teTra aviation corp.

teTra Aviation Corp. is an innovative company specializing in the development of electric vertical takeoff and landing (eVTOL) aircraft, focusing on sustainable personal air transportation solutions. teTra Aviation Corp. focuses on the design and manufacturing of eVTOL aircraft.

Founded in 2018, the company is headquartered in Tokyo, Japan. The firm has completed three deals, with the most recent funding round occurring on June 21, 2022, where it raised JPY 450 million from investors including Kyowa Technica and Mitsubishi Gas Chemical. The CEO of the company, Tasuku Nakai, is instrumental in steering the firm towards its growth objectives. teTra Aviation Corp.

specializes in the development of advanced electric vertical takeoff and landing (eVTOL) aircraft, particularly the Mk-5, a single-seat full electric kit-plane. The Mk-5 is classified as homebuilt or experimental in the United States, targeting aviation enthusiasts and homebuilders interested in innovative technology. It has a maximum take-off weight of 200 lbs (90. 7 kg) and a range of 160 km (100 miles), achieving a cruise speed of 100 mph (160 km/h).

The company aims to cater to markets with active aviation communities, especially in the United States and select European countries with supportive regulatory frameworks. teTra Aviation Corp. generates revenue primarily through direct sales of the Mk-5 eVTOL aircraft. Customers purchase this kit-plane, which allows for customization in alignment with homebuilt classification guidelines.

The clientele includes individual aviation enthusiasts, aviation schools, and builders of experimental aircraft. The sales process may involve direct transactions where customers acquire the kit and may also engage in additional services such as training or operational support. The pricing model reflects the unique specifications of the Mk-5, targeting the specialized aviation market. Following the recent funding round in June 2022, where teTra Aviation Corp.

raised JPY 450 million, the company aims to leverage these funds for growth opportunities. Plans include the development of new products within the eVTOL category, targeting a wider range of customers. The company seeks to expand into emerging markets with active aviation sectors, particularly in the United States and certain European regions. The capital raised will support these strategic initiatives and enhance the company’s presence in the competitive eVTOL market.