My initial investment was to support a great idea with tremendous potential. Aptera is looking to earn a significant portion of that growth. Welcome to OurGlobal Community of Tech Investors. The Rivian IPO date was Wednesday, November 10th, 2021. [50], Production and customer availability announcements, Last edited on 24 February 2023, at 22:49, Advanced Technology Vehicles Manufacturing Loan Program, "Exclusive: 3-Wheeled Aptera Reboots as World's Most Efficient Electric Car", "Aptera Motors Corp. | Electric Vehicles", "Aptera just closed a $2M private round! I will definitely consider freeing up some more funds. However, in February 2020, the founders said their next vehicle will be a 4-wheeled, 5-passenger car. Aptera electric vehicle maker just got $4 million in funding. Now that weve moved into our final assembly location in Carlsbad, California, the next six months will be focused on supply chain and manufacturing build-out with the goal of ramping to full-scale production in 2023. Each Aptera owner can significantly reduce their carbon footprint. This year, 192 U.S . Thats what Blade has done, so theyre uniquely positioned to probe just how much demand exists for urban air mobility. I consider timing is everything in the marketplace and the price of the product a close second. Publicly Traded Companies are listed on a stock market that permits the general public to trade their shares. However in January 2023 the company revealed it's new plan for mass production needed more funds to purchase the tooling and equipment needed to start production. [37] There has been no further production plans of 4 wheeled versions shared publicly. Travel up to 1,000 miles on a single charge. Routing Number 123 N/A. Scrolling through her background on the press release on the Aptera website, one soon gets the impression . An offering statement relating to Aptera Motors Corp's Class B Common Stock has been filed with the Securities and Exchange Commission and became qualified on August 29, 2022. Tech investing is extremely risky. These companies are limited by shares and are represented by suffixing 'Ltd.'. Sure. Bloomberg Anywhere Remote Login. Confirmation of receipt of funds is quick, I believe, even if the shares are slow to show up on Carta. The last round was over 6 times over subscribed, so when it opens you will have to act fast when it opens. [12], In 2021 the company built 3 more engineering prototypes, revised the Aptera design to give it more interior room and an improved suspension, and raised over $39 million in funding. For more information, please see our No public market currently exists for the securities, and if a public market develops following the offering, it may not continue. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. In fact, Fisker raised more than $2 billion in cash. I am going to CC our investment team in this email to take a look into this. Aptera Motors General Information. Is there a way to track how much has been invested in at $10.50 per share? Not true. As a publicly-traded entity, a SPAC must satisfy Nasdaq's listing requirements. In a coming article, well take a closer look at how these three companies compare, from who theyre in bed with to what business models they plan to adopt. Just think, the most efficient car is about to be put into our hands, towering over Tesla, Lucid, etc. The SEC has qualified that offering statement which only means that the company may make sales of the securities described by that offering statement. [8], On December 4, 2020, the company revealed the new Aptera EV prototype, releasing model and option details with prices, and opened pre-orders. Once I created my Aptera account, I cant see my investments inside account options. That efficiency allows Aptera to have a much longer range than competitive electric vehicles. Win whats next. [38], In 2008, Aptera Motors hired several industry veterans to oversee engineering and production as well as marketing, and raised $24 million from Google, Idealab, Esenjay, the Simons family, and the Beall Family Trust. [4], As of 2019, the Aptera had been redesigned to be a pure battery-powered electric vehicle (BEV) using under 100Wh per mile on the EPA test cycle, with a predicted EPA test-cycle range of up to 1,000mi (1,600km), with solar panels that could add up to 40 miles of range per day. Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest. In an interview with StartupSmart in May 2019, CEO Melanie Perkins stated that, "one of [their] goals is for Canva to become a household name," but that becoming a publicly traded company was "not top of mind.". Every investment is a risk. If you have submitted your funds, they are being released from escrow and will be returned to you promptly. Not yet Riley. Do to new banking regulations regarding Reg A investments, our escrow agent is no longer able to operate in Hawaii. Aptera raised some $200,000 in 2019 on WeFunder and roughly doubled that figure in 2020. . This was reported by Manager Magazin with reference to company circles. The company originally was going to name the US company "Zaptera USA" and it displayed a prototype 2e next to a Zap Jonway car at the Beijing Motor Show; the close association with Zap was met with protest by electric-car enthusiasts and by May, the company said it would call the company Aptera USA and would keep it separate from Zap Jonway. 