Projected: 500 aircraft, $100M revenue annually by 2027.
2
350 aircraft orders secured, with an additional 1,200 in progress
3
Panhwar Jet is supported by venture capital and several family offices.
4
At Panhwar Jet, every aircraft is designed and built in the USA to uphold the highest standards of quality and innovation.
5
Through groundbreaking engineering, we've lowered the manufacturing cost per aircraft to an impressive $30K.
6
Panhwar Jet is the creation of seasoned technology entrepreneurs with two successful exits under their belts
7
Securing a 220-acre regional airport to begin manufacturing operations by Q1 2025.
Featured Investors
Valkyrie group
Invested $1,075,000
We are committed to supporting Panhwar Jet and realise the full potential of such a revolutionary technology in electric aviation.
Bridge Capital Partners
Invested $360,000
We are extremely excited about the future of this company. The leadership team has demonstrated remarkable vision, ingenuity, and determination. The ability to manufacture in the USA at a fraction of the cost of competitors speaks volumes about the company's efficiency and commitment to reshaping the industry. I’m confident in Panhwar Jet’s potential to lead the future of logistics and transportation, and I’m proud to be part of this exciting journey.
Higgings Investment
Invested $300,000
As an investor in Panhwar Jet, I’m thrilled to be part of such an innovative and ambitious company. The team’s commitment to developing the most advanced all-electric unmanned cargo aircraft is impressive, and it’s clear that they’re set to disrupt the global express delivery market. . We are proud to support Panhwar Jet as they continue to lead the way in the future of aviation and logistics.
TMG Capital
Invested $200,000
Investing in Panhwar Jet has been one of the most rewarding decisions we have made. The company’s relentless focus on innovation, cost-efficiency, and disrupting the logistics space with their all-electric cargo aircraft is inspiring. With a proven leadership team and a product that meets a critical market need, Panhwar Jet has a bright future ahead, and I am confident that this investment will pay off substantially.
Panhwar Jet Team
Ayisha Panhwar | Co-Founder & Chairwoman
I’m Ayisha Fareed Panhwar, Co-Founder and Chairwoman of Panhwar Jet. I’m a serial entrepreneur with two successful exits in technology business. With 20 years of experience in Systems Engineering and AI, I am leading the development of the aircraft's control systems.
Nick Panhwar | Co-Founder & Interim CEO
I’m Nick Panhwar, Co-Founder, Chief Engineer, and Interim CEO of Panhwar Jet. Like Ayisha, I’m a serial entrepreneur with two successful exits in technology. My role involves overseeing the development of the aircraft's propulsion system and airframe.
Ryan Higgins | Chief
Strategy Officer
I’m Ryan Higgins, Chief Strategy Officer at Panhwar Jet. With 20 years of experience in renewable energy and guiding companies to IPOs, I’m focused on building strategic partnerships with leading logistics companies.
Carlos Said | Board of
Advisor
I’m Carlos Said, an investor and advisor to Panhwar Jet. My background is in international business and helping companies go public. At Panhwar Jet, I focus on advising and negotiating contracts with multinational organizations.
We recognized that to develop all-electric cargo aircraft, we needed a highly efficient propulsion system—heavy batteries simply wouldn’t suffice.
Our Story
*Step One:* Completed
We began by creating an onboard power generation system, reducing battery requirements by up to 70%.
*Step Two:* Completed
Next, we designed custom electric motors that require less power while generating more torque, enhancing flight time.
*Step Three:* Completed
We then tested propeller blades optimized for electric motors, maximizing efficiency and achieving higher speeds.
*Step Four:* 90% Complete
We’re excited to share that 90% of our components are now crafted in carbon fiber, and 70% of the assembly is complete. With the final touches underway, we’re gearing up for taxi run tests in the very near future.
*Step Five:*
The final step is to lease these cargo aircraft, generating profits for everyone involved.
Join us now, and let’s enjoy the benefits of Step Five together!
Panhwar Jet Gains Strong Backing from Utah Legislators as It Advances Aerospace Innovation
Over 15 Utah legislators recently visited our facility, expressing strong support and enthusiasm for Panhwar Jet’s cutting-edge innovations. They were impressed by our all-electric cargo Aircraft technology, recognizing its potential to revolutionize logistics and strengthen Utah’s position in aerospace innovation.
Panhwar Jet was featured in Utah Business Magazine and The World’s Leaders,
Where our groundbreaking work in all-electric cargo aircraft was highlighted. These publications recognized Panhwar Jet’s potential to transform logistics and the aerospace industry, positioning us as a leader in next-generation, sustainable transportation solutions.
