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ASX - About the company

ASX is a funded company based in Detroit (United States), founded in 2011 by R J King, Anita Sengupta and Jon Rimanelli. It operates as a Developer of vertical takeoff and landing electric vehicle. ASX has raised an undisclosed amount in funding. The company has 310 active competitors, including 64 funded and 18 that have exited. Its top competitors include companies like Ehang, Joby Aviation and BETA.

Company Details

Airspace Experience Technologies is a developer of vertical takeoff and landing electric vehicle 'MOBi-One' with up to 260 miles range. The aircraft uses the distributed electric propulsion (DEP) system and integrates a hybrid propulsion system that enables the aircraft to fly without recharging.
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Registered Address
11499 CONNER STREET, LEVEL 2, DETROIT, MI
Key Metrics
Founded Year
2011
Location
Detroit, United States
Stage
Funding Raised
Investors
Ranked
Annual Revenue
$0 - $1M as on Dec 31, 2023
Employee Count
18 as on Aug 31, 2026
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ASX's funding and investors

ASX has raised funding over 2 rounds. Its first funding round was on Sep 07, 2017. ASX has 1 institutional investor.

Here is the list of recent funding rounds of ASX:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 13, 2022
6935964
Conventional Debt
8587558
5771368
7832954
5784903
Sep 07, 2017
3315428
Conventional Debt
6432722
1320818
3132176
9242304
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ASX's founders and board of directors

Founder? Claim Profile
The founders of ASX are R J King, Anita Sengupta and Jon Rimanelli. Jon Rimanelli is the CEO of ASX.
Here are the details of ASX's key team members:

ASX's employee count trend

ASX has 18 employees as of Aug 26. Here is ASX's employee count trend over the years:
Employee count trend for ASX
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ASX's Competitors and alternates

Top competitors of ASX include Ehang, Joby Aviation and BETA. Here is the list of Top 10 competitors of ASX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ehang
Ehang
2014, Guangzhou (China), Public
Developer of autonomous aerial vehicles and related command and control systems
$52M
76/100
2nd
Logo for Joby Aviation
Joby Aviation
2009, Santa Cruz (United States), Public
Manufacturer of electric vertical takeoff and landing aircraft
$690M
75/100
3rd
Logo for BETA
BETA
2012, South Burlington (United States), Public
Manufacturer of electric aircraft, charging systems, and customized training programs
$1.66B
74/100
4th
Logo for ePlane
ePlane
2019, Chennai (India), Series B
Developer of electric vertical takeoff and landing aircraft for urban air mobility
$30.5M
68/100
5th
Logo for Archer
Archer
2018, San Jose (United States), Public
Developer of electric vertical takeoff and landing aircraft for commercial use
$1.93B
68/100
6th
Logo for Aurora
Aurora
1989, Manassas (United States), Acquired
Developer of advanced aircraft and enabling technologies for government and commercial sectors
$6.85M
67/100
7th
Logo for Volocopter
Volocopter
2011, Bruchsal (Germany), Acquired
Provider of electric vertical takeoff and landing passenger transport aircraft
$726M
66/100
8th
Logo for Wisk
Wisk
2019, Mountain View (United States), Acquired
Developer of autonomous electric aerial vertical take-off and landing vehicles
$450M
65/100
9th
Logo for Elroy Air
Elroy Air
2016, San Francisco (United States), Series B
Autonomous aircraft systems for cargo delivery purposes
$116M
63/100
10th
Logo for Lilium
Lilium
2015, Wessling (Germany), Public
Platform offering electric aircraft development and aviation services
$375M
63/100
101st
Logo for ASX
ASX
2011, Detroit (United States), Funding Raised
Developer of vertical takeoff and landing electric vehicle
-
28/100
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ASX's Investments and acquisitions

ASX has made no investments or acquisitions yet.

Reports related to ASX

Here is the latest report on ASX's sector:

News related to ASX

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ASX's record high, eight months of gainsBusiness News•May 31, 2021•ASX
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FAQs about ASX

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