Doroni Aerospace, Inc.

The Future of Personal Mobility

Doroni Aerospace, Inc.

The Future of Personal Mobility

Coral Springs, FL
Engineering
Environment
Doroni has developed a safe, and affordable Electric Vertical Takeoff and Landing Aircraft, or “eVTOL,” that everyone can personally fly and park in their home garage. You just need a driving license and a quick course which we will provide. We started Doroni to help people transport themselves in a faster, safer, cheaper, greener, simpler, and more efficient manner.

$282,703

raised
281
Investors
$14M
Valuation
$1.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$282,703

raised
281
Investors
$14M
Valuation
$1.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into Doroni Aerospace, Inc.:

$250+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$5,000+
Investment
$5,000+
Receive 5% bonus shares
$10,000+
Investment
$10,000+
Receive 10% bonus shares
$20,000+
Investment
$20,000+
Receive 20% bonus shares

Reasons to Invest

The global automotive industry in 2020 was worth $3.6 trillion. In the US alone, it was worth $86 billion
Doroni won 2nd place in both the Florida Aerospace 2021 Forum and a nationwide aerospace competition (among 65 companies)
Doroni Designed, built, tested, and lifted off the ground a 643 pound, full scale, single-seat, prototype eVTOL

Overview


We aim to make a better urban infrastructure 


*Images are computer generated demo versions. Product is still currently under development.


Our mission is to transform intra-city transportation in a sustainable manner.  We are helping to define the future of urban air mobility, engaging with the aviation industry, academia, the military, regulatory agencies as well as our prospective civilian and commercial customers. Our personal flying vehicle will offer a safe, practical, inexpensive, and environmentally friendly alternative to traditional automobile transportation. 


Doroni is a pre-revenue company with all products under development.


THE PROBLEM


Cars take a massive environmental toll on the planet



It’s an unfortunate and inconvenient truth that automobiles, even the electric ones, are bad for the planet. They’ve dealt massive damage to our ecology and supporting the infrastructure on which they rely is costly and unsustainable. Moreover, as population density in cities and suburbs continues to increase, gridlock and traffic are also worsening. In fact, it’s scientifically proven that a stressful commute negatively impacts a person’s mental wellbeing. (Source)


Our whole infrastructure in this country is built around cars, which not only is terrible for the planet but is also costly for taxpayers. In 2009, our government spent $146 billion on maintaining highways alone. (Source)  Even with the work-from-home paradigm shift that companies are supporting, the vast majority of people still need cars to go to and from places. We believe the world needs a mode of transportation that can both lighten the load for city infrastructures and the environment itself.



THE SOLUTION


We created a fully-electric flying car


*Images are computer generated demo versions. Product is still currently under development.




The Doroni team set out to design an intuitive, easy-to-use aircraft control system based on an auto-stabilizing, multi-rotor aircraft. Our goal was to simplify the complexities of flying an airplane or a helicopter to make it user-friendly and accessible to every person. The Doroni H1 has 3 motions of axes and sports a blazing fast charge time of 15-20 minutes. These axes are pitch, roll, and yaw. Our prototype has a range of 60 miles, a cruising speed of 100 mph, and a max speed of 140 mph. We believe this groundbreaking technology can revolutionize the way we live, commute, and even build cities if scaled correctly.


*Images are computer generated demo versions. Product is still currently under development.


Our business model consists of building and selling our flying cars. We expect to start selling and leasing 22 units in our third year and 722 units by our fifth year. We anticipate the Doroni H1 eVTOL will generate revenue, starting with first responders, law enforcement, armed forces, letter of intent for a preorder from a security company, and recreational users. From there, we plan on positioning ourselves to possibly be acquired by global defense contractors, automobile manufacturers such as General Motors, or ridesharing companies such as Uber and Lyft.* 


*This section includes forward looking information, please refer to our forward looking information legend at the bottom of the page. To achieve these sales goals, we will need to be successful in our fundraising and development plans and that will incur significant costs. In addition, please refer to our risk factors in our Form C Offering Materials, investing in a startup is inherently risky, speculative and involve a high degree of risk, including the possible loss of your entire investment. 