Risk Disclosure for Panhwar Jet Offerings
Important Information for Investors
At Panhwar Jet, we are committed to transparency and want to ensure that our investors are fully informed about the potential risks associated with our offerings. While we believe in the value and potential of our business, it is essential to consider the following factors before making an investment decision:
1
Investment Liquidity: The investments may be illiquid, which means they could be challenging to sell or convert into cash quickly. Investors should consider their own financial situation and ability to hold investments for an extended period.
2
Market Factors: The value of investments can be influenced by market conditions. While past performance can provide insight, it does not guarantee future results.
3
No Guaranteed Returns: Although we strive for success, there are no guarantees of profit. All investments carry inherent risks, and it is possible to experience a loss.
4
Regulatory Environment: Changes in laws and regulations can affect our operations and the overall investment landscape. We take compliance seriously and monitor these factors closely.
5
Business Development: As a growing company, Panhwar Jet may face challenges typical of developing businesses, including competition and the need for market acceptance. We are dedicated to navigating these challenges effectively.
6
Investment Suitability: We encourage all investors to assess the suitability of our offerings based on their individual financial situations, goals, and risk tolerance. Consulting with a financial advisor can be beneficial in this process.
Commitment to Investors
We appreciate your interest in Panhwar Jet and our offerings. By considering these factors, we aim to help you make informed investment decisions. Our team is dedicated to achieving value and success for our investors, and we are here to answer any questions you may have.
For further information or inquiries, please contact us.
Strategic Plans for a Major Logistics Hub
We are actively working on acquiring a 220-acre local airport to establish a strategic logistics hub. This transformative initiative is a core part of our vision to integrate unmanned aircraft technology into large-scale supply chain operations.
350 Pre-Orders Secured from a Leading Middle Eastern Food Company
Panhwar Jet is proud to announce a major achievement: 350 pre-orders for our cutting-edge cargo unmanned aircraft from a prominent Middle Eastern food company. This partnership underscores the trust in our innovative technology to transform logistics in the food industry by improving efficiency and sustainability.
Exciting Milestone at Panhwar Jet!
We just achieved a significant step forward with our thruster installation. After powering it on for the first time, we’re thrilled with the results – not only did it perform well, but it was remarkably quiet while running at 500 RPM.
After three intense months, we’re thrilled to announce the completion of all components for our **remotely operated all-electric cargo aircraft prototype**! This milestone includes our custom-built thruster and specially designed blades—both engineered entirely in-house for optimal performance and efficiency.
May Milestones: Panhwar Jet Hosts Legislators and Achieves Major Progress in Transportation Innovation
The month of May was indeed a busy one for us, marked by significant milestones and achievements. From reaching major milestones to hosting a dozen legislators and House Representatives, it was a period of intense activity and fruitful interactions.
Discussing Zero-Emissions Logistics: Panhwar Jet Meets with Congressman Owens to Support Utah’s Inland Port and 2034 Winter Olympics
Last week, we had a productive meeting with Congressman Burgess Owens discussing how Panhwar Group / Panhwar Jet can support Utah’s mission of developing an inland port and transforming it into a zero-emissions massive logistics hub, alongside backing Utah's Winter Olympics in 2034.
Driving Forward: Panhwar Jet Hosts Governor Candidate Phil Layman and Lt. Governor Candidate Natalie Clawson, Cementing Vision for Sustainable Logistics in Utah
We were honored to welcome Phil Layman, candidate for Governor of the State of Utah, along with his running mate Natalie Clawson, candidate for Lieutenant Governor, to our facilities.
Exciting Milestone: Filing for FAA Experimental Certification for Panhwar Jet Prototype
I'm thrilled to announce that we've
officially filed for FAA experimental certification for our Panhwar Jet prototype, which is set for
its maiden flight in July 2024, expected to last a remarkable six hours. This is a major step toward
achieving our mission of revolutionizing aviation.
The mantra of "never give up" has been our guiding light throughout our
journey!!!!
From the outset, we understood that
building an airplane would be anything but easy. Here's yet another testament to our unwavering
determination: After finalizing our custom high-torque electric motors, our next challenge was to
procure custom propeller blades for optimal efficiency.
Overcoming Challenges: Building Electric Aircraft Molds in Record Time and Budget
I've always believed that where there's a will, there's a way, and unseen forces will guide us. This rings especially true for our latest project.
Our latest breakthrough in aviation manufacturing!
I am thrilled to share our latest breakthrough in aviation manufacturing! Witness how our team at Panhwar Jet is pushing the boundaries with the second prototype of the Panhwar Jet, leveraging 3D printing to redefine what's possible.
