up and down with the demand with the model we are proposing. We do pose a different question to the ones that went before too, in committing to operate the aircraft (but not own them) and choosing sophisticated propeller-driven aircraft not jets. If you look at the press we achieved for AIN Online (in the press section) it sets this distinction clearly as we enter the market. As you said there is a gap and people have budgets to fly for special events or to avoid crowds at this time. Take a look at the Discovery App we've developed, it shows what sort of access and affordability we are looking at creating. It speaks for itself, particularly for individual seat costs. https://app-preview.kinectair.com/ Beyond access and affordability, we have a great global team of experts that has shipped successful AI, drone software and other data products into various markets. Between us there are several 'exits' too so we're versed in success and making huge progress behind the scenes. We would love to have you on board. Please do reach out if you want to discuss it further in person at marketing@kinectair.com. We'll be glad to arrange it, Thanks! Chris","author_name":"Chris Rogers","votes":0,"created_at":"2020-09-19T00:00:34Z"}]},{"id":106800,"entity_id":"wefunder:comment:106800","question":"Are you considering extending the time to invest past the 22nd?","author_name":"Bryan Meldahl","votes":1,"created_at":"2020-09-18T19:51:40Z","canonical_url":"https://wefunder.com/kinectair#question-106800","answers":[{"id":106856,"entity_id":"wefunder:comment:106856","answer":"Hi there Bryan. We don't plan to extend it for the time being. I hope that we can still count you as an investor. Best, Chris","author_name":"Chris Rogers","votes":0,"created_at":"2020-09-18T23:34:49Z"}]},{"id":104402,"entity_id":"wefunder:comment:104402","question":"I know you were brokering flights in the Pacific Northwest as kind of a test of your system. Are you still brokering flights and if so how are you doing it as I don't think your app is available yet. How soon do you expect to be operating your own flights once you get Part 135 approval? Also when did you lower the minimum investment to $100?","author_name":"Terry Mitchell","votes":1,"created_at":"2020-08-30T11:56:06Z","canonical_url":"https://wefunder.com/kinectair#question-104402","answers":[{"id":104578,"entity_id":"wefunder:comment:104578","answer":"Hi Terry, it is great to hear from you. Wefunder lowered the minimums across the board recently as it is more inclusive and gives more people a chance to invest according to their means. We share that ethos as we want to bring affordable air travel to many more people that can currently access it. So we joined the Wefunder movement on that request. We are fulfilling the brokered flights on our beta testing program but have throttled back on promoting this while we develop our own product. It is not our priority to charter using people as the interface, as you know. We have learned a lot doing that and will go to the next stage. Thanks to the initial Wefunder investors, we are making great progress behind the scenes. We plan to operate as soon as we have the Certification, again in the Pacific Northwest at first. We are working on bringing in the first fleet to operate at the same time. That will also be a big moment for us as we are proving that KinectAir can operate aircraft without owning them. There will be a lot of firsts to come in the next weeks. Stay tuned and thank you again for the support! Chris","author_name":"Chris Rogers","votes":1,"created_at":"2020-08-31T20:06:52Z"}]},{"id":101753,"entity_id":"wefunder:comment:101753","question":"A couple of months ago you wrote, \"We are in the process of obtaining our air carrier certificate…\" Will you be a Part 121 operation, or a Part 135 operation—or something else entirely?","author_name":"Alan Marcum","votes":1,"created_at":"2020-08-11T17:32:58Z","canonical_url":"https://wefunder.com/kinectair#question-101753","answers":[{"id":101963,"entity_id":"wefunder:comment:101963","answer":"Hi Alan - Thanks for your question. Our Part 135 application is ongoing and a process we hope to be concluded by the end of this year at the latest.","author_name":"Nick Rogers","votes":1,"created_at":"2020-08-12T18:27:18Z"}]},{"id":101752,"entity_id":"wefunder:comment:101752","question":"Have you considered the downfalls of other companies with similar business models, and do you have a game plan to truly differentiate and overcome the obstacles they encountered?","author_name":"Tyler Pinson","votes":1,"created_at":"2020-08-11T17:31:24Z","canonical_url":"https://wefunder.com/kinectair#question-101752","answers":[{"id":101967,"entity_id":"wefunder:comment:101967","answer":"Hi Tyler! We have considered all the failure cases you highlight very carefully and been careful to make sure our business development doesn’t lead us into similar rabbit holes. Simply put, our model ensures the highest operational professionalism and safety supported by capable software embedded with AI that will optimise utilisation of the aircraft at all times. The KinectAir offering will be an efficient on-demand mobility service for our travellers that brings the joy back to air travel. We’ll do this by owning both the software build and taking responsibility for the management and operation of the networks of aircraft on our own FAA Part 135 certificate. This is our major differentiation from what has gone before. We’d love to have you onboard sharing in our vision!","author_name":"Nick Rogers","votes":0,"created_at":"2020-08-12T18:51:54Z"}]},{"id":93021,"entity_id":"wefunder:comment:93021","question":"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...","author_name":"Leonardo Lee","votes":1,"created_at":"2020-06-10T23:11:29Z","canonical_url":"https://wefunder.com/kinectair#question-93021","answers":[{"id":93090,"entity_id":"wefunder:comment:93090","answer":"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 - $137mYear 3 - $151mYear 4 - $166mYear 5 - $183mGreat question on the minimums.\u0026nbsp;We're still working through our investor list from our personal networks. Once we've moved more folks down through the funnel, then we will likely seek to broaden our reach by reducing the minimum investments.We hope to welcome you on board as an investor soon!