The LIFT Aircraft offering is now closed and is no longer accepting investments.

LIFT Aircraft

We develop drones capable of human flight.

LIFT Aircraft

We develop drones capable of human flight.

Austin, TX
Transportation
Clean Technology
We are creating a future where anyone can fly…and the future is starting now. Personal flight has historically only been available to a privileged few with the time and money to fly traditional aircraft. At LIFT, we’ve created a “drone for people” that anyone can pilot - making the joy and utility of zero-emissions, personal, vertical flight accessible to all.

$4,811,803

raised
2,366
Investors
$189M
Valuation
$2.66
Price per Share
$532.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
0
Days Left

$4,811,803

raised
2,366
Investors
$189M
Valuation
$2.66
Price per Share
$532.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
0
Days Left
This offering ended on April 28, 2022 and is no longer accepting investments.

Reasons to Invest 

  • Leading the urban air mobility revolution.  After 4 years of development, 700+ test flights, and over $10M in funding, our electric vertical takeoff and landing (eVTOL) aircraft, HEXA, is approved to fly under FAA Part 103 - costly FAA certification is not required. In a market estimated to reach $1 trillion by 2040, HEXA is one of the first eVTOL aircraft to enter production. 


  • Massive customer demand. More than 15,000 people have joined waitlists to fly HEXA in 25 US cities. Prospective military customers have signed $15M of MOUs as part of our US Air Force Strategic Financing (STRATFI) program submission. Partners have signed pre-order non-binding LOIs for over 100 aircraft. 


  • One of the world’s first vertiport networks. LIFT has received FAA approval to launch one of the first eVTOL vertiports in the world, where anyone will be able to fly HEXA with less than an hour of training - no pilot’s license required. While others seek certification for more complex eVTOL designs, LIFT plans to launch in 28 markets by 2025, building what would be the largest global network of vertiports.    

overview


The future of transportation is vertical and accessible to all 


Lift Aircraft Inc. is in the pre-commercial stage where they are producing aircraft and conducting safety testing. Currently, the Company has not launched any flights for customers.


LIFT's Aircrafts shown in video are prototypes not yet available to the general market.


Why now? For decades, science fiction has promised us “flying cars”, and many have tried and failed to develop them. However, recent advancements in technologies developed for small drones have made it possible to design a safe, simple, and inexpensive multi-rotor drone capable of human flight.  




Why LIFT? Founded in November 2017, LIFT Aircraft leverages distributed electric propulsion (DEP) technology, autonomous “fly-by-wire” flight control systems, and our patented design for HEXA, a personal drone that anyone can fly. With LIFT, electric vertical flight is possible at 1/10th the cost of a helicopter, with zero CO2 emissions. 


LIFT's Aircrafts shown in video are prototypes not yet available to the general market.

THE PROBLEM


Ground transportation is broken, yet air transportation in urban areas remains inaccessible to most  



LIFT's Aircrafts shown in video are prototypes not yet available to the general market.


The average American spends 54 hours stuck in traffic each year  nearly 7 full working days - resulting in ~3.3 billion gallons of wasted fuel and $179 billion in lost productivity. 85% of these trips are less than 15 miles and 90% are single-occupant.  



Traditional helicopters are an airborne alternative, but they require extensive training, produce extreme levels of noise, and are incredibly expensive to buy, operate, and maintain. This makes vertical flight inaccessible to all but the wealthiest individuals and severely limits use by public agencies for emergency response. Further, commercial aviation contributes 2.4% of the world’s carbon emissions. In 2019, that was  905 million tons of CO2


We believe these trips are, instead, best served point-to-point flights in personal scale, hover-optimized eVTOL aircraft capable of taking off and landing virtually anywhere.


Concept of future landing site for LIFT HEXA on a parking garage rooftop.

the solution


Introducing HEXA: So simple to fly you don’t even need a pilot’s license 


LIFT Aircraft makes flying so simple and inexpensive that almost anyone can experience the joy, freedom, and utility of personal, vertical flight. Our first aircraft, HEXA, is an electric, vertical takeoff and landing (eVTOL) aircraft, a single-seat, hover-optimized, semi-autonomous personal aerial vehicle. 

