Richard Kane

Chairman and CEO, Verijet

Telecom entrepreneur Richard Kane founded Inc. 500 company Coastal Technologies Group (CTGi) in 1996. His success began at age 17 when he was profiled by the New York Times for innovative developments in security and copy protection. Now, with over 20 years of proven experience in high–performance computing, Kane holds a number patents and copyrights and continues to lead R&D in high-performance computing and artificial intelligence. Spurred on by the belief that the intellectual property developed over this timeframe has direct implications for the burgeoning air taxi industry, Richard directed efforts to apply the framework to aerospace.

Mr. Kane holds patents and pending patents on high speed parallel processing, artificial intelligence, self learning code and air taxi dispatch models. Kane holds a patent on a critical attitude recovery system intended to prevent spatial disorientation accidents.

Richard is a commercial, instrument rated pilot with seven world speed records and one transatlantic single-engine crossing. Kane is a lifetime member of the EAA and AOPA organizations, the latter for contributions to safety education. He is actively involved in the X PRIZE Foundation and has sponsored a 2007 Lindbergh Foundation Grant. Both organizations seek to improve the world and the human condition by striking a balance between technology and the environment while advancing the pace of technological progress in answer to the grand challenges of our time.