bluShift Aerospace on Wefunder

Platform

Wefunder

Start Date

04/19/2021

Close Date

04/30/2022

Min. Goal

$500,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$18,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

04/21/2021

Days Remaining

374

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Brunswick, Maine

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

bluShift Aerospace, with a valuation cap of $18 million, is raising funds on Wefunder. It is a commercial rocket company that uses earth-responsible, carbon-neutral, and bio-derived fuel to provide space launch services. The company works as an Uber to space with its suborbital and orbital launch services. Sascha Deri founded bluShift Aerospace in 2014. The proceeds of the current crowdfunding campaign, with a minimum goal of $500,000 and a maximum goal of $1,070,000, will be used towards labor expenses, capital investments, materials and licensing, and other operating expenses. bluShift Aerospace is expected to be cash-flow positive in four years and increase its net margin to 50% in seven years.