The maker of the Martin Jetpack is planning to list, most likely on the New Zealand and Australian stock exchanges.
A spokeswoman for the technology firm told the Herald the company was looking to raise $5 million in pre-IPO capital and a further $25 million through the listing.
It is likely the company will lodge a prospectus with regulators within the next few weeks.
Martin Aircraft has been raising pre-IPO capital this year and is preparing to get the world's first commercial jetpack into pre-production.
There was a big article in The Australian on this company today.
I know someone who has purchased shares in this business pre the IPO and they like the story.