Senator Harper Visits Panhwar Jet Hangar, Discusses Growth and Sustainable Aviation
We are grateful for Senator Harper's visit to our hangar today. It was a productive discussion focused on the potential for growth and scaling of Panhwar Jet's manufacturing in the coming months. This expansion is not only expected to create numerous job opportunities but also to contribute significantly to the economy.
Panhwar Jet Team Meets with Utah Lawmakers on Utah State Capitol Hill
Delighted to announce our partnership with Ross Group
Delighted to announce our partnership with Ross Group, our esteemed advocate in Utah and beyond. Their unparalleled expertise in technology lobbying is crucial as we bring our cutting-edge propulsion technology to the forefront of the hashtag#CleanEnergy movement.
our groundbreaking proprietary propulsion system
Panhwar Jet we hosted a remarkable event where we unveiled our groundbreaking proprietary propulsion system with an astounding 78% efficiency rate. This innovation enables us to extend flight times by a whopping 6 times compared to our competitors.
Exciting News! Our Matt Black Plane Arrives this Friday at our Hangar!
Dear LinkedIn Network,
Our highly anticipated Matt Black plane will arrive at the Hangar at Skypark Airport on Friday.
Help Us Decide: Black or White for Our Panhwar Jet Prototype?
We are thrilled to announce that our fuselage is nearing completion and soon be ready for paint. As you may know, our branding revolves around the color Black. However, we've received suggestions to consider White as an alternative option.
Welcome Aboard, Steve Larson: A Veteran Aviator Joins Our Team!
Steve has 30 years of extensive experience and knowledge in the aviation industry. He led all aviation capability development and sustainment efforts. He will be helping us manufacture our long-range electric aircraft and leading the effort to get FAA certifications.
Welcome Jared Esselman: Panhwar Jet's New Aviation Advisor and Inaugural Pilot
We are thrilled and honored to have Jared Esselman join Panhwar Jet as Aviation Advisor. He will be taking our first flights as a pilot.
UCI Honors Panhwar Jet's Startup Journey: A Grateful Reflection and Celebration
We are truly honored and humbled to reshare this post by UCI about our journey and accomplishments as a startup at Panhwar Jet We thank you for your support over the years and well wishes!
CEO of Panhwar Jet Featured as a Leading Woman in Aerospace and Aviation: World's Leaders® Magazine Cover Story, 2023
We are honored to share this post, featuring our CEO on the cover page of the most prominent World's Leaders® Magazine as the "World's Influential Women in Aerospace and Aviation Industry, 2023."
Panwhar Jet's Thrilling Move to Skypark Airport: Expanding Horizons in Utah's Aerospace Hub
Exciting news, we have moved to Hangar at Skypark Airport in Woods Cross, Utah. Our engineering team has started work on our fuselage and propulsion system manufacturing.
Unveiling Panhwar Jet’s new awesome design after finalizing it’s propulsion system.
The aircraft would be propelled by 2 sets of 3 thrusters. The first pre-production aircraft scheduled to be manufactured in 18 months.
Utah magazine
We are excited to share with you all that Panhwar Jet’s CEO took the front cover of Utah Business magazine in the January 2022 edition.
Panhwar Jet’s Wind Powered Energy Generation System
It was a pleasure to host our investors, owners/executives of prominent energy companies, and independent industry experts for a demo of Panhwar Jet’s Wind Powered Energy Generation System.
James
Isn't onboard power generation another name for perpetual motion? Energy isn't free so how is it being generated?
Panhwar Jet Team
Our onboard power generation system is not a perpetual motion machine.
It works by utilizing energy, converting it into maximum force, and leveraging that force through three mechanical advantages to efficiently generate electricity. This process follows the laws of physics, as it requires input energy to produce output—there are no violations of thermodynamic principles.
To help illustrate, think about a wind turbine: wind alone doesn’t have enough energy to directly generate megawatts of power, but by applying smart mechanical principles, it becomes possible. Similarly, our system uses innovative design and engineering to achieve exceptional efficiency.
This is the most detail I can share without revealing our proprietary technology. To build trust and demonstrate our innovation, we’ve conducted open demos, attended by over 100 people, and some of the videos also on our overview page showcasing the functionality of our system. We’re always open to arranging additional demos for those interested.
Furthermore, our first venture capital investor hired a consulting firm in Utah to independently evaluate our technology. The positive report confirmed that it works as designed, leading to their reinvestment and attracting several family offices. These endorsements reinforce the credibility and groundbreaking nature of our work.
