Martin Aircraft to exhibit at the Czech International Air Fest (CIAF)

31 July 2015

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Martin Aircraft Company Limited (Martin Aircraft), (ASX:MJP) is pleased to announce that in collaboration with our European beachhead partner Martin Aircraft Company s.r.o. (MACSRO) we shall be participating with a simulator and static aircraft in the Czech International Air Fest (CIAF) which will be held at Hradec Kralove on 5th and 6th September 2015.

CIAF is the largest air show and competition of top military and civilian aircraft in the Czech Republic. Held in early September at the airport in Hradec Králové crowds of over 150,000 spectators and aviation professionals gather to take part in one of eastern Europe’s major aviation events.

At this year’s show Martin Aircraft will introduce to the European aviation community the latest model of the Martin Jetpack, the world’s first practical personal jetpack, with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned. Over the 2 days of CIAF, the Martin Jetpack will be exhibited to potential regional customers and suppliers, as well as simulator demonstrations being available.

 
Further information on CIAF can be found at www.airshow.cz

New Career Opportunities at Martin Jetpack

We continue to grow and there has never been a better time to join us.

Martin Aircraft HQ


With international interest in Martin Jetpack at an all-time high and the funding in place to move into the next exciting phase of commercial development our team of specialist engineers is set to grow significantly over the coming months. A career with us will provide you with the opportunity to be one of the early pioneers joining a small, hardworking and dynamic group of Engineers. There are new and different challenges on a daily basis which will test your technical expertise and capacity to think outside of the box. You'll have access to ongoing training and development relevant for your role and given our growth plans and the company's relative early stage of development, there will be career progression opportunities for the right people.


We are currently looking to hire:

  • Mechanical Design Engineer
  • Senior Mechanical Design Engineer
  • Aerodynamics Engineer
  • Substantiation Engineer (Mechanical)
  • Senior Substantiation Engineer (Mechanical)
  • Systems Test Engineer - Software
  • Software Engineer
  • Senior Software Engineer
  • Systems Engineer
  • Electronics Engineer
  • Flight Simulator Technician


For more information contact our recruitment partners at The Talent Hive by emailing your enquiry and CV to This email address is being protected from spambots. You need JavaScript enabled to view it. or by calling +64 (0)3 2818448 and asking for Matt Love-Smith or Marc Denholm. All enquiries are treated in the strictest confidence.

Au Revoir Paris – you have been amazing!

21 June 2015

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Today the 51st The International Paris Air Show, known locally as "Salon international de l'aéronautique et de l'espace, Paris-Le Bourget" draws to a close.


For the Martin Aircraft Company the Show has been an overwhelming success both in terms of the business and the opportunity introduce to the global aviation community the latest model of the Martin Jetpack, the world's first practical personal jetpack, with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned.


Thanks to the excellent coverage on all the major international media channels our stand at Le Bourget rapidly became the "must see" aircraft exhibit for the over 130,000 trade visitors to the show. We even had VIP guests fly in especially to come and meet with us having read about our participation in Paris from as far away as India, the Middle East and the United States.


Highlights include the four agreements signed in Paris, namely;

  • An agreement with Beijing Flying Man Science & Technology Ltd involves the parties working towards the future delivery of a Martin Aircraft package with an initial tranche of 100 manned Jetpacks, 50 unmanned Jetpacks, 25 static models and 25 simulators. It is noted that at this stage the agreement is a strategic co-operation agreement and any sales are dependent upon a successful supply agreement.
  • An agreement with Beijing Voyage Investment Ltd a subsidiary company of well-known Chinese-based AVIC International Holdings Ltd for the intended future delivery of manned and unmanned Jetpacks, simulators, and static models.
  • An alliance agreement with Czech Republic-based Martin Aircraft Company s.r.o. to establish a European sales centre for the Martin Jetpack.
  • An alliance agreement with New Delhi based M2K Group Ltd to establish a regional sales presents in commercially important India market.


We look forward to returning to Paris in 2017 and have already commenced discussions with the Air Show organisers on having a Martin Jetpack flight display in the program.

Success in Paris!

Martin Aircraft enters four agreements related to the Martin Jetpacks at Paris International Air Show

16 June 2015

mjp ann

Today was an exciting day at the 51st International Paris Air Show for New Zealand-based Martin Aircraft Company Limited (Martin Aircraft or Company)(ASX:MJP) as it has made four major announcements, including the establishment of a significant business relationship based in China, that the Company hopes will open up commercial opportunities for its innovative and futuristic Martin Jetpack.

Named as one of Time magazine's Top 50 inventions for 2010, the Martin Jetpack is the world's first practical jetpack, with potential search and rescue, military, recreational and commercial applications, both manned and unmanned.

The Martin Jetpack has quickly become one of the more interesting exhibitors at this year's Paris Air Show capturing the imagination of both governments and industry participants.

Chief Executive Officer/Managing Director of Martin Aircraft, Mr Peter Coker said, "We knew that coming to Paris would be an important commercial milestone for us as we launch the Martin Jetpack and our Heavy Lift Unmanned Aerial Vehicle onto the global stage, but we were not prepared for the scale of interest that the Martin Jetpack has generated in just the last two days alone",

The four agreements signed by Martin Aircraft today in Paris are:

  • An agreement with Beijing Flying Man Science & Technology Ltd involves the parties working towards the future delivery of a Martin Aircraft package with an initial tranche of 100 manned Jetpacks, 50 unmanned Jetpacks, 25 static models and 25 simulators. It is noted that at this stage the agreement is a strategic co-operation agreement and any sales are dependent upon a successful supply agreement.
  • An agreement with Beijing Voyage Investment Ltd a subsidiary company of well-known Chinese-based AVIC International Holdings Ltd for the intended future delivery of manned and unmanned Jetpacks, simulators, and static models.
  • An alliance agreement with Czech Republic-based Martin Aircraft Company s.r.o. to establish a European sales centre for the Martin Jetpack.
  • An alliance agreement with New Delhi based M2K Group Ltd to establish a regional sales presents in commercially important India market.

