Learn more about the world's first Solar Electric Vehicle (sEV). [47][42], The automotive X-prize competition was held in 2010 and Aptera's car entered but didn't finish the 50-lap trial, as its car overheated after 30 laps. The share price rose from $61.30 a share. Joby is closer to the mark with ~1,000 test flights under its belt. Its businesses include processing cereal grains, oil seeds, and agricultural storage and transportation. What is the Best Energy Stock to Buy? PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. The reply I received was from support@apteramotors.zendesk.com, I assumed it was from Aptera and not a contracted company. . This would make the Aptera the most efficient and the longest-range motor vehicle ever designed for mass production. Some of the companies were woefully underfunded, while others produced or raised plenty of cash. I regret not being subscribed to the original Aptera mailing list and getting Wefunder shares for $0.22 each. You should read the offering circular before making any investment.SECFilings:1-K Filing (2021)Annual Report (2021). Buying an Aptera is no longer an option for me for a number of reasons but I did give myself a consultation prize by purchasing around $2000 worth in shares. [2][5], In February 2020, the company announced it had raised enough funding to see the Aptera EV into production by the end of 2020. [51], In April 2012, the Chinese automaker Zhejiang Jonway Group purchased the intellectual property of Aptera from creditors, and in May, it announced that it would start manufacturing the 2e at its factory in Shanghai and intended to ship chassis to a small assembly plant, initially employing 15-20 people, that it would set up in Santa Rosa, with sales commencing in early 2013. I have sent several messages to them at invest@aptera.com and info@aptera.com and still have not had a reasonable response and money has not been returned. If, as the firm says, Lilium has about 18 months before its cash runs dry, then the rubber meets the road in 2023 when theyre expected to have a sufficient number of test flights for certification. Unfortunately, the new management team set the company on a path that required a $400M+ loan from the Department of Energy. As of December 2022, the company had 81 employees[1] and was actively fund raising to enable production of its first solar electric vehicle. Ambri isn't available to retail investors right now since it isn't traded on the public stock exchange. My initial investment in APTERA was the riskiest, as they did not have a true product and the engineering work network in place. Get the full list, To view Aptera Motorss complete acquisitions history, request access, To view Aptera Motorss complete subsidiaries history, request access, Morningstar Institutional Equity Research, Adhesively bonded, decorative solar panel and method of manufacture thereof, System and method for solar cell arrangement on the dashboard of a vehicle, System and method for solar cell arrangement on a vehicle, Co-Founder, Co-Chief Executive Officer & Board Member. Blade Air Mobility Stock and Urban Air Mobility, Iceberg Research published a report last week, Urban air mobility largely involves fixed-point routes that dont exist yet, Routes can initially be planned and brought into service using helicopters, Initially, there will be no cost advantage for flying eVTOL aircraft, but they will be quieter, which means more routes can be enabled, As autonomy becomes a reality, routes will expand as costs drop, Trying to assess the potential size of this new transportation market is difficult. A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. The only way well know for sure is to start offering routes. Equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. These companies are limited by shares and are represented by suffixing 'Ltd.'. Why the first uploads werent accepted. Im not familiar with the concerns of Prime Trust LLC, youd have to explain that one. Sincerely, Chris Anthony Aptera Motors Corp, Aptera Support (Aptera) Sep 21, 2022, 08:24 PDT Hi Deborah! I want to invest and support but I do feel quite a bit of relief that Ive held off for now.Anyone else in the same boat as me or does this sound like too much of an overreaction? Aptera has raised a total of $100.9M in funding over 9 rounds. As of 2019, the first planned production Aptera is a two-seat, three-wheeled passenger battery electric vehicle (BEV). I uploaded these documents in screen right after submitting both of the investments done. Heres what we had to say about the company in our piece on Lilium Stock: An Electric Jet Aviation Company: The plan comes together in 2024 when the company expects to produce 90 aircrafts which will automagically produce $246 million in the same year $29 million from transporting people via regional hubs (the air taxi model) and $217 million from selling their electric airplanes to companies such as Germanys own Lufthansa and Brazilian airline Azul which said theyll buy 220 aircraft in 2025. The company in its current form was founded in March of 2019. N/A. The company will use the money to build another production plant. If Aptera can obtain sufficient funds to get into Production via WEFUNDER or similar sources, it may stay private; which means no stock symbol and publicly traded shares. The startup says it remains on track to begin ramping up scaled production in 2023. However, no body and only a few test mules for such a car were ever built. The system gives you an error (wrong payment system) when you click the submit button. But there are two things that have kept most people out of the electric vehicle market. Embedded solar cells have been designed to contribute an estimated additional 41mi (66km) per day from sunlight under optimal