*Images are computer generated demo versions. Product is still currently under development.




OUR TRACTION


We’re ready to take off!


*Images are computer generated demo versions. Product is still currently under development.


*Images above include our X8 prototype eVTOL. Product is still currently under development.


We are already making significant progress towards our goal of disrupting the eVTOL space. We have designed, built, tested, and successfully lifted off a 643 pound, full-scale prototype, the X8 prototype eVTOL. On our way to that accomplishment, we won 2nd place at the Florida Aerospace 2021 Forum and have submitted 2 patent applications covering design and aerodynamics features while also landing a letter of intent for a preorder from a security company



We have also benefited from press mentions from outlets like Green Technology, The Vertical Flight Society, Space Florida, and the Florida Venture Forum. These incremental milestones are helping us step to our inevitable goal of producing a fully functional flying car and bringing it to market. Space Florida, which is a huge entity under the governor's office, is enthusiastic to keep Doroni Aerospace in Florida by providing Doroni the facilities i.e. land, factory, and tooling to scale-up production. 



*Images are computer generated demo versions. Product is still currently under development.


Both our technology and design are different and we have submitted patent applications with the USPTO. It combines the best of both worlds between a drone and an aircraft. Our technology enabled us to design a safe, affordable, compact LSA-eVTOL. Most of our competition is currently focusing on air-taxi while we are focusing on personal use. So initially, as our go to market strategy, the first responders, law-enforcement, sports, and leisure are our main targets. Why sports and leisure? Because they are the low-hanging-fruit based on the ease of adoption; you just need a driver's license and a quick course.


We designed our flying cars with ease of use, quick deployment, and practicality in mind as we plan on having our vehicles to fit and charge in a standard, 2 car garage. This design is intentional as we really plan to make our car the go-to family vehicle for drivers.


*This is a price estimate, our final pricing may change. The product is still currently under development.


Affordability is also important to us, as we plan for our vehicle pricing starts at just $135K, which we believe is far lower than most flying cars on the market. Lastly, our plan is for consumers to not be required to obtain a pilot’s license to pilot our flying cars. They will just need to be certified on Doroni’s premises after 15 hours of courses and practice. By making our product more accessible, we can actualize our ambition of creating a more efficient and cost-effective infrastructure while also boosting our revenues.



THE MARKET


The Urban Air Mobility (UAM) market is projected to reach $1.5 trillion by 2040 (Source)




WHY INVEST


The future of transportation


*Images are computer generated demo versions. Product is still currently under development.


We know that it’s a big goal to claim, but innovation and excellence isn’t built on a foundation of small goals. Doroni has the leadership, drive, and actual technology to create and introduce flying cars to the world. Our goal is no longer science fiction, and we have the working prototype to prove it. By investing in Doroni, you are investing in a safer, more sustainable mode of transportation that is designed to avoid the damage to our ecosystem that the antiquated automotive industry has done. Become a shareholder in Doroni and help us take off to a better future.



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Offering Summary


Company

:

Doroni Aerospace, Inc.

Corporate Address

:

11555 Heron Bay Blvd. suite 200, Coral Springs, FL 33076

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

10,000

Maximum Number of Shares Offered

:

1,070,000

Price per Share

:

$1.00

Pre-Money Valuation

:

$14,000,000.00











Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Forward Looking Information Legend

THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Time-Based

Friends and Family Early Birds

Invest within the first 7 days and receive an additional 20% bonus shares.

Super Early Bird Bonus

Invest within the next 7 days and receive an additional 15% bonus shares.

Early Bird Bonus

Invest within the next 3 days and receive an additional 10% bonus shares.

Amount-Based:

$5,000+

Receive 5% bonus shares

$10,000+

Receive 10% bonus shares

$20,000+ 

Receive 20% bonus shares

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Doroni, will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Any expense labeled “Travel and Entertainment”. Salary payments made to one’s self, a friend or relative. Any expense labeled “Administrative Expenses” not strictly for administrative purposes. Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$0.00 USD
$0.00 USD
Cash And Cash Equivalents
$0.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$19,567.00 USD
-$152,936.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Webinar Update

15 hours ago


Don’t be left out! We’re seeing a generous outpouring of interest for our live ZOOM webinar and Q&A session with CEO and Co-Founder Doron Merdinger—Tuesday, December 7th, 1 PM EST.