The signing ceremony was witnessed by senior government representatives of New Zealand, China, India and the Czech Republic, along with the Chair of Martin Aircraft, Mr Jon Mayson, Chairman of KuangChi Science and Martin Aircraft Director Dr Ruopeng Liu, and Chief Executive Officer/Managing Director of Martin Aircraft, Mr Peter Coker.

Commenting on the signing of the four agreements, Mr Coker said, "The Company has progressed rapidly since its public listing on the Australian Securities Exchange earlier in the year. We are now well on the path to commercialisation and our move from a Research & Development company to a commercial entity is well marked today with these announcements.

Mr Coker noted that "Production will be primarily undertaken at our New Zealand manufacturing facility and with an expected eventual capacity of up to 500 units per annum, we are confident we can meet the demands from both the Chinese and International markets".

Martin Aircraft is currently exhibiting at the Paris Airshow and can be located in Hall 5 G249.
END

Martin Jetpack App goes live!

13 June 2015

Come and explore the Martin Jetpack in the comfort of your Home or Office with our new Augmented Reality Application.

 

jetpack app 1

Just like the Martin Jetpack, during the past two decades, augmented reality (AR) went from science fiction pipe dream to practical reality. Essentially, augmented reality means building upon the real, physical world around us by displaying information overlays and digital content tied to physical objects and locations.

With the Martin Jetpack augmented reality app, you can by using a specially encoded coaster bring a 3D Jetpack to life in the comfort of your home or office. You can watch videos of the jetpack and its special features, study technical information and diagrams plus much more!

Available in both Android and iOS devices it’s free to download here

Come Fly the Dream - eBook

8 June 2015

This specially commissioned booklet explores the unique and wonderful world of the Martin Jetpack through powerful imagery.

Reconnect with your passion for flight and discover what makes this innovative and futuristic aircraft something truly special.

Au revoir Wigram, Bonjour Paris

7 June 2015

Just over a week to go before the start of the 51st Paris Air Show which will take place at Le Bourget exhibition centre, Paris, France, from 15 to 21 June 2015.

The team in Wigram have been putting in the long hours getting one of our P12 Jetpacks ready for airfreighting along with a custom build trade stand and prototype simulator which will be making its debut at this prestigious event.

img 1062

The International Paris Air Show, known locally as "Salon international de l'aéronautique et de l'espace, Paris-Le Bourget" is the world's oldest and largest air show. Established in 1909, The Paris Air Show is arguably the world's premier trade show for the aviation industry and its professionals. Held every 2 years it draws the biggest and the best aviation companies, suppliers and users from around the world who showcase their products and services to an audience of global buyers and operators including customers in the First Responder community and Government agencies which are earmarked to be key clients of Martin Aircraft following commercialisation of the Martin Jetpack.

At this year's show Martin Aircraft will introduce to the global aviation community the latest model of the Martin Jetpack, the world's first practical personal jetpack, with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned. Over the six days of the Paris Air Show, the Martin Jetpack will be exhibited to potential global customers and suppliers, as well as simulator demonstrations being available.

Martin Aircraft's stand will be located in a prime location in Main Hall 5 site G/249.

Further information on The Paris Air Show can be found at http://www.siae.fr/EN.htm

We are Hiring more Topguns!

28 May 2015

Have you got the Right Stuff to join our Engineering team?

Ease of Flight

We are growing and there has never been a better time to join us!

With international interest in Martin Jetpack at an all-time high and the funding in place to move into the next exciting phase of commercial development our team of specialist engineers is set to grow significantly over the coming months. A career with us will provide you with the opportunity to be one of the early pioneers joining a small, hardworking and dynamic group of people.

There are new and different challenges on a daily basis which will test your technical expertise and capacity to think outside of the box. You'll have access to ongoing training and development relevant for your role and given our growth plans and the company's relative early stage of development, there will be career progression opportunities for the right people.

We are currently looking to hire:

  • Mechanical Engineer
  • Test Technician (Electrical) 
  • Flight Test Engineer
  • Flight Operations Technician
  • Technical Information Officer

For more information contact our recruitment partners at The Talent Hive. You can visit www.thetalenthive.co.nz for detailed descriptions of the positions, email your CV to This email address is being protected from spambots. You need JavaScript enabled to view it. or call Matt Love-Smith or Marc Denholm on +64 (0)3 281 8448.

 

Fortune 500 Company visits Martin Jetpack

30 April 2015

Martin Aircraft had the pleasure to host Senior Delegation from China North Industries Corporation at our production and testing facilities in Christchurch, New Zealand.

The delegation was led by President Wang Yulin who had made the journey to personally inspect the Martin Jetpack and our manufacturing facilities.

Ranked number 154 of global Fortune 500 companies, The China North Industries Corporation (Norinco) has an impressive set of business statistics including turnover of some US$400 Billion and work force of nearly 28 million employees

Norinco manufactures vehicles (trucks, cars and motorcycles), machinery, optical-electronic products, oil field equipment, chemicals, light industrial products, explosives and blast materials, civil and military firearms and ammunition. Norinco is also involved in both domestic and international civil construction projects as well as petroleum and mineral exploration.

