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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.

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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

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

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 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

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’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

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

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.