INVEST IN BLUEFLITE INC TODAY!
Reinventing cargo logistics using drones
$293,922.31 Raised
REASONS TO INVEST
As drone systems are being increasingly adopted, the current $8.5 billion market for this technology is expected to see substantial growth with an impressive 23.23% CAGR. Amidst this already booming industry, the cargo drone delivery sector specifically is expected to approach an inflection point in the near future, according to Morgan Stanley and McKinsey & Company.**
blueflite designs and manufactures advanced drone systems and software for an integrated approach to cargo delivery. The company’s patented platform handles all aspects of logistics drone operations and provides a one-stop solution to solve logistics challenges globally.
While the drone industry has been truly establishing itself over the past few years, blueflite has been on the ground floor. The company has been live and operating for more than 4 years, has raised over $3.4 million in grants & funding, and is already revenue-generating, with an annual turnover exceeding $1 million as of October 2022.
*Shipping statistics provided by Statista (source)
**Market information provided by McKinsey & Company, Unmanned Airspace, and Morgan Stanley (source, source, source)
*Drones featured above are fully functional models currently deployed in pilot operations with customers.
New and improved models are under development.
The Problem
As Demand Rises, The Problems Compound For Today’s Logistics Companies
Every day, logistics companies continue to experience the same problems they've had for years. This is why they're looking for the companies of tomorrow to solve their problems today.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Solution
An All-in-One Aerial Logistics Solution
While many companies within the drone market are built around a singular aspect of the enterprise, blueflite offers the complete package. The company's multi-element, aerial transport platform is purpose-built to solve challenges within the logistics industry.
*Drones featured above are fully functional models currently deployed in pilot operations with customers.
New and improved models are under development.
blueflite manufactures high-capability drones, built with durability, reliability, and accessibility specifically for the logistics sector. blueflite drones are equipped with proprietary on-board software that leverages machine learning to facilitate autonomous operation, while ensuring safety, access, and control. All of these systems are fully connected and controlled by a cloud-based backend system that allows for digital integration, data analytics, drone management, and swarm learning.
*Drones featured above are fully functional models currently deployed in pilot operations with customers.
New and improved models are under development.
Drone-based delivery systems can offer a lot to improve upon traditional shipping operations – saving time & money, eliminating traffic & environmental pollution, allowing access to more remote locations, and minimizing safety concerns – yet, blueflite believes there is ample opportunity to specifically tailor drone technology to better serve the cargo delivery sector. To accomplish this, blueflite is developing and manufacturing an all-inclusive drone platform that is safer, speedier, and more cost-efficient than traditional shipping, all with a lower carbon footprint.
*Drones featured above are fully functional models currently deployed in pilot operations with customers.
New and improved models are under development.
Each blueflite drone is designed with an all-electric drive train that allows for emission-free energy sources, while also meeting all logistics application requirements for commercial and federal uses. This patented hardware features its own unique flying characteristics and is size-scalable to accommodate numerous types of use.
*Drone featured above is a fully functional model currently deployed in pilot operations with customers.
New and improved models are under development.
Behind the scenes, the platform's blueDigital software is a cloud-based interface connecting each drone to digital logistics on the ground, allowing for even more advanced functionality. This digital environment enables integration of blueflite's drone systems with other third party IT systems, thereby streamlining logistics processes, and providing advanced data analytics for operators.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
*Image featured above is a 3D model created for demonstration purposes. Final models still under development.
Blueflite is currently in the commercial stage supporting pilot operations.
Rapid delivery of medical or life-saving equipment, such as defibrillators, when speed is of essence. blueflite technology enables cost reduction associated with medical emergencies.
Whether it is quasi-instant e-commerce products or grocery items, blueflite drones can offer the speed and efficiency required to enable the convenience of last mile deliveries for the masses.
Industrial support essential to critical supply-chain operations. Reduce cost, time required and increase safety when delivering to hard-to-reach locations.
blueflite drones increase expeditionary reach and facilitate logistics in contested/complex environments.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Market
In-Market, In-Flight, & Ready to Scale
For many analysts, drone delivery appears to be inevitable. In 2022, projections indicated that drones would be responsible for 1.5M deliveries, up from just under 500,000 in 2021. Due to their small size & the low capital required, this growth in drone delivery is expected to continue in the years ahead.
*Drone featured above is a fully functional model currently deployed in pilot operations with customers.
New and improved models are under development.
