Pegasus

About Pegasus

Pegasus Aerospace Corp is pioneering a new era of personal transportation with innovative multi-modal vehicles like the Pegasus-E, a drivable VTOL flying car that requires no runway. Their mission is to provide practical, safe, and efficient air mobility solutions by combining proven aviation and automotive technologies, focusing on immediate feasibility and future compatibility.

Products & Services

Pegasus-E:The world's first drivable VTOL flying car that fits in a garage, with hybrid power (electric on road, conventional fuel for flight), a 3-hour+ flight range, and vertical take-off/landing capabilities. Designed for safety and consumer usability, with applications in urban transport and emergency services.

Pegasus Air-Taxi:A 4-seater air taxi in development, aimed at short-haul point-to-point services, with a prototype expected by the end of 2023 and commercialization targeted for 2024.

Specialties

VTOL (Vertical Take-Off and Landing) technology Hybrid propulsion systems Multi-modal transportation (drivable and flyable vehicles) Semi-monocoque chassis design Long-range flight capabilities Safety and regulatory compliance in aviation

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Crowdfunding T: - FT: Crowdfunding	A: 39000000 MR: - FA: $39 million FAN: 39000000	D: 2024-10-25 FD: 2024-10-25	-
2	RT: Regulation CF Crowdfunding T: - FT: Regulation CF Crowdfunding	A: 300 MR: - FA: Starting at $300 FAN: 300	D: 2024-06-17 FD: 2024-06-17	-

Crowdfunding Latest

2024-10-25

$39.0M

Regulation CF Crowdfunding 2024-06-17

$300

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

M

Michael Walton Yang

Director/CEO

P

Peter Schaefer

Structural Engineer

M

Mark Rindel

Aeronautical Engineer/ Test Pilot

J

Jacky Yang

CTO/Test Pilot

I

Ibrahim Mabroor

Electrical Engineer

Z

Zhou XinSheng

Mechanical Engineer

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Recent News

Pegasus Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised