ZEVA AERO

Zero-Emissions Vertical Aircraft

ZEVA AERO

Zero-Emissions Vertical Aircraft

Tacoma, WA
Technology
We design and build electric aircraft for true point to point travel. Our larger mission is to fundamentally transform the way people get around by providing sustainable air vehicles for daily personal use - giving everyone the freedom to fly everyday.

$113,941

raised
144
Investors
$56.1M
Valuation
$4.00
Price per Share
$200.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$113,941

raised
144
Investors
$56.1M
Valuation
$4.00
Price per Share
$200.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into ZEVA AERO:

$200+
Investment
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.
$5,000+
Investment
Tier 1
Invest $5,000 and receive 5% bonus shares.
$10,000+
Investment
Tier 2
Invest $10,000 and receive 10% bonus shares.
$20,000+
Investment
Tier 3
Invest $20,000 and receive 20% bonus shares.

Reasons to Invest

We believe eVTOL vehicles will lead to the largest market opportunity of our lifetimes.
ZERO plans on being the fastest way to safely get anywhere within a 50 mile radius by traveling over 160 miles per hour.
Our first goal is to sell 500 vehicles by 2025 into the first responder and defense markets, which has the potential to provide a total revenue of $125 million dollars.

Overview


Zero-Emission, Electric, Vertical Aircraft

ZEVA is bringing personal air transportation to everyone - with an affordable, electric vertical take-off and landing (eVTOL) aircraft called the ZERO. ZEVA is currently flight-testing a full-scale prototype.


We believe this will be the fastest way to get anywhere within a 50-mile radius, by traveling over 160 miles per hour.

*The above is a rendering of a future product. Images are computer-generated demo versions. Product is still currently under development.


Initially, ZEVA will sell vehicles to emergency-services first-responder markets, where getting a medic on scene faster can mean the difference between life and death. 


And we don't stop there. We are working on making Zero fully autonomous so anyone can safely fly - even without a pilot's license.

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*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.

The Problem


As Cities Grow, So Does Traffic 

In 2020, 55% of people lived in cities, but by 2050 this will grow to 68% with over 6.3B people living in metro areas (source). 


With the world population increasing in metro areas surface transportation and infrastructure becomes more and more challenging.  

(Source)


ZEVA addresses this by opening up the third dimension for short-range travel - air vehicles that can take-off and land anywhere and cruise at a high speed.

The Solution


Zeva Aero Designs and Builds Personal Air Vehicles

ZEVA’s solution is a personal air vehicle designed to move humans at high speed from point-A to point-B. As the crow flies. 


This is made possible by our patent-pending aircraft configuration. When our vehicles cruise through the air at the right attitude - the wing-body creates lift. 


This quality gives us differentiating performance in speed, range, and simplicity. All in a compact, elegant form.

*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.

The Market


Skyrocketing Opportunity 

We firmly believe that eVTOL vehicles will lead to the largest market opportunity of our lifetimes. This is a nascent market and a paradigm shift.

There is little historical market information for these types of vehicles, yet the analysts have predicted incredible growth:


  1. Frost & Sullivan - 430,000 urban air taxis in operation by 2040 (source).

  2. Morgan Stanley - The market for flying cars, now known as electric air taxis, should continue to mature during this decade, soaring to $1.5 trillion globally by 2040 (source).

  1. Market Research Future - eVTOL Aircraft Market to Expand at 30.30% CAGR to Attain Valuation of USD 4,063.3 Million by 2030 (source).

Our Traction


Making Headway

ZEVA has completed a full scale working prototype and is currently performing flight tests, which puts us ahead of most of the entities in the eVTOL space. 


We designed and built this craft in-house -  from custom battery packs, to the beautiful carbon fiber body. 

And we’ve already developed relationships with manufacturing partners. Firefighters, medics, security, prime contractors, and special operations personnel alike have some major interest in our product.

*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.

What We Do


We Create Point-to-Point Travel

Here are our key highlights:


  • Zero emissions – green transportation
  • Inexpensive to produce
  • Blended wing-body provides lift while being compact and lowers aerodynamic drag
  • Pure simplicity - no complicated tilting mechanisms
  • The entire vehicle transitions from hover to cruise mode
  •  Pending patent claims for our vehicle configuration, SkyDockTM eVTOL docking system, and projectable warning light landing zone system.

*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.