 

2019 test flight as featured in Reuter's 


HEXA was purpose-built for aerial micro-mobility. Because the vast majority of car trips are <15 miles, we designed HEXA to be the safest possible aircraft for short range flights. We chose a hover-optimized design for enhanced levels of maneuverability, wind resilience, and redundancy. 


While some eVTOL developers have winged aircraft capable of longer range flight, we determined the incremental time savings achieved with wings are not worth the tradeoffs in safety and hover performance for short range flights. Capable of speeds up to 90 mph, HEXA can fly up to 15 miles in 10 minutes.


* Comparable, congested routes often take cars 60 minutes or more. 

*Performance testing ongoing. Part 103 operations airspeed limited to 62 mph. Public use allows for max performance. 



HEXA was designed for safety, with multiple redundancies and failsafes. 


HEXA safety features


While conventional aircraft parachutes require hundreds of feet of altitude, HEXA’s whole-aircraft ballistic parachute deploys autonomously and is effective as low as 40 feet above ground level.


 HEXA's autonomous whole-aircraft parachute system


While ultralights are not certified by the FAA, we are working closely with the US Air Force on safety and airworthiness, as well as our safety board, which includes the former Chief of Aviation Safety at NASA.



LIFT Aircraft has a fundamentally unique strategy in the emerging eVTOL industry, using the FAA’s Part 103 “Ultralight” rules to develop an aircraft that can be rented to and piloted by anyone, with no pilot’s license or FAA certification required.


Rather than selling HEXA to end-users, LIFT is developing “vertiport” locations where anyone can rent and fly HEXA in a scenic, controlled environment within geospatially mapped and geofenced flight areas. In case of emergency, LIFT mission control can remotely take over and land the aircraft.


Our end-to-end flying experience will include VR simulator training with a dedicated flight instructor.



We have begun testing the flight experience with industry experts. 


LIFT's Aircrafts shown in video are prototypes not yet available to the general market.


When flown for recreation, ultralights are limited to daytime flight over uncongested areas. However, when operated by federal, state, or local government agencies, ultralights can be flown without special limitations (Part 91 rules).


HEXA is modular by design, with the powertrain, flight control system, and ballistic parachute all located in the top rotor assembly.


Aircraft platform allows for swapping any payload and landing gear. LIFT's Aircrafts shown in video are prototypes not yet available to the general market.


The cabin and landing gear can be swapped with any payload, enabling a variety of manned and unmanned applications, including heavy lift cargo, fire response, and medical evacuation.


Public agency use of various HEXA modular configurations (digital renderings).


the market


The Urban Air Mobility (UAM) market is projected to reach $1 trillion by 2040




The emerging UAM market is predicted to be worth $104 billion in 2023 and $1 trillion by 2040. Our beach-head strategy is to first target markets that don’t require time-consuming aircraft certification or breakthroughs in battery technology for viability. These markets include experiential entertainment (projected to reach $12 billion by 2023), first response ($75 billion in 2020the company estimates), and military ($57 billion in 2020). 


Public market investors are recognizing the urban air mobility opportunity, as evidenced by recent public listings, such as Joby Aviation (JOBY), Archer (ACHR), EHang (EH), and Lilium (LILM). These companies are also developing eVTOL aircraft and related services, and despite being in the early stages of commercialization, all have greater than $1B market capitalizations.

our traction


In production with strong commercial demand and significant funding from the US Air Force


LIFT has completed initial unmanned and manned testing (700+ test flights) and started production of HEXA with 3 full-scale prototypes and 5 production aircraft to date.  


Assembled in the US under partnership with Qarbon Aerospace (an AS9100 and ISO 9001:2015 certified Tier-1 aerospace supplier that manufactures components for the V-22, F-35, and Boeing 767), we are ramping to produce 35 aircraft by the end of 2022. 



We’ve won $2.75M across 4 Air Force R&D contracts and prospective military customers have signed $15M of MOUs as part of our US Air Force Strategic Financing (STRATFI) program submission. If selected, our STRATFI contract award will provide $30M in non-dilutive government funding, matching up to $30M in private investment dollars 1:1.  


(Clockwise from upper left) Cargo R&D concept (digital model), then-Secretary and current Chief of Staff of the Air Force  with HEXA, Air Force C-130 transport of HEXA, MedEvac R&D concept (digital model)  


We’ve also received initial airworthiness approval from the Department of Defense and have been awarded a contract for in-kind support with leading experts in testing, certification, and safety at the Air Force Research Lab. 


