North American Wave Engine Corporation
Latest round
- Seed
Last raised
- Jun 2022
Total raised
- $3.9M
Investors
- 4
About North American Wave Engine Corporation
North American Wave Engine Corporation specializes in creating jet propulsion systems that utilize wave engine technology. The company is headquartered in Baltimore, US.Wave Engine Corp. specializes in innovative jet propulsion technology that eliminates the need for moving parts, offering a distinct advantage in terms of affordability and scalability. The company's core product line includes jet engines that utilize wave engine technology, designed for simplicity and sustainability. These engines are intended for a variety of aviation applications, providing an efficient alternative to traditional jet engines. By targeting industries that prioritize cost-effectiveness and environmental sustainability, Wave Engine Corp. serves a diverse clientele that includes aerospace manufacturers, research institutions, and commercial aviation operators.Wave Engine Corp. generates revenue through direct sales of its jet propulsion systems and associated services, focusing primarily on B2B transactions with aerospace manufacturers and industry partners. The structure of these transactions typically involves one-time purchases or long-term contracts that may include maintenance and support services. While specific pricing plans for individual products are not disclosed, the company’s offerings are designed to meet the budgetary constraints of its clients while delivering high performance. Flagship products within its portfolio are expected to attract attention from clients seeking innovative solutions to enhance their aircraft capabilities. Additionally, Wave Engine Corp. is targeting expansion into European and Asian markets by the end of 2023, seeking to establish a stronger presence where demand for advanced, environmentally friendly aviation technology is increasing.
Who invested in North American Wave Engine Corporation
4 investors across 1 round
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Funding rounds
Seed
Jun 6, 2022
Amount
$3.9M
Investors
Questions about North American Wave Engine Corporation
Who invested in North American Wave Engine Corporation?
North American Wave Engine Corporation has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has North American Wave Engine Corporation raised?
North American Wave Engine Corporation has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did North American Wave Engine Corporation last raise money?
North American Wave Engine Corporation's most recent round on record is a Seed, in Jun 2022.
What does North American Wave Engine Corporation do?
North American Wave Engine Corporation specializes in creating jet propulsion systems that utilize wave engine technology.
Where is North American Wave Engine Corporation headquartered?
North American Wave Engine Corporation is headquartered in Baltimore, US.
Which VCs invest in companies like North American Wave Engine Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back aerospace companies at North American Wave Engine Corporation's stage. Their profiles are linked below.
VCs backing aerospace startups at Seed
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