LIFT Aircraft

We develop drones capable of human flight.

LIFT Aircraft

We develop drones capable of human flight.

Austin, TX
Transportation
Clean Technology
We are creating a future where anyone can fly…and the future is starting now. Personal flight has historically only been available to a privileged few with the time and money to fly traditional aircraft. At LIFT, we’ve created a “drone for people” that anyone can pilot - making the joy and utility of zero-emissions, personal, vertical flight accessible to all.

$2,657,203

raised
1,218
Investors
$189M
Valuation
$2.66
Price per Share
$532.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
Reg CF
Offering

$2,657,203

raised
1,218
Investors
$189M
Valuation
$2.66
Price per Share
$532.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into LIFT Aircraft:

$500+
Investment
$500+ Investment
Limited edition LIFT Aircraft hat.
$1,000+
Investment
$1,000+ Investment
Priority spot on flight waitlist, $100 (40%) discount on one $249 flight, plus a limited edition LIFT Aircraft hat.
$2,500+
Investment
$2,500+ Investment
Free flight at a tour location of your choice or permanent Vertiport location ($249 value), plus a limited edition LIFT Aircraft hat.
$5,000+
Investment
$5,000+ Investment
2 free flights at a tour location of your choice or permanent Vertiport location ($498 value), plus a limited edition LIFT Aircraft hat.
$10,000+
Investment
$10,000 Investment
5% bonus shares, 4 free flights at a tour location of your choice or permanent Vertiport location ($996 value), 2 invitations to a VIP tour event, plus a limited edition LIFT Aircraft hat.
$25,000+
Investment
$25,000+ Investment
10% bonus shares, 10 free flights at a tour location of your choice or permanent Vertiport location ($2490 value), 4 invitations to a VIP tour event, plus a limited edition LIFT Aircraft hat.
$50,000+
Investment
$50,000+ Investment
15% bonus shares, 10 free flights at a tour location of your choice or permanent LIFT Vertiport location ($2490 value), 4 invitations to a VIP tour event, plus a LIFT Aircraft hat.


overview


The future of transportation is vertical and accessible to all 



LIFT's Aircraft shown in video are prototypes not yet available to the general market.


Why now? 


For decades, science fiction has promised us “flying cars,” and many have tried and failed to develop them. However, recent advancements in technologies developed for small drones have made it possible to design a safe, simple, and inexpensive multi-rotor drone capable of human flight.  



Why LIFT? 


Founded in November 2017, LIFT Aircraft leverages distributed electric propulsion (DEP) technology, autonomous “fly-by-wire” flight control systems, and our patented design for HEXA, a personal drone that anyone can fly. With LIFT, electric vertical flight is possible at 1/10th the cost of a helicopter, with zero CO2 emissions. 

THE PROBLEM


Ground transportation is broken, yet air transportation in urban areas remains inaccessible to most  



Sources: Wood TVEnergy.govEESIFAA


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.


Concept of future landing site for LIFT HEXA on a parking garage rooftop.

the solution


Introducing HEXA: So simple to fly you don’t even need a pilot’s license 


LIFT Aircraft makes flying so simple and inexpensive that almost anyone can experience the joy, freedom, and utility of personal, vertical flight. Our first aircraft, HEXA, is a single-seat, hover-optimized, semi-autonomous personal electric, vertical takeoff and landing (eVTOL) aircraft. 


2019 test flight as featured in Reuter's 


What Makes Us Different?


SAFETY.


While some eVTOL developers have winged aircraft capable of longer-range flight, we determined the incremental time savings achieved with wings are not worth the tradeoffs in safety and hover performance for short-range flights. 



* Comparable, congested routes often take cars 60 minutes or more. 

*Performance testing ongoing. Part 103 operations airspeed limited to 62 mph. Public use allows for max performance. 


ACCESSIBILITY.


Rather than selling HEXA to end-users, LIFT is developing “vertiport” locations where anyone can rent and fly HEXA in a scenic, controlled environment within geospatially mapped and geofenced flight areas, taking advantage of the FAA’s Part 103 “Ultralight” rules, meaning anyone can fly the aircraft without a license. In case of emergency, LIFT mission control can remotely take over and land the aircraft.


Our end-to-end flying experience will include VR simulator training with a dedicated flight instructor. 


Architectural rendering of LIFT’s first vertiport.


MODULARITY.


The cabin and landing gear can be swapped with any payload, enabling a variety of manned and unmanned applications, including heavy lift cargo, fire response, and medical evacuation.


Public agency use of various HEXA modular configurations (digital renderings).



the market


The Urban Air Mobility (UAM) market is projected to reach $1 trillion by 2040




Sources: Vertical MagBetsonGrandview Research


Public market investors are recognizing the urban air mobility opportunity, as evidenced by recent public listings, such as Joby Aviation (JOBY), Archer (ACHR), EHang (EH), and Lilium (LILM). These companies are also developing eVTOL aircraft and related services, and despite being in the early stages of commercialization, all have greater than $1B market capitalizations.

our traction


In production with strong commercial demand and significant funding from the US Air Force


LIFT Aircraft has more than 15,000 people on waitlists to fly HEXA in 25 US cities, and over 4,000 prepaid flight reservations. 



