$25M Raised, and counting.

Aptera Motors Corp. has raised $25M in an active Reg A offering with Issuance.
Industry
Automotive; Electric Vehicles
Amount Raised
$25M+
Investors
5,500+
Duration
Currently Active

COMPANY OVERVIEW

Aptera Motors delivers the world’s most technologically advanced solar electric vehicles (sEVs), made possible by breakthroughs in battery efficiency, aerodynamics, material science, and manufacturing. A lightweight three-wheeler, Aptera is the first in a series of eco-friendly vehicles that will be offered for consumer and commercial use.

Aptera’s flagship model boasts the longest range of any production vehicle available today, with 1,000 miles per charge and the ability to travel up to 46 miles a day on free power from its integrated solar panels.

With a vehicle as groudbreaking as the Aptera 1, it’s no surprise that the company received over 10,000 vehicle reservations in just 4 months, totaling over $350M in future revenues. Located on a 60k square foot campus in San Diego, Aptera’s new production facilities provide a home base for the three currently completed Alpha vehicle models, as well as a team of development engineers focused on advanced 3D printing, composites, user interface design, and cutting-edge battery development.

Campaign OVERVIEW

  • When engaged by Aptera, Issuance played an instrumental role by guiding the process of SEC filing and qualification while simultaneously overseeing the development of marketing content and creative for the upcoming multi-channel campaign strategy.
  • Upon the launch of Aptera’s Reg A offering, Issuance’s customer engagement marketing targeted customers on the extensive pre-order list, yielding over $15M in funded investments within just two weeks.
  • As the offering continued to progress, Issuance remained in lock-step by facilitating the development and launch of paid campaign efforts, working hand-in-hand with Aptera’s management to navigate a share price increase with the SEC, and securing deal distribution support in the form of coverage in multiple publications, analysis in third-party reports, and live event brand appearances.

What’s next?


Bright Future Ahead

  • As 2021 comes to a close, Aptera is continuing to set the bar for Reg A fundraising on the basis of both momentum and investor engagement.
  • The future looks bright: Aptera EVs may be powered by the sun, but the company who brings them to life is powered by individual retail investors.

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