Martin Aircraft Company has had a significant level of interest from people and organisations who wish to purchase a personal Martin Jetpack. Many have expressed their desire to secure a formal position on a waiting list. The personal Jetpack will be available by 2017.
Due to this demand, Martin Aircraft Company has introduced a refundable deposit system whereby persons or organisations can place a deposit for one or more Martin Jetpacks to firmly secure a position on the waiting list.
This delivery slot allocation is for the recreational version of the Martin Jetpack. It does not apply to commercial versions of the Martin Jetpack sold to governments, military and similar clients. The minimum deposit accepted is USD$5,000 for each Martin Jetpack waiting list position. All parties having placed a deposit will receive written confirmation of their position in the queue soon after the funds are cleared.
Deposits will be kept in a trust account (escrow account) and overseen by independent accounting company P. S. Alexander. Martin Aircraft Company will not have access to these funds until a purchase agreement is signed between the buyer and the company. The deposit will be applied to the purchase agreement.
The target price for the recreational Martin Jetpack remains at under US$150,000 plus delivery, taxes and duties, but the company reserves the right to change this price before final purchase agreements are entered into.
If you wish to withdraw from the waiting list, you can do so at any time and your money will be refunded less a NZ$500 cancellation fee.
The aircraft will only be produced when internal and external safety and reliability standards are met, and the training programme is signed off. We need to get this right, and safety will always take priority over delivery schedules.