We are building an innovative five seater long-range aircraft, that is not only safer, environmental friendly, affordable but as well comfortable and
Panhwar’s vision is to be the global leader in general aviation.
Designing and building all-electric long-range luxury aircraft.
Expecting to take first flight in next 18 months.
Raising Series A round under SEC & FINRA regulations.
Raised over $1.5M to date from Venture Capital and Angel Investors.
Expecting to go IPO in next 24 months at $5 billion.
Experienced executive team with successful exists and even taken companies to IPO at several billion.
Onboard power generation system using wind energy will make us a clear global leader in the industry.
We are just 18 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 this year in May 2022.
We finished aircraft designing in June 2022.
We started production of our first aircraft in June and almost 30% fuselage is completed.
Start delivering aircraft by end of 2026.
Complete FAA certification by Dec 2026.
Complete production of our first prototype by June 2024.
Take our first flight by June 2024.
We are expected to file for FAA certification by end of February 2023.
Start taking orders in June 2023.