After an introductory meeting with the Senior Management team and a tour of our production facilities at Martin Aircraft, Mr Wang and his delegation travelled to the local Air Base where we are currently filming for our new capability video. This provided our guest the opportunity to see one of our aircraft first hand in an operational setting and to speak with our test pilots which they enjoyed immensely.

ASX Interview with Peter Coker

27 April 2015

Martin Aircraft Company Limited (ASX:MJP) Managing Director and CEO Peter Coker details plans for its disruptive jetpack technology in this interview with the ASX.

ASX interview April 2015

 Peter Coker for web

Bonjour Paris!

paris airshow

21 April 2015

Martin Aircraft Company Limited is pleased to announce that it has successfully secured a prestigious exhibition place at the 51st Paris Air Show which will take place at Le Bourget exhibition centre, Paris, France, from 15 to 21 June 2015. The last event held in 2013 attracted 315,000 visitors and resulted in historic high orders for aircraft manufacturers being announced, totalling approximately $150 billion.

The International Paris Air Show, known locally as “Salon international de l'aéronautique et de l'espace, Paris-Le Bourget” is the world's oldest and largest air show. Established in 1909, The Paris Air Show is arguably the world’s premier trade show for the aviation industry and its professionals. Held every 2 years it draws the biggest and the best aviation companies, suppliers and users from around the world who showcase their products and services to an audience of global buyers and operators including customers in the First Responder community and Government agencies which are earmarked to be key clients of Martin Aircraft following commercialisation of the Martin Jetpack.

At this year’s show Martin Aircraft will introduce to the global aviation community the latest model of the Martin Jetpack, the world’s first practical personal jetpack, with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned. Over the six days of the Paris Air Show, the Martin Jetpack will be exhibited to potential global customers and suppliers, as well as simulator demonstrations being available.

Martin Aircraft’s stand will be located in a prime location in Main Hall 5 site G/249.

Further information on The Paris Air Show can be found at http://www.siae.fr/EN.htm

Meet our new Director of Flight Operations

Martin Aircraft is pleased to announce that it has appointed Mr Michael Read as Director of Flight Operations.

michael read

Michael joins Martin Aircraft after 13 years as a Royal Australian Air Force (RAAF) pilot, most recently as a Captain on RAAF Airbus A330 conducting Multi-Role: Air-to-Air Refuelling and passenger operations in the Middle East.

Michael holds a Bachelor of Science and an Airline Transport Pilot’s Licence and has extensive aviation experience and knowledge including flight testing and certification. Concurrent with his military duties, Mr Read has been working as an aviation consultant, focussing on aviation safety management systems and international regulatory compliance.

The Martin Jetpack Prototype 12 has attained New Zealand Civil Aviation Authority (CAA) authorisation to fly manned and pilotless, via remote control. Michael has a strong background in Regulatory Affairs and as part of his duties he will assist Martin Aircraft to obtain similar certification with other national regulators.

Michael’s test and evaluation background, coupled with his management skills, will also benefit the ongoing project management of the commercialisation of the Jetpacks into the first responder community. Mr Read is also highly qualified in Flight Simulation, and has experience in the certification process of Level D (Full Flight) simulators which will build further capability as we work with customers to support pilot training and licensing.

Michael’s appointment completes Martin Aircraft’s global search to assemble a senior management team with the international experience, in-depth knowledge, and skills, to drive the business forward and deliver against the company’s business objectives.

Globetrotter visits Martin Aircraft

14 April 2015

Heidi Hetzer is a 78-year-old former automobile dealer, rally car driver, classic car collector and popular celebrity in Berlin, Germany. She is currently circumnavigating the globe in a vintage car. She started in July 2014 in Berlin, driving a 1930 Hudson.


Heidi's travels have so far taken her through Eastern Europe, Central Asia, Mongolia, China, South Asia and Australia. Now she's in New Zealand she took the opportunity to visit Martin Aircraft and get a first-hand look at our P12 Jetpack and to make enquiries about securing her own personal Jetpack for delivery in 2017.


I am currently planning my 80th Birthday celebration which will be held at an exclusive gathering in Berlin. "I can't think of a better way to arrive in style than in my own personal Martin Jetpack" said Heidi.


After New Zealand next will be the USA where she starts in L.A. heads north to Canada, east by way of Chicago to New England, south to Florida and finally back west around Thanksgiving 2015. Then she will drive her Hudson named "Hudo" south all the way to Patagonia and cross the southern Atlantic to South Africa (April 2016). Finally back home to Berlin by June 2016.


We wish Heidi the very best for her travels and look forward to being part of her next great adventure!

We are Hiring!

Have you got the Right Stuff to join our Engineering team?

Ducted Fan

With international interest in Martin Jetpack at an all-time high and the funding in place to move into the next exciting phase of commercial development our team of specialist engineers is set to grow significantly over the coming months.

A career with us will provide you with the opportunity to be one of the early pioneers joining a small, hardworking and dynamic group of Engineers. There are new and different challenges on a daily basis which will test your technical expertise and capacity to think outside of the box. You'll have access to ongoing training and development relevant for your role and given our growth plans and the company's relative early stage of development, there will be career progression opportunities for the right people.

We are currently looking to hire:

  •    Team Leader - Structure & Mechanical Design
  •    Team Leader - Design Substantiation
  •    Team Leader - Systems
  •    Senior Engineer -Engine Sustainment
  •    Senior Engineer- Composites
  •    Requirements Engineer
  •    Test Engineer (mechanical)
  •    Test Engineer (electrical/electronic)
  •    Test Technician

For more information contact our Engineering and Technical recruitment partners at The Talent Hive by emailing your enquiry and CV to This email address is being protected from spambots. You need JavaScript enabled to view it. or by calling +64 (0)3 2818448 and asking for Matt Love-Smith or Marc Denholm. All enquiries are treated in the strictest confidence.