LIFT CEO, Matt Chasen showing HEXA to US Air Force Chief of Staff, Charles Q. Brown Jr. Camp Mabry in Austin, TX.


Thousands on waitlists for nationwide tour.


We’ve announced plans to launch a nationwide tour when our beta test flights are complete, taking HEXA to various sites across the country for people to fly. With more than 15,000 people on waitlists and over 4,000 prepaid reservations, we’ve seen enormous interest in our upcoming tour.


Jeff Bezos onboard HEXA, alongside LIFT CEO, Matt Chasen. Jeff Bezos has no affiliation with LIFT Aircraft.

WHY INVEST


Profitable and defensible business model with minimal regulatory barriers 


HEXA is approved to fly in the US under FAR Part 103, which allows us to launch pay-per-flight operations for daytime, fair weather (Visual Flight Rules), recreational flying over non-congested areas in uncontrolled airspace by anyone, with no pilot’s license required. HEXA can also be flown by public agencies today for military, public safety, firefighting, and emergency medical response without any limitations.


By leveraging this unique regulatory niche, we’re able to start flying now. We’ll be first to market with our nationwide tour and the first eVTOL vertiport in the US. 


Architectural rendering of LIFT’s first vertiport.


We have secured the site for and begun developing our first LIFT location overlooking Lake Travis in Austin, TX. At our vertiports, we plan to offer introductory flights at a $249 price point per 8-15 minute flight and also offer memberships for pilots who want to fly more frequently, bringing the price down to as low as $49 per flight. Each aircraft in our fleet is expected to generate up to $1.3M per year in revenue.




Over the next 5 years, we plan to open 28 LIFT vertiport locations in 5 or more US metros. We will begin with flights over uncongested areas, starting with one location and expanding to enable point-to-point flights. 


Within 5 to 7 years, we plan to introduce a certified aircraft that will enable flights over congested areas, allowing us to expand our network to enable intra-urban transport. Our long-term goal is to enable private ownership of aircraft, allowing individuals to fly door-to-door, from their home to their destination.



Within the same timeframe, we aim to provide our defense, EMS, fire, and law enforcement customers with the means to advance their missions and more quickly respond to emergency situations.


We believe that LIFT Aircraft has the right strategy, technology, and team to lead in the emerging urban air mobility market. Now you can invest in the company that’s making the joy and utility of personal, vertical flight accessible to everyone - exclusively through StartEngine.   




In the Press

The Washington Post

This startup's new passenger drone is 'like a flight simulator that you can ride in,' CEO says

New Atlas

The HEXA manned multirotor: It's real, and you can fly it

TechCrunch

LIFT Aircraft's HEXA may be your first multirotor drone ride

VICE

A New Startup Thinks Huge Drones That Fly Humans Can Solve America's Traffic Problem

Defense News

US Air Force proves it can transport a 'flying car' on a C-130. Now for the fun part.

US Air Force

Air Force Top Leaders Witness First Agility Prime "Flying Car" Demo

Business Insider

This company is selling $500,000 flying vehicles that look like giant drones and can be flown without a pilot's license

Today

Air Taxis Could be the Future of Commuting

CNBC

AR, VR & Drones among hottest tech trends at SXSW

Offering Summary


Company

:

LIFT Aircraft Inc.

Corporate Address

:

3402 Mount Bonnell Road, Austin, TX 78731

Offering Minimum

:

$9,998.94

Offering Maximum

:

$4,999,975.40

Minimum Investment Amount

(per investor)

:

$532.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

3,759

Maximum Number of Shares Offered

:

1,879,690

Price per Share

:

$2.66

Pre-Money Valuation

:

$188,821,430.00











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

Perk Structure:

Early Bird 

Friends and Family - First 48 hours | 15% bonus shares 

Super Early Bird - Next 72 hours | 10% bonus

Early Bird Bonus - Next 7 days | 5% bonus shares

Volume

Notes (under “Rewards,” above all reward tiers): 

Current flight holders investing at a level that qualifies for free flights will be automatically refunded the cost of their flight 30 days after investing. 

Reward flights are transferable as gifts. 

$500+ Investment: Limited edition LIFT Aircraft hat.

$1,000+ Investment: Priority spot on flight waitlist, $100 (40%) discount on one $249 flight, plus a limited edition LIFT Aircraft hat.

