When they entered the tank they were seeking $500,000 for 20%, a $2.5m valuation. If you haven’t invested yet, don’t miss out on your chance to own your part of a game-changing drone company! JD Claridge, an aerospace designer who started the company with Charles Manning, his business mentor, said the public exposure has been good for the startup company. Drones can put eyes and ears in the sky, helping first responders to offer superior assistance to those who are in the most dire need during the first critical minutes of an emergency.
We are now less than $1000 away from our maximum raise of $535,000! In the last 72 hours, we've seen over $130,000 come in through new investments leading to a new total of almost $950,000! We aim to push the boundaries. Our core values drive innovation and expect excellence.
If you're not already an investor, we'd love to see your name on the list. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. That success caught the attention of the Shark Tank producers who asked XCraft to submit an application because there had never been a drone company on the show. The campaign filled up quickly with 1,184 investors coming on board. We were able to use our x2Q drone to cover more than 10 times the search area than a traditional drone.
The company has their products available in several different versions of drones available on Amazon at a more affordable price than what they originally pitched in Shark Tank Season 7. It comes with an easy-to-use app and can be paired to another mobile device for control and video streaming in real time. In 2018, xCraft launched a second StartEngine campaign which successfully concluded with over $1 million in funding from over 1000 individual investors. [Related: 27 Favorite ‘Shark Tank’ Products at Amazon — New List], StinkBoss — Where To Buy $140 Shoe Deodorizer, Dryer on ‘Funderdome’, The StinkBoss on Steve Harvey's Funderdome (ABC). Removal of a Director, Phil Burke, as of August 9, 2019. We are now pushing the $400k mark. Thank you to all the investors who have helped us achieve this milestone.
We'd love to see more names on the investor list before we have to wrap up! Drone company xCraft started a feeding frenzy on Shark Tank.
I that's you, we'd love to see your name on the investor list! They were looking for a $500,000 investment in exchange for 25 percent equity. We even give away some of the Shark Tank products every once and a while! Now begins 12 months of testing and refinement before "going live" responding to actual emergency calls. If you haven't come on board yet, we'd love to see your name on the investor list. If you haven't already, please reconfirm your investments by following the link in your email. Mark Cuban, Lori Greiner, Robert Herjavec, Daymond John and Kevin O'Leary all agreed to the terms, investing a combined $1.5 million. The X-Craft coming to the Shark Tank in Episode 705 is a cross between a Drone, Quad Copter and an Airplane that takes off vertically before transforming into a fast flying airplane design. Thank you! Total investments have now reached over $770,000! StartEngine does not verify the adequacy, accuracy or completeness of any information. Uas The Latest News On Unmanned Aerial Systems. Investment activity in drone companies has been growing rapidly since the fourth quarter of 2014, as you can see in this chart from CB Insights.
In addition to its multifunctional core product, xCraft also has a prototype called the Phone Drone, an add-on device that turns any mobile phone into a mini-drone.
customized unmanned aerial systems – drones, Kevin O’Leary, Mark Cuban, Lori Greiner, Barbara Corcoran, and Robert Herjavec. Get in now, before our campaign comes to an end! The founders proposed a deal where each shark would invest $300,000 for a 5% stake in the company, raising $1.5 million. 27 Favorite ‘Shark Tank’ Products at Amazon — New List]. xCraft is going strong but we’re nearing the finish line.
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