How do you plan to use the proceeds from this funding round?

The proceeds from this current offering are a crucial bridge to our next, larger funding round. This capital is not intended to fund our entire 24-month plan, but rather to accomplish a specific set of critical near-term milestones that maintain our momentum and significantly de-risk the company for the next stage of investment.

Specifically, these funds will be used to:

• Proceed to Detailed Engineering: Progress with the production-intent engineering blueprints for the H1-X, translating our proven prototype design into a fully-documented, certifiable aircraft.

• Expand Core Engineering Team: Hire key personnel with expertise in areas like FAA certification, avionics integration, and manufacturing processes.

• Prepare for Reg A Offering with a higher valuation: Cover the substantial legal, accounting, and compliance costs associated with preparing and launching our planned $45 million Reg A funding round.