John
How can you claim the speed, fly time, and cargo capacity when you haven't even gotten the drone off the ground?
Panhwar Jet
Dear John,
Thank you for your thoughtful question!
When designing an aircraft, the first step is to define its mission—this involves determining key performance requirements like speed, maximum takeoff weight (MTOW), range, and other specifications. Once the mission parameters are set, we create a model and analyze it using Computational Fluid Dynamics (CFD) simulations. CFD allows us to assess if the aircraft will meet these requirements while ensuring stability and calculating the thrust needed.
Since we’ve developed our propulsion system in-house, we’ve designed the thrusters to precisely meet these requirements. It’s worth noting that every aircraft manufacturer follows a similar process and publishes performance estimates before the first flight. While actual flight tests may introduce minor adjustments, CFD technology is so advanced that the real-world numbers are typically very close to the simulations.
In addition, we’ve conducted over 500 hours of extensive testing on our propulsion system, providing us with reliable data to support our performance claims.
Aerospace engineering has progressed significantly—just as engineers can accurately calculate how a rocket will land on Mars without physically flying there, we can confidently predict our aircraft’s performance before its maiden flight.
I hope this explanation provides clarity and avoids unnecessary engineering jargon. Please let me know if you have any further questions please join our webinar and ask questions. please register here https://panhwarjet.com/investor-webinar
Best regards,
Sarah
Hi there! Could you introduce Panhwar Jet and what sets it apart from other projects in the industry?
Panhwar Jet Team
Hello, Sarah! Panhwar Jet is our groundbreaking initiative to develop the world’s first all-electric long-range cargo aircraft. What makes us unique is our unconventional approach and vertical integration, enabling us to achieve milestones faster and at lower costs compared to others in the field.
James
That sounds impressive! How does Panhwar Jet manage to fly for six hours while other similar aircraft can only manage 20 minutes?
Panhwar Jet Team
Great question, James! Our aircraft's ability to fly for six hours is made possible by our custom power generation system and electric motors, which we meticulously designed for superior energy efficiency and power management.
Emily
Why do you anticipate getting FAA certification faster for Panhwar Jet?
Panhwar Jet Team
Well, Emily, our team boasts extensive FAA experience, and with the growing familiarity with electric aircraft, we expect the certification process to go smoothly. Additionally, we're providing ample experimental data and adhering to rigorous safety measures.
David
What led you to focus on the cargo industry?
Panhwar Jet Team
We identified a significant need for better, more reliable, and cost-effective transportation within the $210 billion cargo industry. Our electric aircraft offers sustainability and the flexibility to utilize regional airports, addressing critical logistical needs.
Sophia
How did you decide on Utah for manufacturing Panhwar Jet?
Panhwar Jet Team
Utah's strategic advantages, including its inland port project and upcoming 2034 Winter Olympics, made it an ideal choice. These factors position Utah as a major logistics hub for the Western U.S., providing excellent opportunities to showcase our eco-friendly transport solutions.
Daniel
When was the design of the aircraft finalized?
Panhwar Jet Team
We completed the aircraft design in May 2022.
Olivia
When was the propulsion system ready for use?
Panhwar Jet Team
The propulsion system was ready to go in December 2022.
Michael
When did you complete the Computational Fluid Dynamics (CFD) for manufacturing?
Panhwar Jet Team
We finished the CFD for manufacturing in March 2023.
Emma
When were the aircraft controls finished?
Panhwar Jet Team
The aircraft controls were completed in May 2023.
Noah
When do you expect to finish manufacturing the aircraft?
Panhwar Jet Team
We're on track to complete the first prototype manufacturing by June 2024.
Ava
When is the first flight scheduled for Panhwar Jet?
Panhwar Jet Team
Mark your calendars for July 2024 for our first flight.
William
When do you plan to start FAA certification?
Panhwar Jet Team
We're planning to start FAA certification in August 2024.
Isabella
When will you begin accepting pre-orders for Panhwar Jet?
Panhwar Jet Team
We'll start taking pre-orders in December 2024, aiming for $100 million.
Ethan
When is the IPO planned for Panhwar Jet?
Panhwar Jet Team
Our IPO is planned for June 2026.
Charlotte
When do you aim to complete three prototypes?
Panhwar Jet Team
We aim to complete three prototypes by December 2026.
Benjamin
When do you expect to finish FAA certification?
Panhwar Jet Team
We expect to complete FAA certification by December 2027.
Grace
When will deliveries of Panhwar Jet begin?
Panhwar Jet Team
We plan to start deliveries in December 2028.
Lucas
How does Panhwar Jet plan to generate revenue?
