Blueflite Launches Equity Crowdfunding Campaign on StartEngine

Blue­flite, an advanced US logis­tics drone plat­form provider for faster, more cost-effec­tive, and sus­tain­able deliv­er­ies, announced last week that it has launched an equi­ty crowd­fund­ing cam­paign on the StartEngine plat­form.

Found­ed in 2018, blue­flite is trans­form­ing the car­go drone logis­tics space with faster, safer, and more sus­tain­able deliv­ery solu­tions. The patent­ed, all-elec­tric drone tech­nol­o­gy fea­tures ver­ti­cal take-off and land­ing, vec­tored thrust, enclosed car­go hold and advanced arti­fi­cial intel­li­gence.

Accord­ing to recent stud­ies, the drone mar­ket is expect­ed to more than triple over the next five years. Addi­tion­al­ly, the Nation­al Aero­nau­tics and Space Admin­is­tra­tion (NASA) has stat­ed its vision for the Advanced Air Mobil­i­ty ini­tia­tive is to map out a safe, acces­si­ble, and afford­able new air trans­porta­tion sys­tem through unmanned air­craft cor­ri­dors.

Once devel­oped, car­go drones will be able to eas­i­ly oper­ate in cities and rur­al areas to stream­line logis­tics for rapid pack­age deliv­ery, emer­gency response and even aid in dis­as­ter relief.

While the drone indus­try has been tru­ly estab­lish­ing itself over the past few years, blue­flite has been on the ground floor. The com­pa­ny has already raised sev­er­al mil­lion dol­lars through grants and vision­ary investors, includ­ing Tech­stars and C‑level exec­u­tives.

Now the com­pa­ny is launch­ing an equi­ty crowd­fund­ing cam­paign with StartEngine.com to raise cap­i­tal toward grow­ing the busi­ness. The com­pa­ny has been live and oper­at­ing for more than four years and is already gen­er­at­ing rev­enue.

Hav­ing recog­nised ear­ly the gap in the car­go drone mar­ket, the com­pa­ny has since part­nered with impor­tant play­ers in the logis­tics space. Blueflite’s cus­tomer base find rev­enue gen­er­at­ing appli­ca­tions in smart city func­tions and for life­sav­ing, med­ical deliv­er­ies.

Blue­flite co-founder and CEO Frank Nop­pel com­ment­ed: “In 2021, 159 bil­lion parcels were shipped world­wide, and the num­ber is set to grow to 256 bil­lion by 2027. That vol­ume of deliv­er­ies may not be sus­tain­able and many of today’s meth­ods for deliv­ery are cost­ly and slow.

“Drones can auto­mate the process for faster and more effi­cient, sus­tain­able pack­age deliv­ery. Peo­ple who believe in the future of mobil­i­ty automa­tion can now use this unique oppor­tu­ni­ty to be part of our vision for a more sus­tain­able future.”