\u0026nbsp;Nick","author_name":"Nick Rogers","votes":0,"created_at":"2020-06-11T19:30:00Z"}]},{"id":302176,"entity_id":"wefunder:comment:302176","question":"Hi, do you guys have any good updates you could share with us please? Hope all is well!","author_name":"Tim DeMasters","votes":0,"created_at":"2025-02-13T14:26:52Z","canonical_url":"https://wefunder.com/kinectair#question-302176","answers":[]},{"id":255524,"entity_id":"wefunder:comment:255524","question":"Is your company planning any future community raises for non accredited investors in the future?","author_name":"Kevin Lee Johnson","votes":0,"created_at":"2023-07-25T14:48:25Z","canonical_url":"https://wefunder.com/kinectair#question-255524","answers":[]},{"id":206693,"entity_id":"wefunder:comment:206693","question":"Any plans/thoughts to eventually including helicopters/seaplanes? What about adding any additional plane models, or are the 2 selected sufficient for future growth?","author_name":"Brian Smolens","votes":0,"created_at":"2022-05-28T05:56:38Z","canonical_url":"https://wefunder.com/kinectair#question-206693","answers":[]},{"id":104721,"entity_id":"wefunder:comment:104721","question":"Hello KinectAir. They say when an opportunity knocks open the door and let it in. I just invested. How long will this campaign last and will you be doing another one? What will you be using the money for? Can you tell me how often will you be communicating with investors on what's going on with KinectAir once all campaigns are closed? Thanks.","author_name":"David Komitau","votes":0,"created_at":"2020-09-01T15:12:55Z","canonical_url":"https://wefunder.com/kinectair#question-104721","answers":[{"id":104776,"entity_id":"wefunder:comment:104776","answer":"Hi David, 'The opportunity is knocking', I love that! It's so great to have you in as part of the community of KinectAir investors. It means a lot to Jonathan and our team, so thank you. The campaign lasts until middle Sept at the moment. We like the crowdfunding as it gives us a great chance to see where our networks are needed and build awareness within the community. We have another communication going out this week with any luck you'll see that. During the campaign it will be frequent. We are spending the money on developing software that builds functionality into our app and helps people discover what it is like to fly KinectAir. Meanwhile we are doing some work on adding fleet and towards Certification. There's a lot going on. Please keep in touch and do evangelise about KinectAir to your own community to spread the word. Thank you!","author_name":"Chris Rogers","votes":0,"created_at":"2020-09-01T21:04:54Z"}]},{"id":101751,"entity_id":"wefunder:comment:101751","question":"Hi, looks interesting and has some great potential. When will the app be available? You mention Europe, are there plans for Central and South America (Mexico in particular)? Are there flight benefits / discounts for shareholders? Thanks, Ula B","author_name":"Ula Baldwin","votes":0,"created_at":"2020-08-11T17:29:54Z","canonical_url":"https://wefunder.com/kinectair#question-101751","answers":[{"id":102092,"entity_id":"wefunder:comment:102092","answer":"Hi Ula - Great you see the potential too! The app in accordance with our plan is in the early stage of development now. A working version will available to a closed beta group from early next year. When the time comes we’ll be encouraging people into the Beta group so please watch the communications here and on KinectAir.com. We’ll also update our progress in newsletters directly to wefunder investors. In terms of the first network of 8 aircraft, this is provisioned in North America on the west coast. Of course where there is opportunity to scale rapidly into new regions and mesh the existing networks, we will look carefully at new opportunities. Central South America seems an obvious opportunity for the future :-) On benefits/perks, the whole premise of doing a wefunder campaign was to build a community of KinectAir evangelicals who wish to be the first travellers on our service as it launches. Although nothing is set in stone with regards to level or nature of discount/offers at this point, we will ensure that the very people who so generously supported our early stages are looked after favourably. As CCO you have my promise on that!","author_name":"Nick Rogers","votes":1,"created_at":"2020-08-13T13:55:08Z"}]},{"id":101379,"entity_id":"wefunder:comment:101379","question":"Hi, with high %small air craft accident , How do you ensure full safety for passenger and air craft maintenance vs world renowned commercial airliners.","author_name":"Mike Boss","votes":0,"created_at":"2020-08-08T22:31:08Z","canonical_url":"https://wefunder.com/kinectair#question-101379","answers":[{"id":101966,"entity_id":"wefunder:comment:101966","answer":"Hi Suraj - All the aircraft we have selected to form our networks are the superlative in their class for both safety and efficiency. All aircraft like the Pilatus PC12 have better safety records than their competitors. Some also have additional safety features over and above their great record for reliability. For example the SR22 is fitted with a parachute in the case of catastrophic engine failure in flight. We hope this helps your decision to invest.","author_name":"Nick Rogers","votes":1,"created_at":"2020-08-12T18:40:45Z"}]}],"faq":[{"question":"Hi. When are you going to market? What are your revenue goals (not projections) for the 1st 5 years?","answer":"Hi Leonardo -\u0026nbsp;Thank you for your insightful questions!\u0026nbsp;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.\u0026nbsp;This really leads onto your next question since the revenue goals are align..."},{"question":"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?","answer":"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 \u0026amp..."},{"question":"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?","answer":"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..."},{"question":"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...","answer":"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..."},{"question":"Why hasn't your business made any money yet?","answer":"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."}]}}}