Wefunder
04/19/2021
04/30/2022
$500,000
$1,070,000
$100
SAFE
RegCF
$18,000,000
0%
Rolling Commitments $
Active
04/21/2021
374
0%
0%
$0
Brunswick, Maine
Transportation, Automotive, Aviation, & Aerospace
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.