California’s JetPack Aviation launched an equity crowdfunding campaign on Seedrs to raise £300,000 for the research and development of its JB-10 JetPack and vertical take offer and landing (VTOL) personal flight machine. The company’s founders, David Mayman and Nelson Tyler, have notably been working on the VTOL for the past 10 years and the JB-9 jetpack is described as a twin turbine powered backpack.
“A lot of us spent time in our youth fantasising about what it would be like to follow Buck Rogers up into the air with our very own jetpacks. We are getting a lot closer to launching a commercial product but there is still much further that we can take our design and ideas, so we want to give the crowdfunding community a once in a lifetime opportunity to invest in turning a dream into reality.”
Tyler and Mayman are currently receiving support from specialists with expertise ranging from turbine engine design to electrical and computer engineering. The company itself is in negotiations with the US military on how the JB-10 may be deployed in the field and the founders also have a research and development agreement in place with the U.S. Special Operations Command to develop a four-turbine jet pack that will lift twice the weight (which will be about 700 pounds).
Jeff Lynn, CEO and co-founder of Seedrs, then noted:
“Flying to work with a jetpack strapped to your back may be everyone’s favourite science fiction fantasy alongside teleportation and personal space travel, but this is a serious scientific invention that could have huge implications for the aviation sector. This funding round is a chance for everyone to get on board with further development of the JB-10 and we are so excited to welcome David Mayman and JetPack Aviation onto Seedrs.”
Funds will also be used for the following:
- A Pilot Safety System, which includes flight dynamic sensor, some form of ballistic parachut, and possible airbag system.
- Creating an Electric Trainulator for training use (will have an airframe, electric ducted fans, control systems and tether infrastructure).
- Training Simulator, which offers a full motion simulator to reduce pilot training time.
- The Design of a four engine jetpack
- Initial development and testing of auto stabilization systems
The JB-10 is set for a public launch next year. The campaign will close at the beginning of December.
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