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Security Type
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Convertible Note
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Categories
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Technology, Sustainability, Art & Collectibles, Automotive, Industrial, Manufacturing, Transportation & Storage
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$1.07M
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No. Investors
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225
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Security Price
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$1
- Number of Employees
- 10
- Cash
- $89,084
- Revenue
- $1,639,030
- Short Term Debt
- $80,614
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $66,437
Company Description
💸 $1.54MM revenue 2021, 21% overall YoY growth, 55% growth in product sales
💸 $5MM revenue since 2018, 200+ product units sold
💫 10+ Vehicles Successfully Tested
💪 Seasoned team formerly from Boeing, Google, Rockwell Collins, Lockheed Martin, & more
💥 We combine innovative products, powerful libraries and tools & design services
📈 Commercial drone market $15B alone, CAGR 20.5%, other markets have interest
Eligible for Qualified Equity and Subordinated Debt tax credit for investors with VA income tax.
Key Deal Facts
💸 $1.54MM revenue 2021, 21% overall YoY growth, 55% growth in product sales
💸 $5MM revenue since 2018, 200+ product units sold
💫 10+ Vehicles Successfully Tested
💪 Seasoned team formerly from Boeing, Google, Rockwell Collins, Lockheed Martin, & more
💥 We combine innovative products, powerful libraries and tools & design services
📈 Commercial drone market $15B alone, CAGR 20.5%, other markets have interest
Eligible for Qualified Equity and Subordinated Debt tax credit for investors with VA income tax.
Management Team / Advisory Board Bios
Brian Viele Founder + President20 years in electronics, particularly embedded systems and avionics with a very targeted scope. BS in Electrical Engineering from Cornell., Matthew Walker Founder + Vice PresidentExperienced Software Engineer with a demonstrated history of working in the aviation and aerospace industry. Skilled in writing embedded, real time, and safety critical software in C and C++.