Good afternoon, everyone - Happy June.

We've reserved an allocation in Aerolane, a patented towed-cargo-glider system that lets conventional aircraft double payload while cutting fuel burn 35%. The company has a binding anchor contract with the largest regional U.S. air cargo carrier, FAA STC in final review, and three Department of War programs in active evaluation. Our syndicate partner is running this SPV with a target close in June.

As always, I’d like to remind you to keep the contents of these emails strictly confidential. Please do not contact the company or affiliated parties as these emails are not meant to be shared with anyone outside of this list. Anyone found doing so will be removed.

If you'd like access to the NDA-gated data room and deal link you can send me a text or reply to [email protected].

Important: If you received this email, you responded to our survey indicating that you are an Accredited Investor and/or Qualified Purchaser. This memo and its contents are strictly confidential and should only be viewed by express invitation by its author(s). It contains potential investment information that may only be viewed by invitees who qualify as Accredited Investors as defined by the United States Securities and Exchange Commission. If you have received this memo by mistake, or do not meet the qualifications of an Accredited Investor or Qualified Purchaser, please stop reading and disregard this memo immediately.

Aerolane is the tractor-trailer for the sky. Conventional aircraft tow unpowered cargo gliders ("Aerocarts") with no engines, no fuel system, and no complex avionics - the line items that represent 30-50% of an aircraft's cost. Combined fuel burn drops 35%, capacity doubles, and cost per ton-mile falls 30-70%.

Air freight currently costs 5-10x trucking. A 737 equipped with an Aerocart hits operating rates at or below LTL spot trucking while delivering in 6 hours what takes a truck 4 days. A top-3 global integrator (FedEx / UPS / Amazon / DHL class) has independently modeled fleet-wide adoption as a material annual savings line.

13 patents, 4 years of FAA-supervised flight data, and the world's largest dataset on wake turbulence behind fixed-wing aircraft.

Imagine you own a trucking company.

Normally, if you want to move more boxes, you need to buy another truck.

Aerolane is basically saying:

"What if instead of buying another airplane, we just attach a giant flying trailer behind the airplane?"

Here's how it works:

✈️ Regular airplane in front

🪂 Cargo glider in back

Think of it like:

🚚 Truck pulling a trailer

except it's

✈️ Airplane pulling a flying trailer.

Because the glider doesn't have engines, fuel tanks, or pilots, it's much cheaper and lighter than building a whole second airplane. Aerolane believes this can dramatically increase how much cargo an aircraft carries while using only a little more fuel.

Pre-certification access to the only new aviation architecture that uses existing runways, ground handling, and pilots - the carrier switching cost is an upgrade kit, not a fleet replacement.

A binding commercial PO, an STC in final FAA review, and a regulatory bench that includes the former Deputy Director of FAA Aircraft Certification together de-risk the path to first revenue.

Defense engagement is real: three Department of War programs in active evaluation, backed by a four-star Defense Board (no contract dollars flowing yet).

We are hosting a 45-minute Q&A call with Aerolane CEO Todd Graetz on Friday, June 5 at 12:00 PM ET. If you'd like to attend, reply to this email and we'll send the calendar invite.

Best,

Brooks