Martin Aircraft Company hosts US Congressional Staff Delegation

Thursday 12 March 2015

house of representatives seal

Martin Aircraft had the pleasure to host Senior US Congressional Staff members from both the Republican and Democrats parties at our production facilities in Christchurch today.

The delegation comprised of Legislative Directors and Advisers to key members of the US House of Representatives, Caucus and other important Subcommittees including the House Ways and Means Committee and Select Revenue Measures Subcommittee.

As a disruptive technology, much like the helicopter was when first developed the Martin Jetpack presents opportunities for deployment into new roles and applications. The delegation which included experts on Strategic Security Studies were keen to see first-hand these capabilities and explore the operational advantages for the Jetpack over traditional modes of transport.

All took up the opportunity to fly the Jetpack simulator and experience its ease of operation and manoeuvrability.

MINISTER OF TRANSPORT VISITS MARTIN AIRCRAFT COMPANY

On Friday, the New Zealand Transport Minister, the Hon Simon Bridges visited our production facilities in Christchurch New Zealand.

mot visit

The Minister enjoyed his visit, and came away with a fantastic overview of Martin Aircraft Company and our plans for commercialisation of the Martin Jetpack.

He was particularly pleased to see hear how well-coordinated and helpful the various regulatory departments have been in assisting with certification of the Martin Jetpack both for manned and unmanned air vehicle (UAV) operations and how this experience can be used to obtain similar certification with other national regulators. 

Martin Jetpack has been designed with safety in mind and for easy adoption, with pilot qualifications easy to obtain. The Jetpack is “fly by wire” so unlike other aircraft including helicopters it is relatively easy to operate. The Minister himself took the opportunity to test fly a Jetpack using our Simulator and quickly became skilled in its operation flying a number of sorties.

MARTIN AIRCRAFT BEGINS TRADING ON THE ASX

24 February 2015

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New Zealand based Martin Aircraft Company Limited (ASX:MJP) manufacturer of the Martin Jetpack, the world's first practical jetpack able to be flown by a pilot or via remote control began trading today at 11:00 AEDT on the Australian Securities Exchange (ASX) under the ticker symbol MJP.

The Company’s oversubscribed listing follows a cornerstone investment agreement with Hong Kong listed KuangChi Science Limited (KuangChi Science) and support from both the general public and existing shareholders under the Equity Offer to raise the maximum subscription amount of A$27 million , at an offer price per share of A$0.40 for a total market cap of approx. A$98 million.

The Martin Jetpack is initially set to become an important tactical asset to the first responder community, such as Police, Fire Service, Defence and Natural Disaster recovery & emergency response organisations. First deliveries will be in the second half of 2016.

Peter Coker, Managing Director and CEO said: “The IPO capital raised along with additional funds in the future from KuangChi Science will allow Martin Aircraft to focus 100% on the commercialisation of the Jetpack. Along with a manned capability our unmanned version will also allow us to target the US$98 billion Unmanned Aerial Vehicle (UAV) market with our heavy lift Vertical Take-off and Landing (VTOL) UAV, The Martin Skyhook. Our UAV has a significant operational advantage in that it is able to carry a commercial payload of up to 120kgs unlike Quadcopters who are generally limited to only a few kilograms. In addition, our ability to now be able to tap into the advanced technology that KuangChi Science offers will mean the potential of much greater capabilities in the future.” said Coker.

With a focus on safety, the Martin Jetpack has a composite structure pilot module that protects the pilot in the event of any incident and a ballistic parachute system that can deploy and safely recover the aircraft from only a few metres above the ground. This will make the Jetpack one of the safest aircraft in the world today.

This inspirational and versatile aircraft solves problems that others cannot with its ability to land on rooftops covered with aerials and wires, fly into tightly confined areas or providing an economic and practical alternative to traditional helicopters.

“Commercial Jetpacks are no longer the domain of science fiction. The dream of Glenn Martin to create a commercial Jetpack is about to be realised” said Coker.

MARTIN AIRCRAFT TO COMMENCE TRADING ON THE ASX

20 February 2015

New Zealand based Martin Aircraft Company Limited (ASX:MJP) manufacturer of the Martin Jetpack, the world's first practical jetpack able to be flown by a pilot or via remote control is expected to begin trading on 24 February on the Australian Securities Exchange (ASX) under the ticker symbol MJP.

A further public announcement with regards to this ASX listing will be made prior to the ceremony currently scheduled for Tuesday 24th February, 11am Sydney (listing time).

phoca thumb l p12  side view small

Pitch Johnson visits Martin Aircraft

26 January 2015

Ptich Johnson, a well-known venture capitalist from the Silicon Valley and philantrophist visited Martin Aircraft headquarters on Wednesday, 21 January.

Managing Director and CEO, Peter Coker showed Pitch around the facilities and introduced him to the team.

Pitch Johnson visit 3

 Pitch Johnson is known as the founding father of Silicon Valley, one of the most efficient start-up hubs in the world. 

Mr. Franklin Pitcher (“Pitch”) Johnson was co-founder in 1962 of Draper and Johnson Investment Company, venture capital company, and became an independent venture capitalist in 1965 as the founder of Asset Management Company.

Asset Management Company has made over 250 venture investments during its more than 47 years of operation. These have included Amgen, Applied Bio Systems, Applied Micro Circuits, Conductus, Hybritech, IDEC Pharmaceuticals, Octel, Qume, Red Brick Systems, Remedy, Sierra Semiconductor, Tandem Computer, Teradyne and Verity.

