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§ Private Profile · Los Angeles, CA, USA
Designs and manufactures turbine-powered micro VTOL aircraft and jetpacks for military, entertainment, and personal use, all designed.
JetPack Aviation has raised $2.3M across 3 funding rounds.
Key people at JetPack Aviation.
JetPack Aviation was founded in 2016 by David Mayman (Founder) and Boris Jarry (Founder).
JetPack Aviation has raised $2.3M in total across 3 funding rounds.
JetPack Aviation designs and manufactures turbine-powered micro VTOL aircraft, including jetpacks and personal flying vehicles, from its base in Ventura, California, USA. The company specializes in developing compact, high-performance craft such as the JB-9 and JB-12 jetpacks, and is also developing the SPEEDER aircraft. With an estimated revenue of $7.6 million and a team of approximately 12 employees, JetPack Aviation serves both military and entertainment sectors. They have secured military sales, including two JB-12 jetpacks for $400,000 each to a Southeast Asian country, and have been featured in entertainment events with partners like Red Bull. Engineer Nelson Tyler contributes to their design efforts. JetPack Aviation was founded in 2016 by David Mayman and Boris Jarry. Its business model centers on sales of jetpacks and VTOL aircraft to military and entertainment clients, additionally offers JetPack Pilot training and sponsored flights.
JetPack Aviation is a pioneering company specializing in the development of personal vertical takeoff and landing (VTOL) aircraft, commonly referred to as flying motorcycles or jetpacks. Founded in 2016 and based in Los Angeles, the company focuses on building the smallest, fastest, and safest turbine-powered VTOL aircraft that can operate in urban environments without the risks associated with traditional rotor systems. Their products serve a niche market that includes enthusiasts, special forces, and potentially urban air mobility sectors, addressing the problem of personal rapid transport and heavy-lift VTOL capabilities in congested areas. JetPack Aviation has demonstrated significant growth momentum through successful prototype flights, including the world’s first FAA-approved jetpack flight around the Statue of Liberty and ongoing development of advanced models like the JB9, JB10, and the Speeder flying motorcycle[1][2][4].
JetPack Aviation was founded by David Mayman, a former management consultant turned aviator and entrepreneur, who began working on jetpack technology as early as 2006. Mayman holds multiple pilot certificates across several countries and has a passion for aviation innovation. The company’s inception was driven by the vision to create a truly man-portable turbine-powered VTOL device, culminating in the JB9 jetpack. Early milestones include Mayman’s historic 2015 flight around the Statue of Liberty, which garnered global attention and validated the technology. The company’s co-founder, Nelson Tyler, brought decades of experience in stabilized camera systems for helicopters, contributing to the design and engineering excellence of the jetpacks. Their early traction included contracts with U.S. Navy special forces and participation in the Y Combinator accelerator in 2019, which helped secure funding and accelerate the development of the Speeder flying motorcycle[1][3][4].
JetPack Aviation is riding the wave of growing interest in personal air mobility and urban VTOL solutions, a sector gaining momentum due to urban congestion, advances in battery and turbine technology, and regulatory progress. The timing is favorable as cities and governments explore new transportation paradigms to reduce traffic and emissions. By focusing on turbine-powered jetpacks and flying motorcycles, JetPack Aviation differentiates itself from electric rotorcraft and drone-based air taxis, offering higher speed and payload capacity. Their innovations contribute to the broader ecosystem by pushing the boundaries of what personal VTOL aircraft can achieve, influencing regulatory frameworks, and inspiring new use cases in logistics, defense, and recreation[1][2][4].
JetPack Aviation is poised to expand its influence as it continues to develop and commercialize its Speeder flying motorcycle and next-generation jetpacks. Future trends shaping their journey include advancements in turbine efficiency, autonomous flight capabilities, and urban air traffic management systems. The company’s vision to create a JetPack Racing League could also catalyze public interest and accelerate technology adoption. As urban air mobility evolves, JetPack Aviation’s unique approach to VTOL aircraft positions it well to capitalize on emerging markets for personal and heavy-lift aerial transport, potentially transforming how people and goods move in dense urban environments[3][4].
Key people at JetPack Aviation.
JetPack Aviation has raised $2.3M across 3 funding rounds. Most recently, it raised $2.0M Seed in November 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2019 | $2M Seed | — | Uncorrelated Ventures, George Burke, Cathexis Ventures, Draper Associates, Jaan Tallinn, Y Combinator | Announced |
| Mar 7, 2019 | $150K Venture Round | Y Combinator | — | Announced |
| Mar 1, 2019 | $150K Seed | — | 305 Ventures, 9Yards Capital, Arrive, Bora&sons, Casa Verde Capital, Cosmic Venture Partners, Craft Ventures, Draper Associates, Elefund, FPV Fund, Index Ventures, Koch Fund, KRM Interests LLC, LAUNCH, Moonshots Capital, Neotribe Ventures, Scott Sandell, Offline Ventures, Otherwise Fund, Queensbridge Venture Partners, Ribbit Capital, Sequoia Capital, Howard Lindzon, Summit Partners, Susa Ventures, Susquehanna Capital, Thrive Capital, Venture Development Partners, Aaron Levie, Jared Leto, Todd Corenson, Yajur Sehgal | Announced |
JetPack Aviation was founded in 2016 by David Mayman (Founder) and Boris Jarry (Founder).
JetPack Aviation has raised $2.3M in total across 3 funding rounds.
JetPack Aviation's investors include Uncorrelated Ventures, George Burke, Cathexis Ventures, Draper Associates, Jaan Tallinn, YC, Y Combinator, 305 Ventures, 9Yards Capital, Arrive, Bora&Sons, Casa Verde Capital.