Register here before it’s too late. You won’t want to miss the exciting new developments we’ll be unveiling about our progress!

Notice of Funds Disbursement

2 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Doroni Aerospace, Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Doroni Aerospace, Inc. be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

A Need for Fast, Clean Intracity Transportation is Driving Investments

3 days ago


The number of passenger vehicles on the road in the US rose to 289.5 million in 2021, an increase of more than 25 million from 2016 (source). As the number of vehicles rises, so does the growing problem of traffic congestion in major cities, increase in commute times, and the scientifically proven negative toll a stressful commute can have on a person’s mental wellbeing. 


This increase in vehicles is also a major challenge for governments handling existing road infrastructure, and the undeniable environmental impact of fossil fuel-burning automobiles. On November 6, Congress passed the Bipartisan Infrastructure Deal (Infrastructure Investment and Jobs Act) with the promise of improving transportation options for millions of Americas, reducing greenhouse emissions, and upgrading our nation’s airports to bolster our supply chains from future disruption.  


As a result of these mounting concerns, governments and technology companies have turned their attention to Urban Air Mobility (UAM) as a viable solution for safe and efficient air transportation operating aboved urban areas—saving time and reducing pollution given that the majority of air taxis are electric or powered by fuel cells. 


eVTOL Market Growth and Forecasts (2021 - 2030)


According to a recent report (source), the global eVTOL (electric vertical takeoff and landing) aircraft market is already estimated at $8.5 billion, and is projected to reach $30.8 billion by 2030 at a CAGR of 15.3%. Although the pandemic wrecked havoc in the aviation industry, the eVTOL aircraft market was spared to a degree, with electric unmanned aerial vehicles (UAVs) used for military purposes like border security, and government and law enforcement agencies experimenting with them as well. 


Doroni Aerospace’s state-of-the-art eVTOL platform, founded in 2016, sits at the convergence of these market conditions. Doroni’s global research network and multidisciplinary team have a clear goal with their flagship aircraft, the H1—creating a mode of transportation that can both lighten the load for city infrastructures as well as the environment. 


The H1’s intuitive, easy-to-use aircraft control system helps simplify the inherent complexities of flying an airplane or helicopter, making it user-friendly and accessible. The Doroni team anticipates generating revenue across a range of fields, beginning with EMS first responders, law enforcement, armed forces, and recreational users. 


For the latest information and developments about the future of personal mobility, be sure to follow Doroni’s campaign page on StartEngine. 


Also, be sure to join us on Dec. 7th, 1 PM EST for a live ZOOM Webinar Q&A with founder and CEO Doron Merdinger—where he’ll be answering questions and sharing some exciting developments.


The Doroni Team



Live ZOOM Webinar Q&A with Doroni CEO & Founder—December 7th, 1PM EST

10 days ago



Join Doron Merdinger—CEO & Founder of Doroni Aerospace—on December 7th, 1 PM EST for a live ZOOM webinar and Q&A Session!


This is your chance to meet the CEO and Founder that’s redefining the future of personal mobility with the flagship aircraft—the Doroni H1. As part of the Doroni family, we’re excited to meet you and offer our gratitude for your continued support. 


Doron will be answering questions about our technology, business, and investment opportunities on Start Engine, as well as revealing some exciting developments about our progress to date!


You don’t want to miss this! In the meantime, be sure to follow our crowdfunding campaign page on StartEngine for the latest news and developments. Investors are currently also privy to an Early Bird Bonus for an extra 10% shares for just 3 more days.


Register here: Live ZOOM webinar and Q&A Session


The Doroni Team



Hungry for the Future

14 days ago

Doron Merdinger, CEO & Co-Founder, Doroni Aerospace (right); pictured with Czar Balangue, Chief Systems Development Engineer (middle); Derek Barger, Electrical and Electronics Engineer (left)


Doron Merdinger, CEO & Co-Founder of Doroni Aerospace, vividly remembers the moment Doroni was born—the spark of inspiration hit him 5 years ago while stuck in gridlocked traffic. 


