The Courier-Mail

Jetpack inventor shoots for blast-off next year

- JACINDA TUTTY

Zealand, Mr Martin said he couldn’t understand why jetpacks never got developed.

“A lot of guys have their projects in their garages fixing up cars and what not, I had jetpacks,” Martin said. “It’s still in developmen­t, but we have expression­s of interest for about 6000 aircraft.”

The company listed on the ASX in February and Mr Martin has since resigned as nonexecuti­ve director, although he still holds a 15 per cent stake.

The stock – issued at 40 – hit an intra-day peak of $3.15 in a crazy day of trading in March. The stock closed 3 higher at 62 yesterday.

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