Panhwar Jet Team
We're leasing each aircraft for $6 million, with a $300K upfront deposit and $120K monthly payments over four years, aiming to generate a total revenue of $2.1 billion starting in 2028.
Lily
What financial benefits are you offering to investors?
Panhwar Jet Team
With manufacturing costs under $1 million per aircraft and projected revenue of $2.1 billion, we anticipate an EBITDA of $1.771 billion and a profit margin of about 83.5%.
Jackson
What recognition has Panhwar Jet received so far?
Panhwar Jet Team
We've been honored as "The Next Big Thing in Utah" by Utah Business Magazine, and our CEO is recognized as one of the most influential women in aerospace and aviation.
Exciting Milestone: Filing for FAA Experimental Certification for Panhwar Jet Prototype
I'm thrilled to announce that we've officially filed for FAA experimental certification for our
Panhwar Jet prototype, which is set for its maiden flight in July 2024, expected to last a
remarkable six hours. This is a major step toward achieving our mission of revolutionizing aviation.
Our journey has been anything but easy. We've faced numerous challenges and setbacks, but our
resilience and unwavering dedication have kept us on course. Every failure has been a learning
opportunity, bringing us closer to success.
This accomplishment is a testament to the incredible support from our dedicated team, fantastic
investors, and supporters. Your belief in our vision has been our driving force.
As we prepare for the upcoming flight, our excitement and anticipation are at an all-time high.
We're not just building a jet; we're setting the stage for groundbreaking advancements in aviation.
Thank you for standing by us. Together, we're about to make history.
The mantra of "never give up" has been our guiding light throughout our journey!!!!
From the outset, we understood that building an airplane would be anything but easy. Here's yet another testament to our unwavering determination: After finalizing our custom high-torque electric motors, our next challenge was to procure custom propeller blades for optimal efficiency. Despite facing silence from some propeller blade manufacturers and exorbitant cost estimates from others, we remained undaunted. We made the bold decision to forge ahead independently, driven by a desire to save both time and money.
The road was not without its hurdles; we encountered criticism and even mockery from naysayers who doubted our ability to complete the aircraft. Yet, here we stand, just 2 months away from our inaugural 6 hour flight, poised to shatter over 17 world records.
Our approach has yielded remarkable results: Crafting each blade in-house with carbon fiber costs us less than $30, a fraction of the $800 price tag for off-the-shelf options. But the savings don't end there. Every component, from motors to propellers, has been meticulously designed in-house, totaling a mere $5K – an unprecedented feat in the aerospace industry.
While we may be a modest team, we possess an abundance of fortitude and resilience, allowing us to challenge the norms and defy expectations. We take immense pride in showcasing our complete propulsion system during the forthcoming open days organized by Joe Ross and his team, and we eagerly anticipate welcoming you all.
A heartfelt thank you to all our supporters who have stood by us!
Overcoming Challenges: Building Electric Aircraft Molds in Record Time and Budget
I've always believed that where there's a will, there's a way, and unseen forces will guide us. This rings especially true for our latest project.
With determination and grit, we were able to create molds for our electric aircraft in just four months for less than $50,000. To put that in perspective, suppliers had initially quoted us over a million dollars with timelines stretching up to a year. We're proud to say that we've overcome the challenges that industry giants like Boeing and Airbus have faced. Our success wouldn't have been possible without the support of those who believed in us.
We extend our heartfelt gratitude to our investors, whose unwavering belief in us has been matched only by their active engagement and invaluable support. Truly, smart money prevails! hashtag#electricaircraft hashtag#innovation hashtag#determination Panhwar JetPanhwar Group
Our latest breakthrough in aviation manufacturing!
I am thrilled to share our latest breakthrough in aviation manufacturing! Witness how our team at Panhwar Jet is pushing the boundaries with the second prototype of the Panhwar Jet, leveraging 3D printing to redefine what's possible. This is just the beginning of our journey towards more sustainable, cost-effective, and innovative aviation solutions. hashtag#3DPrintingRevolution hashtag#PanhwarJet
Senator Harper Visits Panhwar Jet Hangar, Discusses Growth and Sustainable Aviation
We are grateful for Senator Harper's visit to our hangar today. It was a productive discussion focused on the potential for growth and scaling of Panhwar Jet's manufacturing in the coming months. This expansion is not only expected to create numerous job opportunities but also to contribute significantly to the economy. Furthermore, our collaborative efforts are aimed at pioneering sustainable and green manufacturing practices within the aviation industry. We are excited about the prospects this brings for a more environmentally-friendly future in aviation.
