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.
- Website
- iflyasx.com
- Registered Address
- 11499 CONNER STREET, LEVEL 2, DETROIT, MI
Key Metrics
Founded Year
2011
Location
Detroit, United States
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
101st among 310 active competitors
Annual Revenue
$0 - $1M as on Dec 31, 2023
Employee Count
18 as on Aug 31, 2026
Legal entities associated with ASX
ASX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AIRSPACE EXPERIENCE TECHNOLOGIES, INC. CIN: 0001765330 , United States, Active | $0 - $1M (As on Dec 31, 2023) | 2 (As on Dec 31, 2023) | - |
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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 |
View details of ASX's funding rounds and investors
ASX's founders and board of directors
Founder? Claim ProfileThe 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:
- R J King: Co-Founder of ASX.
- Anita Sengupta: Co-Founder & Chief Product Officer of ASX.
- Jon Rimanelli: Founder & CEO of ASX and founder of 1 other company. Contact Info: 1 email address
View details of ASX's Founder profiles and Board Members
ASX's employee count trend
ASX has 18 employees as of Aug 26. Here is ASX's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of autonomous aerial vehicles and related command and control systems | $52M | 76/100 | ||
2nd | Joby Aviation 2009, Santa Cruz (United States), Public | Manufacturer of electric vertical takeoff and landing aircraft | $690M | 75/100 | |
3rd | BETA 2012, South Burlington (United States), Public | Manufacturer of electric aircraft, charging systems, and customized training programs | $1.66B | 74/100 | |
4th | Developer of electric vertical takeoff and landing aircraft for urban air mobility | $30.5M | 68/100 | ||
5th | Archer 2018, San Jose (United States), Public | Developer of electric vertical takeoff and landing aircraft for commercial use | $1.93B | 68/100 | |
6th | Aurora 1989, Manassas (United States), Acquired | Developer of advanced aircraft and enabling technologies for government and commercial sectors | $6.85M | 67/100 | |
7th | Volocopter 2011, Bruchsal (Germany), Acquired | Provider of electric vertical takeoff and landing passenger transport aircraft | $726M | 66/100 | |
8th | Wisk 2019, Mountain View (United States), Acquired | Developer of autonomous electric aerial vertical take-off and landing vehicles | $450M | 65/100 | |
9th | Elroy Air 2016, San Francisco (United States), Series B | Autonomous aircraft systems for cargo delivery purposes | $116M | 63/100 | |
10th | Platform offering electric aircraft development and aviation services | $375M | 63/100 | ||
101st | ASX 2011, Detroit (United States), Funding Raised | Developer of vertical takeoff and landing electric vehicle | - | 28/100 |
Looking for more details on ASX's competitors? Click here to see the top ones
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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Detroit’s ASX to Supply Sigma-6 eVTOL Aircraft to Nebraska Mail CompanyDbusiness•Jan 06, 2023•ASX, Mail Management Services
•
BSP Financial Group Limited’s Listing On ASXGlobal Legal Chronicle•Jun 05, 2021•Ashurst, Bank of South Pacific, ASX
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Spirit Partners with ASX To Develop Mobi-One eVTOLAIN Publications•Feb 17, 2020•ASX, Spirit AeroSystems
•
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ASX launches Seed Equity Round to develop affordable urban air mobilityNew Mobility•May 08, 2019•ASX, Seedinvest
•
Detroit-based Airspace Experience Technologies to Revolutionize Personal Air Travel Via SeedInvestDbusiness•May 06, 2019•ASX
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