conditions. Arrival, a U.K. based maker of electric commercial vehicles, is becoming publicly traded via a SPAC merger. I plan to increase my holdings and its all good as long as I make it before the close of this round. Get the full list, To view Aptera Motorss complete board members history, request access, Youre viewing 5 of 13 investors. Rivian offered 153 million shares priced at $78, raising more than $11 billion. Thats why investors expressed concern when Iceberg Research published a report last week claiming that none of Liliums demonstrators have flown for more than three minutes even after seven years of work. The criticisms surround the technology being utilized by Lilium which involves 30 engines per aircraft. Since then, the vehicle underwent a series of redesigns, including the addition of side mirrors and expansion of the interior space, however, retaining its three-wheel configuration and its aerodynamic teardrop shape. Americas +1 212 318 2000. IIRC 9.20 was the price on the last round, possibly their page was not updated since share sales is done through a different company. We couldnt be more excited about whats to come for Aptera the support from our community of investors and fans like you is what makes it all possible. The small 50-kW (67-hp) Elaphe wheel motors shouldn't overburden the . It is also known for brands like Fisher-Price, Hot Wheels, and Thomas & Friends, just to name a few. We dont invest pre-revenue so none of these companies would be of interest to invest in. [38] By that time the company had changed its name to Aptera,[39] which is Greek for "wingless", a nod to their light-aircraft-inspired design and construction techniques. [65], By the time of the original company's liquidation in 2011, the company had abandoned development of the Aptera 2e and had started to design a 5-passenger, 4-wheeled EV sedan with a lightweight composite body and a projected 130-mile range. Li-Cycle Holdings. As big a deal as the personal computer, said St. Steve Jobs when he saw the contraption which was supposed to transform personal transformation until it didnt. Now the company announced that it is reopening investments to get more capital to secure the . 2021 Pre-IPO Buzz | All Rights Reserved. Lilium is likely to miss the 2023 target by miles. This means both firms must have sufficient test flights for certification credit to hit that target. Bloomberg Anywhere Remote Login. Sandy Munro and Ozzy Akay are the most recent investors. When a certified eVTOL aircraft is made available it can replace their choppers. BMW Bloch. The securities offered by the company are highly speculative. Given all the dogs in the race, there will likely be more than one winner and more than one loser. Aptera Hybrid Promises Amazing Mileage for Less Than $20,000", "1 Gallon of Gas, 100 Miles $10 Million: The Race to Build the Supergreen Car", "OhGizmo! Execution is what separates the wheat from the chaff. But where theres smoke, theres fire. 97.70. Unit Name Qualification for Treaty Benefits under the Publicly Traded Test . That may be related to the ongoing Accelerate Aptera campaign as all those investments are counting against the cap in the current round. Potential Aptera Market is 600,000 units per year, with sales ramping up to a rate of 10,000 units per year in 2023. And with the battery topped off from solar charging you can travel up to 1,000 miles on a single charge.The average American drives less than 30 miles per day, so most Aptera owners will never have to plug their vehicle in to charge. Publicly Traded Common Equity. Aptera has publicly stated that they hope to go IPO or SPAC in the next 18 months. Most importantly, do not invest money you cannot afford to lose. As of this month, it also may have a new competitorthough the . Prior to the qualification of this Offering Statement, the company will effect a 30-for-1 stock split; all the share numbers in this Offering Circular, except in the financial statements and unless indicated otherwise, are on a post-split basis. The third vehicle, the Aptera 2e, was intended for production, but the funding required was not achieved. This year I doubled my investment to help bolster APTERAs need for cash. That would be good to know. Aptera Motors Corp. (formerly Aptera Motors Inc. and before that Accelerated Composites) is an American crowd funded startup company based in Carlsbad, California specializing in solar electric vehicle manufacturing. 3 months ago they said it would be done promptly. New Supply Of Publicly Traded Stock Can't Fill The Gap. [48], On August 12, 2011, Aptera Motors started to return deposits from customers. Just over a year ago, EHang commanded a market cap of nearly $6.8 billion until the below report was published by short activist Wolfpack Research. The one thing that is perplexing to me is if there is a problem or issue with me reserving more than one Aptera. The folks at Aptera are helpful and interested in helping all investors, reservation holders, and other interested parties. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. And only a few Munro and Ozzy Akay are the most efficient and the motor... Is closer to the mark with ~1,000 test flights under its belt loan the! Million shares priced at $ 78, raising more than one Aptera contribute an estimated additional (... Report ( 2021 ) Annual Report ( 2021 ), to view Aptera Motorss board... We dont invest pre-revenue so none of these companies are limited by shares and represented., Aptera support ( Aptera ) Sep 21, 2022, 08:24 PDT Hi Deborah on! Optimal conditions when a certified eVTOL aircraft is made available it can replace their choppers or in. Its belt all the dogs in the next 18 months path that required a $ 400M+ loan from the of! 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