A keen aviator, Pitch also had a go on the Martin Jetpack Simulator and thoroughly enjoyed himself flying over Hong Kong International Airport.

Pitch Johnson visit 17

Update on Cornerstone investor and IPO

15 January 2015

Further to the media release on the 19 December 2014, in which New Zealand-based Martin Aircraft Company Limited (MACL) announced that it has signed an investment agreement with KuangChi Science Limited (KuangChi Science), MACL provides the following update.

MACL has lodged a Third Supplementary Prospectus with ASIC that incorporates material information from both supplementary prospectus issued by the Company on 12 and 19 December 2014 and further disclosure regarding the transaction with KuangChi Science. All potential investors under the IPO should review the Third Supplementary Prospectus and the original Prospectus before making any investment decision.

KuangChi Science is a Hong Kong exchange listed company engaged in the novel space services and other innovative technology businesses with certain disruptive innovations and technologies as well as other businesses. The agreement is for a long term strategic partnership which over time will see KuangChi Science have a major shareholding in MACL following a A$50M (approx NZ$53M) investment in MACL over the next 30 months.

Key aspects of KuangChi Science investment are as follows;

  • KuangChi Science will subscribe for 52.5 million Shares in the IPO at A$0.40 per Share (IPO Shares), representing an investment of A$21 million; and
  • At such time as may be agreed between MACL and KuangChi Science (being no later than the date seven days prior to the 30 month anniversary of MACL listing on the ASX, KuangChi Science will subscribe for convertible notes with a total face value of between A$23 million to A$29 million.
  • In addition to the subscription for IPO Shares and convertible notes, KuangChi Science and MACL have agreed to form a separate joint venture company for the purposes of pursuing advanced research and development on the Martin Jetpack and to undertake sales and distribution of the Martin Jetpack in Hong Kong and China following its commercialisation.

The transaction with KuangChi Science remains subject to a number of conditions and approvals, including MACL shareholder approval and various regulatory approvals. Subject to receipt of these approvals it is anticipated the initial investment by KuangChi Science will be completed in late February 2015 and that the Company will list on ASX at that time.

Peter Coker, Managing Director and CEO said: “The KuangChi Science investment agreement not only brings significant capital to drive forward the commercialisation of the Martin Jetpack, it also introduces a whole new R&D world of meta material technology and advanced simulation testing that enables product development that in our opinion is well beyond the capabilities of even some of the world’s best aircraft manufacturers”.

Dr Liu Ruopeng, Chairman and Executive Director of KuangChi Science said: “We are excited with the prospect to partner on this disruptive transport technology. With our knowledge of advanced materials we hope to be able to help build a lighter, stronger Jetpack with increased payload and range that will open a whole new set of market opportunities here in China and globally”.

A copy of the third supplementary prospectus will be available for download from www.martinjetpack.com/offer . The Third Supplementary Prospectus Application Form (whether paper or electronic) must be received by 5.00pm (Sydney time) on the Closing Date (being 13 February 2015).

For further information, please contact:

Peter Coker
TEL: +64 (0)3 377 8584
MOBILE: +64 (0)21 811 005
EMAIL: This email address is being protected from spambots. You need JavaScript enabled to view it.
WEB: www.martinjetpack.com

About Martin Aircraft Company
Martin Aircraft Company is the maker of the world’s first practical jetpack set to revolutionise the industries of aviation, recreation and transportation. MACL is currently focused on developing the Martin Jetpack for use as a first responder vehicle and a heavy lift unmanned air vehicle.

About KuangChi Science
KuangChi Science is a Hong Kong Exchange listed technology company focussed on groundbreaking novel space services. KuangChi has a nickname as “Alien Tech” and is dedicated to making innovations that change the world.

Martin Aircraft signs agreement with KuangChi Science Limited

19 December 2014

New Zealand-based Martin Aircraft Company Limited (MACL) is delighted to announce that it has signed an investment agreement with KuangChi Science Limited (KuangChi Science).

KuangChi Science is a Hong Kong exchange listed company engaged in the novel space services and other innovative technology business with certain disruptive innovations and technologies. The agreement is for a long term strategic partnership which over time will see KuangChi Science have a major shareholding following up to a A$50M (approx NZ$53M) investment in MACL over the next 30 months. The initial part of the investment will be a cornerstone investment in the MACL IPO.

In addition, KuangChi Science will in due course subscribe for a convertible note issued by MACL and MACL and KuangChi Science will form a joint venture based in China concentrating on serving the China market as well as undertaking joint research & development. The transaction with KuangChi Science remains subject to a number of approvals, including MACL shareholder approval and various regulatory approvals. Subject to receipt of these approvals it is anticipated the initial investment by KuangChi will be completed in February 2015.

Peter Coker, Managing Director and CEO said: “This degree of funding is significant, especially as it allows us to press ahead with our intention to list the Company on the ASX. Based on current projections, it will also allow Martin Aircraft to fund full commercialization of the Martin Jetpack.”

Chairman of the Board, Jon Mayson said: “This is an important development for Martin Aircraft and the association with a technology company of the quality of KuangChi Science Limited is fully supported by the Board”.

The Company will lodge a supplementary prospectus with regard to these developments as soon as possible. The Company will not accept any further applications under its initial public offer until that supplementary prospectus has been lodged with ASIC. The supplementary prospectus will contain full details of the proposed transaction with KuangChi Science and variations to the initial public offer that arise as a result of the KuangChi Science proposed investment.

