First, a bit about Netcapital, the collaboration with DroneLife and why its important to our readers and to the industry.
Every day we are introduced to exciting new companies in the drone technology space. These companies are often constrained by funding and the need to raise capital. On the other side, our readers ask about investing in the drone ecosystem. The collaboration with Netcapital provides a funding vehicle for drone companies and a market for individual investors to select and invest in interesting drone startups.
Netcapital provides a private securities platform that helps companies raise capital and investors find opportunities in the emerging drone technology space. Netcapital’s private securities platform combines key infrastructure inspired by public markets with the flexibility of internet fundraising, providing growing companies with the tools they need to rocket through the funding process. The passage of the JOBS Act means everyone—not just the wealthy—can invest in early stage companies. With a few clicks, investors can purchase common stock in early-stage companies for as little as $99.
Here’s Jason Frishman, CEO of Netcapital on Jim Cramer’s MadMoney explaining the platform:
DroneLife will surface drone companies on the Netcapital platform to its readers without making any investment recommendations. “Our readership is made up of drone professionals and enthusiasts, a perfect fit for investment consideration in emerging drone technology companies” said Alan Phillips, CEO of DroneLife.
Now about the first investment opportunity:
“Today, we are pleased to announce the first drone company is now live on the Netcapital platform.” VolAero is a professional drone services company that integrates cutting edge drones, imagery, and data processing technologies to provide its clients with actionable analytics.
The Founder and CEO of VolAero is Charles Zwebner, an experienced technology executive with over twenty-five years in the telecommunications and technology industries. The Company seeks to raise a maximum of $500,000 in this offering with an implied valuation of $5,500,000.
The drone services market is estimated to be USD 705.3 million in 2016 and is projected to reach USD 18,022.7 million by 2022, at a CAGR of 71.62% during the forecast period.
Click here to see the VolAero offering and to invest.
VolAero has executed 48 jobs to date with a pipeline of an additional 33 jobs. “Although the company’s revenues are still limited, we see client acquisition as a more important barometer since each client gained often has additional job recurring revenues and referral revenues,” Phillips stated.
VolAero focuses on the following vertical markets:
- Real Estate Marketing
- 2D Terrain Mapping
- 3D Modeling
- Environmental Surveillance
- Thermal Inspections
- Construction Progress Monitoring
- Turf Health Management
- Infrastructure Inspections
- Volumetrics
As of today, the company has raise over $35,000 on the Netcapital platform.
Click here to see the VolAero offering and to invest.
Frank Schroth is editor in chief of DroneLife, the authoritative source for news and analysis on the drone industry: it’s people, products, trends, and events.
Email Frank
TWITTER:@fschroth
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