Airspace Experience Technologies (ASX) is a pioneering company in the aerospace sector, focusing on the development of electric Vertical Take-Off and Landing (eVTOL) aircraft. Based in Detroit, Michigan, ASX aims to revolutionize urban air mobility by providing efficient and sustainable solutions for both cargo and passenger transport. The company operates in the emerging market of smart city technologies, where it seeks to alleviate ground traffic congestion and reduce carbon emissions through advanced air mobility solutions.

ASX's business model revolves around the design, development, and eventual commercialization of its eVTOL aircraft, notably the Sigma 6 prototype. The company plans to generate revenue through the sale and leasing of these aircraft, as well as offering air mobility services. ASX targets a diverse client base, including logistics companies for cargo transport and urban commuters for passenger services. The company is also engaging with regulatory bodies like the Federal Aviation Administration (FAA) to ensure compliance and certification, which is crucial for its market entry.

ASX has already demonstrated a subscale proof of concept and is in the process of building and testing a full-scale prototype. The company aims to begin cargo deliveries by 2024 and passenger transportation by 2025. To support its ambitious goals, ASX is actively seeking investment and has filed a Form C with the Securities and Exchange Commission under Rule 506c of Regulation D.

Key milestones include the successful demonstration of its tilt-wing eVTOL technology and ongoing efforts to secure FAA certification. ASX is positioning itself as a key player in the future of urban air mobility, contributing to the development of smart cities.

Keywords: eVTOL, urban air mobility, Sigma 6, cargo transport, passenger transport, smart cities, FAA certification, aerospace, Detroit, sustainable aviation.