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. Investors lined up to throw money at the vehicle hailed as being maybe bigger than the Internet by notable venture capitalist John Doerr. 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. Their latest funding was raised on Jun 6, 2022 from a Equity Crowdfunding round. Strategic agreements with Red Viking, Elaphe, and Yazaki are just a few of the supply-side agreements weve cemented to bring us closer and closer to a commercial launch. Archive Aptera Electric/Hybrid Car On Pre-Order for $500", https://en.wikipedia.org/w/index.php?title=Aptera_Motors&oldid=1141408379, 4,000 - 6,000 in 2022 if COVID didn't continue, Ramping to 250 per month then to 40 per day in 2023, Ramping to 10,000 units per year rate (40 per day) in 2023, This page was last edited on 24 February 2023, at 22:49. It has to be closed and re-start again. Aptera Motors' vehicle design has undergone several design revisions, summarized here. Being able to produce aircraft at scale and at an economically viable price point is just the beginning. Just before they liquidated and after I went with a BMW. That would be good to know. At Aptera, we believe efficient transportation is at the heart of managing the Earths natural resources. A company becomes publicly traded by making an initial public offering (IPO) of shares in the company, which helps it to raise capital and gives both investors and the company a powerful way to . Save my name, email, and website in this browser for the next time I comment. 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. The securities offered by the company are highly speculative. In fact, Buffett's Berkshire Hathaway ( BRK.A 0.51%) ( BRK.B 0.31%) owns roughly 39 million shares of USG's stock, which is a 26.7% stake in the company currently worth more than $1.1 billion . My initial investment in APTERA was the riskiest, as they did not have a true product and the engineering work network in place. Come on Aptera !!! Thats where were sitting with a new type of electric vehicle the electric vertical takeoff and landing vehicle (eVTOL). This means I have potentially three free reservations that Ive not exercised. [53], In 2019, Aptera Motors was re-formed under the leadership of the original founders, Chris Anthony and Steve Fambro, as Aptera Motors Corp.[2] It then began a crowdfunding campaign[3] to restart development and production of their concept for an extremely efficient road vehicle.[2]. Driving solar mobility forward, Nicole Hall Community Success Associate Aptera Team. The small 50-kW (67-hp) Elaphe wheel motors shouldn't overburden the . 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. BTW: I get the idea that if 3,000 small investors about one in four were to invest an average of $8,000 to reach the 10 grand level; theyd meet, with the California grant, the $50,000,000 needed to delivery production vehicles in 2023. Im not familiar with the concerns of Prime Trust LLC, youd have to explain that one. Unit Name Qualification for Treaty Benefits under the Publicly Traded Test . Where to start? The reply I received was from support@apteramotors.zendesk.com, I assumed it was from Aptera and not a contracted company. When used in the offering materials, the words estimate, project, believe, anticipate, intend, expect and similar expressions are intended to identify forward-looking statements, which constitute forward looking statements. The reconstituted Aptera moves the electric drive out to the hubs, to free up onboard space and to allow for torque vectoring. Whether they are traded on the New York stock exchange or elsewhere, a smart investing decision will be better than making a critical mistake that can cost you. Publicly Traded Partnership - PTP: A business organization owned by two or more co-owners, that is regularly traded on an established securities market. October 14, 1980 was a wild day at the stock market. Its earnings rose 24.5% from the prior year, with return on sales of 16%. Another reason is that reservations are being counted and I dont want to juke with that record as an investor as those reservations might be considered hyping the value of the investment. Aptera has taken more than 3,000 orders for a new solar-powered EV arriving in 2021 that it says never needs to be charged. ", "National Household Travel Survey Daily Travel Quick Facts", "Aptera Reveals Resurrection Details, Tech Specs: No Plans To Die Again", "Aptera - Modernizing Vehicle Design & Manufacturing - INVESTOR PRESENTATION", "Aptera upgrades its unique solar-charging EV", "Many Aptera 2022 reservation holders report delivery dates pushed to 2023-24, company claims to remain on schedule", "Aptera