H2 Clipper has filed a notice of an exempt offering of securities to raise $4,756,855.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, H2 Clipper is raising $4,756,855.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Rinaldo Brutoco played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About H2 Clipper
The H2 Clipper is a highly disruptive transportation technology designed to operate in the presently unaddressed market space between cargo shipping and air freight. It is the product of applying 21st Century advances in materials, engineering practices and computers to provide freight delivery in two days or less most anywhere on the planet at an operating cost that is 70% lower than conventional air freighters and with a delivery speed that is 7X to 10X faster than by ship.The company holds seven issued patents and numerous pending U.S. and international patent applications based on its innovative designs and intention from inception to transport hydrogen from places where it can be produced most inexpensively to locations where it is most needed. The H2 Clipper has a unique exoskeleton design and utilizes 100% carbon free hydrogen as both a lifting gas and fuel for its fuel cell electric propulsion system.
To learn more about H2 Clipper, visit http://h2clipper.com/
Contact:
Rinaldo Brutoco, Chief Executive Officer
805-892-4600
https://www.linkedin.com/in/rinaldo-brutoco-b052a2/
SOURCE: http://www.intelligence360.io
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