Business

Will you invest in the future of cargo airship development?


Aeroscraft Corporation (Aeros), a leading FAA-certified lighter-than-air (LTA) manufacturer and technology innovator, today announced an agreement with Drexel Hamilton, a full-service institutional broker-dealer, to join its team of designated investment bankers to solicit institutional investors in its private placement of Convertible Preferred Stock. This offering will support capital requirements for an innovative cargo airship fleet set to deliver new opportunities for commercial and military logistics.

Aeros enjoys an established relationship with the U.S. Military, having received substantial funding from the Defense Advanced Research Projects Agency (DARPA) and the Department of Defense for contracts to demonstrate its internal buoyancy management technology, or Control of Static Heaviness (COSH), which permits the Aeroscraft to vertically lift heavy cargo while maintaining independence from infrastructure. As such, Aeros is particularly pleased to work with and support the mission of Drexel Hamilton as a Service Disabled Veteran Owned Broker-Dealer.

A full-service institutional Broker-Dealer, Drexel Hamilton was founded on the principle of offering meaningful employment opportunities to military and service-disabled veterans desiring a career in financial services.

“This is a great fit for Aeroscraft. We have great respect for the Drexel Hamilton team and for the service of their many veterans, and think that it is fabulous that they are creating jobs and opportunities on Wall Street for many veterans,” said Igor Pasternak, Founder and CEO of Aeroscraft Corporation.

“We look forward to assisting Aeroscraft in meeting its financial goals and are proud to work with a visionary entrepreneur such as Igor Pasternak as Aeroscraft seeks to revolutionize the transportation & logistics industry with its game-changing technology that enables point-to-point delivery capability around the world free from infrastructure requirements,” commented Roger Elsas, Managing Director for Capital Markets at Drexel Hamilton.

“Many of us at Drexel Hamilton have a clear understanding of the potential benefits the Aeroscraft can prospectively deliver to the US Military and to a wide range of commercial clients around the world,” added Jason Diamond, Managing Director and head of Investment Banking at Drexel Hamilton.

Drexel Hamilton will work with Rainmaker Securities, the Coordinator for Aeros’ investment banking group on fleet supporting capital requirements for the Aeroscraft.

Aeroscraft is offering for sale shares of its Series A Convertible Preferred Stock pursuant to the offering memorandum which may be accessed through www.aeroscraft.com/investors. These securities may only be offered to accredited investors through the Company’s definitive offering memorandum and no other portion of this website should be deemed an offer to sell such securities. For more information about the offering and the risks of investing in these securities, you should review carefully the offering memorandum. This offering is not registered with the SEC or qualified with any state, and the securities may not be distributed or resold except pursuant to an applicable exemption from such registration and qualification requirements.

via – BWWGeeksWorld.