Panhwar Jet Team Meets with Utah Lawmakers on Utah State Capitol Hill
Being at Capitol Hill last Friday was a true honor, where we met with distinguished members of the House of Representatives and Senators, including Derrin Owens, Jeff Stenquist, Todd Weiler @Wayne Harper, Daniel Thatcher, Joel Briscoe, Susan Pulsipher, @Jen Plumb, many others. It was inspiring to witness their admiration for our project. At Panhwar Jet, we are leading the way in innovation, particularly with our hashtag#electricaircraft initiative aimed at revolutionizing the hashtag#aviationindustry. This focus on improving hashtag#operationalefficiency while advocating for a hashtag#carbonfree and hashtag#environmentallyfriendly aviation future is at the heart of our mission.
Having the opportunity to be present during an active session was incredibly valuable. These discussions are pivotal as we pursue crucial legislative and engineering milestones. Our goal is to garner support that will catalyze our manufacturing endeavors in Utah, boost the local hashtag#economy, and spearhead sustainable aviation initiatives.
My deepest gratitude extends to Derrin Owens, Jeff Stenquist, Todd Weiler @Wayne Harper, Daniel Thatcher, Joel Briscoe, Susan Pulsipher, @Jen Plumb, and all our legislative allies. Their support is fundamental as we near the launch of our maiden electric flight in May 2024, aiming to position Utah as a frontrunner in hashtag#environmentalinnovation and sustainable development.
We invite you to join us on this historic path in Utah, working together towards a more sustainable and greener future. Let's unite in promoting hashtag#sustainableaviation and be at the forefront of this transformative movement.
Delighted to announce our partnership with Ross Group
Delighted to announce our partnership with Ross Group, our esteemed advocate in Utah and beyond. Their unparalleled expertise in technology lobbying is crucial as we bring our cutting-edge propulsion technology to the forefront of the hashtag#CleanEnergy movement.
The Panhwar Jet is more than an advancement in aviation; it's a pledge to sustainable, clean technology with the potential to revolutionize industries and protect our environment. We're excitedly counting down to the inaugural flight of our aircraft in May 2024 – a landmark event on our path to innovation. Together, we're not just reaching for the skies; we're dedicated to forging a greener, cleaner future. A heartfelt thanks to Ross Group for joining us on this groundbreaking journey.
Keep an eye out for further updates as we continue to push the boundaries of hashtag#CleanTechnology and hashtag#Aviation. ashtag#Sustainability hashtag#Innovation hashtag#futureofflight
our groundbreaking proprietary propulsion system
Panhwar Jet we hosted a remarkable event where we unveiled our groundbreaking proprietary propulsion system with an astounding 78% efficiency rate. This innovation enables us to extend flight times by a whopping 6 times compared to our competitors.
Enthusiasts and investors joined us to witness the future of aviation unfold before their eyes. The consensus is clear: our technology is set to revolutionize the industry!
Despite a minor setback due to a LinkedIn bug that led to the deletion of our previous post, we're thrilled to share this milestone with you again. Your support means the world to us.
We're now just six months away from taking our first flight towards a brighter and more sustainable future for aviation.
Stay tuned for more updates as we embark on this incredible journey!
Exciting News! Our Matt Black Plane Arrives this Friday at our Hangar!
Dear LinkedIn Network,
Our highly anticipated Matt Black plane will arrive at the Hangar at Skypark Airport on Friday.
Save the date for the event! On August 16th and 17th 2023, between 12 pm to 2 pm MDT. We're thrilled to unveil this beauty and showcase our crucial vertically integrated systems to our esteemed investors, partners, and media enthusiasts.
If you haven't registered yet, don't miss out on this extraordinary event! Click the link below to secure your spot and join our passionate team for an unforgettable experience.
Get ready to witness innovation take flight!
See you on August 16th & 17th August!
Help Us Decide: Black or White for Our Panhwar Jet Prototype?
We are thrilled to announce that our fuselage is nearing completion and soon be ready for paint. As you may know, our branding revolves around the color Black. However, we've received suggestions to consider White as an alternative option.
Today, we must decide on the best color for our prototype. Your input matters to us, so please take a moment to share your preference: White or Black for the aircraft? Kindly comment below with your choice.
Thank you for being a part of this exciting journey!
Welcome Aboard, Steve Larson: A Veteran Aviator Joins Our Team!
Steve has 30 years of extensive experience and knowledge in the aviation industry. He led all aviation capability development and sustainment efforts. He will be helping us manufacture our long-range electric aircraft and leading the effort to get FAA certifications.
Please extend your best wishes to congratulate him on being part of our group. We like to welcome Steve Larson to our team and are extremely happy to have you as one of us.
