Airplate · Digi-Tronic™ Digital License Plate System

The license plate hasn't changed in 100 years. Airplate just made it infrastructure.

  • $1M bridge open now — rolling closings inside 60 days
  • Enabling digital-plate legislation enacted in 7 states, 8 more advancing
  • First digital license plates ever installed on active law-enforcement vehicles
  • Exclusive Foxconn / CircuTech manufacturing — 2M+ units annual capacity
  • Independent FMV of ~$710M (Stonebridge Advisory, Nov 2025)
  • Panasonic XCelerate partner — 2,000+ nationwide resellers
$1,000,000 bridge · $50,000 minimum|Reg D Rule 506(c) · verified accredited investors
Digi-Tronic digital license plate mounted on an active law-enforcement vehicle at dusk
$1M
Bridge Open Now
285M+
U.S. Vehicles Addressable
~$710M
Independent FMV
$318.7M
2029E Revenue

The raise

$1M now. $25M Series A next.

Airplate is raising in sequenced tranches so every dollar is matched to a milestone. The immediate $1,000,000 commercialization bridge is open to verified accredited investors as a 10% convertible note with an 18-month maturity, converting into the Series A at a 20% discount, with rolling closings inside 60 days.

Tranche 1 · Open now

$1,000,000

Commercialization Bridge

Funds the launch-readiness work ahead of the Series A: production tooling deposits, the first state pilot deployments, DMV integration engineering, and the sales infrastructure required to convert enacted legislation into procurement contracts.

Exemption
Reg D Rule 506(c) · verified accredited investors
Security
10% convertible note · 18-month maturity
Conversion
Converts into the Series A at a 20% discount
Check size
$50,000 minimum · rolling closings within 60 days

Tranche 2 · Follow-on

$25,000,000

Series A — National Launch

Product engineering and software platform, sales infrastructure, manufacturing tooling and supply chain, state pilot programs and regulatory affairs. Priced at a $250M pre-money against an independently assessed ~$710M fair market value.

Exemption
Reg D Rule 506(b) · accredited investors
Timing
Opens as bridge milestones are met
Security
Class A Common Stock
Pre-money
$250,000,000

This tranche is not being offered in the current bridge raise. It is shown for context and timeline only. The current raise is a 506(c) offering; the Series A is a separate 506(b) offering and cannot be intermingled.

Tranche sizing, sequencing and timing reflect Airplate's current capital plan. Final security terms for each tranche are set with securities counsel and are described in full in the offering documents.

Watch before you invest

A century of stamped metal. One connected replacement.

A short briefing on the Digi-Tronic™ platform, the legislative pipeline that creates the market, and how Airplate converts enacted state authority into procurement revenue.

Traction

Statutory authority, Tier-1 manufacturing, and live deployments

In a category where most entrants are still pitching a concept, Airplate's progress is documented by enacted state legislation, an exclusive Foxconn manufacturing agreement, institutional partners, and plates already in service on law-enforcement vehicles.

First

Digital plates on police vehicles

The first digital license plates ever installed on active law-enforcement vehicles — deployed with a Maryland police department. Institutional validation at the highest level of scrutiny.

7 + 8

States enacted, states advancing

California, Colorado, Texas, Illinois, Georgia, Arizona and Michigan have enacted enabling legislation. Florida, Nevada, Washington, New Jersey, Maryland, North Carolina, Ohio and Pennsylvania are advancing bills or pilots.

2M+

Units of annual capacity

Exclusive manufacturing agreement with Foxconn / CircuTech International (HKEX: 2051.HK), including distribution rights in Japan, South Africa and Australia.

2,000+

Panasonic resellers

Panasonic XCelerate / Connect certified IoT partner since 2021, with joint marketing, nationwide service and warranty through Panasonic System Solutions Group.

~$710M

Independent fair market value

Enterprise value of $710,907,651 appraised by Stonebridge Advisory Inc. (Pasadena, CA) — report dated November 14, 2025, effective December 31, 2024, USPAP and IRS Rev. Rul. 59-60 compliant. A 2.84x premium to the $250M Series A pre-money.

