Editing Moller M400 Skycar (section)

===Refinancing===
A [[Memorandum of understanding|memorandum of understanding (MOU)]] was signed in January 2013 between Moller International and a US-China and e-business network agreeing to the goal of developing production for Moller Skycars in the United States and the [[People's Republic of China]].<ref name="joint_venture">{{Cite web|url=http://www.eathenatech.com/en/news/134-skycar-developer-moller-international-signs-mou-with-us-based-firm |title=Skycar® developer, Moller International, Signs MOU with US-based Firm|access-date=2013-09-17 |date=January 23, 2013 }} from eAthenaTech.com</ref>

As of October 2015 nothing further has been reported on developments of this previously announced joint venture despite Moller International's January 2013 press release having stated the following:
"The JV will initially invest $80 million (USD) of a planned $480 million investment with the objective of producing a variety of VTOL aircraft by 2014."<ref name="bloomberg_press_release">{{Cite web|url=https://www.bloomberg.com/article/2013-01-24/a3vY2qbFSTh4.html |title=Skycar® developer, Moller International, Signs MOU with US-based Firm|website=[[Bloomberg News]] |access-date=2015-10-07 |date=January 24, 2013 }}</ref>

On November 5, 2013 Moller kicked off a crowdfunding campaign with an official announcement on the ''[[Happening Now]]'' program on [[Fox News Channel]] in the US. He subsequently followed the broadcast announcement with a press release and a radio-broadcast announcement on the ''[[Coast to Coast AM]]'' radio program with host [[John B. Wells]] interviewing Moller for 2 hours.

The campaign was formulated to raise money to further develop the systems to fly the Skycar without a tether and with a pilot on-board - something that Moller had yet to accomplish with the flights that had been conducted to date with the M400X prototype vehicle. Moller launched a donation-only crowdfunding campaign - not subject to [[Security and Exchange Commission|SEC]] scrutiny - and promised to provide gifts and other items to donors, included a ride in the M400X as the top gift of the campaign. The Moller crowdfunding campaign ended on January 4, 2014 and raised a total of [[United States dollar|US]]$29,429.00 from 188 funders, far short of its $950,000 goal.<ref>{{cite news |title= Moller launches crowdfunding campaign for Skycar test flight |date= November 5, 2013 |publisher= Fox News |url= https://www.foxnews.com/auto/moller-launches-crowdfunding-campaign-for-skycar-test-flight |url-status= live |archive-url= https://web.archive.org/web/20150216035258/http://www.foxnews.com/leisure/2013/11/05/moller-launches-crowdfunding-campaign-for-skycar-test-flight/ |archive-date= February 16, 2015}}</ref>