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[We originally sent the following to our mailing list subscribers 11/30/24. Added to website 12/5/24.]
Revenue: $10,425
Burn: $41,742
Cash: $1,011,926
Runway: ~23 months
We're thankful for those taking action... aka all of you. Some focus on talking, but they're increasingly the minority. More change is coming, and with your help we're going to keep making it as cool as possible.
We performed 15 launches this month, delivering 12,670 Cooling Credits. This includes deploying our first test balloons with polyethylene + hydrogen:
Useful data on the former, and total success on the latter. Combined, these will decrease our cost by at least 70%. Tech, cost, legality: all of these are solved for now and to >100x our current scale. If we fail, it will be from lack of sales.
On sales, revenue was down this month. However, we have some promising deals that might close next month to end 2024 with a bang. No corporate or government contract over the line... yet. We'd love anyone's ideas on how to break through here.
For holidays, gift cards: Cool Earth for someone you love!
This month, we will:
Get 'return to home' working from a (low-altitude) drone for 3 flights
$100,000(!) in sales
Cooling Earth Thanks To You,
Andrew and Luke