Kestrel PAV (Personal Air Vehicle)

Pug · 14th January 2005, 16:27

Ok, I know the US did it first but this is a UK-based company.
I caught it on Dragons' Den (or something like that) the other night.
Basically the guy was pitching to potential sponsors for a cash investment.
I think he asked for something like £70,000 in return for a 20% share or something.
When you consider they have a working prototype already and the list price is slated to be around £30K ITA (in the air ;) ), that's a very attractive prospect.

All five investors turned the guy down 'cos he wouldn't reveal details of the technology even though he had a patent filed for it.

Madness!
I'd have ripped his arm off given the chance (and a go in one first

).

Few details - it's completely made of CF and you get an hours flight from 2 litres of fuel (iirc).

Linky - Kestrel Aerospace

Fibbles · 14th January 2005, 16:37

That's pretty hot. I'd be afraid to invest in it though, people are too sue-happy these days and that looks like it could have liability issues with stupid people.

Starbuck3733T · 14th January 2005, 17:21

All they need is a good legal bullshitter.

...NO WARRANTY.

Pug · 14th January 2005, 17:29

Hehe, or as someone just pointed out to me offline - a pilot's licence requirement rather than a driving licence...

14th January 2005, 16:27	#1
Pug Ich bin ein modder Admin Join Date: Dec 2003 Location: SW Wales, UK Posts: 6,832 Thanks: 90 Thanked 63 Times in 51 Posts Country:	Kestrel PAV (Personal Air Vehicle) Ok, I know the US did it first but this is a UK-based company. I caught it on Dragons' Den (or something like that) the other night. Basically the guy was pitching to potential sponsors for a cash investment. I think he asked for something like £70,000 in return for a 20% share or something. When you consider they have a working prototype already and the list price is slated to be around £30K ITA (in the air ;) ), that's a very attractive prospect. All five investors turned the guy down 'cos he wouldn't reveal details of the technology even though he had a patent filed for it. Madness! I'd have ripped his arm off given the chance (and a go in one first ). Few details - it's completely made of CF and you get an hours flight from 2 litres of fuel (iirc). Linky - Kestrel Aerospace
	__________________ "To laugh often and much; to win the respect of intelligent people and the affection of children... to leave the world a better place... to know even one life has breathed easier because you have lived. This is to have succeeded." - Ralph Waldo Emerson. 1803-1882

14th January 2005, 16:37	#2
Fibbles Fibbling Private Investigator Super Mod Join Date: Jun 2004 Location: Sesame Street Posts: 5,119 Thanks: 1 Thanked 3 Times in 3 Posts Country:	That's pretty hot. I'd be afraid to invest in it though, people are too sue-happy these days and that looks like it could have liability issues with stupid people.
	__________________

14th January 2005, 17:29	#4
Pug Ich bin ein modder Admin Join Date: Dec 2003 Location: SW Wales, UK Posts: 6,832 Thanks: 90 Thanked 63 Times in 51 Posts Country:	Hehe, or as someone just pointed out to me offline - a pilot's licence requirement rather than a driving licence...
	__________________ "To laugh often and much; to win the respect of intelligent people and the affection of children... to leave the world a better place... to know even one life has breathed easier because you have lived. This is to have succeeded." - Ralph Waldo Emerson. 1803-1882

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14th January 2005, 17:21	#3
Starbuck3733T Pug's favorite post whore Admin Join Date: Jan 2004 Location: Cincinnati, OH Posts: 8,234 Thanks: 2 Thanked 8 Times in 8 Posts Country:	All they need is a good legal bullshitter. ...NO WARRANTY.