This investment involves pass-through losses and profits that may affect your taxes.  Please consult your tax advisor before investing to ensure this is a suitable investment.

This investment opportunity is to purchase interest in a Special Purpose Vehicle that will obtain an interest in the Issuer.

Disclosures & Disclaimers

The Big Space program from the 1960s are today's outdated models

• Product not direct to mobile, expensive receivers and fixed technology with no upgrades 
• Competes with $1T Telco Industry 
• $10B upfront capital needed 
• 10 years to operational 
• Slower to react to market and more complex to deploy, operate and integrate

High Altitude Platform Stations for stratospheric infrastructure

Sceye is building highly advanced, high-altitude platform stations. Robust, versatile and solar-powered, they operate in the stratosphere at 65,000 feet. From here, they can deliver super-fast internet connection directly to devices and high-resolution imagery of the Earth in real time.

Sceye's mission is to use this pioneering technology to improve people’s lives and protect our planet.

—
What Sceye offers

• Sceye's HAPS form a network of stations in the stratosphere—at 65,000 ft (20 km)—capable of long endurance service
• Part of a new generation of high-altitude platform stations (HAPS), Sceye is the only known geostationary player
• Sceye can provide everyone access to high-speed mobile internet and broadcast services connecting large populations over vast areas
• Connects directly to users’ devices whether 2G/3G/4G/5G—high speed, low latency
• Can be deployed over city centres and rural communities in remote regions, finally connecting 4B people to the digital economy

—
About Sceye

Sceye is a material science company leading a new generation of high-altitude platform stations, or HAPS. Its groundbreaking work will help transform lives.

Sceye’s success has been built on a meticulous iterative development and testing process combined with extensive flight experience, enabling the creation of the most advanced product in the HAPS sector.

Sceye's engineering team has a wealth of diverse expertise that combines the best of America’s Cup, aerospace and advanced academic research.

Sceye chose the form factor of an airship over balloons and fixed wing aircrafts as it allows for geostationary capability, while lifting and powering far more payload than any other platform.

Sceye is solar powered during the day and battery powered at night. Sceye doesn't rely on rocket fuel like satellites or single use plastics like balloons.

Working with its global partners, Sceye's mission is to connect and protect our planet from the stratosphere.

Right format,
right materials

—
Unique materials for stratospheric success
—

Revolutionary aerospace fabric

1. Metallic layer shields from ozone and UV degradation
2. Inner layer ensures state-of-the-art gas retention 
3. Adhesive middle layers also provide gas retention 
4. Core layer provides load bearing for high pressure

• Stronger than nearest alternative, relative to weight
• UV and ozone resistant 

—

High energy density battery

1. Lithium Sulphur battery at > 400 Wh/kg
2. 400 Wh/kg is the threshold at which airplanes go electric

• Sceye has optimized the electrolyte chemistry to reduce the volume required to achieve stable reactions 
• Pore size and volume are controlled using a specially formulated MWCNT carbon matrix 
• Porous sulfur-containing carbon matrix for cathode and separator coating, specially processed to provide stable chemistry 

—

Light, durable solar caping

1. Sceye applied its expert lamination know-how to create a lighter solar cape essential for long endurance, heavy lift missions 
2. Covers large airship surface for maximum solar capture generating 10s of kWs of power

• Backing and weather layer developed with extreme weight reduction 

Flights

Continuous development

 

Telecom

—
Flight Operations Model for TelCo Services Station

Based on Management's Projections

—
Recurring revenues

• Stations and payloads are provided as long-term services 
• 1st year of new station revenues cover build, materials and flight operations 
• Subsequent years cover maintenance, parts replacement, and flight operations 
• 5-month payback on station
• Y1 contribution is $5.3M
• 5-year contribution of $24.9M

Market fit

—
SCEYE serves the 2nd largest market—
4B populated rural and which is growing:

• Beyond towers—unfeasible access and economics 
• Beyond satellites—expensive receivers, low capacity/km2 
• 3D beam forming fills white spaces—massive MIMO (multiple-input and multiple-output) arrays
• Sceye’s unique capacity, range, geostationary deliver unit economics that capture this vast middle market  

Comparing HAPS

(High Altitude Platform Stations)

Fixed wing
Needs propulsion to stay aloft, but has insufficient surface area for solar panels, resulting in miniscule SWaP as the majority of power goes to propulsion.

Balloon
Balloon can not be geostationary, as it has no propulsion nor steering so drifts with the wind. Can lift plenty of payload, but offers limited power to payload.

Airship
The form factor of airships will dominate the HAPS category with superior SWaP and geostationary capability

---

Telco — what separates the field

---

Success in TelCo comes from reaching the greatest number of people which requires: 

• Geostationary for precise coverage 
• Powerful, large payloads to connect hundreds of thousands 
• Economic advantage that enables access to all markets 

Equitable connectivity

Sceye is creating a new and equitable service that works for everyone. It works with networks to extend broadband coverage to every corner, so that nobody’s left behind.

