AirShip Technologies Group

AirShipTG is seeking to raise venture capital to complete product design and prototype development of our Delorean ATG vehicle.  This will set the stage for cost planning, production, commercialization and sales efforts.  AirShipTG is unique in the marketplace whereby no other company is providing a product to the sustainable transportation segment that uses Spherical Induction Motor (SIM) vehicular maglev propulsion. 

This solution changes the rules of the game in how vehicles travel, how variable sized vehicles including long haul maglev electric trucks can maintain hyper-efficiency, and populations can reduce or eliminate their use of hydrocarbon-producing green house gases (GHG’s).  The firm expects to achieve profitability by 2012.  Worldwide, AirShipTG is projecting revenues of $215M in its fifth year of operation with 207,941 maglev drivetrain motors and replacement parts deployed to vehicle manufacturers (domestic and international).  See the AirShipTG Investment Prospectus for a detailed cash flow and economic analysis.

Since the beginning, AirShipTG's founding members and the OTI team have contributed approximately $375,000 in venture capital and Open Technology Manufacturing (OTI) in-kind team services.  Additionally for capital consideration, the Berry Track Sphere Assembly Drive Train patent pending application will be transferred to the AirShip Technologies Group, LLC.  AirShipTG is seeking capital of $8 to $10 million, with the first wave of investment going to finalize the vehicle’s SIM Track Sphere drive train assembly through test, production and FHA certification.

For a variety of reasons, both economic & technical, there is currently a small window of opportunity to set a new propulsion standard in the transportation industry. To do it, AirShip will need at least the following 5 factors to be successful:

1. Sufficient capital to launch the venture.
2. A demonstrably superior solution to the competition, but one that is less complex and low maintenance.
3. Track Spheres available in the market before major manufacturers commit to mass production of alternative hyper efficient electrical wheel technology.
4. Drive the launch with a clever marketing campaign to capture the imagination of the marketplace, and
5. Have low barriers for public acceptance, i.e., price and an evolutionary path to a sustainable electrical replenishment infrastructure.