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Security Type
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Common Stock
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Categories
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Technology
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Min Investment
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$249
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Offering Date
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December 15, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$10.00K-$1.07M
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No. Investors
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63
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Security Price
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$0.81
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Valuation
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$53,900,000
- Number of Employees
- 5
- Cash
- $7,942
- Revenue
- $211,903
- Short Term Debt
- $30,466
- Cost of Goods
- $160,734
- Long Term Debt
- $0
- Net Income
- $-27,523
Company Description
Advanced AI Solutions aims to be one of America’s top producers of fast-response, fire-suppressing drones. Our AI-enabled thermal camera technology can detect and respond to fires at an early stage, helping to save lives and control major disasters. The company's products are in the pre-market prototype stage and the company is currently pre-profit.
Key Deal Facts
Exclusive license to use just under 200 global patents and patent applications with production based in the US.
The size of the US fire protection market will reach over $6B by 2023 with the global market size expected to reach $67B by 2028.
AI drones present a safer and more advanced fast-response tool for extinguishing and mitigating fires.
Management Team / Advisory Board Bios
Yuen (Vincent) Mao
CEO, Director, and Chairman of the Board
Yuen (Vincent) Mao is the CEO and Founder of Advanced AI Solutions Inc. Vincent's education was in art including a year at the San Francisco Art Institute. Vincent is a seasoned entrepreneur and inventor, having built a successful jewelry business which he grew to seven retail stores. In response to an economic downturn, Vincent pivoted his model to focus on the technology sector leading to numerous patents including a jewelry vending machine and a car sun visor. Vincent’s next realm is focused on the use of drone technology to fight fires. Vincent's positive attitude and continuous drive towards the application of cutting edge technology to solve real world problems are what drive him.
Jeff Fulkerson
COO of North America
Jeff is the COO of Advanced A.I. Solutions in San Diego, CA where Jeff works closely with the CEO & CFO to coordinate marketing and sales, as well as developing strategies and procedures to facilitate the growth and expansion of the company. Jeff works closely with the executive team to set company goals and monitor performance. Jeff has successfully run his own construction company for the last 30 years building and overseeing projects from residential, municipal and government projects including residential development.