Welcome Jared Esselman: Panhwar Jet's New Aviation Advisor and Inaugural Pilot
We are thrilled and honored to have Jared Esselman join Panhwar Jet as Aviation Advisor. He will be taking our first flights as a pilot.
Jared has an extensive experience and expertise in Aviation Industry:
- Jared served in United States Air-Force
- Director of State Government Affairs, AOPA as a primary executive for state and local aviation policy advocacy. He drafted and passed aviation legislation in 25 different states.
- Member Board of Directors at National Conference of State Legislatures.
- Director of Aeronautics in State of Utah, he led and managed a statewide transportation system of airports, aircraft, and air routes for almost 6 years.
- Member and chairman of the Board at the NASAO center, Washington DC
- Presently, Vice President of Aerial Innovation, Utah
UCI Honors Panhwar Jet's Startup Journey: A Grateful Reflection and Celebration
We are truly honored and humbled to reshare this post by UCI about our journey and accomplishments as a startup at Panhwar Jet We thank you for your support over the years and well wishes!
CEO of Panhwar Jet Featured as a Leading Woman in Aerospace and Aviation: World's Leaders® Magazine Cover Story, 2023
We are honored to share this post, featuring our CEO on the cover page of the most prominent World's Leaders® Magazine as the "World's Influential Women in Aerospace and Aviation Industry, 2023."
This article has done great justice in revealing me, my true story, and my aspiring vision with the Company Panhwar Jet.
Panwhar Jet's Thrilling Move to Skypark Airport: Expanding Horizons in Utah's Aerospace Hub
Exciting news, we have moved to Hangar at Skypark Airport in Woods Cross, Utah. Our engineering team has started work on our fuselage and propulsion system manufacturing.
Every week, we have new potential partners/ investors visiting us. You are more than welcome to come and visit us if you share a similar passion and interest.
Unveiling Panhwar Jet’s new awesome design after finalizing it’s propulsion system.
The aircraft would be propelled by 2 sets of 3 thrusters. The first pre-production aircraft scheduled to be manufactured in 18 months.
Two doors on each side will accommodate four passengers and a pilot, and large windows will provide a panoramic view for the occupants. The landing gear will keep the fuselage low to the ground, so that stepping aboard will be about like getting into a luxury aircraft.
Panhwar Jet is aiming to disrupt aviation industry with the use of groundbreaking technology to power and design the aircraft to fly for 2,000 Miles at the speed of 250 Knots.
Our mission is to deliver an aviation experience that is the pinnacle of innovation, quality, and safety to our customers. Panhwar Aircraft aims to be the global leader in business/personal aviation.
Utah magazine
We are excited to share with you all that Panhwar Jet’s CEO took the front cover of Utah Business magazine in the January 2022 edition.
We are working with VALKYRIE, our financial partner to get you the best Electric Jets soon!
Valkyrie picture with us
I am thrilled to announce Panhwar Jet receives series A funding of $10 million from VALKYRIE.
Panhwar Jet’s Wind Powered Energy Generation System
It was a pleasure to host our investors, owners/executives of prominent energy companies, and independent industry experts for a demo of Panhwar Jet’s Wind Powered Energy Generation System. It was encouraging to see that everyone believed that Panhwar's proprietary tech was the ultimate solution to the growing energy crisis in the world. Nick Panhwar was compared with Nicola Tesla and appreciated being better.
Thank you all for your positive and encouraging comments Doug Corpuz, Greg Elvestad, Scott Wyssling, Tony Donald Stauffer Bryce B., Ryan Higgins Brandon Sherman, John Renouard
We love to work and partner with passionate people on a shared mission to eliminate the energy and climate crisis and make this planet a better place to live.
DRIVING FORWARD: PANHWAR JET HOSTS GOVERNOR CANDIDATE PHIL LAYMAN AND LT. GOVERNOR CANDIDATE NATALIE CLAWSON, CEMENTING VISION FOR SUSTAINABLE LOGISTICS IN UTAH
We were honored to welcome Phil Layman, candidate for Governor of the State of Utah, along with his running mate Natalie Clawson, candidate for Lieutenant Governor, to our facilities. Their visit provided us with the opportunity to showcase our vision and accomplishments as a team.
We were delighted to witness their appreciation for the technology and innovation we've employed to make our initiatives possible in an affordable and highly efficient manner.
Our shared goal of making the State of Utah a leader in sustainable logistics hubs with zero emissions in the United States resonated deeply with them.
