BLUEFLITE INC
Operatingblueflite inc.
Industrial & Manufacturing · Brighton, MI · Founded 2018
Reinventing cargo logistics using drones
Financials
FY2020–FY2023 · from SEC filings · hover any figure for its sourceFigures 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
Pre-money — the valuation set before each round’s money came inBlue bars are the pre-money valuation the company stated for a priced round.
Fundraising history
Team
14 people
Frank Noppel, Co-Founder and CEO of blueflite, is a serial entrepreneur, investor, and aerospace enthusiast. Frank previously worked at McKinsey & Company as management consultant until 2018 where he led business strategy and implementation projects for large corporations. While getting his Ph.D. at Cranfield University (UK) in 2007 for which he obtained the Kings Norton Medal, Frank laid the foundations Ambeo - an air-taxi company featuring very light jet aircraft for which he served as CEO until 2011. Frank is a member of the Royal Aeronautical Society and inventor of several patents. In his spare time, Frank enjoys flying small planes, sailing and playing the piano, and spending time with his wife and two children.
James McClearen is a Co-Founder and the CTO of blueflite, entrepreneur, passionate engineer and technologist with 20 years experience in the automotive and defense industries. Prior to founding blueflite, James ran his engineering consultancy and was Chief Engineer at AVL leading special projects for high profile clients. Before that, James was Chief Engineer at a defense subcontractor leading the development of a novel micro-electronics systems for the US military. James also lived in Japan for some time when he worked for Toyota focusing on advanced CAE and design methodology. James is an alumni of Georgia Institute of Technology and an Adjunct Associate Research Scientist at the University of Michigan. James is a passionate culinary hobby chef and traveler, and enjoys spending time with his two children and his wife.
Accomplished software architect with deep expertise in cloud and data engineering. Nick graduated from Georgia Institute of Technology with a Master’s degree in Computer Science. His expertise is in analyzing, understanding, designing and implementing end-to-end product solutions. Nick joined the blueflite team in 2018 to develop blueflite’s digital solutions.
Art is a creative content producer as well as marketing strategy and media specialist. With a B.A. in arts from Coastal Carolina University, he has gained experience in the marine industry being responsible for digital content creation and marketing initiatives. Art is supporting blueflite with the company’s marketing and social media activities, as well as providing input to blueflite’s digital content strategy.
As an experienced Design Engineer, Conor is skilled in diverse design areas including electrical, and mechanical engineering disciplines. Conor has a Bachelor of Science from Ulster University. Joining blueflite in 2022, he assists with prototype design and manufacturing to create blueflite’s revolutionary logistics drones.
Gary has more than 20 years of experience in mechanical engineering and manufacturing. He has deep experience in all aspects of manufacturing ranging from conceptional design up through production. Gary is an accomplished expert in computer aided design tools and simulation. He joined blueflite to support in the design and development of blueflite’s advanced logistics drone platform.
Jonathan is an experienced Mechanical Engineer and skilled in a variety of advanced design tools such as NX or Matlab. Jonathan has a Bachelor of Science from Gonzaga University and joined blueflite to support the design and development of blueflite’s advanced drone hardware systems.
With 10 years’ of experience in OEM marketing and passion for aviation and emerging technologies, Kelsey supports blueflite’s brand strategy and public relations initiatives. She holds a bachelor’s degree in public relations from The University of Alabama’s College of Communication and Information Sciences.
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Dr. Vamvoudakis is a globally recognized and award-winning expert at the Georgia Institute of Technology. His learning-inspired approaches are used to design and develop resilient control system algorithms for blueflite’s advanced logistics drones. Dr. Vamvoudakis has been elected to the grade of Senior Member of AIAA and IEEE.
With her previous roles in managing business administrative functions, Lindsay has been taking care of the various backoffice tasks at blueflite since the early formative days of the company. Lindsay holds a B. Sc. in Business Education from the University of Georgia and a M.A. in School Counseling from Oakland University and worked in the Education sector before joining blueflite.
Mike is a Certified Public Accountant and experienced financial professional with expertise in transactions and accounting services, as well as financial reporting. He holds an M. Sc. in accountancy from Walsh College and a B.A. in Economics from Denison University. Mike is leveraging his financial knowledge and experience from the corporate world to support blueflite with accounting and book keeping services.
Mike’s passion for aviation and travel runs deep. He is a trained commercial pilot with an instructor rating and aerobatics endorsement. As a drone sales and business development professional, Mike supports blueflite’s business development activities worldwide.
Nick has 10 years experience in automotive R&D testing and engine prototyping. He joined blueflite as employee No. 1 and is working side by side with blueflite’s engineering team. Nick is utilizing advanced design tools and rapid prototyping equipment to bring blueflite’s visionary drones to life.
Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 2 of 4 annual reports (FY2022–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
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.