Announces Accelerator Program to Kick Off Production Plan", "Prototype gets 300 mpg, company says, qualifies for car-pool lane", "Aptera takes wraps off 200 MPG prototype car", "Aptera's 3-wheeler looks as if it could soar", "Automotive X PRIZE Announces First 30+ Teams in Multimillion Dollar Competition for 100 MPGe Vehicles", "Aptera Founders Ousted in Boardroom Showdown", "Tri, Tri Again for Aptera 3-Wheeler Loan From Feds | Autopia", "Aptera officially resubmits application for DOE loan Autoblog Green", "Automotive X Prize: Why some teams failed", "Futuristic Electric-Car Dream Dead? and our It was planned to be available in both all-electric (2e) and series hybrid (2h) configurations, at prices ranging from mid-twenty to mid-forty thousand dollars. Jonway was a major investor in Zap Jonway, which had been working on electric cars in Santa Rosa since the mid-1990s. Archer would probably disagree with that assessment based on their decision to leverage existing certified subsystem technologies from various vendors to develop its aircraft. By choosing not to be vertically integrated, Archer expects the approval process to go more smoothly, and it certainly has. [2], The original Aptera Motors' design was a three-wheeled two-seat vehicle named the Aptera 2 Series. The theatre in Aptera, Greece was very important to public life in the ancient times. The share price rose from $61.30 a share. Ambri isn't available to retail investors right now since it isn't traded on the public stock exchange. As we discussed in our Big Bear Thesis for Ali Baba Stock, VIEs are opaque legal structures based in places like the Cayman Islands where shareholders dont have a legal right to the shares they think theyre holding. Required fields are marked *. But there are two things that have kept most people out of the electric vehicle market. In total, the world's stock exchanges are . I think Aptera is a good penny stock to go in on. I remember being very interested in purchasing an Aptera around a decade ago. USD. Quora's mission is to connect the people who have the knowledge to the people who need it, to bring together people with different perspectives so they can . To truly investigate the internal workings of a Chinese technology firm, you need boots on the ground. Fambro hired Chris Anthony to be the COO shortly after founding the company. [13] They also acquired 3 buildings in Carlsbad, CA, with a combined space of over 100,000 square feet. Nanalyze. The stock began trading in the early afternoon, 1:01pm EST. Aptera has publicly stated that they hope to go IPO or SPAC in the next 18 months. Blade Air Mobility has shown that demand for shorter fixed routes exists, but their total addressable market (TAM) estimates are based on what people say in a survey. Three publicly traded eVTOL stocks expect to enter service in 2024 with varying degrees of likelihoods (probabilities assigned by SMG consulting). Investors have thrown billions at the idea and there are even six publicly traded stocks for retail investors as seen below: The only company with revenues is one we looked at in our piece on Blade Air Mobility Stock and Urban Air Mobility. 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. Now the company announced that it is reopening investments to get more capital to secure the . Note: This document is not an official pronouncement of law, and cannot be used, cited or relied upon as such. 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. Credit card and bank transfer are much more appealing options. The second time always works. We delivered two, five and seven passenger-grade AAVs abroad in 2018, 2019 and 2020, respectively. The third vehicle, the Aptera 2e, was intended for production, but the funding required was not achieved. [52] However, by mid-May the following year, those new Aptera companies had gone silent. I appreciate your suggestion and will email them. Nonetheless, I still consider this a wise decision. The second report then went on to raise questions about battery technology and IP which seems too deep into the nitty-gritty. [39] The typ-1 model had been classified as a motorcycle. The funds are going to an agent of Aptera and clearly Aptera is making use of the funds, so no worry there. Prior to making any investment in Aptera Motors Corp's Class B Common Stock, you should review a copy of the offering circular, or contact Aptera Motors Corp by phone . If memory serves me correct, we can then track the SPAC. Arrival, a U.K. based maker of electric commercial vehicles, is becoming publicly traded via a SPAC merger. The web page doesnt let you go back. Will I even get my money back than or any return of investment? 9 Photos. Skip to content. If you have any questions or need further assistance in funding your commitment, please contact invest@aptera.us. A New York Times reporter contacted the DoE, which said that it had not committed to loaning the company any money. Ultra-efficient thee-wheeled two-seater promises 1000-mile . According to EHang, we passed that milestone a long time ago. Its design includes two 50 KW wheel hub motors with an EPA-test-cycle estimated range of over 1,000mi (1,600km), from a 100 kWh battery pack. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Forward-Looking Statements DisclaimerThe offering materials and this letter may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. [40] However, Aptera Motors maintains that Aptera translates to "wingless flight". In this Offering Circular, the term "Aptera" or "the company" refers to Aptera Motors Corp., a Delaware corporation. 0. Where did that upload go? SAN DIEGO, Dec. 4, 2020 /PRNewswire/ -- Aptera Motors today announced it has introduced the first solar electric vehicle (sEV) that requires no charging for most daily use and boasts a range of up . In the same way that the FDA dictates the success of drug discovery companies, the FAA will dictate the success of urban air mobility companies. I tried to invest with my credit card but got the reject statement above. Regulations regarding Reg a investments, our escrow agent is no longer able to operate in Hawaii, Motors! And landing vehicle ( eVTOL ) to company circles Nasdaq & # x27 s! Me correct, we passed that milestone a long time ago 2 ], the original Aptera '! Only means that the company or any return of investment serves me correct, we can then track the.! Doubled that figure in 2020. is no longer able to produce aircraft at scale and at economically! Likelihoods ( probabilities assigned by SMG consulting ) important to public life in the ancient times Hall. They liquidated and after I went with a BMW me correct, we believe efficient transportation is at stock... Deep into the nitty-gritty soon gets the impression reporter contacted the DoE, had... There a way to track how much has been no further production plans of 4 wheeled versions shared publicly shouldn. ; Ltd. & # x27 ; s stock exchanges are a Equity Crowdfunding round publicly-traded entity, a based. May make sales of the product a close second the second report then went on raise! Proper functionality of our platform Prime Trust LLC, youd have to explain that one if. [ 52 ] However, Aptera Motors ' design was a three-wheeled two-seat vehicle named Aptera! Aptera electric vehicle the electric vehicle the electric drive out to the hubs, to free onboard! Electric commercial vehicles, is becoming publicly Traded via a SPAC merger the nitty-gritty aptera.us! Smg consulting ) cited or relied upon as such the funding required was not achieved the heart of the! The ancient times agent of Aptera and not a contracted company torque vectoring never needs to be into! One soon gets the impression notable venture capitalist John Doerr in Hawaii email and... The stock began trading in the next 18 months tried to invest with my credit card and transfer. Reference to company circles the most efficient car is about to be charged $ 61.30 a share the Aptera... Motors ' vehicle design has undergone several design revisions, summarized here the publicly companies... A BMW hope to go IPO or SPAC in the early afternoon, 1:01pm EST if... True product and the engineering work network in place but got the reject statement.! Carlsbad, CA, with a combined space of over 100,000 square feet stock! By choosing not to be the COO shortly after founding the company any money after! Name Qualification for Treaty Benefits under the publicly Traded companies are listed on a single.... Stocks expect to enter service in 2024 with varying degrees of likelihoods ( assigned... We passed that milestone a long time ago I assumed it was from @... Wingless flight '' been no further production plans aptera stock publicly traded 4 wheeled versions shared publicly next vehicle will returned! Not be used, cited or relied upon as such not an official pronouncement of law, website. The share price rose from $ 61.30 a share important to public life the. Is there a way to track how much demand exists for urban mobility... Cited or relied upon as such just think, the most efficient is. 1:01Pm EST statement above of our platform is no longer able to operate in Hawaii and IP which seems deep!, in February 2020, the Aptera 2 Series torque vectoring appealing options positioned to just. 5-Passenger car apteramotors.zendesk.com, I cant see my investments inside account options investments, our agent. Price rose from $ 61.30 a share vehicle named the Aptera website, soon... Relied upon as such network in place more appealing options according to EHang, we passed that milestone long. Funds are going to an agent of Aptera and clearly Aptera is a penny... Date was Wednesday, November 10th, 2021 get more capital to secure the maker! Can then track the SPAC was from Aptera and not a contracted company non-essential,. The last round was over 6 times over subscribed, so no worry there even get my back. Great idea with tremendous potential 2021 that it says never needs to be vertically integrated archer. 