$2,500+ Investment: Free flight at a tour location of your choice or permanent Vertiport location ($249 value), plus a limited edition LIFT Aircraft hat. 

$5,000+ Investment: 2 free flights at a tour location of your choice or permanent Vertiport location ($498 value), plus a limited edition LIFT Aircraft hat.

$10,000+ Investment: 5% bonus shares, 4 free flights at a tour location of your choice or permanent Vertiport location ($996 value), 2 invitations to a VIP tour event, plus a limited edition LIFT Aircraft hat.

$25,000+ Investment: 10% bonus shares, 10 free flights at a tour location of your choice or permanent Vertiport location ($2490 value), 4 invitations to a VIP tour event, plus a limited edition LIFT Aircraft hat. 

$50,000+ Investment: 15% bonus shares, 10 free flights at a tour location of your choice or permanent LIFT Vertiport location ($2490 value), 4 invitations to a VIP tour event, plus a LIFT Aircraft hat.

*All perks occur when the offering is completed.

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.

Disclosure

Balazs Kerulo, the Company’s Chief Engineer has invested $3,000 in the Company’s current Reg CF offering.

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: Vendor payments. Salary payments made to one’s self, a friend or relative. Any expense labeled “Travel and Entertainment”.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$5,632,746.00 USD
$2,191,890.00 USD
Cash And Cash Equivalents
$1,829,642.00 USD
$1,318,388.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$7,175,396.00 USD
$3,725,739.00 USD
Revenues And Sales
$1,409,752.00 USD
$99,900.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$514,072.00 USD
-$1,730,793.00 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

There's Still Time to Join the Waitlist!

4 months ago

A Message from Matt Chasen, LIFT Founder and CEO

Hello,

We’re in the final hours of our RegCF offering and while we've reached our $5M cap, there is still time to join the waitlist. 

As this offering comes to a close, I want to thank you. In one way or another, you have supported LIFT Aircraft - as an investor, a follower, or a customer - and I’m grateful.

Less than 5 years ago, LIFT Aircraft was an idea - a vision. As a pilot, I’ve known the joy of flight and wanted to share that with as many people as possible. When LIFT publicly launched in 2018, the enthusiastic response confirmed what I suspected. People want to fly! We’re getting ready to launch our now sold-out 25-city tour, and many of you shared our vision for making flight accessible to everyone and secured your reservation for a flight. And you’re finally going to get your chance to take HEXA for a spin! 

The response to the opportunity to invest in LIFT has bolstered my belief that people want to invest in start-ups; to find something they believe in and be part of it, not watch from the sidelines. To be part of the future - of innovation. Anderson Cooper recently said of our aircraft that it allows people to “fly the future, now.” From the design of our aircraft to our approach to fundraising, LIFT is removing obstacles and inviting everyone to participate. 

We’ve now raised over $16M, including $5M from 2,300+ Start Engine investors - and that funding is helping us bring our shared vision for safe and accessible personal flight into reality. We hope you'll join the waitlist to be the first to know about any future offerings and visit our website to subscribe and receive our updates. We can’t wait to fly with you - soon!

Onward and upward!


Matt Chasen

Founder and CEO, LIFT Aircraft

Opportunity Ends Tomorrow!

4 months ago

Don’t miss your chance to invest in the aircraft Anderson Cooper said was “really cool” and “felt safe.” 

Invest today - before the opportunity sells out!



Over 90% Sold Out and Less Than 2 Days Remain!

4 months ago

Don’t wait until the last day to invest and risk the offering selling out early!

Top reasons to invest: 

  • More than $16M in funding raised to date, including $4.4M from more than 2,000 StartEngine investors

  • Sold out 25-city US tour

  • More than 4,000 pre-paid flight reservations, with 15,000+ on the waitlist!

  • Aircraft already in production, no FAA certification or pilots license required

  • FAA approval for first vertiport location in Austin, Texas

  • Manned public flight demonstration at SXSW 2022

  • Phase 3 US Air Force contract underway at Eglin AFB

  • Anderson Cooper piloted HEXA on 60 Minutes!

This campaign ends in just 2 days on April 27, unless it sells out sooner! Don’t miss out on this opportunity to invest in the future of personal flight!!

Final Countdown - 4 Days Left!

4 months ago

Just 4 days left to invest in the future of flight! 

