Hello everyone. There is a lot going on at JetPack Aviation and I am happy to give you an update. But first, thanks to all the investors who have given us their support as we build a new industry of personal VTOL solutions.
* New Products
We just returned from a demonstration of our technologies to the US military’s Strategic Operations Command (USSOCOM). Of course our JB10 JetPack was the proof of our engineering team’s talent, but we also previewed two new personal VTOL vehicles: The JumpJet and the SHRPA. The JumpJet is a stand-on platform most easily described as a flying Segway. And the SHRPA (Self Hauling Remote Payload Apparatus) is a fully autonomous flying cargo vehicle. Together with the JB10 JetPack and our electric BladeRunner “flying car”, these four vehicles form the foundation of our Vertical Take Off and Landing suite of products.
Our JB11, six-engine JetPack will soon be ready for testing. This very exciting new JetPack will deliver considerably more lifting power, making it ideal for rescue and delivery missions. Also, our in-house designed on-board computers will be able to instantly re-distribute turbine thrust in the event of an engine anomaly. This will greatly improve reliability and safety.
* Federal Aviation Administration (FAA)
We continue to strengthen our relations with the FAA as we work to establish a practical set of guidelines for the commercial application of personal VTOL flight. We are also working closely with FAA regulators to develop the technical standards for future personal VTOL vehicles.
* Annual Report
Investors are invited to review our most current Annual Report by going to www.JetPackAviation.com and clicking on the Annual Report link. Direct access to the report is also available here: http://bit.ly/2pFvwnZ
* Questions about your investment?
The StartEngine investment team is always available to answer any questions you may have about your Title III, CF investment. Please send all inquiries regarding past investments made via the StartEngine platform to: firstname.lastname@example.org.
* Stay up to date on the latest JPA news.
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Thanks again for your support. Together we are making personal flight a reality.
David Mayman, CEO