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Odys Aviation ✈️
transforming the takeoff
a note from us
after a traffic-filled trek to the airport, a security check line longer than Disney Land on a holiday weekend, and an hour killed at the gate, you finally make it onto the plane
“attention passengers, this is your captain speaking
we apologize, but our takeoff is delayed due to high runway traffic
for now, we thank you for flying with us and encourage you to sit back, relax, and enjoy the wait” 🤬
just about every flight has its own version of lines, delays, and hassle
this week’s company may have a solution for a shorter, smoother travel experience
in a sentence
Odys Aviation is an airplane manufacturer building a new aircraft that makes traveling quicker and more efficient
new aircraft: Odys’ aircrafts take off and land vertically (VTOL), eliminating the need for a runway ↕️
quicker: the company will utilize small, regional airports and helipads to skip security lines and gate walks
bulleted version: these aircrafts take off and land like helicopters, but get you to and from your destination like planes…
🚁 +🛩 = planeicoptor
the basics
industry: industrials, aviation 🛩
headquarters: Long Beach, CA 🏝
year founded: 2019
company size: < 25 employees 🧳
notable investors: Giant Ventures, Countdown Capital, Soma Capital US Dept. of Defense, Starburst Ventures, Y Combinator, Nikhil Goel, Kyle Vogt
amount raised: $13.8m

due diligence
what we like
⏰ time is money: today’s travel headache includes a commute to the airport, early arrival for check-in and security, potential delays, and deplaning
think about the increased productivity or vacation time we would gain from skipping steps in this process
✅ climate friendly: commutes, takeoffs, and landings have huge environmental consequences; skipping out on these steps + running fully electric for the first 200 miles puts these aircrafts ahead
an upgrade is needed: not an upgrade to first class, but for the slow-moving aviation industry
while some improvements have been made (inflight entertainment, better fuel economy, bigger aircrafts), a simpler, faster, greener, and cheaper flying experience is well overdue
potential risks
🤝 partner-dependent: their business model relies on partnering with and selling to airline companies, who have dealt with lower sales, frequent consolidation, and high employee turnover
no product yet: the aircraft is ready to fly in 2026
we’ve seen future-forward transportation companies raise big money with no product, leading to valuation turbulence
🦺 safer: many consumers fear the safety of small planes; whether their safety should be questioned, Odys will have to convince hesitant consumers to ride their planes
founder profiles
James Dorris (prev. Virgin Hyperloop)
Axel Radermacher (prev. Karma Automative)
Tadeh Avetian (additionally L.A Turbine)
comps
why Odys Aviation: vertical takeoff and landing does have a few players, but Odys is changing the way we utilize airports and travel between local cities 🛫
we can’t wait to tell our kids about when we had to leave 3 hours early for a 2-hour flight