Company Profile

Novo Aero Technology Inc
Profile last edited on: 12/20/21      CAGE: 843E7      UEI: NLWQZR4RJWG3

Business Identifier: New type of Vertical Take-off and Landing (VTOL) aircraft
Year Founded
2018
First Award
2021
Latest Award
2021
Program Status
Active
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Location Information

1017 Main Campus Drive Suite 2300
Raleigh, NC 27606
   (919) 605-5306
   N/A
   www.novoaerotech.com
Location: Single
Congr. District: 02
County: Wake

Public Profile

Enabling the combination of the advantages of conventional winged aircraft with those of Helicopters, Novo Aero Technology is structured around developing a new type of Vertical Take-off and Landing (VTOL) aircraft. The intent and objective of this proposed new type of aircraft is achieve lower production costs compared to those of conventional Helicopters and other types of existing VTOL aircraft, while also being safer to fly, easier to control, and cheaper to operate and maintain.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
1-4
Revenue Range
Less than .5M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2021 1 NSF $230,311
Project Title: Experimental validation of an innovative lift-generating mechanism for use in future VTOL Aircraft.

Key People / Management

  Essam Marcus -- Founder and CEO

Company News

There are no news available.