Chinese investor chucks $50m into Martin Jetpack

New Zealand jetpack maker, Martin Aircraft Co, has secured more than twice the $25 million funding it has been seeking in a proposed initial public offering on the Australian Stock Exchange to commercialise its single person flying machines, with a commitment of A$50 million ($53 million) to fund a 30 month commercialisation plan, from Hong Kong Stock Exchange-listed KuangChi Science.… Full Story →

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