Gravity

Gravity

Designs, manufactures, and operates jet suits

Overview

Gravity Industries designs, builds, and operates a wearable Jet Suit that uses five micro gas turbines to generate over 1,000 horsepower for vertical takeoff and controlled flight. A pilot steers by body movement, with propulsion and control integrated into a single suit, capable of speeds over 85 mph. Revenue comes from live demonstrations, flight training, defense and search-and-rescue partnerships, and limited private sales across entertainment and field operations. The goal is to expand practical human-flight mobility by broadening the Jet Suit’s capabilities and applications and scaling adoption through partnerships and training.

Significant Headcount Growth

About Gravity

Simplify's Rating
Why Gravity is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

Aerospace

Defense

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$29.1M

Headquarters

Salisbury, United Kingdom

Founded

2021

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Simplify's Take

What believers are saying

  • Gravity raised $9 million at an $82 million valuation in 2026.
  • Hampshire Air Festival and Indian Army demos keep Gravity visible globally.
  • Royal Marines, Ørsted, and GNAAS trials validate rescue and boarding use cases.

What critics are saying

  • Christopher Harborne's control concentrates ownership; strategic disagreements can cripple fundraising.
  • Jet Suits cost about £300,000 each; demo revenue cannot support mass-market growth.
  • Regulatory and safety scrutiny after military trials and public displays can freeze deployments.

What makes Gravity unique

  • Richard Browning built Gravity Industries' patented Jet Suit, not a software copycat.
  • Five microturbines enable vertical human flight; few competitors match that spectacle.
  • 2026 Indian Army demos show defense relevance beyond entertainment and stunts.

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Funding

Total Funding

$29.1M

Below

Industry Average

Funded Over

3 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Hybrid Work Options

Company Equity

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

2%

2 year growth

5%
Love & Over
Sep 4th, 2026
Gravity Industries Jet Suit display confirmed for Hampshire Air Festival.

Gravity Industries Jet Suit display confirmed for Hampshire Air Festival. Gravity Industries will be joining the inaugural Hampshire Air Festival, bringing its world-famous human Jet Suit to Thruxton Aerodrome on 12th & 13th September. Created by British inventor and Gravity Industries Founder Richard Browning, the Jet Suit represents a remarkable new chapter in personal flight, using pioneering technology to augment human capability and make controlled, body-flown jet-powered flight possible. The display will form part of the events Saturday dusk 'Evening Extravaganza', adding a dramatic demonstration of future flight as the show transitions from daytime flying into an programme of illuminated displays, drones, lighting and entertainment. Gravity Industries will also appear during the daytime Sunday show, giving visitors another opportunity to see this extraordinary technology up close as part of the wider celebration of 'The Age of Flight'. Richard Browning, Founder and Chief Test Pilot of Gravity Industries, said: "We're delighted to be part of the inaugural Hampshire Air Festival. It's fantastic to support an event celebrating Britain's extraordinary aviation heritage, especially so close to home. Despite an incredibly busy international schedule, we aim to support opportunities like this to share the technology with a local audience where we can, and we're looking forward to inspiring the next generation of innovators." Jonathan Moore, Event Organiser for Hampshire Air Festival, said: "Gravity Industries is exactly the kind of addition we hoped to bring to Hampshire Air Festival in our first year. The Jet Suit is bold, innovative and inspiring, while also fitting perfectly with our Age of Flight theme. To have a locally based company demonstrating such groundbreaking technology at Thruxton is a real privilege, and we know it will be one of those moments visitors will talk about long after the weekend." From early pioneers and historic aircraft to the latest advances in human flight, Hampshire Air Festival has been created to tell the story of aviation across the generations. Gravity Industries brings that story right up to the present day, showing what can happen when imagination, engineering and determination come together. Tickets are still available for Saturday 12 and Sunday 13 September, with Saturday including a full daytime flying display and dusk Evening Extravaganza, and Sunday offering a packed daytime programme of flying, static aircraft and ground attractions. Tickets: www.hampshireairfestival.co.uk

OMVenture
Jul 23rd, 2026
Latest (worldwide) travel news.

