Industry

Aerospace/Mobility

Company Type

Aircraft/Manufacturing

Location

Israel

Size

$100 Million

Investment Type

Equity

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AERONAUTICS

Overview

 

Urban Aeronautics is seeking $100 million of equity for the continued development of CityHawk, a 5-seater urban eVTOL aircraft.

 

Planned for commercial flying of urban travelers for both fixed routes (Airport Shuttles) and intra city travel (expecting typical trips to be 25 miles )

 

Highly suited for city Emergency Medical Services (EMS) for time critical medical conditions (cardiac arrest, trauma injuries, etc.)

AERONAUTICS

Opportunity

 

Urban Aeronautics is focused on creating the best urban mobility aircraft

 

CityHawk’s unique design differentiates it from the competition

 

Enabling safe air transportation and ground handling with minimal infrastructure needs

AERONAUTICS

Solution/Strategy

 

 

Highest viability of large-scale inner city operations, simply due to smaller sized aircraft

 

With a huge market potential for strong aviation, facing incumbents and exciting newcomers means strategy and timing will determine success

 

Most promising segment for large drones is the middle mile or middle “small” mile of urban environment.

 

Augments medium trucks of less than full truck loads for time sensitive deliveries such as medical and high-end goods.

AERONAUTICS

Management

Nimrod Golan-Yanay

CEO

30-year veteran of the Israeli Air Force with extensive piloting experience

 

As a commander of the helicopters branch, led numerous helicopter and avionic system acquisitions and development programs.

 

Former VP of Delivery for Amdocs, a world-leading Israeli-based software company.

 

Degree in mechanical engineering from the Technion Institute of Technology.

 

International Executive MBA from Kellogg School of Management at Northwestern University and Tel Aviv University.

Ofer Shifris

CTO

Over 45 years of global experience in the commercial and defense aircraft and UAS industry at Israel Aerospace Industry (IAI), Boeing Seattle,  GCT/PFW Munich Germany, NFT Flying car USA and Urban Aeronautics Ltd Israel

 

Management of complex, highly integrated and multi-cultural aircraft and rotorcraft programs, combining all technical and commercial aspects

 

Management of IAI’s helicopter division, and participated in the establishment of a German aircraft start-up ‘Talon Aircraft GmbH (Munich, Germany)’

 

Graduate (BSc) in Aeronautical Engineering of the Technion (Israel Institute of Technology) and Business Administration.

Inbar Vitlem

VP Operations

Began her career as a Division Economist and Analyst at Nice Systems

 

Prior to joining Urban Aeronautics, she was the Budgeting Manager for Cellular Services division of Camverse Technology.

AERONAUTICS

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Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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