LOI

T-Mobile national connectivity

Letter of Intent executed January 13, 2026 for national network infrastructure, alongside Microsoft Azure as the cloud backbone and MADD as advocacy partner.

The technology

A connected safety ecosystem — not just a plate

Digi-Tronic™ replaces a static stamped tag with an IP68-rated e-ink and LED device carrying an HD camera, cellular connectivity and an Azure-backed data platform. Every vehicle becomes a real-time node for law enforcement, insurers, fleets and agencies.

01

Collision Detection System

Seven emergency touchpoints deliver real-time crash data to insurers and first responders at the moment of impact.

02

GPS & Stolen Vehicle RTR

Real-time recovery tracking connected directly to national law-enforcement databases.

03

Contactless Traffic Stops

A 30-second police report through the Airplate app — safer for officers and for drivers.

04

Color-Coded Safety Signals

Vehicle status made visible to surrounding drivers and to law enforcement at a distance.

05

Gunshot Detection

Embedded acoustic sensors reporting directly to law enforcement infrastructure.

06

National AMBER Alert API

Instant integration with national AMBER and SILVER Alert broadcast infrastructure.

07

School Bus Safety Suite

Parent app, passenger manifests, and pickup / drop-off push notifications for school districts.

08

Fleet Management + AirKey

Rental checkout, modular configurations and seamless commercial fleet integrations.

Product

Digi-Tronic™

Patented digital plate system

Display

E-ink + 4K

HD camera and color LED display

Rating

IP68 / NEMA 6P

Sealed for full road exposure

Manufacturer

Foxconn

CircuTech Intl. (HKEX: 2051.HK)

Cloud

Microsoft Azure

Secure vehicle data backbone

Registration

One-Click

No DMV visit ever required

Hardware

$360 / unit

Primary deployment revenue

SaaS

$10–$15 / mo

Per vehicle, recurring

Partner ecosystem

Panasonic XCelerate / Connect

Certified IoT & network partner · 2,000+ resellers

Foxconn / CircuTech (HKEX: 2051.HK)

Exclusive global manufacturer · 2M+ units/yr

T-Mobile

LOI — national connectivity & network infrastructure

Microsoft Azure

Cloud platform & intelligent vehicle data

MADD

National advocacy partnership

Stonebridge Advisory Inc.

Independent enterprise valuation · ~$710M FMV

Market

One device. Four independent buyers.

Every one of the 285 million registered vehicles in the United States is an addressable unit, and revenue arrives through three compounding streams — hardware at $360 per unit, SaaS at $10–$15 per vehicle per month, and anonymized data licensed to agencies and insurers.

Near-term

Government & Law Enforcement Fleets

State DMVs, police fleets and municipal vehicles in the seven states with enacted legislation — a mandated, contract-ready procurement pipeline.

Near / Mid

Commercial & Rental Fleets

Fleet operators and rental agencies adopting AirKey checkout, telematics and compliance reporting through the AirCare™ layer.

Mid-term

School Districts & Student Safety

District bus fleets running passenger manifests, parent notifications and route safety — including the Aurora Public School District partnership.

Mid / Long

Insurance & Consumer

AirClaims™ automated first-notice-of-loss and fraud reduction for carriers, plus consumer plates distributed through Panasonic's 2,000-reseller network.

Revenue projection · 2026–2029

2026E
$2.3MEBIT $2.1M
2027E
$17.3MEBIT $14.5M
2028E
$88.2MEBIT $66.2M
2029E
$318.7MEBIT $216.7M

Source: Stonebridge Advisory Inc. enterprise valuation model and company management assumptions. Projections are illustrative forward-looking statements, not a forecast of results, and are subject to the risk factors described in the Private Placement Memorandum.

Why now

The statute, the factory, and the first deployments already exist.

01

The market is created by statute, not by persuasion

Seven states have already enacted digital license plate enabling legislation and eight more are advancing bills or pilots. Adoption does not depend on changing consumer behavior — it depends on executing against authorizations that already exist.

