We are designing and building an all-electric self-charging long range aircraft for passengers, cargo, and medical supplies. Our proprietary technology (owned by Panwhar Group, LLC) only requires a small amount of battery pack to process air to generate enough power to fly the aircraft for several hours.
We are designing and building an all-electric self-charging long range aircraft for passengers, cargo, and medical supplies. Our proprietary technology (owned by Panwhar Group, LLC) only requires a small amount of battery pack to process air to generate enough power to fly the aircraft for several hours.
DISRUPTING AVIATION INDUSTRY & MAKING IT GREENER! (bold)
What is Panhwar Jet? (Bold)
We are designing and building an all-electric self-charging long range aircraft for passengers, cargo, and medical supplies.
Our proprietary technology (owned by Panwhar Group, LLC) that only requires a small amount of battery pack to process air to generate enough power to fly the aircraft for several hours.
We are doing something no one else is doing…..
We have invented green technology that generates power onboard through wind energy, letting our aircraft fly faster & longer, while almost eliminating dependency on heavy batteries. We remain cost effective to manufacture compared to other All-electric aircraft manufacturers.
Our aircraft will fly between 6-8 hours, which is going to be huge world record. Other all electric aircrafts can not fly more than one hour due to dependencies on heavy and costly batteries.
Projections in flight time are subject to change
Why Get Involved? (Bold)
Our proven technology is making us clear leader in the industry.
Our cost of manufacturing is expected almost 40% less compared to other Electric aircraft manufacturers as we only carry 10% of the battery size.
Our manufacturing is expected almost 4 times faster than other fossil fuel counterparts due to almost 6000 fewer parts.
What all this means, together we expect to grow 4 times faster and make more profit on each aircraft.
It is a favorable outcome for all parties involved, given our customer’s win too, considering the operating cost of fossil fuel aircraft for four to six-seater is between $1000 to $1800 per hour, but our electric aircraft will only cost $25 per hour.
Investors will be investing in Panhwar Jet inc. Panhwar Jet inc has the exclusive and irrevocable license to sell Panwhar technology in aircraft. The IP for Panwhar technology is owned by Panwhar Group, a Wyoming LLC. Panwhar Group, LLC is wholly owned by the founders of Panwhar Jet inc.
We all know the aviation industry is essential for economic growth around the world but specifically within the US, creating jobs and fast travel. Unfortunately, due to high fuel prices, the aviation industry is struggling to benefit the economy. We are seeing job cuts as well as substantial increases in traveling costs.
Along with economic struggles, aviation/jet fuel emissions are very bad for the environment. On a life-cycle basis, aviation/jet fuel has a high carbon footprint. Aviation gas emits 18.3 pounds (lb) and jet fuel 21.1 lb of CO2 per gallon combusted, and flying one mile on average emits 53 pounds of CO2. It directly contributes to climate change and has various negative environmental effects. But Panhwar is looking to solve these issues!
Electric planes are the only solution to these two problems, but according to industry experts, we will not see electric planes flying for another 10-15 years due to battery technology. But, here is the good news, Panhwar Jet is designing and building the worlds first all-electric, long range luxury aircraft that does not rely on heavy batteries. Unlike other electric aircraft manufacturing companies, the Panhwar Jet team has not raised millions of dollars on a prototype that would never fly for another 15 years due to heavy batteries.
Instead, we worked hard for about 3 years and invested a wind-powered onboard energy generating system. Nobody else is doing what we are doing! We have not only made sure that out luxury and stylish planes fly, but fly longer than our fossil fuel counterparts. Our proprietary technology is making us the clear leader in electric aviation and brining us closer to disrupting the billion dollar aviation industry. We have finalized, tested, and verified our proprietary technology by independent energy experts.
We started production of our first prototype in June of 2022 and 60% of the necessary equipment has already been purchased. We are heading to the final stage where we are expecting to take our first flight within the next 18 months and start the FAA certification process.
We will sell our aircraft as a passenger, cargo, and medical supplies aircraft, allowing for multiple revenue streams. We plan to take pre-orders in our second and third years, following a successful year of test flights.
We are still developing our first prototype and therefore have no customers at this time. We plan on finishing production and taking our first flight within the next 18 months.
To date, the company has been financed with $905,000 in equity.
This is a Convertible Note offering with a $62,600,000 valuation cap, 5.000% discount, and 6.0% interest under registration exemption 4(a)(6), in Panhwar Jet Inc.
We are seeking $3.5M to fund equipment purchasing, salaries, real estate acquisition, branding, and admin ops.
With these funds, we expect to complete our first aircraft prototype, launch our first test flight, get our FAA Certification in order to then begin our pre-order process to fund our fleet.
1. Our future success depends on completing FAA certification and some times it takes more time than expected.
2. Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.
3. The transferability of the Securities you are buying is limited
Any stock purchased through this crowdfunding campaign is subject to SEC limitations on transfer. This means that the stock/note that you purchase cannot be resold for a period of one year. (Furthermore, you should be prepared to hold this investment for several years or longer. — see the following Risk Factor.) The exception to this rule is if you are transferring the stock back to the Company, to an “accredited investor,” as part of an offering registered with the Commission, to a member of your family, trust created for the benefit of your family, or in connection with your death or divorce.
4. Any valuation at this stage is difficult to assess. The valuation for the offering was established by the Company. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment.
5. If the Company cannot raise sufficient funds it will not succeed.
The Company is offering stock in the amount of up to $3,500,000 in this offering, and may close on any investments that are made. Even if the maximum amount is raised, the Company is likely to need additional funds in the future in order to grow, and if it cannot raise those funds for whatever reason, including reasons relating to the Company itself, the broader economy, or otherwise, it may not survive. If the Company manages to raise only the minimum amount of funds sought in this offering, it will have to find other sources of funding for some of the plans outlined in “Use of Proceeds.”
6. The Company may never receive a future equity financing or elect to convert the Securities upon such future financing. In addition, the Company may never undergo a liquidity event such as a sale of the Company or an IPO. If neither the conversion of the Securities nor a liquidity event occurs, the Purchasers could be left holding the Securities in perpetuity. The Securities have numerous transfer restrictions and will likely be highly illiquid, with no secondary market on which to sell them. The Securities are not equity interests, have no ownership rights, have no rights to the Company’s assets or profits and have no voting rights or ability to direct the Company or its actions.
7. It is very important that we have right the expertise in our future employees otherwise company will not succeed.
8. Investors will be investing in Panhwar Jet inc. Panhwar Jet inc has the exclusive and irrevocable license to sell Panwhar technology in aircraft. The IP for Panwhar technology is owned by Panwhar Group, a Wyoming LLC. Panwhar Group, LLC is wholly owned by the founders of Panwhar Jet inc.
*If the sum of the investment commitments does not equal or exceed the minimum offering amount at the offering deadline, no securities will be sold and investment commitments will be cancelled returned to investors.
The passenger aircraft market will be over $36B by 2028, and we will sell our aircraft as a passenger, cargo, and medical supplies aircraft, allowing for multiple revenue streams. We plan to take pre-orders in our second and third years, following a successful year of test flights.
All other electric aircraft manufacturers cannot fly their aircraft for another 15 or more years due to dependency on batteries.
Proprietary Technology makes us clear leader. We are working to revolutionize the travel, transport of cargo and medical supplies in an easy, fast and affordable way.
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