The Business Model


ZEVA Will Soon Sell Autonomous Flight Tech

We anticipate emergency first responder and DoD-oriented vehicles will sell for $250,000 with a cost of goods sold around $120,000


Our goal is to sell 500 vehicles by 2025 into these markets - providing a total revenue of $125 million dollars. 

*The above is a rendering of a future product. Images are computer-generated demo versions. Product is still currently under development. The COGS and Gross Profit figures mentioned above are based on future projections.

Then it gets really exciting. We are well on our way to full autonomous flight technology.


We will drive down the cost of the vehicles through economies of scale in order to penetrate the consumer market.

How We Are Different


Better, Faster, Stronger

We definitely stand out among our competitors. We are:


  1. Faster (160 mph)

  2. Longer range (50 miles on a charge)

  3. Compact design (8.5ft x 8.5ft x 8.5ft, fits in a parking space)

*The above is a rendering of a future product. Images are computer-generated demo versions. Product is still currently under development. *The above information is based on internal research and management's experience.

This was achieved through our blended wing-body design and octocopter layout. This patent-pending configuration provides wing-borne lift during cruise and yet is compact enough to fit into a standard car parking space. 


We believe the elegance and simplicity of the design will make the ZERO less expensive to manufacture, thus providing an attractive selling price.

The Vision


ZEVA in Every Garage by 2040

In 3 years, we believe ZEVA will dominate the single person eVTOL sales into the emergency services and defense markets.


And in the 5th year, we will plan to pivot to the consumer space. 


By 2040, we hope to put a ZEVA in every garage or hangar. 

OUR LEADERSHIP


A Tenacious Team of Innovators

The founding members of ZEVA are a multi-disciplinary team of engineers, designers, artificial intelligence researchers, composite specialists, aerodynamicists, technicians, pilots, and industrial designers. 


Our leadership has decades of experience leading teams of engineers and managing multi-million dollar R&D budgets to develop and mass-produce electronics at both start-ups and multinational corporations. 


We recently moved into our 14,000 sq ft Flight Test Facility-2 to continue indoor tethered flight testing. We brought with us all the assets and equipment from  our 5,000 sq ft prototyping lab including:


  • 3D Printers (capable of printing carbon fiber composites)
  • CNC Machines
  • Electrical and Electronics Lab Equipment
  • Computing and Network Resources
  • A Full Wood Shop and Metal Shop

all of which has allowed us to rapidly iterate solutions as we test and perfect our full-scale prototype.

We believe we will succeed because:


  • We solve never-before-seen problems.

  • We have developed and are developing a network of vendors and suppliers to lay the groundwork for mass production. 

  • We are fully focused on ZEVA and failure is not an option.

Why Invest


Soaring into the Future of Transportation 

We are here to fundamentally change the way people get around. Through our experienced team, our ability to saturate the market, and through our innovative, patent-pending, affordable design - we believe we have what it takes to make a huge impact on the future of transportation and get our piece of a potentially $1.5 trillion industry.


We are dedicated to taking you from point A to point B. Come fly with us.

*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.

THIS WEBPAGE 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.

In the Press

TransportUP

A write-up assessing ZEVA's place in the eVTOL ecosystem.

Northwest Aerospace News

As the Crow Flies - ZEVA AERO's personal aircraft ZERO offers point-to-point transportation for humans

Offering Summary


Company

:

ZEVA, Inc.

Corporate Address

:

1128 St Paul Ave Bay #1, Tacoma, WA 98421

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$200.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

2,500

Maximum Number of Shares Offered

:

267,500

Price per Share

:

$4.00

Pre-Money Valuation

:

$56,104,020.00











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

Company Perks*

Time-Based Perks:

Friends and Family

Invest within the first 72 hours and receive 15% bonus shares.

Super Early Bird

Invest within the first week and receive 10% bonus shares.

Early Bird Bonus

Invest within the first two weeks and receive 5% bonus shares.

Amount-Based Perks:

Tier 1: $5,000+

Invest $5,000 and receive 5% bonus shares.

Tier 2: $10,000+

Invest $10,000 and receive 10% bonus shares.

Tier 3: $20,000+

Invest $20,000 and receive 20% bonus shares.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

ZEVA, Inc., 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 $4.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $400.00. 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 investors 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 cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

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.