They recognized that our efforts align perfectly with their mission, seeing us as a crucial part of the solution. Their support and enthusiasm bolster our commitment to driving forward with our mission, and we're grateful for their encouragement as we continue to strive for excellence in transportation innovation.
MAY MILESTONES: PANHWAR JET HOSTS LEGISLATORS AND ACHIEVES MAJOR PROGRESS IN TRANSPORTATION INNOVATION
The month of May was indeed a busy one for us, marked by significant milestones and achievements. From reaching major milestones to hosting a dozen legislators and House Representatives, it was a period of intense activity and fruitful interactions.
We're deeply grateful for the support and encouragement extended to us by Rep. Key J Christofferson, Rep. Ken Ivory, Rep. Matthew Gwynn, District Director Casey Saxton, Alexandar Johnson, Rep. Katy Hall, Rep. Jordan Teuscher, Rep. Marsha Judkins, Jill Koford, Bob Sabone, among others.
It was a pleasure to meet with them and update them on our projects and upcoming endeavors. Their enthusiasm for our work further fuels our dedication to innovation and sustainability in transportation.
DISCUSSING ZERO-EMISSIONS LOGISTICS: PANHWAR JET MEETS WITH CONGRESSMAN OWENS TO SUPPORT UTAH’S INLAND PORT AND 2034 WINTER OLYMPICS
Last week, we had a productive meeting with Congressman Burgess Owens discussing how Panhwar Group / Panhwar Jet can support Utah’s mission of developing an inland port and transforming it into a zero-emissions massive logistics hub, alongside backing Utah's Winter Olympics in 2034.
Excited to share our vision with a fleet of over 1,000 all-electric long-range cargo aircraft and 52,000 electric vans, to transport goods affordably, efficiently, and eco-friendly across the Western US. Looking forward to his visit to our hangar at Skypark Airport, Woods Cross, and showcasing our innovative solutions to Congressman Owens' transportation committee in DC.
After three intense months, we’re thrilled to announce the completion of all components for our **remotely operated all-electric cargo aircraft prototype**! This milestone includes our custom-built thruster and specially designed blades—both engineered entirely in-house for optimal performance and efficiency.
Over the next few weeks, we’ll be assembling all the parts to bring the prototype to life. We’ve already installed the thruster, wings, and internal structures, marking a major step forward in our mission to revolutionize logistics.
Stay tuned as we prepare for initial testing phases and move closer to redefining the future of air cargo!
Exciting Milestone at Panhwar Jet!
We just achieved a significant step forward with our thruster installation. After powering it on for the first time, we’re thrilled with the results – not only did it perform well, but it was remarkably quiet while running at 500 RPM.
If this were a traditional engine powering a propeller, the noise would have been audible from at least 500 feet away! This breakthrough highlights the efficiency and low noise level of our technology, underscoring its potential for quieter, more sustainable operations in cargo logistics.
Grateful for the hard work of our team and the support of our partners as we continue pushing boundaries. Stay tuned for what’s next!
Panhwar Jet
350 Pre-Orders Secured from a Leading Middle Eastern Food Company
Panhwar Jet is proud to announce a major achievement: 350 pre-orders for our cutting-edge cargo unmanned aircraft from a prominent Middle Eastern food company. This partnership underscores the trust in our innovative technology to transform logistics in the food industry by improving efficiency and sustainability.
Our drones offer up to 90% lower operational cost compared to fossil fuel-powered aircraft of similar size, thanks to our advanced electric propulsion system. This massive reduction in cost positions our unmanned aircraft as a highly profitable solution for clients, with the added advantage of selling flight hours as a service.
With the help of this Series A round of capital raise, we are strategically accelerating production and certification processes to get into revenue generation before the end of this year. This milestone strengthens our position as a key innovator in the global logistics sector and highlights the compelling economic and environmental benefits of adopting our technology.
Strategic Plans for a Major Logistics Hub
We are actively working on acquiring a 220-acre local airport to establish a strategic logistics hub. This transformative initiative is a core part of our vision to integrate unmanned aircraft technology into large-scale supply chain operations.
With our unmanned aircrafts' shorter runway requirements and remote operation capabilities, Panhwar Jet can get closer to communities, making it ideal for the Express Delivery Market across sectors like logistics, manufacturing, medical services, and disaster relief. This approach enables us to serve communities in a more affordable, faster, and time-efficient manner.
Funding from our Series A round will be pivotal in scaling production, expediting certification processes, and enabling this acquisition. We are actively surveying and engaging with state and city officials who are eager to foster innovation and economic development. The proposed logistics hub will solidify Panhwar Jet’s leadership in regional and global cargo innovation while creating opportunities for economic growth and community support.