Thank you, again, to all those who submitted for Stage 1 of GoAERO! We are looking forward to learning more about the transformative emergency response aircrafts you seek to build.

 

Stage 2 Registrations Documents

Stage 2 Registration Documents are now available! Even if you did not participate in Stage 1, we invite and encourage you to participate in Stage 2. 

There is a big difference between designing on paper and actual building/flying, so the documents involved for the different Stages of the GoAERO Prize vary as well. In order to proceed from Stage 1 (the paper technical specifications Stage of the competition) into the actual building (Stages 2 and 3 of the Competition), ALL Teams must submit an additional application and be accepted as a Stage 2 or Stage 3 Team by GoAERO. 

Each Team that participates in Stage 2 and 3 is required to complete the package of legal documents which will govern those Stages of the Competition, including the following:

  1. Master Team Agreement
  2. Media Rights Agreement
  3. Certificate of Insurance (as required by the Master Team Agreement)

Of note, Stage 2 and 3 Teams must register and participate as legal entities, and not as individuals. 

Under no circumstances should any off-paper work, building or testing take place before a Team is formally admitted into Stage 2 or Stage 3 of the GoAERO Prize. Should any work be done off-paper before being accepted into Stage 2 or Stage 3 in contravention of the foregoing, such work is done entirely outside the scope of the GoAERO Prize.

 

Submitting your Paperwork

  1. Review the documents carefully. 
  2. Confirm your status as a Legal Entity.
  3. Sign the Master Team Agreement, via DocuSign:
    • The Team Captain must complete page 1 and sign the MTA (page 18), Exhibit A (page 20), and Exhibit B (page 22).
    • The Team Captain ONLY must attach the Team's Legal Entity Status and current Team Roster (Team member name, email address, affiliation (.xls)) to DocuSign. 
    • All Team Members must complete page 1 and sign the MTA (page 18), Exhibit A (page 20), and Exhibit B (page 22).
  4. Sign the Media Rights Agreement, via DocuSign:
    • The Team Captain and all Team Members must complete and sign the Media Rights Agreement. 
  5. Obtain Insurance. The Team Captain should send proof of insurance to info@goaeroprize.com.

 

Proof of Insurance

As detailed in the Master Team Agreement, all Teams are required to provide proof of insurance. Coverage requirements are detailed in the MTA. We have partnered with Global Aerospace who will provide all eligible Stage 2 and 3 GoAERO Teams with $1,000,000 of Aircraft Liability insurance for a flat rate of $1,500.(*Note that eligibility is dependent on team’s geographical jurisdiction). Email for more information. You are not required to use Global Aerospace.

 

Setting up your Company: Expert Lecture

We will be hosting an Expert Lecture in January re: corporate formation and legal entity status. In the meantime, you can review a similar lecture that we provided for the GoFly competition. The information is accurate and relevant to your GoAERO corporate formation.

 

All Stage 2 Documents must be submitted in time for the Stage 2 Submission deadline, however we encourage you to submit your paperwork as soon as possible to ensure a safe, and eligible build. 

Please contact us at with any questions.