We're in the final stretch of our RegCF Offering, and we are blown away by the response! As you enjoy your weekend, consider making your investment in LIFT Aircraft before the opportunity sells out. LIFT has maintained the "Most Momentum" among StartEngine's campaigns and we're on track to hit our $5M cap before the end of the campaign in just 4 days! 


Where Can I See HEXA Fly?

4 months ago


“Where can I see HEXA fly?” 

It’s a question we’re asked a lot, and we couldn’t be more excited to announce that we’ll be flying HEXA in the 2022 Oshkosh air show - considered to be one of the world’s greatest aviation celebrations!

EAA AirVenture Oshkosh 2022 (July 25-31) will highlight the 75th anniversary of the US Air Force. We celebrate our partnership with the USAF and when HEXA isn’t in flight, you’ll find Team LIFT in the US Air Force/AFWERX booth. Stop by and jump into our virtual reality flight simulator to get a feel for what it’s like to take HEXA for a spin. A few lucky reservation-holders may even have an opportunity to fly that week…stay tuned for more on that!

See you at the air show!

CLOSING SOON! Just 6 days left to invest in the future of flight!

4 months ago

Almost 2,000 people have invested over $4,000,000 - breaking a StartEngine record in the process. 

In the past week, we began flight testing at Eglin Air Force Base as we advance our partnership with the USAF under a Phase 3 contract, Anderson Cooper flew HEXA on 60 Minutes, and over $500k has been invested in the past few days alone.

With a regulatory cap of $5M, there is less than $1M left available, putting the campaign on pace to sell out before its closing date 6 days from now. Don't miss this opportunity to invest in the future of flight!


HEXA stands ready for its first flight at Eglin Air Force Base (US Air Force photo / Samuel King Jr.)

$4M Raised - Only 7 Days Remain!

4 months ago

Only 7 days remain and we’re on pace to sell out early

We’ve raised over $450k in the past few days and there’s less than $1M still available. Don’t miss out on this opportunity to invest and join LIFT’s mission to make the joy and utility of flight accessible to everyone!

“That is cool. I can’t stop laughing… That is awesome, that is so much fun. Wow.” - Anderson Cooper

4 months ago

“I felt safe,” remarked Anderson Cooper after flying HEXA. “Just lifting off the ground… 

you can’t help but laugh - it’s just a really cool feeling.”

In this clip from 60 Minutes, hear more about Anderson’s reaction to getting a “taste of the future, now” after his historic flight in our aircraft.  


If you missed the full 60 Minutes segment featuring LIFT Aircraft last night, you can watch it here. We think it’s one of the best pieces that’s been done on the eVTOL industry. 

As FAA administrator Billy Nolen remarked in last night’s program, “Clearly we are seeing the emergence of something that’s fantastic… This is real. And this is happening.”

Only 9 days remain to invest in LIFT’s RegCF campaignInvest in the future, today.

LIFT to be Featured on 60 Minutes Tonight!

4 months ago

Be sure to tune in to 60 Minutes this evening as Anderson Cooper reports on "the flying vehicles that may soon have people soaring over bumper-to-bumper traffic." Featuring our aircraft, HEXA. You won't want to miss this! 

Anderson Cooper & the 60 Minutes team with LIFT CEO, Matt Chasen, at LIFT Aircraft headquarters in Austin, TX.

Notice of Funds Disbursement

4 months ago

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

Hello!

As you might know, LIFT Aircraft 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 LIFT Aircraft 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

Tick... Tick... Tick... LIFT Featured on 60 Minutes This Sunday!

4 months ago

Anderson Cooper and a team from 60 Minutes recently visited LIFT Aircraft headquarters in Austin, TX to report on the burgeoning eVTOL aircraft industry, and specifically on our aircraft, HEXA. Be sure to tune in this Sunday, April 17 for the whole story.



There are less than two weeks left to invest in LIFT Aircraft. The RegCF is over 70% sold with only $1.5M remaining, and may sell out prior to the closing date. Invest today!


HEXA in Flight at Eglin AFB

4 months ago

Eglin Air Force Base shared a little #MondayMotivation yesterday - featuring HEXA! Just 15 days remain in LIFT Aircraft's StartEngine campaign. Will this be your motivation to invest?

