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Security Type
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Other
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Categories
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Technology
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Min Investment
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$499
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Location
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COEUR D'ALENE, ID
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Offering Date
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April 30, 2022
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Expected Close Date
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December 31, 2023
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Target Raise
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$9.99K-$57.49K
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No. Investors
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94
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Security Price
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$9.60
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Valuation
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$48,900,000
- Number of Employees
- 8
- Cash
- $24,465
- Revenue
- $5,285
- Short Term Debt
- $66,851
- Cost of Goods
- $10,464
- Long Term Debt
- $339,469
- Net Income
- $-642,057
Company Description
Proudly established in the Pacific Northwest, xCraft, through innovative design and manufacturing has provided US-made solutions for many industries including Public Safety, Surveying, Construction, and Defense. Alongside these industries, xCraft has its eye on the emerging Urban Air Mobility Market, developing technology that will enable fast, efficient, and quiet autonomous flight.
Perks
StartEngine OWNERS Exclusive Click here to learn more
$499+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
First 7 Days
Invest in the first 7 days and receive 15% Bonus Shares
6
days
10
hours
25
mins
42
secs
$1,000+ Investment
$1,000+ Lifetime VIP discount of 10% on all purchases through xCraft*
$5,000+ Investment
$5,000+ · Lifetime VIP discount of 10% on all purchases through xCraft*
· 5% Bonus Class B Shares
· 20% discount on Maverick Drone**
$10,000+ Investment
$10,000+ · Lifetime VIP discount of 10% on all purchases through xCraft*
· 10% Bonus Class B Shares
· 50% discount on Maverick Drone**
* Products may not be purchased for resale.
** Drones to ship within 8 weeks following the close of the campaign.
$25,000+ Investment
$25,000
Lifetime VIP discount of 10% on all purchases through xCraft*
· 15% Bonus Class B Shares
· 70% discount on Maverick Drone**
· Private zoom call with our chief executive officer and one or more of our high profile supporters
Management Team / Advisory Board Bios
Ben Toews
Director
Ben previously served as CEO of Bullet Tools and led the sale of Bullet Tools to a major construction tool manufacturer.
Mark Collins
Advisor
Mark Collins is nationally recognized for his 50+ years of service in health care and technology. He served as CEO for three corporations and is highly skilled in coaching business leaders and building teams.
Tim Treto
Advisor
Tim served as CEO of Tedder Industries and now coaches leaders in large and small engineering and manufacturing businesses.
Tom Ryan
Software Engineer
Tom Ryan has spent his career developing enterprise software solutions to the biggest names in technology. Tom leads our Software team and has helped launch xCraft to whole new level in the Software realm of UAV and has been an invaluable mentor to the younger generation of software engineers.
Kenny Stone
Sales Lead
Kenny Stone has recently joined xCraft as our Sales Lead. Him and his family have recently relocated to the beautiful Inland Northwest, and we are so glad to welcome him to the xCraft Family!
Gabriel Joyce
Designer/Drafter
Gabriel started working with xCraft three years ago as a Contractor, we loved him and his work so much we brought him on full time as a direct xCraft Member. He has been a pivotal contributor in both the design and build of many of our recent launches, notably the Drone Nest.
Brenner Drake
Design Intern
Brenner has been designing in SolidWorks and Fusion 360 for over 5 years and recently brought home the $1,000 1st Prize in the STEM Charter Engineering Challenge sponsored by Regan Designs.
Walter Neils
Software Intern
Walter joined xCraft over the summer and has proven himself to be a software genius! He's well versed in embedded systems development, troubleshooting, multiple programming languages, data entry, and the list goes on.
Jordan Higgins
Software Intern
Jordan is working alongside our software team gaining experience in coding, troubleshooting, programming, and much more.
Isaac Hager
UAV Technician Intern
Isaac has been working as an intern with xCraft for approximately a year. His duties include soldering, building drones, wiring, and just about anything else he can get his hands on. He has an interest in software, so in his spare time, he shadows our software team gleaning all he can from their expertise.
Christi McEvers
Executive Assistant
Christi has been with xCraft since 2018. She tends to customer support, bookeeping, HR, administration, and other general office duties.