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.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$10,671.00 USD
$44,144.00 USD
Cash And Cash Equivalents
$5,262.00 USD
$16,983.00 USD
Accounts Receivable
$724.00 USD
$0.00 USD
Short Term Debt
$77,422.00 USD
$60,760.00 USD
Long Term Debt
$186,900.00 USD
$65,411.00 USD
Revenues And Sales
$127,239.00 USD
$205,245.00 USD
Costs Of Goods Sold
$15,190.00 USD
$33,237.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$201,337.00 USD
-$49,247.00 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

NASA, the FAA, & Autonomous Urban Air Traffic Control

14 days ago

ZEVA's own Stephen Tibbitts has been working as an advisor to the NASA Advanced Air Mobility Ecosystem Working Group for Airspace & Fleet Operations Management to provide input into the development of safe high-volume urban (and rural) flight operations.

A key driver of the success of the urban air mobility (UAM) movement will be the creation of modern air traffic management frameworks using autonomous systems to allow for aircraft like ZEVA's single-passenger eVTOL to safely fly in urban (and rural) environments with minimal human intervention. 

The FAA and NASA have worked with Deloitte Consulting to research and model what modern air traffic control might look like with the advent of eVTOL aircraft in dense urban settings. A recent study discussing some of their findings can be found here: link

Thank you again to all our investors that are helping to shape the future of air transportation with us!

-Team ZEVA

Notice of Funds Disbursement

18 days ago

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

Hello!

As you might know, ZEVA AERO 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 ZEVA AERO 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

ZEVA Passes $100K Raised on StartEngine!

21 days ago

With over 100 investors so far, ZEVA has passed $100,000 raised on StartEngine!

Thank you to everyone that has helped us reach this important milestone - and we are just getting started! 

We'd like to welcome all our new investors that share our vision of a future where sustainable personal aviation is a part of everyday life.

Keep spreading the word about our company - the more people we get involved, the faster we can reach our goals!

-Team ZEVA



ZEVA Awarded Research Grant in Partnership with WSU

25 days ago

We are pleased to announce that ZEVA Aero has been awarded a research grant from Washington State’s Joint Center for Aerospace Technology Innovation (JACTI). The funds from the grant will be used to partner with Washington State University (WSU) to study aerodynamic configurations to optimize the thrust and controls of ZEVA’s single-passenger electric vertical takeoff and landing (eVTOL) aircraft, with a further goal of using the findings to design a 2+ passenger eVTOL aircraft.

The research team is led by Professor Konstantin Matveev, PhD and Associate Professor John P. Swensen, PhD of the WSU School of Mechanical and Materials Engineering. Dr. Matveev has extensive experience creating digital models and simulations for dynamic propeller systems, and will be leading a group of graduate and undergraduate students to create a simplified digital twin of ZEVA’s aircraft propulsion system.

ZEVA will provide WSU access to our 14,000 sq. ft. Flight Test Facility to investigate the ZEVA Zero full-scale prototype to develop relevant experiment test plans, and ZEVA will ultimately conduct physical testing to validate the simulation results. ZEVA engineers will be available for consulting throughout the duration of the project.

ZEVA will use the simulations and test data to optimize the configuration of the full-scale prototype and to create flight plans to incorporate into the currently semi-autonomous control system. Upon finalization of the ZEVA Zero, ZEVA plans to begin manufacturing in Washington State.

According to the JCATI request for proposals, funding is not meant for basic research projects and is generally given to research projects at academic institutions with a high probability of transitioning the technology to industry partners within 1-2 years. WSU has earmarked the JCATI funds for student salaries, equipment, laboratory fees, and materials. 

Dr. Matveev and team have already begun preliminary research and simulations- we look forward to a successful partnership with WSU!


Sincerely,

Fred Bills, COO


StartEngine Campaign Passes $50K!

about 2 months ago

Today was our third day on the StartEngine platform and we've already raised over $50,000

We are incredibly thankful to everyone who has decided to own a piece of ZEVA and come on this journey with us. The goals we've set for ourselves are challenging, but we care deeply about what we're doing - we want to fundamentally transform the way people get around by bringing sustainable personal air transportation to everyone.  

Thank you also to everyone that has promoted our fundraise by spreading the word on social media - it makes a world of difference.

And for anyone that has not yet completed your investment, we encourage you to click on through to the end!


Sincerely,

Fred Bills, COO


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