HEXA's first unmanned flight was in 2018, but this was our first flight as part of a Phase 3 SBIR US Air Force contract. 

Like and share the Tweet here

 

LIFT Aircraft Advances with the USAF

4 months ago

The honor and privilege of working alongside the US Air Force continues. With our aircraft and team in place at Eglin AFB and test flights underway, we're excited to announce a newly awarded USAF contract. The Phase 3 SBIR contract will accelerate and further develop our aircraft for military, public, and commercial applications.

Read more about the Phase 3 contract in this article from eVTOL News: https://evtol.com/news/lift-aircraft-continues-evtol-flight-tests-us-air-force/

March 14, 2022 - HEXA in flight with the picturesque Pennybacker bridge in the background during SXSW in Austin, TX.

$3.5M Raised and Only 20 Days Left to Invest!

4 months ago

LIFT Aircraft reached $3.5M! 

Just 20 days remain to invest in one of StartEngine's most popular opportunities! 

People are Talking About LIFT Aircraft

4 months ago

These are just a few of the recent social media mentions from people like you, who share our vision for the future of aviation and are excited about LIFT! There are less than 30 days to invest in the company people are talking about. We're creating a future where anyone can fly. Will you join us?

DoD Recognizes Benefits of LIFT Aircraft's HEXA

5 months ago

Our partnership with the United States Air Force is a profound honor and privilege. The work we're doing together, through the Agility Prime program, is furthering our flight testing and development of use cases, as recognized here by the United States Department of Defense.

"Meet HEXA, an electric vertical takeoff and landing aircraft that’s being developed within the United States Air Force’s Agility Prime program. The ultralight aircraft can fly into areas with a very small footprint to benefit warfighters who might need help in areas where other manned aircraft can’t go." - United States Department of Defense, via LinkedIn 

Big things are happening now and in the future at LIFT Aircraft. Invest today in the future of flight - just 30 days before this investment offering closes!


LIFT Takes Delivery of First Aircraft Produced by Qarbon Aerospace

5 months ago

After announcing the selection of Qarbon Aerospace to manufacture LIFT Aircraft's HEXA earlier this year, the first aircraft produced by the Tier 1 Aerospace manufacturer has been delivered. 

Read more at Yahoo! Finance: https://finance.yahoo.com/news/qarbon-aerospace-ships-first-completed-090000267.html

LIFT Aircraft's eVTOL aircraft, HEXA at the Qarbon Aerospace facility in Red Oak, TX.


LIFT Aircraft and Qarbon teams stand in front of two HEXA aircraft produced at the Qarbon Aerospace facility in Red Oak, TX. 

LIFT Aircraft, SparkCognition, and SkyGrid “link to deliver blockchain UTM for autonomous vehicles.”

5 months ago

When LIFT Aircraft launches customer flights this year, they will be restricted to uncontrolled airspace per FAR Part 103. As we expand our flight envelope and advance research and development of use cases like emergency response, cargo-lift, public transportation, and Department of Defense missions, airspace management becomes a key safety priority - not just for LIFT, but across the burgeoning eVTOL industry.  As part of a US Air Force contract, LIFT is partnering with SparkCognition Government Systems and SkyGrid to apply AI and blockchain technology to do just that. 


Read more about this exciting partnership in this recently published announcement: https://www.urbanairmobilitynews.com/utm/sparkcognition-skygrid-and-lift-aircraft-link-to-deliver-blockchain-utm-for-autonomous-vehicles/

Success at SXSW 2022!

5 months ago

True to form, SXSW was a great time and we had a blast participating. Some StartEngine investors even stopped by - so great to meet some of you in person! We had beautiful weather and the scenic backdrop was stunning. The response from the crowds has us all really pumped up for customer flights. It's going to be epic! Check out this video posted by one of our spectators. 



Come See Us in Austin!

5 months ago

LIFT Aircraft launched at SXSW in 2019 with a static display of our aircraft, HEXA. In a full-circle moment, this year we'll fly! If you'll be in Austin, come see us!

Register for the free event here: https://www.eventbrite.com/e/machines-mimosas-center-for-autonomous-robotics-launch-tickets-258132981697

Exciting Financial News From LIFT Aircraft!

5 months ago

Before the StartEngine Reg CF offering, we had funded LIFT Aircraft with convertible loans from venture capital firms and angel investors. The convertible loans appeared as long-term debt on our balance sheet. 

