Aptera Accelerator Program
Our production plan is ready to execute. Together, we can accelerate the plan and become the first production Solar Electric Vehicle.
Get your vehicle first.
Be one of the first 2,000 people to get your Aptera and experience solar mobility. Invest $10,000 or more on invest.aptera.us to join the program.
The person with the highest total investment on the leaderboard will receive the first delivery slot, and the remaining 1,999 slots will be ranked by investment amount. Vehicles must be picked up from our headquarters in Carlsbad, CA.
Past investors can invest an additional $10,000 or more to participate. The sum of all Aptera investments will determine your delivery slot position.
We are the future.
It is time to transform the way we move — for the betterment of humanity. We are ready to build aerodynamic vehicles that use energy responsibly, covering most daily driving needs completely off the grid through the power of the sun. We invented two-axis automotive-grade solar panels, an extremely efficient powertrain, and one of the most energy-dense battery packs. We utilize a revolutionary assembly process and are made with six structural parts, compared to hundreds in other vehicles.
We dared to go where no other company has been brave enough to... and it’s all for you and because of you.
Production tooling and validation
Our 75,000 square foot facility in Carlsbad, CA has been designed to assemble a vehicle every 12 minutes, with a yearly capacity of 10,000 vehicles per shift. Partners including Munro & Associates have been instrumental in helping to design our assembly using LEAN manufacturing tools and simulation. The suppliers for 92% of our vehicle and 98% of our factory equipment have already been selected.
We have a robust plan vetted by industry leaders and are ready to execute it.
Be a part of the future. Become an Accelerator.
More About the Program
How do I join?
Investments must be processed through our website: invest.aptera.us to count in this campaign. An investment must be initiated and payment submitted while the program is active to qualify. If you are a returning investor, please use the same login information. If you are a new investor, please sign up to invest. For questions, please contact email@example.com. We reserve the right to change the promotion details at any time including but not limited to timing, the quantity of vehicles, and minimum investment amount.
When does the Accelerator Program begin and end?
The Aptera Accelerator Program kickstarted on January 27th, 2023, and will go until the 2,000th slot is filled.
Why are you doing this?
We want to deliver solar mobility to the world as quickly as possible. Our Launch Edition vehicle is only one of many future products that will make the world a better place.
We are working on closing our Series B2 round, and we have many great conversations underway with large investors. However, this process takes time. Once funded, we expect it will be 12 months until production of our first vehicle commences. Without funding, we anticipate our timelines will continue to be pushed back. Our community has always been our biggest asset and we’re asking our order holders and other supporters to now help us to accelerate our growth.
If we can raise $20-50 million to execute on the first phase of our production plan, it will help tremendously. We expect our use of proceeds to include capital expenditures such as equipment and tooling and assisting in completing the requirements for obtaining the grant.
Where will I take delivery of one of the first 2,000 vehicles?
All customers must take delivery of their vehicle at our headquarters in Carlsbad, CA.
Does my investment pay for the vehicle?
No, the cost of vehicle purchase is not included. You do receive a 5% discount, however.
Can I transfer a few investments incrementally while the program is active to reach the minimum $10,000 investment?
Yes, you can invest in small amounts over time through your invest.aptera.us account to reach the $10,000 minimum until the 2,000th slot is filled. We will sum them all up and display the total on the leaderboard. It takes about 1-3 business days to update leaderboard totals after the investment acquisition date.
Am I guaranteed a reservation slot between 1 and 2,000 if I participate in the Accelerator Program?
Yes. The person with the highest total investment on the leaderboard at the end of the program will receive the first delivery slot in the queue, and the remaining 1,999 reservation slots will be ranked by investment amount. You can continue to make additional investments while the program is active to get a higher slot. We encourage you to check in on your position on the leaderboard from time to time. The program will end when the 2,000th reservation slot is filled.
If I have two Apterae on reserve, will I qualify for receiving both vehicles or only one if I participate in the program?
Each investor participating in the Accelerator Program will qualify for one vehicle reservation slot for early delivery of one of their Aptera reservations. We reserve the right to change the promotion details at any time including but not limited to timing, the quantity of vehicles, and minimum investment amount.
Can I participate in the program if I live outside of the U.S.?
With our Accelerator program, some new shareholders may be based internationally and have one of the first two thousand vehicles transported. However, shipping costs will not be covered in the Accelerator program. As you know, our goal is to produce and sell Aptera in any market. Our Launch Edition vehicle will first be delivered and tailored to U.S. motor vehicle requirements. Without our success firstly, we won’t be able to distribute in other places. We appreciate your understanding and continued support.
If I secure one of the first 2,000 reservation slots, can I transfer it to someone else?
Yes. You can transfer your reservation and slot to another individual. We will update the reservation slot’s delivery details (new customer contact information) and you will be responsible for any terms or agreements made with the person you are transferring it to.
What about Paradigm Edition Vehicles?
Paradigm Edition owners can invest under this campaign to receive a top delivery spot, or their vehicles will be delivered in the first year of production after these first 2,000 Launch Edition vehicles have been delivered. All original Paradigm orders will be marked unique and include an exclusive, unique collector's item.
Why isn’t my new investment on the leaderboard yet?
Your investment will show once the funds are received on our end. After the funds are received, it takes a few hours for your investment to show on the leaderboard. One way to make sure we have your accurate and updated information is to verify that all your prior REG A investments have been registered with Computershare. Please see this FAQ for more information.
I received confirmation of my investment, but it is not on my aptera.us Review Investments dashboard. Why?
After a new investment is made, it takes about 1-2 weeks after the funds are fully vested to display at www.aptera.us on your Review Investments dashboard. We are in the process of setting up a streamlined process moving forward. It should be complete by the end of March. At that time, your investor dashboards will be updated on a weekly basis. We appreciate your patience and understanding in the meantime. Until then, the best place to refer to your official investment details is through your Computershare account or the Issuance portal at invest.issuance.com/aptera.
I invested $10,000+ previously. Does that qualify me for the program, or do I need to invest an additional minimum of $10,000?
To participate in the Aptera Accelerator Program as an existing investor, you will need to invest a new minimum of $10,000 on invest.aptera.us between now and when the 2,000th slot is filled. Then, you will be entered into the Accelerator leaderboard.
The good news is, as an existing investor, the leaderboard will reflect the sum of all of your previous investments. As an example, if you invested $1,500 before January 27, 2023 (thank you!), and you invest $10,500 to participate in the program, your position in the leaderboard will be determined by the sum of all investments, $12,000.
This offering is being made pursuant to Regulation A under the Securities Act and there is a prospectus related to this offering available here. The offering will be made only by means of an offering circular. An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement which only means that the company may make sales of the securities described by that offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. The securities offered by the company are highly speculative. Investing in shares of common stock of the company involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue. You may obtain a copy of the Form 1-A offering circular that is part of said offering statement here. You should read the offering circular before making any investment.
1-K Filing (2021)
Annual Report (2021)
Forward-Looking Statements Disclaimer
The offering materials and this letter may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company’s management. When used in the offering materials, the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect” and similar expressions are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management’s current views with respect to future events and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.