(source)
Market conditions for the drone industry are incredibly favorable right now, with trend reports indicating that mainstream adoption, delivery demand, government funding, and the potential ease of regulation on a global scale, are all driving factors. As this momentum grows, competition is likely to ramp up, and the company believes blueflite is well-ahead of the curve in terms of timing and technology.
*Drone featured above is a 3D representation of a fully functional model currently deployed in pilot operations with customers.
New and improved models are under development.
Our Traction
Established and Revenue-Generating
Having been in business for nearly five years, the company has already completed critical research and development, has been granted a patent, secured millions of dollars in funding and grants, conducted successful commercial pilot operations using proprietary technology, and received multiple recognitions within the industry.
*Drones featured are prototype models. Final drone model still under development.
Blueflite is currently in the commercial stage supporting pilot operations.
We see blueflite's all-inclusive solution having mass commercial appeal, with the platform possessing potential applications by a number of other industries, including emergency response, off-shore and remote operations, last mile e-commerce, humanitarian efforts, and many more.
*Drone featured above is a fully functional model currently deployed in pilot operations with customers.
New and improved models are under development.
With additional funding to accelerate product development, fulfill existing commercial orders, and grow additional sales, blueflite will be one step closer to their goal of becoming a top original equipment manufacturer and key player in the global drone industry.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
Why Invest
An Opportunity to Soar Together
It’s a revolutionary time for the drone industry and anyone looking to be a part of it. Having developed high-performance, world-class technology, blueflite offers a multifaceted solution for the promising cargo delivery sector, as well as an opportunity for investors to fly with us.
1.) Artificial Intelligence (Ai) Market Statistics: 2030 (source)
2.) AI/ML Market for UAV, Market Size Report (source)
3.) Commercial UAV Market Report (source)
4.) Commercial Cargo UAV Market; Internal estimate when compared with additional market info (source)
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
With your support, blueflite is excited to continue developing even more innovative solutions for the future of drone-based commerce. Join one of the few cargo drone OEMs in the US by investing in blueflite today!
*Drone featured above is a fully functional model currently deployed in pilot with customers. New and improved models are under development with which blueflite will continue to support pilot operations around the world.
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ABOUT
HEADQUARTERS
7000 Kensington Road
Brighton, MI 48116
VALUATION
$22M
Did you know that there are more than 130 billion packages delivered globally, and that figure is expected to double by 2025?* The sheer volume of deliveries is causing many challenges in the logistics industry, which affect cost, time to deliver and leave an impact on the environment. blueflite is changing this by creating a future where drones enable sustainable logistics that are safer, more cost effective and make the world a better place. Through patented delivery drones, proprietary logistics software, and intelligent in-flight control algorithm, blueflite provides a unique approach for the rapidly growing logistics industry.
TEAM
Dr. Frank Noppel
Co-Founder, Director, CEO, CFO, Secretary
James McClearen
Co-Founder, Director, CTO, President
Nicholas Underwood
Head of Software Engineering
Gary Helzerman
Design Lead
Nick Molina
Prototype Lead
Jonathan Holt
Mechanical Engineer
Conor Corry
Prototype Technician
Kyriakos Vamvoudakis
Control Systems and Autonomy Advisor (part-time contractor)
Mike DeSantis
Finance (part-time contractor)
Lindsay McClearen
Administrative Manager (part-time contractor)
Mike Michielli
Business Development (part-time contractor)
As a drone sales and business development professional, Mike supports blueflite’s business development activities worldwide.
Art Hill
Marketing (part-time contractor)
Kelsey Nemeth
PR and Branding (part-time contractor)
TERMS
blueflite inc
Overview
PRICE PER SHARE
$1.98
DEADLINE
Mar 3, 2023
VALUATION
$22M
AMOUNT RAISED
$293,922.31
Breakdown
MIN INVESTMENT
$298.98
MAX INVESTMENT
$1,234,997.28
MIN NUMBER OF SHARES OFFERED
5,050
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Class B Common Stock
MAX NUMBER OF SHARES OFFERED
623,736
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | blueflite inc. |
Corporate Address | : | 7000 Kensington Road, Brighton, MI 48116 |
Offering Minimum | : | $9,999.00 |
Offering Maximum | : | $1,234,997.28 |
Minimum Investment Amount(per investor) | : | $298.98 |
Terms
Offering Type | : | Equity |
Security Name | : | Class B Common Stock |
Minimum Number of Shares Offered | : | 5,050 |
Maximum Number of Shares Offered | : | 623,736 |
Price per Share | : | $1.98 |
Pre-Money Valuation | : | $21,999,997.80 |
*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 72 hours and receive 20% bonus shares
Super Early Bird Bonus
Invest within the first week and receive 10% bonus shares
Early Bird Bonus
Invest within the first two weeks and receive an 5% bonus shares
Amount-Based:
$1,000 | 1st Tier
5% bonus shares + Blueflite Investor Group (exclusive private blueflite news, insights, and event invitations)
$2,000 | 2nd Tier
7% bonus shares + Blueflite Investor Group
$5,000 | 3rd Tier
10% bonus shares + a dedicated area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$10,000 | 4th Tier
12% bonus shares + a dedicated area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$25,000 | 5th Tier
15% bonus shares + a dedicated large area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$50,000 | 6th Tier
20% bonus shares + 30-minute video-call with CEO and/or co-founder + a dedicated large area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
Audience-Based:
10% bonus shares for previous investors, friends and family.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Blueflite 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 Class B Common Stock at $1.98/share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 shares for $198. 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 receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
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: Salary payments made to one’s self, a friend or relative.