WHY INVEST


Profitable and defensible business model with minimal regulatory barriers 


HEXA is approved to fly in the US under FAR Part 103, which allows us to launch pay-per-flight operations for daytime, fair weather (Visual Flight Rules), recreational flying over non-congested areas in uncontrolled airspace by anyone, with no pilot’s license required. HEXA can also be flown by public agencies today for military, public safety, firefighting, and emergency medical response without any limitations.


By leveraging this unique regulatory niche, we’re able to start flying now. We’ll be first to market with our nationwide 25-city US tour and the first eVTOL vertiport in the US. 



Here’s what our future plans look like:


We believe that LIFT Aircraft has the right strategy, technology, and team to lead in the emerging urban air mobility market. Now you can invest in the company that’s making the joy and utility of personal, vertical flight accessible to everyone - exclusively through StartEngine.   





In the Press

The Washington Post

This startup's new passenger drone is 'like a flight simulator that you can ride in,' CEO says

New Atlas

The HEXA manned multirotor: It's real, and you can fly it

TechCrunch

LIFT Aircraft's HEXA may be your first multirotor drone ride

VICE

A New Startup Thinks Huge Drones That Fly Humans Can Solve America's Traffic Problem

Defense News

US Air Force proves it can transport a 'flying car' on a C-130. Now for the fun part.

US Air Force

Air Force Top Leaders Witness First Agility Prime "Flying Car" Demo

Business Insider

This company is selling $500,000 flying vehicles that look like giant drones and can be flown without a pilot's license

Today

Air Taxis Could be the Future of Commuting

CNBC

AR, VR & Drones among hottest tech trends at SXSW

Offering Summary


Company

:

LIFT Aircraft Inc.

Corporate Address

:

3402 Mount Bonnell Road, Austin, TX 78731

Offering Minimum

:

$9,998.94

Offering Maximum

:

$4,999,975.40

Minimum Investment Amount

(per investor)

:

$532.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

3,759

Maximum Number of Shares Offered

:

1,879,690

Price per Share

:

$2.66

Pre-Money Valuation

:

$188,821,430.00











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

Perk Structure:

Early Bird 

Friends and Family - First 48 hours | 15% bonus shares 

Super Early Bird - Next 72 hours | 10% bonus

Early Bird Bonus - Next 7 days | 5% bonus shares

Volume

Notes (under “Rewards,” above all reward tiers): 

Current flight holders investing at a level that qualifies for free flights will be automatically refunded the cost of their flight 30 days after investing. 

Reward flights are transferable as gifts. 

$500+ Investment: Limited edition LIFT Aircraft hat.

$1,000+ Investment: Priority spot on flight waitlist, $100 (40%) discount on one $249 flight, plus a limited edition LIFT Aircraft hat.

$2,500+ Investment: Free flight at a tour location of your choice or permanent Vertiport location ($249 value), plus a limited edition LIFT Aircraft hat. 

$5,000+ Investment: 2 free flights at a tour location of your choice or permanent Vertiport location ($498 value), plus a limited edition LIFT Aircraft hat.

$10,000+ Investment: 5% bonus shares, 4 free flights at a tour location of your choice or permanent Vertiport location ($996 value), 2 invitations to a VIP tour event, plus a limited edition LIFT Aircraft hat.

$25,000+ Investment: 10% bonus shares, 10 free flights at a tour location of your choice or permanent Vertiport location ($2490 value), 4 invitations to a VIP tour event, plus a limited edition LIFT Aircraft hat. 

$50,000+ Investment: 15% bonus shares, 10 free flights at a tour location of your choice or permanent LIFT Vertiport location ($2490 value), 4 invitations to a VIP tour event, plus a LIFT Aircraft hat.

*All perks occur when the offering is completed.

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.

Disclosure

Balazs Kerulo, the Company’s Chief Engineer has invested $3,000 in the Company’s current Reg CF offering.

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. Salary payments made to one’s self, a friend or relative. Any expense labeled “Travel and Entertainment”.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$5,632,746.00 USD
$2,191,890.00 USD
Cash And Cash Equivalents
$1,829,642.00 USD
$1,318,388.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$7,175,396.00 USD
$3,725,739.00 USD
Revenues And Sales
$1,409,752.00 USD
$99,900.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$514,072.00 USD
-$1,730,793.00 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

A Multicopter for the Rest of Us? Part 103 eVTOL Hexa Is Preparing for a U.S. Tour

11 days ago

This week, Dan Johnson reviewed LIFT Aircraft. In addition to asking and answering a lot of great questions, Dan dives into safety, FAA regulations, business strategy, design, and more.  Read the article here: https://bydanjohnson.com/a-multicopter-for-the-rest-of-us-part-103-evtol-hexa-is-preparing-for-a-u-s-tour/

DAN JOHNSON has been called “the leading reviewer of light-sport aircraft.” He has evaluated nearly 400 aircraft in several aviation magazines and online. A 5,500-hour Commercial, Instrument, Multi-Engine Pilot and former Certified Flight Instructor, Dan’s focus today is on Light-Sport Aircraft, light kit aircraft, and ultralight aircraft.


