Active Safety System Technologies Inc.

Active Safety System Technologies Inc.

Amazing safety systems to protect US soldiers/citizens from IEDs/eVTOL crashes

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Categories
Technology, Manufacturing, Financial Services, Industrial, Education, Transportation & Storage
Min Investment
$100
Location
Shelby Township, MI
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$250.00K
No. Investors
65
Security Price
$1.50
Valuation
$5,120,000
Number of Employees
1
Cash
$720
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$16,210
Net Income
$-2,255

Key Deal Facts

ASST will have access to distribution agreement for sale of ABBS product range in US and Canada
ASST will market novel patented ABBS technologies already extensively tested by US Army and UK MOD.
Two key innovations: A Safety Eco-System for eVTOLs and an Armored Vehicle IED Protection System.
ASST will have the license to 3 registered & 2 pending US patents (one approved November 2021).
Working at highest levels in our markets: The Pentagon, DARPA, Armed Forces, Aviation Authorities.
Discussions ongoing with Pentagon Rapid Reaction Technology Office and the US Army GVSC Detroit.
ASST will market an Artificial Intelligence system to identify landing sites under flight path
ASST will market a crash prevention system being developed with a US Ballistic Parachute supplier.

Management Team / Advisory Board Bios

Roger Sloman Chief Executive OfficerInventor and serial entrepreneur, introduced carbon fibre to F1 motor racing in 1975, identified Active Mine Protection concept in 2008 and eVTOL safety system in 2013. Has invested over $2.6million and the last 13 years in developing ABBS and ASST., Brigadier (Ret'd) Ian Cameron-Mowat ChairmanA former Head of Force Protection for the UK Ministry of Defence with a wide range of contacts and current activities in the defence market., Don Szkubiel Chief Operating OfficerWith over 30 years working with the US Department of Defense, Don has excellent contacts with the US Army Ground Vehicles Survivability Centre and US Special Forces. Located close to the US Army Ground Vehicle Systems Centre in Detroit., Dr. David Field DirectorStrong technical background in Materials Science and Metallurgy combined with considerable skills in strategic market research, sales, sales management and analysis; plus bid writing. Has been instrumental in ABBS sourcing $1.27million UK R&D Grants., Rich Mellor SecretaryFormer UK lawyer with 20+ years experience as controls engineer, website programmer and contracts manager. Deals with shareholder communications, managing contracts and our publicity., David Staveley Chairman of Advisory BoardInternational business background, been working with ABBS in the UK for 11 years. Leads and supports on negotiations and commercial arrangements., Robert J. Kmiecik Advisory Board - Military ConsultantWith over 30 years of military service, attaining the rank of Colonel, Rocky is the Former Director of Mounted Requirements at the Maneuver Center of Excellence at Fort Benning GA, where new military vehicle designs are specified., Brian Coaker Advisory Board - Technical ConsultantChartered Engineer & Scientist, specialist, high-level expertise in Safe/Arm and sensor/control and initiation systems. Brian has been with us for 6 years and is currently the key technical resource for both ABBS and ASST., Simon Flear Advisory Board - Finance ConsultantChartered Accountant, specialises in forensic accounting, advises companies and prepares forecasts. His experience of carrying out forensic accounting investigations in many companies is a great asset for ABBS and ASST., Larry Edward Williams Advisory Board - Ballistics AdvisorChief Executive Officer & President of Aviation Safety Resources, Inc, with 20+ years personal experience in the aviation safety industry. ASR designs, tests, and produces emergency parachute recovery systems for light aircraft.
Amount Raised : $61,571
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