Jetoptera

Jetoptera is an aerospace company targeting the trillion-dollar market for advanced air mobility.

It’s created a new type of personal aircraft. By removing noisy rotors and spinning propellers, the company’s Fluidic Propulsive System delivers the speed and efficiency of a jet with the vertical freedom of a helicopter, without the noise.

As a result, Jetoptera’s aircraft can go where others haven’t, enabling the company to expand the world of aerial mobility.

Making personal air travel affordable and easy has been a goal within the aerospace industry for decades. But traditional air travel requires bulky aircraft and plenty of open space for the aircraft to take off and land.

This has given rise to the idea of aircraft that can take off and land without needing a runway, a concept known as vertical-takeoff-and-landing (VTOL).

Helicopters are an example of this type of aircraft. So are electric vertical-takeoff-and-landing (eVTOL) units. But these options are slow, complicated to use, and can be too expensive for many. Safety, efficiency, and noise are other factors limiting the potential of this form of transportation.

Jetoptera believes the world needs vertical flight that is quiet enough for cities, safe around people and infrastructure, fast enough for regional trips, and flexible enough to support fuels of both today and tomorrow.

That’s why it’s building a new class of aircraft around bladeless propulsion. Its FPS system replaces spinning propellors with a jet stream of accelerates airflow, transforming how the principles of thrust and lift are generated.

Because FPS uses air rather than rotating metal, it’s lighter, safer, and less complex than traditional propulsion. Jetoptera’s system produces minimal vibration and noise, and allows the entire airframe to function in aerodynamic synergy with the propulsor.

Jetoptera’s aircraft can travel up to 230 miles per hour and is compatible with aviation fuel, hydrogen, or traditional jet fuel. It’s quieter than helicopters and turbofans and costs less to acquire and maintain.

The company has created a line of aircraft models, ranging from an unmanned version for surveillance purposes to a four-seat aircraft that can travel 500 miles on a single flight.

Jetoptera has collaborated with Pratt & Whitney, an aerospace manufacturer, as well as multiple U.S. Department of War agencies. The company has been awarded seven military contracts valued at more than $3.3 million. And it’s sponsored by the U.S. Special Operations Command and Air Force Special Operations Command. It even received a 2022 contract from AFWERX, the innovation arm of the U.S. Air Force (one of eleven funded from more than 200 entrants).

Jetoptera demonstrated its flagship jet engine that powers its FPS at the 2025 Paris Air Show. This demonstration showed that the company is ready for commercial development. It’s also secured more than sixty patents and secured protection for every major aspect of its propulsion and aircraft design.

With its aircraft, Jetoptera is targeting a trillion-dollar market. This consists of sectors like airlines, logistics, automotive, and defense. Its aircraft could potentially be used as a medical vehicle, air taxi, cargo-delivery service, or disaster-relief aid.

Jetoptera aims to further develop and release its line of aircraft over the next five years. By 2031, revenue is projected to touch two billion dollars.

Team Background

Andrei Evulet - Co-Founder & CEO

Andrei has thirty years of experience as an aerospace engineer.

Prior to starting Jetoptera, he was a systems engineer with GE Aviation. He also worked as a senior engineer with GE’s Global Research division.

During his time there, he helped develop more than thirty technologies related to gas turbines, propulsion, clean energy, and energy storage. He also provided technical leadership for a team that developed novel jet-fuel combustors with GE Aviation.

Andrei earned a Bachelor’s degree in Aeronautical Engineering from The University of Manchester, a Master’s degree in Aerospace — Propulsion Systems Engineering from the University of Bucharest, and a Ph.D. in Mechanical and Aerospace Engineering from Rutgers University.

Simina Farcasiu - Co-Founder & CFO

Simina is a three-time startup founder who also co-founded a hedge fund with peak assets-under-management of $1.4 billion.

She began her career in finance, working for Credit Suisse and then Merrill Lynch. She then worked with Bear Stearns before becoming Chief Portfolio Strategiest with Silverback Asset Management.

More recently, she founded Lower48 Analytics, a software company focused on the oil & gas industry. She also served as a managing partner with Energy Finance Partners.

She studied at Princeton and earned a Ph.D. from the University of London.

Co-Investors