“Sitting there, I looked up in the air and saw a small drone. I suddenly began imagining myself going vertical and cruising over traffic.”


The next question to hit him seemed obvious—what’s stopping me from doing that now?


Doron was a creative kid who built RC planes and helicopters, raised on visionary futuristic movies and television that spurred an electronics and computer background, which opened the door to his service in the Israel Air Force and earning honors from the Stern School of Business at NYU.

Doroni Aerospace now relies on a global research network and the formation of a multinational and multidisciplinary team of experienced professionals who share the same affliction—an infectious hunger to make the future a reality.


In a nutshell, the Doroni team is driven by the passion to make a personal flying car a reality. With 2 patents covering design and aerodynamic features, combined with placing second at the Florida Aerospace 2021 Forum, they have designed, built, tested and successfully lifted off the ground a 643 pound, full-scale prototype. 


And investors are taking note—to date, 220+ early adopters have helped Doroni raise over $230K in just over a week. Investors are currently also privy to a Super Early Bird Bonus for an extra 15% shares for just a few more days


When asked for the origin of the name Doron, he replies: “It is the Hebrew word for ‘gift’.”


Doroni Team

We’ve reached $200K 🚀| Super Early Bird Bonuses Start TODAY!

17 days ago


We are pleased to announce Doroni has exceeded $200,000 in investments in our crowdfunding campaign. We are incredibly appreciative of everyone’s support thus far and are excited to deliver our revolutionary aircraft, the Doroni H1.


Through our groundbreaking technology and a team of inspiring experts in the eVTOL market, we are making safe and consumer-focused air transportation a reality. We continue to be at the forefront of an industry that’s just now taking off. 


In fact, according to one report from BIS Research, the electric VTOL aircraft market is estimated to reach $524 million by 2025 — that’s only a few years away! 


Don’t let this opportunity fly by. With the industry projected to grow rapidly in just the next few years, there has never been a better time to start investing in this groundbreaking technology.


If you still haven’t taken the opportunity to invest in us, the time is now. Our Super Early Bird Bonus starts today. That means when you invest within the next 7 days, you’ll receive an additional 15% bonus shares.


Doroni Team

BIG NEWS for the eVTOL industry ⚡

19 days ago


The US House has passed two new bills that will promote the advanced air mobility (AAM) sector that Doroni lives in.


The passage of the Advanced Air Mobility Coordination and Leadership Act asks for the creation of an interagency working group that can guide the federal government to develop a strategy to promote AAM.


While the timing of everything remains unknown, many are encouraged by this action and hope that it will force the Senate to speed things up. The bill, once signed into law, will require that an interagency working group, comprised of leaders from key government agencies, be established within 120 days.


The leaders will help to strategize the role the government should play in the AAM sector, focusing on economic and workforce opportunities, potential physical and digital security risks and mitigations, and infrastructure development.


The working group will rely on the expertise of many people highly involved in the sector, including aviation operators and manufacturers, airports, labor groups, state, local and tribal officials, consumer groups, and first responders.


The second bill, the Infrastructure Investment and Jobs Act, proposes $550 billion in new spending for U.S. infrastructure, which includes modernizing the country’s transportation systems.


Of the $500 billion, $5 billion will be directed toward the Federal Aviation Administration over the next five years for towers and other air traffic control facilities and $100 million will be available annually from the Strengthening Mobility and Revolutionizing Transportation (SMART) Grant Program for cities to conduct demonstrations for “smart city technologies.”


Both bills are a huge indicator of where the future of transportation, specifically advanced air mobility, is headed. Doroni is at the forefront of this sector with our fully-electric flying car, the Doroni H1.


If you want to get involved in this fast-growing sector, click here to learn more about our crowdfunding campaign and invest in Doroni now. There are only two more days left to get 20% bonus shares when you invest in Doroni.

Doroni Team

We’ve reached $100K 🚀

22 days ago


We’re honored and thrilled to announce that we’ve hit $100K in our crowdfunding campaign within two days of our launch. This exceeds any expectations we had and showcases the incredible support we’ve had from our early adopters.


