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seeking financing
of varying levels.
Seed/Stake
Funding: Individual(s) [ < 1M ]
- Continue supporting
first prototype's development and proof-of-concept.
- Only Full Time
Employee-Silverthorne; Only Board Member-Engelberger, outsourcing, equipment
(arms) consultant(s).
- One year or less,
using prototype for venture attraction/promotion
Initial
Funding: Venture/Industrial [ > 1M ]
- Engelberger (Chairman)
and Silverthorne (CEO) startup goal; experienced COO, CIO and CTO identified
- Small Fleet of
working prototypes for Alpha/Beta testing
- Team of 15 people
for about two years (5M) development/structuring for:
Second
Tranche for Pilot Level Business: Private [ > 10M ]
- Robot Fleet of
500 robots-for-hire (25M)
- $6.5 million revenue
per annum (25M)
- Bi-Coastal North
American operations (East: Corporate, Research & Development,Software;
West: Sales/Service/Software)
- Staff of 40 to
50 for 3 to 4 years (25M) building/build-up/ramp-up-to:
Ultimate
Business/Industry Goal for Full Scale Launch: Public
- Robot Fleet of
2000+ (100M) robots-for-hire
- Annual Revenue
stream in excess of $50 million, with value-add-ons
- Equity goes into
fleet; costs: support network, maintenance, service/administration costs
- Staffing Level
approximately 150+ people on/off site plus subcontracting/outsourcing
- Inter-Continental
business likely after stabilizing in North America/Europe (Europe/Americas/Orient)
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