Overview
*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
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
*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
*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.
WHY INVEST
*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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Clear Formatting
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 |
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.
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.
⚡CLAIM 50% BONUS PREFERRED SHARES FOR 3 DAYS ONLY⚡
Friends + Family Early Bird Special
Doroni H1 eVTOL
SAFE | SUSTAINABLE | EFFICIENT | COST-EFFECTIVE
Welcome, Doroni family!
The Doroni Aerospace team takes great pleasure in announcing that we’re back on StartEngine!
We wrapped up our first common stock CF raise just a few months ago, meeting our $1.07M offering max early thanks to our growing family of investors that’s over 900+ strong 🙌🏼
We’re thrilled to have you alongside us during this new crowdfunding journey and share the development progress that has significantly ramped up in the past months.
If this is your first time joining us, or you’re a current investor, we’d be remiss not to mention a fantastic, limited-time welcome back promotion with StartEngine—for the first 3 days only, we’re offering a whopping 50% Bonus Shares of Preferred Stock when you invest with Doroni Aerospace.
Plus, if you’ve invested with us before, we’re offering you a Loyalty Bonus, which unlocks an additional 5% bonus preferred shares ⚡
Transportation as we know it is broken: it’s Doroni’s mission to bring new sustainability and efficiency to our transportation ecosystems in the form of a personal electric vertical takeoff and landing vehicle (eVTOL)—THE DORONI H1— that anyone can own, fly, and park in a standard 2-car garage.
Now’s your chance to stake your claim in the transformative eVTOL tech that garnered over $6B in investments in 2021 alone according to The Vertical Flight Society.
Here’s to the kickoff of a great campaign that will help us build the safe, sustainable, efficient, and cost-effective personal mobility platform of the future with the Doroni H1 eVTOL.
Keep soaring,
Doron Merdinger
CEO/Founder
We’re down to the final 15hrs of closing this raise on StartEngine! These are the final 15hrs to stake your claim in the Doroni H1’s transformative electric vertical takeoff and landing (eVTOL) technology. If you haven’t done so already—
Keep soaring,
Doron
This is it, Doroni family!
We’re down to the final 48hrs of closing this raise on StartEngine! These are the final 2 days to stake your claim in the Doroni H1’s transformative electric vertical takeoff and landing (eVTOL) technology. If you haven’t done so already—
Keep soaring,
Doron
Congratulations, Doroni family—WE DID IT!
On behalf of the entire Doroni team, I’d like to extend my utmost gratitude and sincerest thanks to each and every one of our valued investors, supporters, friends and family. We’re absolutely thrilled by the tremendous success we’ve achieved in reaching our goal 9 full days before closing and the outpouring of support we’ve received—from phone calls, emails, and texts—has been incredibly humbling to say the least.
I’d like to thank our entire team for their tireless work over the years since beginning our journey in 2016, and today’s victory definitely a validation of our combined sacrifice and sweat. We’re well on our way to achieving our goal of democratizing flight with the H1 eVTOL platform!
For those of you who were on the fence, considered investing but missed out, or are just hearing about us for the first time—
🚩There’s still time to become on owner by joining our WAIT LIST!
This limited window will disappear for good in just 8 days! As we’ve mentioned, we’re exploring multiple, BIG investment opportunities that once signed will pave the way for Venture Capitalists to join us—with the ultimate goal of reaching a much higher company valuation. Join our wait list today!
This is just the beginning, Doroni family—be sure to keep tabs on our progress as we move closer to the H1’s commercial launch!
Keep soaring,
Doron
We’ve raised $1,068,048 to date! (Still, 9 days left)
⏰ Time is running out,
Doron
[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
We raised $165,792 in just 72 hours! We’re so close to reaching our goal of $1M, Doroni family!
By the hour, more and more investors (860+ to date!) are claiming their piece of ownership in eVTOL (electric vertical takeoff and landing) technology with Doroni—a booming industry that saw over $6B invested in 2021 alone according to the world’s leading non-profit organization working to advance vertical flight, the Vertical Flight Society.
BUT—Doroni firmly believes that eVTOLs will not exclusively belong to major commercial operations. In just a few years, ANYONE will be able to purchase and fly their own H1 eVTOL they can park and charge in their home garage, needing only a driver’s license and short course to get started.
🚨There are just 10 days left to own a piece of this revolutionary technology! A minimum $250 investment also makes you eligible for the StartEngine Owner’s 10% Bonus Shares.
Let’s keep the momentum rolling!
Keep soaring,
Doron
Greetings Doroni family,
⚡ We Raised $55K+ in the last 24 hours, hitting $800K!
Things are moving incredibly fast for us at Doroni these days and as an organization we make it a priority to stop and reflect on where the industry is headed, our place within it, and how we’re staying true to our mission.
This candid interview with Yaakov and I should offer an insightful view of why we get out of bed in the morning—ranging from how the company was born, how our solution is unique and viable, and how we are positioning ourselves to disrupt the personal eVTOL market niche.
⏰ There are only 13 days left to invest in our Reg CF offering, and a minimum investment of just $250 makes you eligible for the StartEngine Owner’s Bonus of 10% bonus shares.
These are the final weeks to stake your claim in Doroni’s transformative eVTOL technology at our current valuation. Take advantage while you can!
I hope you enjoy this week’s Production Diary, and as always—
Keep soaring!
Doron
Greetings Doroni family,
Today Doroni officially enters the final 2 weeks of our Reg CF offering here on StartEngine!
I’m excited to announce Doroni Aerospace recently signed an NDA with Amphenol Military & Aerospace Operations!
Amphenol is a world leader in the design, manufacture and supply of high quality, rugged interconnect solutions for the Military and Commercial Aerospace markets, and is at the leading edge across a broad spectrum of markets.
“Flying taxis are gonna happen. The question for me at the moment is when it’s going to happen—not if.” Benedikt Kloss, expert analyst, McKinsey & Company.
The air taxi industry is already making a splash on Wall Street, with over $6B invested in 2021 alone and several developers going public and/or attracting sizeable private investments according to Mike Hirschberg, Executive Director of the Vertical Flight Society, the world’s leading non-profit organization working to advance vertical flight.
🚨 This is it! There are only 14 days left to invest with Doroni Aerospace and claim your piece of ownership in the eVTOL market projected to reach $1 trillion by 2040 by Morgan Stanley.
Keep soaring,
Doron
Greetings Doroni family,
🚨 We’re coming down to the wire! There are only 14 days left to invest in the transformative personal eVTOL technology offered by the Doroni H1.
⚡ We Raised $55K+ in 5 Days!
“Flying taxis are gonna happen. The question for me at the moment is when it’s going to happen—not if.” Benedikt Kloss, expert analyst, McKinsey & Company.
The air taxi industry is already making a splash on Wall Street, with over $6B invested in 2021 alone and several developers going public and/or attracting sizeable private investments according to Mike Hirschberg, Executive Director of the Vertical Flight Society, the world’s leading non-profit organization working to advance vertical flight.
It’s Doroni’s firm belief that eVTOL aircraft will NOT be reserved solely for commercial air taxi use—in the near future, everyone will be able to purchase their own personal eVTOL and park it in the garage, driveway, or backyard.
🚀 Most of the world is still unaware this transformative technology is already here—and it’s being built by Doroni! Now’s your chance to become an owner!
Keep soaring,
Doron
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