MJP 0.00% 0.8¢ martin aircraft company limited

I worked as a rotary wing paramedic for a decade and I can tell...

  1. 50 Posts.
    I worked as a rotary wing paramedic for a decade and I can tell you that this jetpack will be a laughing stock in the emergency provider community. A 15 kilometer range would be completely useless, as you also require a conservative fuel reserve to make it back to base, without having to deploy the parachute, which I have no idea if it has yet gained certification. Also 40 kilometres per hour? That is the speed, not to be exceeded in a school zone within peak time periods. Did you also read this passage in their last newsletter? "the cost of each Series 2 aircraft will be higher than originally anticipated". I can foresee a small disaster for the 100 plus employees working there, the shaken Christchurch community and New Zealand as an aspiring aviation market entrant. No wonder, MJP skipped their July newsletter.
 
watchlist Created with Sketch. Add MJP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.