Company Has Conducted More Than 6,000 Flights To Date

Flirtey has 'completed the technology' to certify and expand U.S. production of its drone delivery system for last-mile delivery.

The aircraft designer and manufacturer's technology includes the Flirtey Eagle, an advanced drone that conducts precision delivery to homes and businesses; the Flirtey Portal, a take-off and landing platform that conducts scalable operations from storefronts; and Flirtey's autonomous software platform that conducts autonomous flight operations.

"Flirtey is certifying and expanding U.S. production of delivery drones to meet growing demand. Flirtey's technology enables businesses to operate their own logistics by providing store-to-door drone delivery to customers. Businesses who use Flirtey's best-in-class technology for last-mile drone delivery become first-movers to unlock lower delivery costs and billions in potential new revenue. Flirtey is now taking pre-orders for drone delivery systems," said Flirtey Founder and CEO Matthew Sweeny.

Flirtey's development was led by the head of NASA's program to fly drones over people, and first unveiled at The National Press Club in Washington, D.C. Flirtey now has more than 1,000 patent claims across a portfolio of granted and provisional patents, and has conducted more than 6,000 flights to date. The company implemented a parachute system that can safely deploy from the delivery altitude; the aircraft lowers packages on a tether, enabling safe and precise drone delivery to homes and businesses.

This marks completion of the Flirtey Eagle drone delivery system for FAA Type Certification (the FAA is working with Flirtey and other companies for Type Certification).

The Company previously raised approximately $15 million in its Series B Preferred Stock financing, which valued the company at approximately $100 million.

Flirtey is focused on completing the FAA's certification process, scaling fast in New Zealand where the company's technology already has regulatory certification, and expanding U.S. production of delivery drones to meet growing demand.

FMI: www.flirtey.com