Company

Urban Aeronautics Ltd. (UrbanAero) Founded and headed by Dr. Rafi Yoeli, UrbanAero has established an early lead in developing a compact VTOL vehicle with no exposed rotors that is tailored to meet FAA requirements for powered lift vehicles and also capable of flying and operating inside complex urban and natural environments. With over 35 years experience in aerospace research and development, Dr. Yoeli has assembled a world-class team, which works with him to realize his vision for developing one of the last areas of aviation remaining to be pioneered: “Rotorless” Vertical Take Off & Landing aircraft.

Mission Statement

To create, manufacture and market a family of VTOL, multi-mission, utility aircraft known as Fancraft™ that are capable of operating safely in complex urban and natural environments.

Vision

UrbanAero's long-range vision is to become the world leader in intra-urban aviation and to develop, manufacture and market a family of revolutionary, FAA certifiable and military urban aerial aircraft. The current focus of the company is the Cormorant (formerly AirMule) Unmanned multi-role aircraft for military use. Additionally, manned Fancraft™ variants for civil air-taxi and MedEvac applications are being contemplated. It is anticipated the initial implementation for civilian and manned Fancraft™ will be mainly for urban rescue and medical evacuation. The design, however, allows for tailor-made modifications that adapt the aircraft to an unlimited variety of tasks. Examples include utility work (i.e. power line maintenance or bridge inspection), civil policing and intra-urban or ship-to-shore taxi service, to name just a few.

Technology

Of 47 U.S. and worldwide patents that have been applied for, 39 have already been granted. UrbanAero is continuously improving and updating patents and strengthening its IP assets. UrbanAero’s Fancraft™ designs represent the aggregation and integration of cutting edge technologies that include highly modified ducted fans, controls, stability systems, fly-by-wire technology, advanced composites and a low acoustic signature. These proprietary technologies represent a significant barrier to entry for competing companies.

Partnerships

UrbanAero is in search of partners who are either capable of supplying components, or of assisting in lobbying for, manufacturing, and marketing the final product. Currently, UrbanAero is in discussions with leading aerospace companies concerning terms of cooperation for strategic partnerships.

Investment Considerations

Please contact Urban Aeronautics for further detail: info@urbanaero.com

Board of Directors

Major-General (Res.) Herzle Bodinger – Chairman: Former Commander of the Israeli Air Force from January 1992 through July 1996. During his 35 years of service, he served as a fighter pilot while holding various command positions. Mr. Bodinger holds a B.A. degree in Economics and Business Administration from the Bar-Ilan University and completed the 100th Advanced Management Program at Harvard University. Since his retirement from active duty he has served as chairman of the Board of Rada Electronics Systems Ltd., a position which he will continue to hold in parallel to his position as Chairman of the Board of Urban Aeronautics Ltd. Dr. Rafi Yoeli – Founder and CEO: Dr. Yoeli is widely recognized as a leading authority in the field of VTOL aircraft development. He was previously the founder and Managing Director of AD&D, Ltd. (Aero Design & Development), a group leader at Israel Aircraft Industries, and a Senior Engineer at Boeing Aircraft. He serves as a reserve officer in the Israeli Air Force. Maj. Gen. (ret.) David Ivry – Observer: Formerly Commander of the Israeli Air Force and Deputy Chief of Staff of the Israel Defense Forces. Mr. Ivry went on to serve as Principal Assistant Minister of Defense for Strategic Affairs and Director-General of the Ministry of Defense as well as Israel’s National Security Advisor, Head of the National Security Council and Israel's Ambassador to the United States. Lt. Col. (Res.) Eran Ron – Director: From 1978 to 1986, Mr. Ron served as a fighter pilot in the Israeli Air Force. From 1991 to 1994 he served as a diplomat in the Israeli Foreign Ministry. His last posting was as deputy director of the Israeli consulate-general in Istanbul-Turkey. Since 1995 he has been a CEO and manager in several companies and currently owns and manages Ish-Or Management Ltd. He is also a founding partner in Eshkol, Gaberman, Ron, a mediation and dispute arbitration firm. Mr. Ron Tryfus – Director: Mr. Tryfus has nearly 20 years of experience in marketing, sales and business development. He has held the position of VP Marketing for several companies and also serves on the boards of a number of high tech companies. In 2003 he established Lynxth Business Development Ltd. Lynxth provides consultancy services in international marketing and business development with a focus on command and control systems. Between 1993-1997 Mr. Tryfus was employed by Israel Aircraft Industries (IAI Ltd.), first as a systems engineer and from 2004 onward as Marketing Manager for Asia, focusing on China and Mongolia and responsible for all IAI activities in these countries. Between 1978 – 1993 Mr. Tryfus served as an officer in the IAF (Israel Air Force) Command and Operations division and subsequently in the operation and control of Unmanned Aerial Vehicles. Mr. Tryfus is still in active reserve duty at the IAF (UAV operations) and holds a rank of Lt. Colonel. Mr. Tryfus holds a B.A. in Economics and Business Administration (Bar-Ilan University), L.L.B (Haifa University) and L.L.M (Tel Aviv University and UC Berkeley). Mr. Zivi Nedivi – Director: Mr. Nedivi has an extensive background in the fields of defense, aerospace and investment. While serving in the Israel Air Force as an F-15 pilot he was a consultant to Israel Aircraft Industries for the Lavi fighter program. He completed his service with the rank of Major. Following the IAF, Mr. Nedivi was the General Manager of Maakav Ltd., representing U.S. aerospace companies in the Israeli market. He was the CEO and President of both Kellstrom Industries and Kellstrom Aerospace in Miramar, Florida. He was formerly the CEO of Axiom Investment Advisors and continues as a senior advisor to the company. In addition, Mr. Nedivi serves as a director in a number of companies. Mr. Nedivi is a graduate of the Israel Air Force Academy and also holds a Bachelors degree in Business Administration.

Legal Counsel

Ehud (Udi) Arad – Legal Counsel: Adv. Arad, founding partner of Arad & Co., Law Offices, has a rich experience of over 20 years in offering the highest standards of extensive legal solutions in a wide variety of practice-areas, focusing in corporate and commercial law. Adv. Arad accompanies Urban Aeronautics from inception, attending to its legal needs as well as contributing to its business and commercial development.

Subsidiaries

Tactical Robotics Ltd. (“TRL”) is a wholly owned subsidiary of Urban Aeronautics Ltd. TRL was formed in order to focus on the development of Air Vehicle configurations based on a license from UA for the unmanned military and homeland security markets. TRL has taken the lead in the development of the "Cormorant" (formerly AirMule) — an advanced and patented VTOL Unmanned Air Vehicle. Additional TRL information can be found at www.tactical-robotics.com Metro Skyways Ltd. (“MSL”) is a wholly owned subsidiary of Urban Aeronautics Ltd. MSL was formed in order to focus on the development of AV configurations based on a license from UA for the manned civil markets (such as Air Taxi, Air Rescue and Medical Evacuation). Additional MSL information can be found at www.metro-skyways.com