JetPack Technology Gets Investment from Tesla and SpaceX Venture Capitalist—Is this the Next Big Thing?

JetPack Aviation and Gravity Industries are looking into jetpack technology for next-generation vehicles and transportation, and an early investor for Tesla and SpaceX has shown interest and invested in the venture. The project has been going on developments as initial prototypes show a breakthrough in flying a sole person but to sustain it is a massive factor.

JetPack Aviation has been creating their designs and innovations for more than ten years, and have solely dedicated the company to creating transportation technology to save lives and prevent further harm. From jetpack propulsion tech, the company has shifted its focus to "flying motorcycles," a.k.a the Speeder, which is intended for paramedics and the military.

On the other hand, Gravity Industries are famous for innovating an "Iron Man" inspired jetpack technology to fly people using its hand-thrusters to propel people off the ground. The 2017 company headed by Englishman Richard Browning, has already made a flying suit that can be used for different purposes.

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Written by Isaiah Alonzo

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