Photo - INAIRWAY
play_arrow
View
53221

INAIRWAY

Uber of drone delivery

Ukraine, Kyiv city
Market: Logistics and warehouses, Drones, Artificial Intelligence
Stage of the project: Idea or something is already done

Date of last change: 11.08.2021
Show contacts
0
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

INAIRWAY is a platform where those who have drones and drone charging stations can connect with eaters, shoppers, restaurants, and shops

Current Status

The product is not yet in the market, however, we have some traction. Sales of the drone: it's been on the presale for 3 months, we have sold 7 units so far (1st month 3, 2nd month 2, 3rd month 2). We have 20 more orders waiting for our prototype to fly and charge, then they will pay the orders. 2,800 followers in our online community make our early adopters base: we have found 50+ points for charging stations where we will set up and keep them ready for the start. We're going to add these spots weekly to build a network of stations.

Market

B2B2C. On demand food and goods delivery market, delivery by drones

Problem or Opportunity

In 2020 in the USA food delivery was up 600%. Restaurants can't afford Doordash and Uber eats, they charge too much. You can't order a cup of coffee, it will cost you too much as well and - it will be delivered cold! Thus, delivering food and goods by people is both slow and expensive, it creates unnecessary traffic and pollution.

Solution (product or service)

An application, which you can use to submit a delivery request that is automatically sent to an INAIRWAY drone near to you. The app automatically figures out the navigational route for the drone and determines charging points for it. Once the order is ready for delivery at a restaurant/shop the drone will fly, pick it up, and bring it to your requested destination. We offer 3-min delivery in hands, twice less expensive than traditional delivery services.

Competitors

Skydio 2 Dock (USA), the cheapest autonomous drone, Deltaquad (Netherlands), the cheapest autonomous drone carrying cargo, Skysense (Germany), drone charging infrastructure provider. Drone delivery - manna.aero (Ireland drone delivery), wing.com (USA, Virginia), matternet (Switzerland)

Advantages or differentiators

First of all, we offer a p2p drone delivery network that is run by people. As a result, the tariff will be changing dynamically and the system will evolve naturally, driven by demand. Next, our technology - we have own IP for universal drone chargers, thus, participants may use their own drones to generate them passive income. Last but not the least, our drone chargers will be connected into a network that will complement our competitors: we will let them charge their drones.

Finance

We charge restaurants and people. Restaurants are charged a commission for sale, and for in-app ads of their offers. People are charged for delivery. Our expenses are - drone and charging stations manufacturing, marketing, legal and G&A. IMPORTANT: because we plan to use an uber-like marketplace where people own drones and charging stations, we will sell them, hence, the expenses for the manufacturing will be reimbursed for us (leasing etc).

Business model

We plan to launch a drone station network and deliver food and goods charging $3 per order (people) +10% comms (restaurants/shops) + $50+/mo in-app ads (restaurants/shops). Y1 $367K, Y3 - $18M, PLUS sale of drones and charging stations to customers (to build the network) Y1 - 1.2M, Y3 - $31M

Money will be spent on

We need investments to finish our prototype, first of all. After we're done with it we will be ready to come up with B2B solutions on the base of our technology: autonomous drone inspection, autonomous surveillance and control etc. We will just make drone solutions autonomous and save money to customers. This is why we need next investments. All of these actions lead us to the main goal - connecting all charging stations into a network and provide continuous drone operations.

Offer for investor

We offer 25% of equity for $4,800,000. The first tranche of $250,000 is needed to finalize out prototype.

Team or Management

Risks

Regulatory risks connected with the use of drones is the major risk. We understand how to deal with it, by working with authorities, right now it's a grey zone where drone operators and authorities work with each other to create new rules. We're confident we can handle these risks, our competitors fly their drones without any problems.

Invention/Patent

Drone charging station that has a unique design and approach to charging drones. It gives us a big advantage before competitors.

Product Video

5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility195
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
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