02

The manufacturing is locked and exclusive

Foxconn / CircuTech supplies 2M+ units of annual capacity under an exclusive arrangement. The hardest, most capital-intensive part of a hardware business is already solved with a Tier-1 global manufacturer.

03

Deployment risk is retired, not theoretical

Digi-Tronic™ is already on active law-enforcement vehicles — the first digital plates ever installed in that setting — with a Colorado DOT pilot and district and carrier programs behind it.

04

Entering below independently verified value

Stonebridge Advisory assessed fair market value at approximately $710M in November 2025. The Series A is priced at a $250M pre-money, and bridge participants convert ahead of it.

Roadmap

Bridge now, Series A into state deployment, then national scale

The $1M bridge funds tooling, pilot conversion and DMV integration. The $25M Series A funds the national launch across seven authorized jurisdictions and the ramp of subscription revenue toward a management target of $864.5M.

Q4 2026

Bridge Deployment & Pilot Conversion

  • Production tooling deposits placed with Foxconn / CircuTech
  • First commercial agreements executed in enacted-legislation states
  • DMV API integration engineering completed for lead jurisdictions

2026–2027

Series A & State Deployments

  • $25M Regulation D Series A closed
  • Deployment across the seven active jurisdictions
  • T-Mobile LOI converted to a definitive national agreement

2027–2028

SaaS Ramp & Legislative Conversion

  • Subscription revenue ramps at $10–$15 per vehicle per month
  • Eight pipeline states convert to enacted authorization
  • AirClaims™ carrier integrations move from pilot to production

2028–2029

National Scale

  • Nationwide manufacturing scale-up with Foxconn / CircuTech
  • Consumer channel activated across Panasonic's reseller network
  • Management revenue target of $864.5M with 60%+ recurring

Use of proceeds — $1M bridge

Manufacturing Tooling & Production Deposits$250K · 25%

Foxconn / CircuTech tooling and first-article production

State Pilot Deployment & Regulatory Affairs$200K · 20%

Field deployment, DMV integration and jurisdiction filings

Product Engineering & Software Platform$200K · 20%

Azure platform, dashboards and DMV API build-out

Sales Infrastructure & Channel Activation$150K · 15%

Government sales team and Panasonic reseller enablement

Corporate Operations & Working Capital$100K · 10%

Payroll, vendor deposits and operating reserve

Legal, Compliance & IP Protection$50K · 5%

Corporate, securities and offering compliance

Marketing, Branding & Investor Relations$50K · 5%

Investor communications and market-facing materials

Team

The inventor, the finance lead, and the partners who built the channel

Airplate's leadership pairs the engineer who conceived the Digi-Tronic™ system with the operators who assembled its manufacturing, carrier and government relationships.

Christopher Mitchell

Founder & Chief Executive Officer

Inventor of the Digi-Tronic™ system, which he conceptualized in 2018. Background in network infrastructure, fiber-optics and IT systems management, with an M.S.C.E. Former hospitality technology director at J.W. Marriott.

Jetmir Zymeri

Co-Founder & Chief Financial Officer

Serial entrepreneur with a background in finance, business operations and international markets. Strategic lead for investor relations and capital structure.

Bud Keidel

Co-Founder

Advisory and operations leadership across the company's corporate development and partner programs.

Valmir Zymeri

Executive Partner

Business development and strategic partnerships, including the company's manufacturing, carrier and channel relationships.

Investment terms

$1M bridge open now · $25M Series A to follow

The bridge is offered under Reg D Rule 506(c) to verified accredited investors as a 10% convertible note maturing in 18 months and converting into the Series A at a 20% discount, with rolling closings so capital reaches operations before the round is fully subscribed.

