The Next-Gen Electric Unmanned Cargo Aircraft

A game-changer in aviation - Panhwar Jet is on the fast track to an IPO in 14 months, backed by 350 pre-orders, a scalable business model, and a projected $210M first-year profit in the booming $319B express delivery market.


Highlights

  • 1

    350 aircraft orders secured, contract worth $370 Million.

  • 2

    We are on track to deliver the first 10 aircraft by the end of 2025.

  • 3

    In-house Developed AI Model Integrated into Aircraft Controls to Elevate Safety

  • 4

    We're in advanced talks with one of the largest U.S. banks for a $25 million deal, positioning us for a successful IPO.

  • 5

    A 220-acre airport acquisition underway to support full-scale manufacturing.

  • 6

    Panhwar Jet is founded by serial entrepreneurs with two successful technology exits.

  • 7

    Panhwar Jet is supported by venture capital, family offices, and over 100 angel investors.

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.

Member 2

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.


Questioner Image Sarah
Hi there! Could you introduce Panhwar Jet and what sets it apart from other projects in the industry?
Answerer Image 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.
Questioner Image James
That sounds impressive! How does Panhwar Jet manage to fly for six hours while other similar aircraft can only manage 20 minutes?
Answerer Image 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.
Questioner Image Emily
Why do you anticipate getting FAA certification faster for Panhwar Jet?
Answerer Image 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.
Questioner Image David
What led you to focus on the cargo industry?
Answerer Image 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.
Questioner Image Sophia
How did you decide on Utah for manufacturing Panhwar Jet?
Answerer Image 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.
Questioner Image Daniel
When was the design of the aircraft finalized?
Answerer Image Panhwar Jet Team
We completed the aircraft design in May 2022.
Questioner Image Olivia
When was the propulsion system ready for use?
Answerer Image Panhwar Jet Team
The propulsion system was ready to go in December 2022.
Questioner Image Michael
When did you complete the Computational Fluid Dynamics (CFD) for manufacturing?
Answerer Image Panhwar Jet Team
We finished the CFD for manufacturing in March 2023.
Questioner Image Emma
When were the aircraft controls finished?
Answerer Image Panhwar Jet Team
The aircraft controls were completed in May 2023.
Questioner Image Noah
When do you expect to finish manufacturing the aircraft?
Answerer Image Panhwar Jet Team
We're on track to complete the first prototype manufacturing by June 2024.
Questioner Image Ava
When is the first flight scheduled for Panhwar Jet?
Answerer Image Panhwar Jet Team
Mark your calendars for July 2024 for our first flight.
Questioner Image William
When do you plan to start FAA certification?
Answerer Image Panhwar Jet Team
We're planning to start FAA certification in August 2024.
Questioner Image Isabella
When will you begin accepting pre-orders for Panhwar Jet?
Answerer Image Panhwar Jet Team
We'll start taking pre-orders in December 2024, aiming for $100 million.
Questioner Image Ethan
When is the IPO planned for Panhwar Jet?
Answerer Image Panhwar Jet Team
Our IPO is planned for June 2026.
Questioner Image Charlotte
When do you aim to complete three prototypes?
Answerer Image Panhwar Jet Team
We aim to complete three prototypes by December 2026.
Questioner Image Benjamin
When do you expect to finish FAA certification?
Answerer Image Panhwar Jet Team
We expect to complete FAA certification by December 2027.
Questioner Image Grace
When will deliveries of Panhwar Jet begin?
Answerer Image Panhwar Jet Team
We plan to start deliveries in December 2028.
Questioner Image Lucas
How does Panhwar Jet plan to generate revenue?
Answerer Image 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.
Questioner Image Lily
What financial benefits are you offering to investors?
Answerer Image 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%.
Questioner Image Jackson
What recognition has Panhwar Jet received so far?
Answerer Image 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.