Airspace Experience Technologies (ASX) Analysis
Airspace Experience Technologies (ASX) is a pioneering aviation technology startup with a mission to revolutionize the way people and goods are transported. Headquartered in the historic Detroit City Airport, the company is focused on developing an electric vertical take-off and landing tilt-wing (eVTOL) aircraft named Sigma-6. The ultimate goal is to introduce fleets of eco-friendly and efficient aircraft that will significantly reduce commute times, transform logistic operations, and enable zero operational emissions.
ASX aims to offer a cleaner, faster, and more affordable transportation alternative, utilizing a perfect fusion of automotive grade innovation and aviation technology. The company envisions moving people and cargo 5x faster than driving at the same cost per mile, thereby re-imagining urban mobility.
Founded in 2017, ASX is headquartered in the United States and has recently secured a Venture Round investment from GreyX Group in February 01, 2023. This investment underscores the confidence of leading venture capitalists in ASX's vision and technological capabilities.
By creating job opportunities and contributing to sustainable growth in Detroit, Michigan, ASX is not only innovating in aviation technology but is also playing a pivotal role in driving positive economic impact in the region.
The company's commitment to eco-friendly aviation technology and its potential to transform urban mobility make ASX an exciting prospect for investors seeking to support innovative and sustainable transportation solutions.
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