Issuer
Airplate, Inc.
Current Offering
$1,000,000 commercialization bridge — open now
Structure
Reg D, Rule 506(c) — verified accredited investors only
Security
10% convertible promissory note
Maturity
18 months from issuance
Conversion
Converts into the Series A financing at a 20% discount
Minimum Investment
$50,000 · larger allocations welcome
Closing
Rolling closings so capital funds operations before full subscription
Timing
60-day subscription window from launch
Verification
Third-party accreditation verification required under 506(c)
Escrow
Funds held in third-party escrow pending closing conditions
Series A Follow-On
$25,000,000 at a $250M pre-money — opens on bridge milestones
Bridge Investor Priority
Bridge participants are offered allocation in the Series A
Placement Advisor
TriUnity Capital Ventures, LLC — exclusive capital placement advisor

Diligence

Offering documents

Materials are provided to qualified accredited investors. The Private Placement Memorandum, 2026 Prospectus, Stonebridge enterprise valuation, financial model and the executed partner agreements — T-Mobile, Panasonic XCelerate, Panasonic ISV certification and the Allstate AirClaims™ pilot — are released after execution of the non-disclosure agreement. Further diligence, including the Foxconn manufacturing agreement and state legislative summaries, is available on request under the same NDA.

NDA required

Private Placement Memorandum

Full offering terms & risk factors — execute the NDA to open

NDA required

Bridge Note Term Sheet

10% convertible note · 18-month maturity · 20% Series A discount — execute the NDA to open

NDA required

Note Purchase Agreement

Definitive subscription and note purchase documents — execute the NDA to open

NDA required

Offering Supplement

Supplemental disclosures to the bridge offering — execute the NDA to open

NDA required

Use of Funds

Allocation of bridge proceeds and deployment schedule — execute the NDA to open

NDA required

Investor Pledge Form

Indication of interest and allocation reservation — execute the NDA to open

NDA required

Investor Verification Procedure

506(c) third-party accreditation verification — execute the NDA to open

NDA required

Investment Companion Guide

Plain-language walkthrough of the bridge investment — execute the NDA to open

NDA required

2026 Airplate Prospectus

Complete institutional prospectus — execute the NDA to open

NDA required

Stonebridge Enterprise Valuation

Independent ~$710M FMV assessment — execute the NDA to open

NDA required

T-Mobile Letter of Intent

Executed February 2026 · connectivity partnership — execute the NDA to open

NDA required

Panasonic XCelerate Program Agreement

Executed June 2021 · channel and go-to-market — execute the NDA to open

NDA required

Panasonic ISV Certification Agreement

Executed August 2022 · certified software vendor — execute the NDA to open

NDA required

Allstate AirClaims™ Pilot Program

2025–2026 carrier pilot documentation — execute the NDA to open

NDA required

Airplate™ AirClaims Pilot Program 2025–2026

Pilot scope, deployment plan and KPIs — execute the NDA to open

NDA required

Comprehensive Data Aggregation Report

Collision detection, 24/7 monitoring, LPR and fleet telemetry — execute the NDA to open

NDA required

Fleet Metrics & Data Aggregation

Season One fleet management metrics — execute the NDA to open

NDA required

Non-Cellular Product Deck

Non-cellular Airplate™ variant · T-Mobile connectivity — execute the NDA to open

NDA required

AAMVA Specific-Use License Plate Best Practices

March 2023 · regulatory standards reference — execute the NDA to open

Additional downloadable materials — term sheet, executive summary, investor companion, pledge form, NDA and the accredited-investor verification policy — are published here as they are finalized with securities counsel.

FAQs

Frequently asked questions

Rule 506(c) is an SEC exemption that lets a private company raise an unlimited amount from accredited investors and publicly advertise the offering. In exchange, the company must take reasonable steps to verify that every purchaser is accredited — self-certification alone is not sufficient.

Request access

The $1M commercialization bridge is open now

Offering materials are released under NDA to accredited investors, verified as required under Reg D Rule 506(c). The bridge is a 10% convertible note with an 18-month maturity, converting into the Series A at a 20% discount, with a $50,000 minimum investment and rolling closings inside 60 days.

Bridge closes within 60 days · Airplate, Inc.