Happy New Year from LIFT Aircraft!

21 days ago

We hope you and yours have had a wonderful holiday season. As we wrap up 2021, we're reflecting and celebrating some big milestones - including our partnership with StartEngine. Thanks for making us one of StartEngine's 'Most Popular' campaigns! It's been a big year at LIFT, and there's plenty more to come in 2022! Check out our "Year in Review" here.

Welcome Investors!

26 days ago

At LIFT Aircraft, we don’t think aviation should only be accessible to the wealthy... and we don’t think venture capital investing should be, either. We couldn't be more excited to welcome more than 1,000 new investors through our Reg CF crowdfunding opportunity with StartEngine! Onward and upward together in 2022!

Notice of Funds Disbursement

28 days ago

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

Hello!

As you might know, LIFT Aircraft 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 LIFT Aircraft 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

Why is the DoD good for Small Business?

about 1 month ago


When Matt Chasen founded LIFT Aircraft, Department of Defense contracts weren’t even a consideration. As he learned about the US Air Force’s storefront military technology development program, AFWERX, he realized the commercial benefit to small business - specifically technology startups - of collaborating through USAF contracts. Hear about the DoD’s new approach to innovation and dual-use technology directly from LIFT Aircraft’s Founder and CEO in this recently published article in Defense News.


LIFT Aircraft CEO, Matt Chasen, piloting HEXA in a demonstration for Secretary of the Air Force Barbara Barrett, Air Force Chief of Staff Gen. Charles Q. Brown Jr., and Chief Master Sgt. of the Air Force JoAnne S. Bass at Camp Mabry in Austin, TX. (Air National Guard photo by Staff Sgt. Sean Kornegay / August 2020)

Why Crowdfunding? Insight from Our CEO.

about 1 month ago

Thanks to many of you, we recently reached and passed the $2M milestone in our Regulation CF offering. It's been especially great to hear from reservation-holders who will soon fly as shareholders!

As we launched the campaign, we've received some questions about crowdfunding and why we chose this type of offering. 

In a new blog post, LIFT Founder and CEO, Matt Chasen, shares about the JOBS Act of 2012, how it democratizes investing, and the excitement he has about what it means not just for LIFT, but for the future of startup investing.

Signing of the JOBS Act in the White House Rose Garden, 2012


Meet the Founder and CEO of LIFT Aircraft

about 2 months ago

Recently, LIFT Aircraft Founder and CEO, Matt Chasen, was featured in TEXAS CEO Magazine. He not only talks about his long career as an entrepreneur but also shares his passion for putting "the awe and joy of personal flight at every person's fingertips."

Emergency Responders Get an Up-Close Look at HEXA!

about 2 months ago

LIFT had the pleasure of hosting leaders in the field of emergency response from across Texas and US agencies. Next, we’ll engage in roundtable discussions and continue our research and development of HEXA for First Response use cases. We're eager to see our home state of Texas lead in the deployment of AAM in the public sector. Learn more at www.LIFTAircraft.com/FirstResponse.


Notice of Funds Disbursement

about 2 months ago

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

Hello!

As you might know, LIFT Aircraft 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 LIFT Aircraft 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

A Historic Day for Flight!

2 months ago


HEXA proudly flew at the 2021 Ohio Advanced Air Mobility Showcase yesterday. This was a historic day for flight, and we loved being part of it!


Onward and Upward!

$1M in One Week!

2 months ago

After reaching $500k in record time, we’re thrilled to have reached $1M in just one week.  Our momentum has been incredible, and we’re just getting started!

Thank you to all who have invested so far. There are less than 24 hours to earn a special bonus. Share this opportunity with your friends and family before the limited time perks expire! 

"Electric Aircraft Are Going to Be the Future of Flying"

2 months ago


"We truly are on the cusp of an Aviation Revolution." - Matt Chasen, Founder & CEO of LIFT Aircraft

Click on the video we just added to our campaign page to hear more from our CEO, Matt Chasen. We think you'll be inspired by our aircraft, HEXA, and the possibilities for changing - and saving - lives!

Welcome!

3 months ago

Welcome!

At LIFT Aircraft, we don't think aviation should only be accessible to the wealthy... and we don't think venture capital investing should be either.  We've already raised over $12M from VCs, accredited angel investors, and government grants, and now we've partnered with StartEngine to allow anyone to invest in LIFT.

We’ve had an overwhelming response to the launch of our campaign. In fact, LIFT reached $500k in less than 24 hours!

Many of you supported the vision of LIFT Aircraft early on by securing paid flight reservations, and we can’t wait for you to fly HEXA! Others are new to the LIFT team, and we’re so excited you’re here. 

People who share this vision - people like you - inspire us to make it happen. We’re eager to hear from you. What excites you about LIFT? What drove you to invest? Drop us a comment so we can get to know you!

Throughout the campaign, we’ll provide updates about what’s happening at LIFT. Check in for webinars, interviews, and flight videos. 

We’re so glad to have you with us for the ride (flight)! 

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