Northstar Technologies Group

Reinventing the construction industry

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Security Type
Common Stock
Categories
Building & Construction
Min Investment
$99
Location
Naples, FL
Offering Date
October 15, 2020
Expected Close Date
June 10, 2022
Target Raise
$10.00K-$1.07M
Security Price
$1.50
Deal Notes

Price per Share: $1.50

Valuation
$30,000,000
Number of Employees
6
Cash
$394,385
Revenue
$615,035
Short Term Debt
$142,122
Cost of Goods
$570,178
Long Term Debt
$217,504
Net Income
$-683,701

Company Description

Northstar has developed patent pending 100% Fiber Reinforced Polymer (FRP) Composite Building Systems and Methods to provide financial savings and environmentally sustainable benefits for the following market segments: Aerospace & Defense, Commercial, Industrial, Residential, Healthcare, Agriculture, and Energy.

We believe in producing innovative and affordable building solutions to achieve the highest level of sustainability. Our technology has shown that it can outlast the traditional building materials, thereby, lowering construction and maintenance costs over the life of the structure.

Northstar building systems are designed and engineered with advanced composite materials, which are made up of high-performance resin systems and high-strength, high-stiffness glass fiber reinforcement that allow us the flexibility to meet a wide variety of project specifications.

Our patent pending Fiber Reinforced Polymer (FRP) Composite Building Systems and Methods provide financial savings and are 75% lighter than structural steel, stronger than structural steel on a pound-for-pound basis, reducing structural requirements, foundations, installation equipment and personnel.

Northstar structures are produced in factories. This increases quality control while minimizing construction timelines.

Key Deal Facts

Advanced 100% FRP building systems and methods
In negotiations on a $2.2 billion construction project as an exclusive vendor partnership using Northstar FRP building systems and methods .
Management team and Company Advisors with experience in Fortune 500 companies, aerospace / defense, patent development, management, litigation, and composite home / commercial construction.
100% FRP Patent Pending systems and methods for occupied and unoccupied commercial buildings and homes
Over $11 million invested in the development of our technology

Use of Proceeds

  • Engineering & Development
  • Marketing/ Business Development
  • Domestic/International Patent Filings
  • General/Admin Expense
  • Intermediary fees

Management Team / Advisory Board Bios

Paul A. Inglese
CEO
Mr. Inglese is CEO of Northstar Technologies Group, Inc.

Dwaine A. Parker
President
Mr. Parker is the President of Northstar Technologies Group Inc. and XiDrone Systems Inc. Both companies share in collaborative business opportunities using Next Generation technologies.

Scott M. Foster
CFO/COO
Mr. Foster is the Chief Financial Officer of Northstar Technologies Group, Inc.

Deal Notes

Price per Share: $1.50

Amount Raised : $728,994
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Security Description

Common stock is a security that represents ownership in a corporation.

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