Sceye’s ability to lift and power in the stratosphere for months at a time, makes Sceye a compelling alternative to both satellites, terrestrial infrastructure and other HAPS (High Altitude Platform Stations).

By lifting a cell tower to this altitude, Sceye extends its reach 100s of times to improve the efficiency and speed, and because Sceye connects directly to any device—cellphone, tablet, PC—everyone can access a high-speed internet service from anywhere.

To deliver this breakthrough, Sceye deploys state-of-the-art massive active MIMO array antennae and 3D beamforming technologies that deliver extended range, efficiency and a high quality of service—far beyond that of current systems.

Sceye stations uniquely hold positions for precise delivery of coverage where it’s needed, filling in all existing coverage gaps. Sceye complements existing ground networks by avoiding interference, efficiently re-using their spectrum to provide a compatible, reliable and rapidly scalable layer of network in the sky.

---

Right path to commercialization

---

(1)  Both  projects  have  been  abandoned  -  Facebook   in   2018  and  Alphabet   in  2021.

—

(1)  Both  projects  have  been  abandoned  -  Facebook   in   2018  and  Alphabet   in  2021.

---

Opportunity

---

The ask

To complete the current round to $50M, by raising an additional $13M.

The aim

$603M revenues, over $169M EBITDA forecast for 2026.

---

Financial forecast

---

$110M+ invested

More than $75M has been invested in the company by Mikkel Vestergaard, taking SCEYE successfully through R&D cycle to SCEYE commercial demonstrator flights.

In August 2021, SCEYE raised ~$37M from Series B investors.

While they're up there

—
Environmental 

1. Real-time climate change monitoring and transparent conservation

• Civil society, Academia and Government 

2. Precise and persistent monitoring of:

• Methane and CO2 emissions 
• Ecosystems 
• Natural resources

3. Early detection and prevention of:

• Forest fires, floods, storms 
• Oil spills and dumping
• Illegal fishing and poaching – dark vessel identification

4.  Sustainable resource management

• Water resources, usage, quality 
• Agriculture—yield optimization, drought and pest mitigation
• Forest, vegetation, land, livestock management

—
Humanitarian

• Human trafficking—detection and prevention
• Public health response—early detection and contact tracing
•  Disaster relief response—protection of displaced populations 
• Maritime—taking ‘search’ out of search and rescue

Mikkel Vestergaard

Chief Executive Officer

• Entrepreneur with nearly 30 years of material science and humanitarian innovation focus 
• Has built and advised multiple global health and technology companies and a veteran of the materials science sector 
• Has advised the Danish prime minister, been selected as a young global leader by the World Economic Forum and won a Saatchi & Saatchi award for world-changing ideas.

---

About the company

---

Sceye is a material science company leading a new generation of high-altitude platform stations, or HAPS. Its groundbreaking work will help transform lives.

Sceye’s success has been built on a meticulous iterative development and testing process combined with extensive flight experience, enabling the creation of one of the most advanced products in the HAPS sector.

Sceye's engineering team has a wealth of diverse expertise that combines the best of America’s Cup, aerospace and advanced academic research.

Sceye chose the form factor of an airship over balloons and fixed wing aircrafts as it allows for geostationary capability while lifting and powering far more payload than any other platform.

Sceye is solar powered during the day and battery powered at night. Sceye doesn’t rely on rocket fuel like satellites or single use plastics like balloons.

Working with its global partners, Sceye's mission is to connect and protect the planet from the stratosphere.

Risks of early stage investment. Not an offer to buy or sell securities. This is a long-term speculative illiquid investment. Investment is not FDIC or SiPC insured. 

This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.

All funding-portal activities are conducted by OpenDeal Portal LLC doing business as Republic, a funding portal which is registered with the US Securities and Exchange Commission (SEC) as a funding portal (Portal) and is a member of the Financial Industry Regulatory Authority (FINRA). OpenDeal Portal LLC is located at 335 Madison Avenue, 16th Floor, New York, NY 10017, please check out background on FINRA’s Funding Portal page.

All broker-dealer related securities activity is conducted by OpenDeal Broker LLC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, and a registered broker-dealer, and member of FINRA | SiPC, located at 1345 Avenue of the Americas, 15th Floor, New York, NY 10105, please check our background on FINRA’s BrokerCheck. Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.  Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, which may be restricted to only Accredited Investors or non-U.S. persons, may invest in offerings hosted by OpenDeal Broker.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this Site or the use of information on this site. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.

By accessing the Site and any pages thereof, you agree to be bound by the OpenDeal Portal’s Terms of Use and Privacy Policy and/or OpenDeal Broker’s Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures.

Investors should verify any issuer information they consider important before making an investment.

https://www.finra.org/#/

https://www.sipc.org/