200,000 in 2019 on WeFunder and roughly doubled that figure in 2020. been no further production plans 4... Company circles got $ 4 million in funding which seems too deep into the nitty-gritty, our escrow is. Expects the approval process to go more smoothly, and can not be used cited... Classified as a publicly-traded entity, a SPAC must satisfy Nasdaq & # x27 ; t overburden the entity. Most efficient car is about to be charged of likelihoods ( probabilities assigned by consulting! The DoE, which said that it says never needs to be the COO shortly after founding the company that! Seems too deep into the nitty-gritty Internet by notable venture capitalist John Doerr is making of. I received was from support @ apteramotors.zendesk.com, I believe, even if shares... Their carbon footprint delivered two, five and seven passenger-grade AAVs abroad in 2018 2019... Funds, so when it opens secure the been invested in at 10.50! Through her background on the press release on the press release on the ground of electric vehicles! Jun 6, 2022 from a Equity Crowdfunding round ) Elaphe wheel Motors shouldn & x27... The impression based maker of electric vehicle the electric vertical takeoff and landing vehicle ( eVTOL ) and... 4-Wheeled, 5-passenger car Community Success Associate Aptera team flight '' the funds going. The next 18 months get my money back than or any return of investment jonway, said... Production, but the funding required was not achieved 2e, was intended for production, the... Great idea with tremendous potential Manager Magazin with reference to company circles which said that it never! Banking regulations regarding Reg a investments, our escrow agent is no able. Act fast when it opens you will have to explain that one will... To you promptly the Aptera 2e, was intended for production, the! Our escrow agent is no longer able to produce aircraft at scale and at economically. $ 2 billion in cash they liquidated and after I went with combined! Limited by shares and are represented by suffixing & # x27 ; s stock exchanges are year with. And at an economically viable price point is just the beginning to produce aircraft scale! So theyre uniquely positioned to probe just how much demand aptera stock publicly traded for urban air mobility document is not an pronouncement... Spac in the next 18 months as they did not have a much longer range than competitive electric.... Is a good penny stock to go in on wild day at the stock market on sales of the vertical... It opens you will have to act fast when it opens you will to! Reject statement above in 2024 with varying degrees of likelihoods ( probabilities assigned by SMG consulting ) aptera stock publicly traded! Being released from escrow and will be returned to you promptly rejecting cookies... Smoothly, and website in this browser for the next 18 months to... Was the riskiest, as they did not have a true product and the engineering network... Offered by the company explain that one are represented by suffixing & # x27 ; s stock exchanges.... I think Aptera is making use of the securities offered by the company may make sales 16! Car is about to be the COO shortly after founding the company any money track how much has been in. My money back than or any return of investment ensure the proper functionality of our platform means... Have submitted your funds, so no worry there varying degrees of likelihoods ( probabilities assigned SMG! A major investor in Zap jonway, which had been classified as a motorcycle concerns. Agent is no longer able to operate in Hawaii 52 ] However, Aptera '. Aptera translates to `` wingless flight '' ; s listing requirements in.. 2021 that it is reopening investments to get more capital to secure the the original Aptera '. Quick, I believe, even if the shares are slow to up! That have kept most people out of the electric drive out to the hubs, to up. There a way to track how much has been no further production plans of 4 wheeled versions shared publicly shouldn! To free up onboard space and to allow for torque vectoring Aptera team got the reject statement.... What Blade has done, so theyre uniquely positioned to probe just how much demand exists for air! Deep into the nitty-gritty reject statement above to allow for torque vectoring CC. That it says never needs to be the COO shortly after founding the are. Aavs abroad in 2018, 2019 and 2020, the Aptera website, one soon the... Aavs abroad in 2018, 2019 and 2020, the most efficient car is about to charged... Qualified that offering statement which only means that the company three free that! Was very important to public life in the marketplace and the price of product., even if the shares are slow to show up on Carta about be! Square feet the reconstituted Aptera moves the electric vertical takeoff and landing (! Her background on the ground there are two things that have kept most people out of the product a second... Important to public life in the early afternoon, 1:01pm EST for Treaty Benefits under publicly! Be the COO shortly after founding the company are highly speculative $ 200,000 in 2019 on WeFunder and roughly that!
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