Personal Submarine DeepFlight is Equity Crowdfunding on Crowdfunder

DeepFlight Sub off we go

DeepFlight is Raising Equity to Finance Personal Submarines, An Estimated $100 Million Market.

If you ever wanted to own part of a submarine company this is your chance.  DeepFlight, a company that has created high performance personal submarines, has launched a Series A round equity crowdfunding on crowdfunder.  Their unique product is designed to address an estimated $100 million market for personal submarines for the superyacht and tourism markets. DeepFlight reports they have already established initial sales to early adopters, including the late adventurer, Steve Fossett; venture capitalist, Tom Perkins; the founder of Red Bull, Dietrich Mateschitz; Sir Richard Branson, and others. The goal of the campaign is to raise $2.5 million to support the next evolution of the DeepFlight submarines and dominate the market for private submarine ownership, as well as access the emerging market of undersea tourism.

DeepFlight submarine pitchDeepFlight is led by Graham Hawkes who has invested the last twenty years perfecting the DeepFlight submarines through five generations of working prototypes. The Company’s flagship technology, DeepFlight Super Falcon, is a fundamentally new type of submarine whose patented winged design offers the unparalleled experience of underwater flight and the unique safety of automatic return to the surface. Over the last two years, DeepFlight has refined its product roadmap with five different craft, optimized for the various market segments. While several other companies have recognized the market potential for personal submarines, none have adapted their designs for large-scale recreational use.

DeepFlight Cockpit-1DeepFlight presently generates revenues through sales and service contracts, and currently has contracts in-house worth over $3 million. As one would expect the Company’s first sales have been to high net worth individuals (HNWI), including superyacht owners. Its near term business model is to continue to target the $10 billion global superyacht market, with the goal of equipping 1% of the superyacht fleet with DeepFlight craft by 2020 for a projected $80 million in revenues. Additionally, the Company has delivered DeepFlight craft to two resort locations and the Company anticipates continuing to expand its revenues from resort and tourism operations.  There are also opportunities in the growing peer-to-peer leisure boating industry by using platforms such as BoatBound where owners can lease out their boats (or perhaps subs). 

Venture capitalist Tom Perkins, an owner of a DeepFlight Super Falcon, said,

“I spent three years adventuring in the South Pacific with my DeepFlight craft, and the experience exceeded my wildest imagination. I believe DeepFlight is well -positioned, with a proven technology, to capitalize on the new possibilities for private exploration of our oceans, and to grow this company to its potential.”

Graham HawkesHawkes shared his thoughts on the DeepFlight submarine

“Even though we live on an ocean planet, there are few commercially available technologies that can provide an engaging underwater experience to a large number of users. From the beginning, our DeepFlight submersibles have captured the public’s imagination, and I am thrilled that we are now able to invite the public to support our initiatives to open the oceans to a larger audience. I look forward to introducing our newest product line in the coming year, and I am fully confident that our DeepFlight personal submarines will expand the market for undersea recreation.”

Watch the video below and you will want one (I do).


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