Investment
Ocean Aircraft Ltd
The Ocean project was initiated and its Phase 1 completed by Warrior (Aero-Marine) Ltd. This removed all feasibility risks, proved the accessibility of all the claimed Ocean seaplane advantages and raised validation from the world’s most experienced seaplane operators. Ocean Aircraft Ltd has been set up for the commercialisation, taking ownership of the Ocean IP, project and rights. This Bristol (UK) company, registration no. 15162507, has adopted and is expanding the original team. It will proceed with Phase 2 as soon as a funding consortium is complete.
Revenue capability, profitability, manageable risks and exit options directly from this two-year Phase 2 project make for a truly exceptional investment case. Investment is invited from Accredited, Professional and professionally advised investors.
A major revenue capability
The Ocean seaplanes offer a compelling case for upgrade among about 11,000 active seaplanes. They will replace among helicopters that serve the maritime sector. They will replace among landplanes, in providing the same land-to-land capability but additionally connecting the majority of air-travel final destinations, these lying waterside. .
In multiplying routes and applications, the new capabilities will also open new growth new markets, serving:
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Advanced Air Mobility (AAM) markets
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island nations and emerging South and Southeast Asian markets without airfield networks
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highly populated markets where urbanisation and surface transport congestion demand water-based point-to-point air travel
The markets reach across the spectrum of General Aviation in personal, family, business, utility and both local and sub-regional roles. They extend into diverse public services in connecting communities, providing emergency services and fire-fighting (water-bombing).
It is an effectively uncompeted multi-billion-pound opportunity which Ocean Aircraft is set to take ownership of.
High profitability and returns
The pricing opportunity promises high profitability. Measured per useful seat, current amphibious aircraft are generally twice as valuable as equivalent landplanes, to which the Ocean useful load advantage and both physical and cost-of-ownership advantages add over 40% more value again. This provides for prospects of outstanding profit margins and return on investment.
Programme
Confidence
Phase 2 will complete and trial a piloted demonstrator aircraft. It will advance the Ocean designs to a point that any conventional aircraft development team can take the Ocean seaplanes to market in confident and short programmes. It will position the business for the most favourable commercialisation options in Phase 3 and directly secure share trading opportunities so that immediate investment is not dependent on subsequent funding rounds.
Requirements and responding solutions have been developed through on-going collaboration with experienced seaplane operators with intent to becoming Ocean customers and users.
Engagement with Certification authorities has confirmed the suitability for certification of the Ocean hull, configuration and system concepts under existing Requirements, avoiding all risks of dependence on future Requirements. Nor does the business depend on the approval of new technologies. The Ocean airframes are however being designed to accommodate emerging power system technologies which will be adopted as and when they achieve approvals and market acceptance.
Many causes of failures of aircraft development start-ups are inherently avoided by the nature of Ocean’s uncompeted market and high product value. Other causes are avoided by using professional certification managers from the outset, practices of established serial aircraft developers and Ocean’s awareness and systematic avoidance of common pitfalls.