Latest (worldwide) travel news. Read the latest worldwide travel news, right here, in peace. (If you can't see the travel news below, try turning off ad blockers). refresh. Gravity launches first all-purpose sustainability agent. The agent can take any action a user can take in the Gravity platform, and ships with a library of 85+ skills trained by Gravity's in-house climate and energy experts. SAN FRANCISCO, July 23, 2026 /PRNewswire/ - Gravity, the leading enterprise carbon and energy management platform, today announced the launch of the Gravity Agent, the first all-purpose AI agent built for sustainability and energy teams. It ships with over 85 out-of-the-box skills trained by Gravity's climate strategists and energy experts. In early pilots, customers have already cut time to migrate data, draft disclosures, and identify energy cost savings by 70% or more, turning days or weeks of work into hours or minutes. Many sustainability software platforms have launched AI "agents" in recent months, but the term has lost much of its original meaning. These agents only handle a small number of discrete tasks, like cleaning a spreadsheet or answering questions about data. The Gravity Agent, however, is an agent in the fullest sense of the word: it can do anything in the platform with code that a user can do with a click. "Everyone says they have an agent, but almost no one means the same thing," said Ted Kornish, Co-Founder and CTO of Gravity. "A true agent handles a wide variety of tasks and works toward them: deciding the steps, taking action, and circling back only when it needs more guidance or has a draft ready for review. Gravity is the only API-first sustainability platform, meaning the agent can use the software in all the ways users can." Sustainability and energy teams have spent years stuck in measurement, analysis, and reporting cycles, with scarce time to focus on reducing emissions or energy costs. The Gravity Agent does not replace these teams, but rather gives them superpowers - freeing them to spend less time wrangling data and more time taking action to decarbonize operations, reimagine supply chains, and cut energy spend. Gravity's climate and energy experts have trained and validated over 85 skills, which are instructions the Gravity Agent follows for common tasks. At launch, the library includes skills to migrate historical data from spreadsheets and other platforms, identify cost-saving energy project opportunities, and draft regulatory disclosures, among many others. Users can also build new skills tailored to their needs, with support from dedicated climate strategists. The agent can work on multiple tasks simultaneously, run in the background while users work elsewhere, and store memory to accelerate repeated work. Carbon accounting and energy management work is high stakes, so the Gravity agent includes multiple layers of safeguards at launch. The agent never makes a change without rigorous governance - all changes require human review and approval, every action is recorded so data remains audit-ready, and Gravity never trains the agent on customer data. Emissions math always runs through Gravity's deterministic calculation engine, so the results are fully reproducible for sustainability teams and their auditors. Gravity has applied the same rigor to its own AI footprint and that of its customers. Last year, the company pioneered one of the first emissions accounting methodologies for AI, which Gravity now uses to measure emissions from the Gravity Agent and to help customers measure emissions associated with their own AI usage. Gravity will continue to expand the agent's skill library in the coming months, with deeper support for self-serve onboarding. About Gravity Gravity is an end-to-end carbon and energy management platform that aligns sustainability and business value. Built for leading enterprises and financial institutions, Gravity empowers hundreds of clients to easily comply with emissions reporting requirements, win over customers, and reduce costs by optimizing energy use. With industry-leading technology, Gravity ensures customers can navigate the changing regulatory environment with confidence and execute projects that drive meaningful energy reductions, while protecting - and enhancing - their bottom line. Learn more and arrange a demo at www.gravityplatform.com Media Contact Alexandra Pony PONY Communications 250.858.0656 SOURCE Gravity

Yahoo Finance
May 29th, 2026
Farage's crypto donor backs British jet-pack maker in $82M funding round

Christopher Harborne, a crypto-billionaire donor to Nigel Farage's Reform UK, has acquired a stake of more than 25% in Gravity Industries, a British company developing military jet-pack suits. Filings show an entity called Spacetime Holdings owns 33% of the company, a vehicle Harborne has previously used for investments. Gravity Industries, founded by former Royal Marines reservist Richard Browning, raised $9 million this year at an $82 million valuation. The Somerset-based company holds the world record for fastest jet-suit flight at 85mph and has confidential defence contracts for equipment enabling soldiers to fly short distances. Harborne, based in Thailand, has donated over £12 million to Reform UK and reportedly holds a 12% stake in cryptocurrency business Tether. He also owns stakes in defence contractor QinetiQ and money transfer business IFX Payments.

Morningstar
Feb 13th, 2025
Gravity Appoints Tyler Davey as CEO to Drive Public Sector Finance Innovation

Gravity (IGM Technology Corporation), a leading cloud-based financial and disclosure management platform for state and local governments, announced today the appointment of Tyler Davey as Chief Executive Officer (CEO) to lead the company through its next phase of growth.

PR Newswire
Jan 21st, 2025
Gravity Secures $13M for Energy Optimization

Gravity announced a $13M Series A funding round led by Ansa Capital, bringing total funding to over $20M. The platform automates carbon accounting and energy management, helping companies reduce energy costs and comply with reporting requirements. Gravity's solution has driven 400% year-over-year revenue growth and saved customers significant costs. The funds will enhance product development and expand the team in the US and EU.

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