“U.S‑based RYSE Aero Technologies, a manufacturer of an ultralight eVTOL vehicle called the RECON, recently announced the company has launched an equity crowdfunding campaign via the Toronto DealMaker platform, reports a press release. What makes this vehicle unusual is, it can take off and land on water. Operating under Part 103 of the FAA regulations, the RECON is designed to make flight accessible to all and with no pilot license required.
Multiple RECONs have conducted over 600 flight trials with both pilots and non-pilots. The cost of the craft is USD150,000. The RECON attained its maiden flight in June last year…”
Read the full article here: https://evtolinsights.com/2023/08/ryse-aero-technologies-launches-equity-crowdfunding-campaign/