We want to take this time to emphasize that while we’re raising capital to fund our immediate efforts, our ultimate goal is to build a long-term relationship with our investors. 


Our hope is to foster a community of investors that will influence others and act as our brand advocates. In fact, we’re confident that we’ll all be in this together for a long, long time.


If you’re planning to invest, don’t miss the opportunity to receive an additional 20% bonus shares when you act in the next five days. This offer will end soon!


Join us in revolutionizing the world of transportation by clicking the link below to invest.


https://www.startengine.com/doroni


Doroni Team

FAQ

23 days ago

I see you are using conventional drone technology. What is the difference between your H1 and a standard drone? What makes it so unique that someone else can’t do it?

Doroni H1’s main advantages are based on an optimized combination of solutions, creating a true synergy. The design is so unique and efficient that we registered two patents on design and aerodynamic features. Based on five years of developments and testing, we founded this design, which makes our product compact, safe, easy to buy, simple to pilot, efficient for hovering, and able to fly horizontally.

Why does Doroni look like this instead of Archer or other brands?

We envision a vehicle that’s accessible to the general population. So we designed our H1 to be the size of a two-car garage with a simple structure, easy maintenance, and a zero point failure level. Our market niche is personal vehicles, not urban mobility.

Why did you make coaxial props for vertical take off?

Coaxial prop configurations are the most compact solution for vertical take off. They also offer higher levels of redundancy and efficiency. Part of Doroni’s vision is to fit the H1 in your standard two-car garage.

Why didn’t you use tilting rotors?

Tilting rotors will add unnecessary weight and complexity to our simple, compact, and effective design. Integrating tilting rotors will increase the weight and the number of moving parts, reducing our safety levels. At this point, we feel that the increased cost is not worth the small gains. 

How will you offerget a low price if competitors cost millions of dollars?

Doroni is using existing proven components and materials and is simple with minimum parts. No tilting rotor, no big battery, no specific materials (we don't intend to innovate new materials or take something that only exists in the labs) — only high-grade existing components, combined in an optimum way. 

Why do you make it two seats, not four or five as competitors?

As statistics show, the average number of passengers in a personal car is less than two. We made Doroni useful, compact, and affordable for as many people as possible. Such a configuration is also useful for police and paramedics teams. 

Where can I find info on charging times and requirements?

You can expect a 15-minute charge time for 80% of capacity and 30 minutes for full charge. However, it is always recommended that a slower charge rate is used for maximum lifespan of the cells. We expect both charging time and capacity to be dramatically improved as the automobile industry is rapidly moving into electric cars. 

How do you control for terrorism (i.e., flying the Doroni into a crowd or building —  manned or unmanned)?

There are multiple sensors (360D of anti-collision sensors technology used by the automotive industry) and onboard emergency protocols. Also, through the use of GeoFencing, the Doroni will not be able to fly into TFR (Temporary Flight Restricted) areas which will be protecting heavily congested areas of people gathering (sports stadiums, downtown areas, etc.) and other areas of highly protected officials.

The FAA will be controlling air traffic in highly populated cities with systems such as https://www.anratechnologies.com/home/smartskies-uam/https://www.youtube.com/watch?v=AQxPY4421SE&t=25s

How long will the FAA study this before allowing mass production and sales?

As part of the aviation world, we have to meet the Federal Aviation Administration’s LSA regulation standards. We have already started working with DER (Designated Engineering Representatives) to approve or recommend technical data to the FAA. (DER are responsible for confirming that engineering data complies with the appropriate airworthiness standards.) We also plan to bring on Designated Airworthiness Representatives.

Where do you plan to manufacture Doroni?

We are interested in outsourcing whatever is already out there. Currently, we’re in discussions with various strategic partners and suppliers to support a scalable production capability. We’ve already been in communication with aerospace manufacturers both in the U.S. and abroad. We have a few subcontractors lined up to work with us on our first three milestones. Space Florida has also offered to build our production facility in Florida, including tooling, to help scale up our production. 

Does the Doroni H1 have onboard flight controls or is it completely reliant on automated flight paths?

Doroni will be piloted with optional remote control. In the future, it will be autonomous.

Do you have any IPs?

