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Airspace Experience Technologies (ASX)

Operating

Airspace Experience Technologies, Inc.

Industrial & Manufacturing · Detroit, MI · Founded 2018

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Next-gen urban transport | Electric vertical-takeoff and landing aircraft

Valuation cap ⓘ
$80.0M
As of Apr 2023 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$4,357,990
Crowd $727K · Private $3.6M · 4 rounds since 2021
Latest share price
$4.5724
Rule 506(b) · Series Seed-2 Preferred Stock · Feb 2025 offering price

Financials

FY2017–FY2024 (no data for FY2019) · from SEC filings · hover any figure for its source
$0
−$464K
2017
$0
−$928K
2018
2019no data
$0
−$308K
2020
$0
−$1.4M
2021
$106K
−$1.6M
2022
$52K
−$885K
2023
$310K
−$886K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed
FY2018 reviewed
FY2020 reviewed
FY2021 reviewed
FY2022
FY2023
FY2024
Income statement
Revenue
$0
$0
$0
$0
$106,270
$51,621
$309,877
Cost of goods sold
$0
$0
$0
$0
$794,076
$35,413
$260,834
Gross margin
—
—
—
—
-647%
31%
16%
Net income
-$464,331
-$927,906
-$308,314
-$1,418,948
-$1,571,147
-$884,950
-$886,280
Taxes paid
$0
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$149,283
$8,140
$130,369
$553,621
$54,734
$35,883
$81,048
Accounts receivable
$3,355
$13,000
$0
$11,400
$0
$0
$0
Total assets
$152,638
$333,314
$1,441,226
$2,045,879
$1,504,364
$1,771,559
$1,519,488
Short-term debt
$68,763
$213,841
$3,080
$123,597
$204,323
$76,021
$134,162
Long-term debt
$743,449
$1,243,534
$186,038
$2,089,122
$2,964,029
$3,371,605
$3,932,401
Total liabilities
$812,212
$1,457,375
$189,118
$2,212,719
$3,168,352
$3,447,626
$4,066,563
Other
Headcount
—
5
—
6
3
2
6

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$80.0M
Valuation cap
Reg CF · SAFE · Dec 2022

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Rule 506(b) · Series Seed-2 Preferred Stock · Feb 2025Closed
Raised $1.3M
Reg CF · SAFE · Dec 2022Closedvia Republic
Raised $235K / $618KInvestors 420Valuation cap $80M
Rule 506(b) · Debt · May 2021Closed
Raised $2.4MInvestors 35
Airspace Experience Technologies (ASX) Preferred Stock 1Closedvia SeedInvest
Raised $491.8K / $1.1M

Team

1 person
Jon Rimanelli
Chief Operating Officer

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 3 of 7 annual reports (FY2019–FY2025)

420 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

View all 12 filings on EDGAR
  • Form C-ARMay 8, 20250001765330-25-000001
    EDGAR
  • Form C-TRMay 8, 20250001765330-25-000002
    EDGAR
  • Form C-ARApr 26, 20240001765330-24-000001
    EDGAR
  • Form C-UMay 5, 20230001966323-23-000003
    EDGAR
  • Form C-ARMay 1, 20230001868109-23-000007
    EDGAR
  • Form C/AMar 13, 20230001765330-23-000001
    EDGAR
  • Form CDec 19, 20220001765330-22-000004
    EDGAR
  • Form D/ADec 15, 20220001765330-22-000003
    EDGAR
Source: ManualCIK 0001765330DEShare price $4.5724

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.