We are building an innovative five seater long-range aircraft, that is not only safer, environmental friendly, affordable but as well comfortable and
luxurious with AI and autonomy capabilities.
Panhwar’s vision is to be the global leader in general aviation.
Designing and building revolutionary all-electric long-range luxury aircraft
Expecting to take first flight in next 8 months by Dec 2023
Raising Series A round under Reg - D SEC & FINRA regulations
Raised under $1.5M to date from Venture Capital and Angel Investors
Expecting to go IPO in 2024 at $5 - $7 billion
Experienced executive team with successful exists and took companies to IPO at several billion
Onboard power generation system using wind energy and with proprietary AI integrated internal systems will make us a clear global leader in the industry.
We are just 8 months away from taking our first flight, we have already started production of our first prototype.
Our cost of manufacturing is expected almost 65% less compared to other fossil fuel counterparts due to almost 6,000 fewer parts.
Operating cost of fossil fuel aircraft for four to six-seater is between $1,000 to $1,800 per hour, but our electric aircraft will only cost $25 per hour.
We have prominent industry experts and advisors from electrical engineering background & veterans from solar and finance industry.
We have already tested and finalized our propulsion system in DEC 2022.
We finished aircraft designing in MAY 2022.
We started production of our first prototype in MAY 2023 and almost 50% is complete, expected to have completed by SEP 2023
We are preparing to have FAA experimental certification by OCT 2023
We expect to take our first flight by DEC 2023
Complete FAA certification by Q2 2026
Start delivering aircraft by Q4 2026
Go for IPO 2024
Take our first flight and set World Records by DEC 2023
Start taking pre-orders in Q1 2024
Complete production of our first prototype by SEP 2023
We are expected to have FAA experimental certification by OCT 2023