Once lodged, a copy of the supplementary prospectus will be available for download from www.martinaircraft.com/offer

 

For further information, please contact:

Peter Coker
TEL: +64 (0)3 377 8584
MOBILE: +64 (0)21 811 005
EMAIL: This email address is being protected from spambots. You need JavaScript enabled to view it.
WEB: www.martinjetpack.com

About Martin Aircraft Company
Martin Aircraft Company is the maker of the world’s first practical jetpack set to revolutionise the industries of aviation, recreation and transportation. MACL is currently focused on developing the Martin Jetpack for use as a first responder vehicle and a heavy lift unmanned air vehicle.

About KuangChi Science
KuangChi Science is a Hong Kong Exchange listed technology company focussed on groundbreaking novel space services. KuangChi has a nickname as “Alien Tech” and is dedicated to making innovations that change the world.

Martin Aircraft extends IPO Offer Period to 19 December 2014

19 December 2014

The Initial Public Offering (IPO) for Martin Aircraft Company Limited ("Martin Aircraft" or "Company") was due to close on Friday, 12th December 2014; however, the Board taking into account on going discussions with potential investors, has concluded that it is in the best interests of the Company to extend the IPO by one week to now close at 5.00pm on Friday, 19th December 2014, which will allow additional investors the opportunity to participate in the IPO.

The Company has lodged a supplementary prospectic with ASIC, a copy of which can be downloaded at www.martinjetpack.com/offer - the revised timetable is also included in the supplementary prospectus.

Martin Aircraft is offering up to 50 million shares at an issue price of A$0.50 / NZ$0.55 per share to raise up to A$25.0 million.

A copy of the prospectus and supplementary prospectus can be downloaded at www.martinjetpack.com/offer 

For further information: 

Ian Westbrook
M: +61 407 958 137
This email address is being protected from spambots. You need JavaScript enabled to view it.  

Reuben Buchanan
+61 422 186 686
This email address is being protected from spambots. You need JavaScript enabled to view it.  

Martin Aircraft Company extends IPO Offer Period

28 November 2014 

The Initial Public Offering ("IPO") for Martin Aircraft Company Limited (“Martin Aircraft”or “Company”) was due to close today; however, Martin Aircraft is in ongoing discussions with a potential significant investor into the IPO, and while there is no guarantee that the investor will ultimately subscribe for shares, the Board considers it prudent in the circumstances to extend the offer for a further two weeks to allow these discussions to continue. 

The IPO will now close at 5.00pm (Sydney time) on Friday 12 December 2014. However, the Company reserves the right to further extend the IPO, to vary the terms of the IPO, or to close the IPO early or at any time without further notice to any applicants. The Company will advise the revised issue date for shares, date for despatch of holding statements and ASX listing date once the IPO closes. 

It is the Board’s current intention to immediately close the IPO if the significant investor subscribes for shares during the extended period. 

Martin Aircraft is offering up to 50 million Shares at an issue price of A$0.50 / NZ$0.55 per Share to raise up to A$25.0 million. 

A copy of the prospectus can be down loaded at www.martinjetpack.com/offer 

For further information: 

Ian Westbrook 
M : +61 407 958 137 
This email address is being protected from spambots. You need JavaScript enabled to view it.  

Reuben Buchanan 
+61 422 186 686 
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About Martin Aircraft Company Limited 

Martin Aircraft Company Ltd is developing the Martin Jetpack, the world’s first practical jetpack, with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned. The Martin Jetpack will have up to 30 minutes flight capability at a speed of up to 74 km/h and an altitude up to 1,000 m. It can be flown manned or unmanned as a UAV.

Visit our website: www.martinjetpack.com 

Peter Coker, Managing Director and CEO 
M : +64 21 811 005 
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Martin Jetpack partners with airborne first responder, Avwatch

Martin Aircraft Company (MACL) and US company, Avwatch are pleased to announce their partnership in developing airborne technology capabilities for the United States Department of Homeland Security, Department of Defense, and other federal, state, and local agencies.

Avwatch Capabilities

The two companies will work together on improving specific capabilities targeted at assisting the first responder sector, including search and rescue, security, police, ambulance, fire and natural disaster recovery through the purchase and supply of Martin Jetpacks and relevant products and services. Avwatch will utilise a number of Martin Jetpacks in the demonstration of potential capability to their customers.

The package will also include a simulator for training and mission rehearsal and the necessary support of all the Jetpack flying. There is also an opportunity to grow the partnership to service much of the North America market.

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VIDEO CLIP: Jetpacks not just Science Fiction

31 October 2014

Martin Aircraft Company is hoping to bring jetpacks into normal life by listing in the Australian Stock Exchange. Video clip courtesy of Channel 7 Australia.

Martin Aircraft appoints Peter Coker as Managing Director

27 October 2014 

Martin Aircraft Company Limited (Martin Aircraft) has appointed Peter Coker as Managing Director.

Mr Coker has been chief executive officer since April 2013 and will now fill both roles. A former senior officer in the Royal Air Force, Mr Coker has amassed over 5,000 military and civil flying hours. He is a qualified flying and weapons instructor, has substantial policy and procurement experience and has commanded both a squadron and station.

Most recently, Mr Coker was General Manager of Lockheed Martin (NZ) and Business Development Director for Asia Pacific for a Lockheed Martin Business Unit.

Mr Coker has been awarded the Queen’s Commendation for Valuable Service in the Air  (QCVSA) and in 1996 was made an Officer of the Most Excellent Order of the British Empire.

He has served as a director on various boards and is a member of the Institute of Directors. He is also a Fellow of the New Zealand Institute of Management, Fellow of the Royal Aeronautical Society and Upper Freeman of the Honourable Company of Air Pilots.

Chairman of Martin Aircraft, Mr Jon Mayson, said the company was fortunate in having someone of Peter Coker’s calibre leading the commercialisation of Martin Jetpack.

