Now our development efforts shift into high gear, driving Aptera closer to production!
(From our Press Release)
San Diego, CA., Feb. 28, 2020 — Aptera Motors, maker of the world’s most efficient passenger vehicles, has closed a $2m round of private financing. This round supplements Aptera’s current crowdfunding efforts at www.WeFunder.com/Aptera, where the company has already raised over 300% of their goal. Together, this fully funds Aptera’s development plan to build and test development vehicles over the next six months. Aptera’s plan is to move from its development vehicles into series production by the end of this year.
Aptera has been working to put together a private round of financing since the beginning of the year. This has resulted in the closing of significant capital to support their development and production engineering efforts through the summer. Once their development vehicles are complete, testing and validation will begin and the knowledge from those efforts will be integrated into Aptera’s final production intent vehicle design.
The principle investment for this round comes from Patrick Quilter, a long-term EV supporter and founder of QSC, a producer of advanced audio electronics for over 50 years. After retiring some years ago, Quilter comes to Aptera not just as a private investor, but with deep engineering knowledge of power electronics. He also has a long career in mid-scale manufacturing, which should provide insight into the production and ramp-up challenges ahead for Aptera. “Pat’s personal experience with EVs, including the GM EV1 and a succession of hybrid and modern EVs, bring enormous value to what Aptera is building here” said Aptera CEO and cofounder Chris Anthony. Patrick Quilter’s history of tech innovation with QSC started over 50 years ago with a passion to improve live stage sound. Through steady effort, QSC has grown into a world leader in high performance audio and visual equipment.
Aptera CEO and cofounder Chris Anthony continued: “We are excited to get started with the work needed to push through our development program and into production late this year. There will be many challenges ahead, but in addition to Pat’s insights, we have an amazing team who are ready for the work.”
Quilter notes “I have always enjoyed the freedom and empowerment of driving my own car on American highways. But we need to radically improve the efficiency of personal transportation if we are to continue using cars without damaging the planet. Converting to clean, efficient electric propulsion is a big step forward. Yet the Aptera shows what is really possible by using 75% less energy than mainstream electric cars with no sacrifice in comfort or performance. This is what the world should be striving for, and I’m very excited to be part of Aptera’s push to make the world a more efficient place!”
About QSC
QSC is a globally recognized leader in the design, engineering and manufacturing of high-performance audio, video and control (AV&C) products including the Q-SYS™ Platform, power amplifiers, loudspeakers, and digital mixers. Uniquely leveraging a broad range of technologies located under one roof, QSC products outperform the sum of their parts by delivering reliable, scalable and flexible solutions for installed, corporate, portable, production and cinema customers worldwide. For more about QSC, visit www.qsc.com
About Aptera Motors
Aptera Motors strives to positively impact the planet by building the world’s most efficient transportation. With advanced aerodynamics, lightweight structures, and an efficient powertrain, our vehicles use less energy by a factor of four than the average electric vehicle. This enables Apterae to travel more than 1,000 miles on a single charge while providing safety, comfort and a fun driving experience. For more about Aptera, visit www.Aptera.us
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I'm in again. let's getter done.
Thanks Wayne! GetN-Er-Done in progress!!!
Great news Aptera! Today I joined the team!
Thanks for the support and the investment Gregory!
Good Share!!!
Very good news. Hopefully we will see results in your prototype cars. Will this page stay up after March 31 or will we need to go to your company page?
Thanks for the support and investment, Robin! I don't see other companies updating after they close here but it may be possible. But we will certainly keep the information flowing via social media and through our newsletter at www.Aptera.us :)
Congratulations! Many hurdles still ahead, but this was big one.
Thanks for the support and investment, Nick! One step at a time :)
It’s happening!🎉
Amazing....CONGRATULATIONS. Aptera! And Thank You and welcome Pat Quilter! Wonderful to have your support and experiences in the Aptera family.
Thanks for the support and investment, Leonard!
This is awesome, thanks for the update
Thanks for the support and investment, John!
Super excited about this update. Keep it up guys. Proud to be part of the family
Thanks for the support and investment, Alan!
It's started a new car concept era....
Thanks for the support and investment, Fabrizio!
This is the future of transportation!
Thanks for the support and investment, Ana!
Excellent. I suspect there are others ready to step in as funding partners as needs dictate.
I have driven a plug-in since 2013. I hope the Aptera is as quiet and comfortable as my current Bolt EV.
As an Aptera shareholder and EV enthusiast, I can’t wait to test drive the car.
Charge on!
Thanks for the support and investment, Rich! We are trying to be VERY comfortable! Steve has a bolt so we have a good benchmark ;)
Significant step!! Congratulations!!
Thanks for the support and investment, Victor!
its great to be a part of this
Thanks for the support and investment, Junior!
Awesome Sauce. Proud to be an investor.
Thanks for the support and investment, Joseph!
Fabulous, good luck with the company.
Thanks for the support and investment, Cameus!
Awesssssome
Thanks for the support and investment, Michael!
congratulations with this super boost
Thanks for the support and investment, Gideon!
Sweet Tweet!
Thanks for the support and investment, Douglas!
You have a beautiful idea and you get a great results. I am so glad.
Thanks for the support and investment, Pranee!
I'm glad to be on board! Thank you and Congratulations!
Thanks for the support and investment, Anthony!