JetPack Aviation raises $2M to build the prototype of its flying motorcycle

INSUBCONTINENT EXCLUSIVE:
appreciate
Now, JetPack has raised a seed round of $2 million from investors indulging Draper Associates, Skype co-founder Jaan Tallinn, YC, Cathexis
It can take off and land vertically, and reach top speeds of potentially over 400 MPH
There are no exposed rotors systems, which make it a lot safer and easier to operate than a lot of other VTOL designs and helicopters, and
the company says it can also be refueled in less than 5 minutes, which is a dramatically shorter turnaround time for powering up versus an
jet pack
Mayman himself has demonstrated the personal aerial jet pack numerous times, and it has been certified by the FAA, plus it landed a CARADA
agreement with the U.S
Navy Special Forces for use in short-distance troop transportation
The jet pack also boasts a lot of features that sound, on paper, like science fiction: Over 100 mph top seed, and suitcase-sized
similar claim.Part of the reason the Speeder is more viable near-term than other VTOL designs is that it will rely on turbine propulsion,
rather than battery-based flight systems
The Speeder, by comparison, should feasibly be able to provide quick cargo transportation for emergency services and military (its first
planned uses before moving on to the consumer market) in a much shorter period.