“In the time Mr Coker has been with the company he has demonstrated a high degree of professionalism and in taking on the roles of CEO and Managing Director, he is also now in a better position to take Martin Aircraft forward as a listed company,” Mr Mayson said.

Martin Aircraft is a New Zealand based company which is currently developing the Martin Jetpack, the world’s first practical jetpack, with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned.

Martin Aircraft appoints VP for Sales and Marketing

16 October 2014

Martin Aircraft Company is pleased to announce the appointment of Michael Tournier as Vice President of Sales and Marketing.

Chief Executive Peter Coker is delighted to have someone of Michael’s calibre and international experience join the executive team.

“Michael’s role is an essential element in the progress of the company towards commercialisation. He has a strong track record in growing successful international business and will be instrumental in the identification of key business development opportunities and enhancing customer relationships around the globe.”

Michael also comes to us with a background in the aviation industry having been the Regional Manager for Asia Pacific and International Marketing Manager for Air Charter International and Airways International respectively. He also holds a Commercial Pilot License (CPL) qualification.

More recently, Michael was the General Manager for Europe with Climate Friendly UK Limited where he facilitated the merger and acquisition of Australian based carbon solutions retailer, Climate Friendly Pty into the South Pole Group of companies and was responsible for the establishment of the retail financing offering into the European markets.

Martin Aircraft's new headquarters

10 October 2014

The Martin Aircraft Company has moved to bigger premises in preparation for commercial production.

Martin Aircraft HQ

You can find us at 39 Ballarat Way, Wigram, Christchurch, New Zealand

MACL reception for web

Reception

Martin Aircraft Engineering team

The Martin Aircraft Engineering team.

Martin Aircraft pre-IPO raising $1.5m oversubscribed

New Zealand based Martin Aircraft Company Limited (“MACL”), who are developing the world’s first practical and commercial flying jetpack, have closed their pre-IPO fundraising round one week ahead of schedule and with $1.5m NZD of oversubscriptions.

Jetpack P12 manned flight

 Axstra Capital, a Sydney based Corporate Advisory Firm, managed the pre-IPO capital raising and Managing Director Reuben Buchanan is very pleased with the result.

“We are very happy to be able to close the pre-IPO ahead of schedule,” he said. “This result gives us a strong indication of the positive investor interest for the Martin Jetpack story here in Australia. We can now focus our attention on the next step which, as previously foreshadowed, includes a possible IPO and listing of the company.”

The pre-IPO funds raised are being used to drive the Jetpack towards commercialisation as well as to pay for ongoing costs. The company is seeing increasing interest and enquiries from around the world in its product due to its unique advanced technological capability when compared to its competitors.Due to the success of the raising, the Company will hold a general meeting of shareholders shortly to approve the issue of capital exceeding the original estimated raising.

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Martin Aircraft Pre-IPO Investor Briefing in Sydney

6 August 2014

Martin Aircraft is inviting interested investors to attend their pre-IPO briefing in Sydney on the 19th August.

martin jetpack P12 flying

For investors & brokers, this is a great opportunity to learn about the pre-IPO and IPO strategy that Martin Aircraft is currently implementing. Hear from the CEO Peter Coker as well as newly appointed director John Diddams.

John successfully listed Indoor Skydive Australia on the ASX in 2013, which was the best performing IPO of the year.

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Jetpack Pilots practise harness release

25 July 2014

Our test pilots had a fun day at the pool today practising safe harness release and escape from the pilot module in the event of the Martin Jetpack's forced water landing.

Jetpack harness release

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Peter Coker to meet investors in Singapore

22 July 2014

Martin Aircraft Company CEO Peter Coker will be travelling to Singapore tomorrow to meet with interested investors.

 Martin Jetpack fan ducts

On 25 July, Peter is also presenting at the Wholesale Investor Event's Asxtra Capital Investor Showcase in Singapore. The presentation will provide an opportunit for potential investors to learn more about the company, the Jetpack technology and the plans for commercialisation.

Interested investors can request further information by contacting Reuben Buchanan on +61 422 186 686 or email This email address is being protected from spambots. You need JavaScript enabled to view it.  or Peter Coker, CEO +64 3 377 8584 or email This email address is being protected from spambots. You need JavaScript enabled to view it.  

Hon. Steven Joyce visits Martin Aircraft

4 July 2014

Hon. Steven Joyce, Minister of Science and Innovation visited the Martin Aircraft HQ in Christchurch late last month. CEO Peter Coker and Founder Director Glenn Martin showed him around the facilities and introduced him to the team.

Glenn Martin showing the jetpack

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Peter Coker presenting at Asxtra Capital Investor Showcase

DATE: 17th of June 2014

Martin Aircraft Company CEO Peter Coker is currently in Sydney around mid-June, Australia meeting with interested investors.

He is also presenting at Asxtra’s Capital Investor Showcase as an opportunity for potential investors to learn more about the company, the jetpack technology, an update on the progress of the jetpack’s pre-production and production activities and the plans for commercialisation.

Jetpack Engine

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Peter Coker to meet investors in Sydney

Martin Aircraft Company CEO Peter Coker will be travelling to Sydney, Australia on the 17-18 June to meet with interested investors.

On 17 June, he is also presenting at the Wholesale Investor Event's Asxtra Capital Investor Showcase.

If you would like to attend this event, please go to the Wholesale Investor Events Page.

New Chairman for Martin Aircraft Company

Christchurch based Martin Aircraft Company has appointed Jon Mayson as its new Board Chairman to assist in the company’s mission to bring the Martin Jetpack to the commercial market.

