Photo - Electric aircraft
41869

Electric aircraft

Ukraine, Kyiv city
Market: Mechanical engineering, Another, Drones
Stage of the project: Prototype or product is ready

Date of last change: 06.10.2019
Min investment
$  600.000
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Total required
$ 1.200.000
Rating
equalizer 192 из 1000
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Idea

We developed a multipurpose vertical take-off aircraft that combines the advantages of airplanes and drones. It is able to land even at small pieces of land. Having the airplane-type wing the aircraft is more effective in terms of flight distance than drones. The capacity is two passengers. However, the aircraft could be easily transformed for cargo delivery purposes. Having the electrical engine the aircraft is eco-friendly.

Current Status

MVP is produced and tested. At the moment we are working on aerodynamics of the vehicle

Market

We have two potential audiences. The first one is the rich individuals who want to use a new type of transport for personal purposes. Neiro is an alternative to helicopters and lightweight airplanes.
The second part of the audience are municipalities which can buy the vehicles for such purposes as specific transport for emergency cases, transport for regions difficult to reach, etc.

Problem or Opportunity

To resolve the issue with transport collapse in big cities providing an alternative to existing types of transport. To help reduce CO2 pollution in highly populated areas.

Solution (product or service)

Multipurpose electric vertical take-off and landing aircraft – eVTOL

Competitors

We have quite strong competitors such as Volocopter, Ehang, Airbus Vahana, Lilium, Cora Kitty Hawk. All of them are on different stages of their prototypes development and testing.

Advantages or differentiators

Our main advantage over the competitors that we are using the unique combination of ducted fan and airplane-type wing which makes our vehicle more power effective and does the longer distance with the same charge.

Finance

We are going to sell one vehicle for approximately $250K. The spare parts and additional services would be charged separately.

Business model

Sales of eVTOL for Public Transport
Private vehicles
DIY
Platform for experiments

Service for eVTOL sold

Money will be spent on

Production of the prototype 70%
Technical team salaries 15%
Marketing 5%
Organization costs 10%

Offer for investor

Up to 10-15%

Team or Management

Risks

The main risk if the alternative source of clean energy would be discovered. So electrical vehicles would not be demanded

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

None
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video