We have two pending patents on design and aerodynamics features.

How many letters of intent do you have?

We have one letter of intent and are currently working on two more.

Let's consider the worst case scenario. If you’re unable to deliver in the next three years (due to any known or unknown challenge), what will be the next steps as no one has built any such product in the market so far?

The technology to build the Doroni H1 eVTOL is already here. This means that in our worst case scenarios, we can be delayed but not come to a halt. A situation like that can be anticipated. We have already prepared our development milestones for the next three years. They include completing and certifying our H1 go-to-market products.

How confident you are about launching in the next three years, and can you please share a high-level roadmap or project plan which shows your confidence?

Our milestones are: 

  1. H1 digital twin: a full-scale showroom display model

  2. A full-scale propulsion system in 12 months

  3. Flying full-scale prototype in 18 months

  4. Complete FAA certification and begin sales in 30 months

How many rounds of funding have you raised so far? Do you have enough money to sustain the next three years or are you going to raise the next rounds as well?

Until now, all the funds came from our founder Doron Merdinger. We are in the process of raising additional funding to support research & development and initial production.  

How will the money raised in this round be used?

With $1M, we plan to complete three milestones: Doroni H1 digital Twin, one full-scale propulsion system (two coaxial counter-rotating motors in a duct), and full-scale showroom model.

Do you know when the company might go public?

A start-up company has the luxury of controlling its future. The exit strategy for investors could be a path to going public as well as potentially merging or being acquired by a private equity firm or a larger public company. 

I would like to invest, but I am reluctant because I see no women listed as members of management and there are no women in the ads. Are you suggesting women cannot purchase or enjoy one?

Women are drastically underrepresented in the aviation industry worldwide, having one of the lowest percentages of female participants. Where globally women make up 47% of the workforce, only roughly 5% of women exist in the aviation portion. Doroni is an equal opportunity employer. There are a number of qualified women and minority candidates we plan to recruit as we complete the next round of funding. As positions become available, we will be posting them on our website. We also accept unsolicited resumes from interested candidates. 

Have you had a competitive analysis or value proposition versus competition that has a headstart over you?

For the initial stage, our strategy is to develop an LSA targeted at first responders, armed forces, and recreational users. In that sense, we let the big players fight for the eVTOL market while we are developing our own two-seater vehicles. 

Without annual revenue, why is this company worth $14 million?

The pre-money valuation has been calculated on a fully diluted basis. In making this calculation, we have assumed:

(i) all preferred stock is converted to common stock;

(ii) all outstanding options, warrants, and other securities with a right to acquire shares are exercised; and

(iii) any shares reserved for issuance under a stock plan are issued.

Our finance team arrived at the $14M valuation based upon the status of our development at Doroni Aerospace. Our two submitted patents on design and aerodynamics features put us in a position of strength ahead of our competitors, and our market analysis has reinforced our belief that we are developing the right product to meet growing market demand for personal eVTOL aircraft. 

Other eVTOL companies are currently worth over $1B each. As far as the technology advancement and the current stage of Doroni Aerospace, we have a working prototype and patents. The pre-money valuation was set by the company internally and isn't set by a third-party appraisal. We believe that by achieving our 12 monthly milestones, the company will be worth over $100M.

With the estimated $1.5T valuation by 2040 in a CAGR of 30.30% by 2030, we believe that Doroni's $14M pre-money valuation is conservative.

How will you market this product?

We plan to market the H1 in several ways, including:

Direct sales: primarily for local government agencies such as first responders.  

Our approach to the consumer market will have a two-prong approach. First, we plan on having a “Brand Awareness Center” in major shopping malls in specific markets. 

Second, we are exploring leveraging established dealer networks to penetrate as broad a market domestically as possible. Our launch campaign domestically includes a series of print, press releases, and social media marketing to launch the H1. 

Our international marketing strategy will be driven in part by regional government acceptance of personal eVTOL vehicles. For example, the Transport Ministry in Japan is working to establish standards and licensing requirements for eVTOL vehicles by the end of 2023.

What kind of conditions are you expecting to operate these vehicles in?

