NEWSLETTER: NOEMI is gaining momentum

NOEMI IS GAINING M,OMENTUM, AND THIS YEAR HAS BEEN A BLAST.
Thank you for listening in and reading our updates. In this one you will get an update on:

70 percent of the planet is a potential runway.52 soft orders signed and the list continues growing.
Successful subscale test. Design phase locked.
Funded by founders and government programs, Elfly is now entering the next phase raising capital and partnerships to reach first flight.
A question and a favour.

70% OF THE PLANET IS A POTENTIAL RUNWAY.

80 percent live less than one kilometer from water, sea or a river. We believe this is by far the best segment to electrify first within aviation. ..because of the business case!

The existing seaplane routes are shorter and prices are higher.
The median existing seaplane route in the US is 75km.
Ticket prices of about $280 one way for a 20 min leg.

Our tool developed for NEA (Nordic Electric Aviation, Nordisk ministerråd ) unveils how disruptive a “go anywhere plane” can be. With an energy effective Noemi with no need for expensive new runways on land it opens up for quite a few possibilities. “You got me convinced” is a sentence the team often receives from customers and strategic partners all over the world. Our digital tool reveals insight that nobody has had before.

52 SOFTORDERS AND COUNTING.

Noemi is targeting a lagging industry that hasn’t seen any innovation in about 50 years, and operators are struggling with high maintenance and operating costs of a fleet that is 30 to 70 yrs old. If you also add a regulatory push towards cutting pollution and noise, we have seen a market push back, but with some very profitable markets like the US and the Maldives maintaining their business case. In less than a year, we’ve built strong momentum: 52 soft orders and 5 MoUs across 6 countries on 3 continents.

SUCCESSFULL SUBSCALE TEST AND DESIGN PHASE LOCKED.
Water tank, wind tunnel test, wave tank, subscale test - we have done it all with great results. With a Lift/drag ratio of 16 we have closed the design phase. We can’t wait to continue building the first prototype.

We will keep you posted!

STRATEGIC PARTNERS AND INVESTORS.
As Elfly is heading for the next phase, we are welcoming potential partners and strategic investors.

Funding round
While sales and MOUs has been our strategic focus we are now shifting focus to welcome partners for the future of aviation

Backed by aviation specialists, we are raising $10-20M in capital that will take us past our first major milestone of flying a full scale prototype in 2027, unlocking new investments.

We have, already, $13M of available funds from founder guarantees and govt grants. For new investors, we would like to balance capital, credibility, and strategic value.

An ask
If you have anyone you think should be introduced to the concept, Noemi, the Team or as an investor, do not hesitate to reach out. We need all the help we can get from our friends and ambassadors. We hope to see you again or for the first time at our next event.