We have now closed on over $3M of Reg CF investor funds. This marks a significant milestone for LIFT, as the Reg CF now counts as a Qualified Financing, triggering the conversion of our existing convertible loans into common stock. 

Those convertible loans and the accrued interest have now been converted into common shares, putting the VCs, Reg CF investors, and LIFT employees on the same footing in the capital structure and eliminating all of our long-term debt! 

We wholeheartedly thank all of our investors for helping LIFT build a stronger financial foundation as we work to bring the joy and utility of personal, vertical flight to everyone.


LIFT Aircraft and AFWERX Agility Prime - Hear from our CEO!

5 months ago

Hear  from LIFT Aircraft's CEO, Matt Chasen, about the benefits of working with the AFWERX Agility Prime program - a US Air Force initiative dedicated to accelerating the development of electric, vertical takeoff and landing (eVTOL) aircraft, like our aircraft, HEXA. 

Manned Motor Out Flight Test

6 months ago

At LIFT Aircraft, safety is our top priority. Among the many safety features of our aircraft, each of the 18 rotors operates independently. HEXA can lose up to 6 rotors and still maintain flight. We test that safety feature in this recent flight test - what we believe to be the world's first manned motor out flight test in an eVTOL (electric vertical takeoff and landing) aircraft. Don't try this with your helicopter!

More at www.liftaircraft.com/safety

Notice of Funds Disbursement

6 months ago

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

Hello!

As you might know, LIFT Aircraft 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 LIFT Aircraft 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

You Asked - We Answered

6 months ago



Employee Training Flights

6 months ago

In preparation for the upcoming launch of customer flights, the Flight Ops team has begun employee training flights. Of course, we all grabbed our phones, and like proud parents we just had to share! Here’s a peek - including the first non-pilot flights and the first female to fly HEXA!







$3M Milestone!

6 months ago

With more than 1300 new investors, we've hit another milestone - $3M and Most Popular on StartEngine! 2022 is shaping up to be a year with many big milestones for LIFT Aircraft, and we're excited that so many of you share our vision!



Notice of Funds Disbursement

6 months ago

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

Hello!

As you might know, LIFT Aircraft 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 LIFT Aircraft 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

Hybridization Collaboration - LIFT Aircraft & Parallel Flight Technologies

7 months ago
We're excited to announce a collaboration with Parallel Flight Technologies to develop a hybridization solution for our aircraft. Parallel Flight’s core Parallel Hybrid technology has the potential to extend HEXA’s flight time from 15 minutes to well over an hour and drastically increase range. Read the full press release here


LIFT founder and CEO, Matt Chasen, will join Joshua Resnick, CEO of Parallel Flight Technologies, for a webinar and Q&A to share more about their cutting-edge tech startups, the future of hybridization, and answer questions at this exclusive event!

Register for the webinar here




A Multicopter for the Rest of Us? Part 103 eVTOL Hexa Is Preparing for a U.S. Tour

7 months ago

This week, Dan Johnson reviewed LIFT Aircraft. In addition to asking and answering a lot of great questions, Dan dives into safety, FAA regulations, business strategy, design, and more.  Read the article here: https://bydanjohnson.com/a-multicopter-for-the-rest-of-us-part-103-evtol-hexa-is-preparing-for-a-u-s-tour/

DAN JOHNSON has been called “the leading reviewer of light-sport aircraft.” He has evaluated nearly 400 aircraft in several aviation magazines and online. A 5,500-hour Commercial, Instrument, Multi-Engine Pilot and former Certified Flight Instructor, Dan’s focus today is on Light-Sport Aircraft, light kit aircraft, and ultralight aircraft.


Happy New Year from LIFT Aircraft!

8 months ago

We hope you and yours have had a wonderful holiday season. As we wrap up 2021, we're reflecting and celebrating some big milestones - including our partnership with StartEngine. Thanks for making us one of StartEngine's 'Most Popular' campaigns! It's been a big year at LIFT, and there's plenty more to come in 2022! Check out our "Year in Review" here.

Welcome Investors!

8 months ago

At LIFT Aircraft, we don’t think aviation should only be accessible to the wealthy... and we don’t think venture capital investing should be, either. We couldn't be more excited to welcome more than 1,000 new investors through our Reg CF crowdfunding opportunity with StartEngine! Onward and upward together in 2022!

Notice of Funds Disbursement

8 months ago

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

Hello!

As you might know, LIFT Aircraft 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 LIFT Aircraft 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

Why is the DoD good for Small Business?

8 months ago


When Matt Chasen founded LIFT Aircraft, Department of Defense contracts weren’t even a consideration. As he learned about the US Air Force’s storefront military technology development program, AFWERX, he realized the commercial benefit to small business - specifically technology startups - of collaborating through USAF contracts. Hear about the DoD’s new approach to innovation and dual-use technology directly from LIFT Aircraft’s Founder and CEO in this recently published article in Defense News.


LIFT Aircraft CEO, Matt Chasen, piloting HEXA in a demonstration for Secretary of the Air Force Barbara Barrett, Air Force Chief of Staff Gen. Charles Q. Brown Jr., and Chief Master Sgt. of the Air Force JoAnne S. Bass at Camp Mabry in Austin, TX. (Air National Guard photo by Staff Sgt. Sean Kornegay / August 2020)

Why Crowdfunding? Insight from Our CEO.

8 months ago

Thanks to many of you, we recently reached and passed the $2M milestone in our Regulation CF offering. It's been especially great to hear from reservation-holders who will soon fly as shareholders!

As we launched the campaign, we've received some questions about crowdfunding and why we chose this type of offering. 

In a new blog post, LIFT Founder and CEO, Matt Chasen, shares about the JOBS Act of 2012, how it democratizes investing, and the excitement he has about what it means not just for LIFT, but for the future of startup investing.

Signing of the JOBS Act in the White House Rose Garden, 2012


Meet the Founder and CEO of LIFT Aircraft

8 months ago

Recently, LIFT Aircraft Founder and CEO, Matt Chasen, was featured in TEXAS CEO Magazine. He not only talks about his long career as an entrepreneur but also shares his passion for putting "the awe and joy of personal flight at every person's fingertips."

Emergency Responders Get an Up-Close Look at HEXA!

9 months ago

LIFT had the pleasure of hosting leaders in the field of emergency response from across Texas and US agencies. Next, we’ll engage in roundtable discussions and continue our research and development of HEXA for First Response use cases. We're eager to see our home state of Texas lead in the deployment of AAM in the public sector. Learn more at www.LIFTAircraft.com/FirstResponse.


Notice of Funds Disbursement

9 months ago

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

Hello!

As you might know, LIFT Aircraft 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 LIFT Aircraft 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 Historic Day for Flight!

9 months ago


HEXA proudly flew at the 2021 Ohio Advanced Air Mobility Showcase yesterday. This was a historic day for flight, and we loved being part of it!


Onward and Upward!

$1M in One Week!

9 months ago

After reaching $500k in record time, we’re thrilled to have reached $1M in just one week.  Our momentum has been incredible, and we’re just getting started!

Thank you to all who have invested so far. There are less than 24 hours to earn a special bonus. Share this opportunity with your friends and family before the limited time perks expire! 

"Electric Aircraft Are Going to Be the Future of Flying"

9 months ago


"We truly are on the cusp of an Aviation Revolution." - Matt Chasen, Founder & CEO of LIFT Aircraft

Click on the video we just added to our campaign page to hear more from our CEO, Matt Chasen. We think you'll be inspired by our aircraft, HEXA, and the possibilities for changing - and saving - lives!

Welcome!

9 months ago

Welcome!

At LIFT Aircraft, we don't think aviation should only be accessible to the wealthy... and we don't think venture capital investing should be either.  We've already raised over $12M from VCs, accredited angel investors, and government grants, and now we've partnered with StartEngine to allow anyone to invest in LIFT.

We’ve had an overwhelming response to the launch of our campaign. In fact, LIFT reached $500k in less than 24 hours!

Many of you supported the vision of LIFT Aircraft early on by securing paid flight reservations, and we can’t wait for you to fly HEXA! Others are new to the LIFT team, and we’re so excited you’re here. 

People who share this vision - people like you - inspire us to make it happen. We’re eager to hear from you. What excites you about LIFT? What drove you to invest? Drop us a comment so we can get to know you!

Throughout the campaign, we’ll provide updates about what’s happening at LIFT. Check in for webinars, interviews, and flight videos. 

We’re so glad to have you with us for the ride (flight)! 

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