PRESS
ALL UPDATES
01.26.23
[Last chance to signup] Ask Me Anything (AMA) event with blueflite CEO Frank Noppel
Do you have questions about investing in blueflite, the delivery drone market, or how Start Engine gives the at-home investor a chance to own a piece of our company and the future?
Join our Ask Me Anything (AMA) Event - LIVE On Facebook
Friday January 27th | 10:00 am EST
CEO Dr. Frank Noppel will be ready to answer any questions you may have.
Click the Going button to be notified when this event launches.
https://fb.me/e/2FWmYxMKy
01.23.23
Blueflite partners with Skyroads and others for 1st fully-automated AAM flight test site in Germany
Blueflite was introduced by Skyroads as partner for the fully automated Advanced Air Mobility (AAM) flight test area at Augsburg Airport in Germany. ‘We are very happy that blueflite was selected partner for this important initiative’ according to Frank Noppel, blueflite’s CEO. The initiative aims at advancing the integration of AAM into current aviation and allows blueflite’s partners and customers to jointly test their technologies before becoming operational.
The test site is meant for accumulating experience with innovative aviation technologies and will serve Skyroads and other project partners as a large-scale real-life laboratory for further industrial and academic research.
The partners also include Supernal (as the AAM division of the Korean Hyundai Group), Flix, Technische Universität München, Hybrid-Airplane Technologies GmbH, FlyNow Aviation, HORYZN, Amazilia Aerospace and MANTA Aircraft from Italy.
01.20.23
Deloitte & US Aerospace Industries Association: cargo drone market expected to triple by 2035
According to a recent study published by Deloitte and the Aerospace Industries Association, the cargo drone market is expected to triple until 2035. Additionally, the National Aeronautics and Space Administration (NASA) has stated its vision for the Advanced Air Mobility initiative is to map out a safe, accessible, and affordable new air transportation system through unmanned aircraft corridors. Once developed, cargo drones will be able to easily operate in cities and rural areas to streamline logistics for rapid package delivery, emergency response and even aide in disaster relief.
The McKinsey Technology Trends Outlook published in August of 2022 names the future of mobility as one of the most significant technology trends unfolding today. The outlook states that this shift promises to disrupt several markets as mobility is undergoing a “second great infection point” noting autonomous technology, hardware and software (AI), among the most notable technologies.
Blueflite is already poised to be a leader in this area. Its patent-approved design has already raised 4.8-million dollars in previous development phases. With several customer applications already in use, the company’s drone platform is revenue generating with customers in the USA and abroad.
01.19.23
Ask Me Anything (AMA) event with blueflite CEO Frank Noppel
Do you have questions about investing in blueflite, the delivery drone market, or how Start Engine gives the at-home investor a chance to own a piece of our company and the future?
Join our Ask Me Anything (AMA) Event - LIVE On Facebook
January 27th | 10:00 am EST
CEO Dr. Frank Noppel will be ready to answer any questions you may have.
Click the Going button to be notified when this event launches.
https://fb.me/e/2FWmYxMKy
01.18.23
blueflite CEO invited to speak at Davos 2023 WEF investor event
Help us wish Dr. Frank Noppel, CEO of blueflite good luck as he was selected to speak at Davos at the World Economic Forum's Investor Roundtable Event, co-hosted by Litestream Ventures, on the 18th of January.
