FutureGen Robotics

Welcome To The Next Generation Of Robotics

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Security Type
Common Stock
Categories
Technology
Min Investment
$250
Location
Boca Raton, FL
Offering Date
August 30, 2021
Expected Close Date
March 01, 2022
Target Raise
$10.00K-$1.07M
No. Investors
18
Security Price
$5
Valuation
$35,000,000
Website
futuregenrobotics.com
Number of Employees
1
Cash
$12,027
Revenue
$0
Short Term Debt
$7,707
Cost of Goods
$454
Long Term Debt
$0
Net Income
$-46,127

Company Description

FutureGenRobotics develops mobile robots and AI solutions to simplify and automate some of the most labor-intensive tasks.

Key Deal Facts

The landscape services industry has a market size of $105.1 billion in 2021, while the global industrial and commercial floor scrubbers market size was valued at $3.66 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2020 to 2027.
In 2017, FutureGen put 8 units into the field for testing and beta, and the feedback from customers since then has been overwhelmingly positive.
So far, the SmartMow is covered by three US patents, while the FGR Floorbot design is nearly complete, and is expected to be in production by Q1 of 2022.

Management Team / Advisory Board Bios

Michael Letsky, CEO, CTO, CFO, President, Secretary, and Director
Mike Letsky is a visionary and game-changer. Mike has been awarded 5 issued US patents in robotics and is the inventor of the SmartMow technology. For the past 20 years, Mike has worked in Aerospace, IoT, Robotics, and Product Development.
Amount Raised : $8,979
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Security Description

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

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