Project Overview
Panhwar Jet Revolutionizing Cargo Delivery in Skypark Airport,

Woods Cross, Utah

Vision: Delivering a fleet of all-electric cargo unmanned aircraft, transforming the urgent delivery market and shaping the future of sustainable transportation.

Key Objectives

  • Achieve First Flight by Q1 2025: Conduct the inaugural flight of our long-range, all-electric unmanned aircraft by the end of the first quarter of 2025.

  • IPO Readiness: Prepare for an Initial Public Offering (IPO) by the end of 2025, providing investors with an opportunity to participate in the growth of Panhwar Jet.

  • $75M Pre-order Sales: Secure $75 million in pre-order sales for drones by Q2 2025.

  • Manufacturing Hub Establishment: Acquire a 220-acre airport by Q1 2025 to establish a state-of-the-art manufacturing facility.

Unmanned Aircraft Specifications

Payload Capacity: 350 lbs

Speed: 140 mph

Endurance: up to 6 hours on a single charge

Unmanned Aircraft Specifications
EcoThrust 78 Technology

EcoThrust 78 Technology

Cutting-edge Propulsion Systems: Featuring custom electric motors for both air and ground vehicles, delivering increased torque and reduced power consumption.

Onboard Power Generation: Innovative onboard power generation system reduces battery requirements by up to 70%.

Optimized Aerodynamics: Enhanced propeller and wheel designs maximize efficiency and minimize operating costs.

Project Progress

Significant Milestones Achieved:

  • 1

    Power-efficient Propulsion System - Completed

  • 2

    Advanced Electric Motor Design - Completed

  • 3

    Onboard Power Generation Integration - Completed

  • 4

    Testing Optimized Propeller Blades - 90% Complete

  • 5

    Preparing for Final Assembly and Road/Air Taxi Testing - Near Completion

  • 6

    Unmanned Aircraft Assembly: 70% complete, with ground testing currently underway.

  • 7

    Manufacturing Facility: Acquisition of the airport is on track for Q1 2025.

Project Progress
Key Strengths

Key Strengths

Strong Local Government Support: Enjoying strong support from Utah legislators, contributing to the state's aerospace.

Contribution to Utah's Growth: Playing a vital role in Utah's transformation into a major logistics hub, supporting the Inland Port and the 2032 Winter Olympics.

Emphasis on Sustainability: Prioritizing the development of eco-friendly transportation solutions, aligning with global sustainability goals.

Market Drivers

Rising Fossil Fuel Costs: Escalating fuel prices are driving the need for more cost-effective transportation solutions.

Stricter Environmental Regulations: Growing pressure to reduce carbon emissions is accelerating the adoption of electric aircraft.

Market Demand for Efficient and Sustainable Logistics: The urgent delivery market demands faster, more reliable, and environmentally friendly solutions.

Market Drivers

Key Achievements

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Featured in Utah Business Magazine and The World's Leaders: Recognized for its innovative approach to transportation and its positive impact on the industry.

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Strong Legislative Support: Over 15 Utah legislators have toured the Panhwar Jet facility, expressing strong support for the company's innovations.

What We Are Expecting Next

  • 2024-2025

    The Panhwar Jet drone is scheduled to take flight by the end of December, with the goal of breaking multiple world records.

    Anticipated pre-orders totaling $100 million by Mar of 2025.

    Commence the FAA certification process by Mar 2025.

    The company anticipates going public with an IPO by Sep 2025.

     
  • 2025 - 2026

    First Flight Incoming! Our unmanned cargo aircraft is set to take off by April 2025.

    Regulatory Milestone! Launching the FAA certification process by March 2025 to pave the way for commercial operations.

    Deliveries Begin! Expected to deliver 10 aircraft by December 2025, marking a key step toward scaling operations .

    Expanding Infrastructure! Expected to acquire a 220-acre local airport by June 2025 for full-scale manufacturing and operations.

    IPO on the Horizon! Targeting a public listing by April 2026, positioning Panhwar Jet as a leader in next-gen air logistics.

     
  • 2026-2027

    FAA Certification scheduled for completion by the end of 2026

    Commencement of aircraft deliveries in the US expected by the end of 2027

     
  • 2027 -2028

    Lock in 1,200+ New Orders to expand our market presence and accelerate growth.

    Complete Delivery of 500 Unmanned Aircraft, revolutionizing cargo logistics with next-gen efficiency.

     
  • 2028-2029

    Deliver 100 cargo drones by end of 2028.