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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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May 31, 2022
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Expected Close Date
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September 09, 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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56
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Security Price
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$3
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Valuation
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$8,910,000
- Number of Employees
- 12
- Cash
- $38,358
- Revenue
- $11,468
- Short Term Debt
- $269,941
- Cost of Goods
- $0
- Long Term Debt
- $83,483
- Net Income
- $-467,445
Company Description
USOG, Inc is a minority-owned Service Disabled Veteran Owned Small Business (SDVOSB) developing disruptive technologies revolutionizing the drone delivery industry. The patent-pending 10K Cargo Delivery System™(CDS), 10K Smart Tether System™ (STS), Biomed Cargo System™(BCS), and portable launch/landing station enables customers and partners to deliver multiple packages to more than one location in a single flight. In addition, the 10K CDS, STS, and BCS are proprietary hardware systems that are heavy-lift capable and drone platform agnostic that significantly reduce costs per delivery, resulting in clean, sustainable energy solutions. USOG empowers the end-user to choose the most cost-effective drone option for their needs resulting in lower costs and maximum ROI.
Perks
StartEngine OWNERS Exclusive Click here to learn more
$249+ 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.
$25,000+ Investment
25K+
● 5% Bonus Shares ● USOG’s Guest at Commercial UAV Expo (CUAV) Live Demo ● Conference Exhibit Hall Ticket + USOG Team Meet & Greet
$50,000+ Investment
50K+
● 5% Bonus Shares ● USOG’s Guest at Commercial UAV Expo (CUAV) Live Demo ● Conference Exhibit Hall Ticket + USOG Team Meet & Greet ● Invitation to live field demo with USOG Team. (may include early prototypes & emerging technologies sneak peek)
$100,000+ Investment
100K+
● 10% Bonus Shares ● Guest CUAV Live Demo + ● Conference Exhibit Hall Ticket ● Invitation to live field demo which may include early prototypes (emerging tech) ● Eligible for a position on USOG Board of Advisors (Board Approval Required subject
Key Deal Facts
Disrupt the market: The global drone delivery market was worth $2B in 2020, and expected to hit $5B+ by 2026.*
Support innovation: Adaptive patented technology that is drone agnostic – ‘bolts onto’ drone platforms, regardless of make or model.
Big name partnerships: USOG is working with the American Red Cross.
Management Team / Advisory Board Bios
Jeff Cummings, MS, MBA
Chief Financial Officer & Director
Jeff is a finance and operations executive who routinely acts as an advisor to CEOs and Boards. Holding both MBA (cum laude) and MSF degrees, Jeff has particular strengths in corporate financial planning, driving accountability and results, cash and expense management, risk mitigation, strategic planning and deployment, driving operational efficiencies, and scaling companies. Jeff was a 2018 San Diego Business Journal “CFO of the Year” finalist.
Desi Eckstein
Flight Safety and Training
Known in the industry as Drone Diva Desi. Ms. Ekstein is an Adjunct Instructor of Unmanned Aerial Systems (UAS), at TCI MiraCosta College. With over six years of remote piloting experience, she is an FAA Certified Part 107 Pilot, Canadian Advance Remote Pilot and an AUVSI TOP III Remote Pilot and instructor. Additonally, she is a Lead Representative of the FAASTeam DronePro and a UAS Safety Advisor for Women and Drones. Desi has logged UAS commercial flight hours in a wide variety of industrial applications and provides educational instruction for the Remote Pilot Part 107 exam.
Jennifer Guinn
Biomedical Solutions
Strategically focused leader, extremely adaptable, and proactive with heavy emphasis on operational excellence and development. Highly accomplished medical professional with over 20 years of experience in the healthcare industry with a strong technology influence. Extensive experience in customer service, process improvement, quality assurance and new product development and implementation. Specializing in cross-team communications, team building, talent assessment and quality assurance/control.
Houston "The Jet" Lear
Flight Operations
Houston possesses the dynamic ability to help facilitate progress in a team. He is a Certificated 14 CFR Part 107 Pilot with over 15 years of experience as an automotive technician and A/V professional. Guided by the principles of safety and innovation, Houston has a keen eye for flight plan details that facilitate successful missions.
Eartha Palenscar
HR (TBD)
With over 18 years of experience in HR & Talent Acquisition, Eartha is on the pulse of today’s job-seeker and is laser focused on sourcing talent to continue USOG’s mission. Eartha’s experience ranges from partnering with hiring managers from a fortune 100 Startups.