01.12.23
Blueflite named one of the 2023 Top Startups to Watch by Purpose Jobs
We are proud to be named one of the 2023 Top Startups to Watch by Purpose Jobs - Midwest Startups & Tech News! Our mission is to "Deliver A Better Tomorrow" with the highest commitment to technology.
Thanks to our amazing team of Michigan engineers, we've made strides in the Global logistics industry.
Is your portfolio ready for commercial-ready delivery drones? Select your package and invest today!
See the full list of Top Tech Startups here: Top Tech Companies and startups in Ann Arbor to Watch in 2023
01.10.23
Lt. Governor of Michigan visits blueflite at CES
We were honored to have Lt. Governor of Michigan stop by the blueflite booth during CES 2023 in Las Vegas.
It was great to hear his remarks as he told the room full of innovative tech and mobility startups that Michigan has the talent, the resources, and the technology partners to help them be successful: “There are people in this room who are going to make a difference in the near future.”
As a Michigan based startup, blueflite is part of a world-class thriving mobility ecosystem of companies creating disruptive technology in mobility, automation, AI and robotics. We are excited and look forward to continuing to build world-class technology out of our new facilities in Ann Arbor.
01.06.23
Acadian and Blueflite announce partnership at CES to develop lifesaving drone solution
CES Las Vegas, Nevada – January 5th, 2023
Acadian Ambulance, one of the nation’s largest privately held medical transport companies, announced today at CES that it has selected Blueflite’s drone and digital platform to develop a first-of-its-kind, drone-based emergency response solution for lifesaving medical deliveries in the USA.
The platform is a joint development and will provide much faster delivery of medical equipment and medicines than what is possible using conventional transport.
The companies will jointly develop the technology solution for medical emergency deliveries, based on Blueflite’s advanced logistics drone platform, with R&D support from Lafayette-based survey and engineering firm, Fenstermaker. This groundbreaking partnership will provide fast emergency response by delivering critical equipment to medical emergency sites thus reducing the impact of medical emergencies.
“Using drones to deliver critical medical equipment will shorten emergency response times considerably. And when every second counts, that can save lives and reduce cost in healthcare,” said Frank Noppel, Blueflite’s CEO. “We are very excited to have been selected by Acadian and very much look forward to co-developing this platform, which will greatly benefit the lives of many.”
“We selected the Blueflite platform for its advanced technology and capability to deliver lifesaving medical supplies safely and efficiently to those in need. This is the next step in the future of medical response, and we are excited to further development in conjunction with Blueflite and Fenstermaker”, said Benjamin Swig, Director of Healthcare Innovation and Strategy at Acadian Ambulance.
“We’ve been on the cutting edge with drone technology since it was first introduced to the market,” commented Charles Fenstermaker, President of Fenstermaker. “Having been in operation for over seventy years, we have the data, technology, professional network, and regional knowledge required to conduct, in conjunction with Acadian Ambulance and Blueflite, a full-scale R&D effort to ensure the success of this venture.”
Click here to read the full Press Release: https://lnkd.in/gcmGyqZJ
01.05.23
blueflite moves to new office & production facility to meet growing demand
After 4+ years in business, we've outgrown our humble beginnings. With lots of great memories and fantastic products, we've loaded up our equipment and moved into our new office and production facility.
From here, we'll be able to scale the business to meet our clients' demand for commercial-ready delivery drones.
Time flies! Select your investment package today!
01.03.23
Meet blueflite at CES 2023 in Vegas this week!
The blueflite CEO and CTO have touched down at CES this week!
If you have questions about why the drone delivery industry is taking off, please private message us to meet up.
To check out our drones in person, stop by our CES table at:
COVESA @CES 2023
Networking Reception & Demo Showcase
January 5, 2023
Bellagio Hotel, Las Vegas, NV
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$299.00
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.
$1,000.00
$1,000 | 1st Tier
5% bonus shares + Blueflite Investor Group (exclusive private blueflite news, insights, and event invitations)
$2,000.00
$2,000 | 2nd Tier
7% bonus shares + Blueflite Investor Group
$5,000.00
$5,000 | 3rd Tier
10% bonus shares + a Dedicated area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$10,000.00
$10,000 | 4th Tier
12% bonus shares + a Dedicated area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$25,000.00
$25,000 | 5th Tier
15% bonus shares + a Dedicated large area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
$50,000.00
$50,000 | 6th Tier
20% bonus shares + 30-minute video-call with CEO and/or co-founder + a Dedicated large area on our Exhibition Drone for you to promote your brand logo or message + Blueflite Investor Group
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