INVEST IN LIFT TODAY!
Our electric, vertical takeoff and landing (eVTOL) aircraft, HEXA, has completed beginner flight envelope testing, has been qualified as compliant with FAA Part 103, and is approved to fly without a pilot’s license. We’ve already produced a fleet of 16 HEXAs and are ready to launch the world’s first eVTOL services with plans to enter up to 28 markets by 2026.
Including our oversubscribed $5M RegCF on StartEngine last year, we’ve already raised over $18M in funding in an urban air mobility market estimated to reach $1 trillion by 2040*. More than 15,000 people have already signed up to fly HEXA in our sold-out, nationwide tour, and partners have signed non-binding pre-order LOIs for over 300 aircraft - representing over $150M in potential sales.**
LIFT has received extraordinary media coverage, including TechCrunch, The Washington Post, CNBC, The Today Show, and a 60 Minutes feature with Anderson Cooper piloting HEXA.
** Letters of intent do not create an obligation on the part of the customer to purchase an aircraft. Some or all customers might not transition to non-refundable purchase contracts until prior to aircraft delivery, if at all. Aircraft customers might respond to weak economic conditions by canceling orders, resulting in lower demand for our aircraft and other materials, such as parts, or services, such as training, which the company expects to generate revenue. Such events would have a material adverse effect on LIFT’s financial results.
Flights in LIFT’s HEXA aircraft are in Beta testing and are not yet available to the general public.
THE PITCH
A Future Where Everyone Can Fly
For decades, science fiction has promised us “flying cars.” Recent technological advancements have made it possible to design a safe, simple, and inexpensive multi-rotor drone capable of human flight.
Flights in LIFT’s HEXA aircraft are in Beta testing and are not yet available to the general public.
LIFT Aircraft leverages distributed electric propulsion (DEP) technology, autonomous “fly-by-wire” flight control systems, and our patented design for HEXA, a personal drone anyone can fly for 1/10th the cost of a helicopter, with zero operating emissions.
Jeff Bezos onboard HEXA, alongside LIFT CEO, Matt Chasen. Jeff Bezos has no affiliation with LIFT Aircraft.
Flights in LIFT’s HEXA aircraft are in Beta testing and are not yet available to the general public.
THE PROBLEM & OUR SOLUTION
Ground transportation is broken
The average American spends 54 hours stuck in traffic each year. Of these trips, 85% are fewer than 15 miles and 90% are single-occupant. (Source)
Helicopters are an alternative, but are extremely loud and expensive to operate, making vertical flight inaccessible to all but the wealthy. We believe these trips are, instead, best served by point-to-point flights in personal scale, hover-optimized eVTOL aircraft capable of taking off and landing virtually anywhere.
LIFT's first aircraft, HEXA, is an electric, vertical takeoff and landing (eVTOL) aircraft; a single-seat, hover-optimized, semi-autonomous personal aerial vehicle. HEXA makes flying so simple and inexpensive that almost anyone can experience the joy, freedom, and utility of personal, vertical flight. Designed to be the safest possible aircraft for short-range flights, HEXA was purpose-built for aerial micro-mobility.
Some eVTOL developers have winged aircraft capable of longer-range flights. Instead, we chose a hover-optimized design for enhanced levels of maneuverability, wind resilience, and redundancy. We determined the incremental time savings achieved with wings are not worth the safety tradeoffs.
HEXA safety features.
With 18 electric motors, a triple-redundant flight computer and a whole-aircraft ballistic parachute, HEXA was designed for safety and is capable of speeds up to 62 mph, HEXA can fly up to 15 miles in 15 minutes.
HEXA's parachute is effective as low as 40 feet above ground level.
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.
LIFT is developing pay-per-flight "vertiport" locations where anyone can fly HEXA within geofenced, controlled flight areas. With highly automated flight controls, pilots are able to be trained in our VR simulator in under 30 minutes. Ground and flight control support is provided by our trained staff.
Concept of future landing site for LIFT HEXA on a parking garage rooftop. (digital rendering).
HEXA is modular by design. The cabin and landing gear can be swapped with any payload, enabling a variety of manned and unmanned applications, including heavy lift cargo and emergency response.
Prospective public agency use of various HEXA modular configurations (digital renderings).
Tested with the U.S. Air Force, HEXA's cargo attachment has a payload capability of 350+ pounds.
HEXA cargo attachment shown above is a prototype and is not yet available to the general market.
THE MARKET & OUR TRACTION
A projected $1 trillion market
The emerging Urban Air Mobility (UAM) market is predicted to be worth $104 billion in 2023 and $1 trillion by 2040. (Source)
LIFT will first target markets that don’t require type certification, including experiential entertainment, projected to reach $12 billion by 2023. (Source, Source, Source)
Flights in LIFT’s HEXA aircraft are in Beta testing and are not yet available to the general public.
WHY INVEST