Electrical Jet Producer Panhwar Closes Collection A Financing With Valkyrie GRP


Panhwar Jet has designed and is at present constructing the world’s first all-electric, self-charging luxurious enterprise plane. The groundbreaking, self-charging know-how brings main disruptive innovation to the electrical plane trade. Present battery density doesn’t enable most electrical plane to fly past two hours complete flight time. Nonetheless, the self-charging know-how created by engineers at Panhwar Jet will enable the plane to fly as much as 12 hours with out touching down. 

Panhwar Jet’s patented know-how has solved most of the present battery limitations. Panhwar Jet can also be hyper-focused on offering a superior flight expertise by utilizing clear, sustainable power, which is able to create a brand new way forward for aviation the place velocity and vary have much less limitations. 

Chad Swensen, Founder and Managing Accomplice of Valkyrie: “We’re excited in regards to the innovation that Panhwar Jet is bringing to a big world market. 

“We’re absolutely dedicated to supporting Panhwar Jet in realizing the total potential of such a revolutionary know-how in electrical aviation.”

“We’re excited to collaborate with Valkyrie Group as our strategic capital associate,” says Ms. Ayisha Fareed, Chairman, and CEO of Panhwar Jet. Fareed commented, “Valkyrie and Panhwar Jet share the eagerness, crew spirit, background, and expertise that may disrupt the electrical plane trade.”

In response to Fareed, “This funding will enable Panhwar Jet to boost the specs of “ElectroBird,” our first two-seater all-electric airplane. We are going to unveil our know-how to the market whereas trying to realize world data in electrical aviation.”

Panhwar Jet is assembling the prototype plane in Heber Metropolis, Utah, and plans to conduct early take a look at flights starting in 4th Quarter 2021

Contact:

Panhwar Jet Inc.

Ms. Kulsum Hussain, Communication Supervisor at Panhwar Jet 

E mail: Kulsum@panhwarjet.com

Net: https://www.panhwarjet.com

Cell: (949) 763-9601

Contact:

Valkyrie Group LLC

Doug Corpuz, Vice President of Operations

E mail: doug@valkyriegrp.com

Net: http://www.valkyriegrp.com

Cell: (801) 580-6685

Supply: Valkyrie Group