There are many varying conditions throughout the world that an eVTOL can experience. As part of our safety testing and evaluation, we will be subjecting the H1 to various flying conditions prior to sale. The H1 Operating Manual will identify any weather operating limitations of the H1.

It is hard for helicopters to land; how will it work with the eVTOL?

Aircraft, helicopters, and eVTOL are able to take off and land anywhere with the landowner’s consent. 

eVTOL will also land in vertiports and on helipads: https://aerocorner.com/blog/can-helicopters-land-anywhere/

https://lakenonasocial.com/lake-nona-takes-flight-all-electric-vertical-take-off-jet-aircraft-and-hub-coming-to-lake-nona

https://www.orlandoweekly.com/Blogs/archives/2021/03/29/orlando-officials-pursing-multiple-air-taxi-projects-in-hopes-to-become-a-leader-in-the-industry

https://evtol.news/news/florida-launches-first-evtol-vertiport-for-lilium

https://hackaday.com/2021/03/01/worlds-first-evtol-airport-will-land-this-november/

https://www.bizjournals.com/southflorida/news/2021/10/19/pbia-vertiport-plan.html

How do we prevent accidents/traffic in the sky?

There are multiple sensors (360D of anti-collision sensors technology used by the automotive industry) and onboard emergency protocols. The FAA will be controlling air traffic in highly populated cities with systems such as https://www.anratechnologies.com/home/smartskies-uam/https://www.youtube.com/watch?v=AQxPY4421SE&t=25s

What does Doroni’s safety analysis say about what happens if one of the rotors of its 4-rotor concept fails?

The H1 has 10 independently controlled propulsion systems, including two pushers for horizontal and eight for vertical flights. In each duct, there are two coaxial counter-rotating motors. The H1 can land using four vertical motors/propellers minimum. 

Can Doroni fit in a general two-car garage?

Yes. Doroni will fit in a garage with a minimum size of 22x22 feet and a door 16 feet in width.

Do you see governments facilitating commuting with personal eVTOL such as the Doroni H1?

We understand that personal eVTOL is already being reviewed as a personal form of transportation.

Japan’s transportation ministry plans to establish standards on performance and safety, as well as a licensing system, to allow flying cars by the end of 2023 — ahead of the Osaka World Expo in 2025. The ministry initially sees the use of eVTOLs as a method to transport goods or save lives at times of disaster; however, it could allow flying car operations in urban areas within the next 10 years.

Here are a few articles about the use of personal eVTOLs that prove that governmental agencies are already planning to use eVTOL for personal use:

https://news.youexec.com/briefs/japan-gears-up-for-sky-travel-with-small-evtol-approval?pt=-USER_BRACELET-&r=gjy84gfb5d&m=ma&sr=9eiffs10ha

https://www.weforum.org/agenda/2021/02/uk-first-airport-electric-flying-cars?utm_source=linkedin&utm_medium=social_video&utm_term=1_1&utm_content=21442_UK_pop_up_airport_flying_cars&utm_campaign=social_video_2021



Doroni Team

We’re coming out of stealth mode today!

24 days ago




The cat’s finally out of the back and we’re thrilled to announce the launch of our first fundraising campaign on StartEngine.


Off the bat, we want to express our appreciation for our supporters and early investors. We wouldn’t be where we are today without you.


That’s why we’re excited to offer YOU an additional 20% bonus shares when you invest in the next seven days.


There’s no better time to get into this space than right now. The Electric Vertical Takeoff and Landing Aircraft market is slated to reach $411 million by 2025 and $1.5 Trillion by 2040.


Thanks to our dedication to transforming intracity transportation and improving the way we work, play, and live, we’re at the forefront of this rapidly growing industry.


To date, we’ve designed, built, tested, and lifted off the ground a 643-pound, full-scale, single-seat, prototype eVTOL that may be flown by an onboard pilot or remotely controlled… and we’re just getting started.


Are you ready to join us in creating a brighter future, where people transport themselves in a faster, safer, cheaper, greener, simpler, and more efficient manner?


To participate in this round of funding, click here. Remember: Bigger bonuses go to those who act fast!


PS — if you decide to invest, let us know in the comments below. Our CEO Doron would love to thank you personally and get to know our earliest adopters.

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