Mayson, a former Chair of New Zealand Trade and Enterprise, is a companion to the New Zealand Order of Merit for services to the shipping industry and to the export sector. Mayson is particularly recognized for his achievements as CEO of the Port Tauranga from 1997 to 2005, during which time the Port of Tauranga grew to be New Zealand’s largest export port.

Mayson said that he was looking forward to bringing his experience to the table to help Martin Aircraft Company at this phase of its development.

“The Martin Jetpack is such a great story of New Zealand innovation and I am really looking forward to being involved in the company’s evolution”, said Mayson.

Martin Aircraft Company’s CEO, Peter Coker, welcomed Mayson’s appointment.

“Jon is highly respected in the business sector for his leadership, particularly his focus on business growth and innovation, which is a great fit for Martin Aircraft Company”, said Coker.

Coker acknowledged the contribution made by outgoing Chair Jenny Morel, who has been Martin Aircraft Company’s Chair since 2008. Morel, who is the founder and Managing Partner of No 8 Ventures Management, will remain as a director of Martin Aircraft Company.

Peter Coker to meet investors in Auckland

Martin Aircraft Company CEO Peter Coker will be travelling to Auckland, New Zealand on the 10th and 11th April to meet with interested investors. He is also presenting at the Wholesale Investor event at lunchtime on Friday 11 April. If you would like to attend this event, please click HERE.

 

Martin Aircraft Company - Pre-IPO Opportunity

Martin Aircraft Company, which has developed the world’s first practical and commercial jetpack, is inviting sophisticated investors to join the company as shareholders on its exciting journey towards commercialisation.

After launching the Pre-IPO in Australia recently, the interest in the Martin Jetpack has been very significant. ABC News ran a story that featured an interview with founder Glenn Martin and CEO Peter Coker - CLICK HERE TO WATCH THE ABC STORY

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Martin Aircraft Company to launch pre-IPO in Sydney

Martin Aircraft Company, which has developed the world’s first practical and commercial jetpack, is launching a pre-IPO capital raising in Sydney next week. CEO Peter Coker will be in Sydney to present at two information sessions which are being held at the NSW DSRD office on level 47 of the MLC Centre in the city.

Presentations will be held on the evenings of Tuesday 11th and Wednesday 12th Feb commencing at 6.30pm and will offer interested investors a chance to learn more about the Jetpack technology, plans for commercialisation and the IPO.

Reuben Buchanan from Axstra Capital has been appointed as advisor to Martin Aircraft Company and is managing the pre-IPO raising.

Interested investors can secure a seat at the upcoming presentation or request further information by contacting Reuben Buchanan on 02 8234 4401 or This email address is being protected from spambots. You need JavaScript enabled to view it.

New head of engineering for Martin Aircraft Company

Christchurch-based Martin Aircraft Company has appointed Ulrich Bergler as Director of Engineering.

Bergler holds a BE equivalent engineering degree in precision engineering from the University of Applied Sciences in Munich. He also has a MSc in Applied Psychology.

Bergler brings with him many years of experience in product development and commercialisation. Prior to joining Martin Aircraft Company, he held a vareity of management roles with Hilti, Dynamic Controls and Design Line.

Martin Aircraft Company’s CEO, Peter Coker, said that he was pleased to welcome Bergler to the company’s management team.

“Ulrich’s background in product development, including product testing and reliability, fits well with Martin Aircraft Company’s current focus on refining our jetpack prototype and advancing to commercial production,” he said.

Martin jetpack earns Popular Science award

The Martin Jetpack has been selected for Popular Science Magazine’s “Best of What’s New Awards” this year.

Popular Science’s Executive Editor Cliff Ransom said "For more than a quarter of a century, Popular Science has devoted its December issue to the year's most remarkable innovations. The Best of What's New Awards is our magazine's top honor, and the 100 awardees are selected from a pool of thousands. Each winner is handpicked and revolutionary in its own way. Whether they're poised to change the world or simply your living room, the Best of What's New awardees challenge us to see the future in a new light."

Developed by Martin Aircraft Company in Christchurch, the Martin Jetpack has continuously attracted the attention of media worldwide, none more so than when it revealed details of its latest prototype, known as the P12, in August this year.

Martin Aircraft Company’s CEO, Peter Coker, said that the company was thrilled to be recognized in the Aerospace category of this year’s awards.

“Popular Science Magazine is such a well-known name worldwide and it really gives our team a boost to receive this kind of recognition ,” said Mr Coker.

Martin Aircraft Company intends to target the first responder market for initial sales of its jetpack as it advances to commercial production next year.

Mr Coker indicated that the company is continuing its flight testing schedule with an upgraded engine soon to be fitted allowing the flight envelope to be expanded even further.

 

Progress report on P12

We have had a huge amount of international interest from media, potential investors, purchasers and distributors since we released images of our new prototype P12.

So where are we at with the P12 jetpack now?

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Our latest jetpack prototype P12

Martin Aircraft Company reveals latest jetpack

Christchurch-based Martin Aircraft Company has revealed details of its latest jetpack prototype.

Martin Aircraft Company’s CEO, Peter Coker, said that the P12 prototype was a “huge step up” from the previous prototype.

“Changing the position of the jetpack’s ducts has resulted in a quantum leap in performance over the previous prototype, especially in terms of the aircraft’s maneuverability,” said Mr Coker.

“We have full certification from the Civil Aviation Authority for manned flight and have made great progress in recent months in increasing the flight time of the aircraft,” he said.

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Martin Jetpack has a new CEO

The Martin Aircraft Company announced the appointment Peter Coker as its new Chief Executive Officer on Monday 15th April 2013. Company Chair, Jenny Morel, said the company’s ability to attract a renowned international aviation expert was due to the significant technological breakthroughs that the business has achieved with its jetpack.

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