San Diego, CA – [May 15, 2024] – Aptera Motors Corp. (“Aptera” or the “Company”), a leader in solar electric vehicles, is pleased to announce its current crowdfunding offering is coming to a close, marking a significant milestone in the Company’s journey towards high-volume production.
Since the launch of its Regulation A offering in June 2021, Aptera has raised over $100 million from more than 17,000 investors, making it one of the most successful crowdfunding campaigns in history. These investors have become shareholders in Aptera, securing a stake in the Company’s future success and our vision for solar-powered transportation.
“The response to our Regulation A offering has been overwhelming, and we are grateful for the support of over 17,000 investors who share our passion for clean, efficient transportation,” said Chris Anthony, CEO of Aptera Motors. “Their investments have been instrumental in propelling Aptera towards production readiness.”
Aptera’s successful crowdfunding efforts have paved the way for the company to engage with US Capital to secure funding for the production of its Launch Edition vehicles. Through this fundraising initiative, Aptera aims to bring its innovative vehicles to market at scale in 2025.
“We are excited to partner with US Capital as we enter this crucial phase of production funding,” stated Chris Anthony. “Their expertise and support will enable us to realize our vision of delivering solar electric vehicles that redefine the future of transportation.”
Aptera’s commitment to sustainable mobility, combined with the support of its investors and strategic partners, positions the Company for continued success in revolutionizing the transportation industry.
You can learn more about the company’s progress toward production and the close of its crowdfunding efforts in the video below.
For more information about Aptera Motors and the opportunity to become a shareholder, visit invest.aptera.us.
About Aptera Motors
Aptera Motors Corp.® delivers the world’s most technologically advanced solar electric vehicles (sEVs), made possible by breakthroughs in battery efficiency, aerodynamics, material science, and manufacturing. Aptera is the first in a series of eco-friendly vehicles that the company plans to offer for consumer and commercial use. It has the longest range of any production vehicle with up to 1,000 miles per charge and the ability to travel up to 40 miles a day on free power from its integrated solar panels. With only six key body components, Aptera’s unique shape allows it to slip through the air using far less energy than other electric and hybrid vehicles today.
About US Capital
Founded in 1998, US Capital Global offers a range of advanced financial solutions, including debt, equity, and investment products customized for middle-market enterprises and investors. The firm oversees direct investment funds while delivering comprehensive wealth management and investment banking services, encompassing M&A strategies and capital raising expertise. Among the notable entities within the consortium are US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and US Capital Global Securities LLC, an SEC-registered broker-dealer and member of FINRA. To learn more, visit www.uscapital.com.