Target Arm

Drones On the Move

Company Information

Website:

https://www.targetarm.com/

Sector:

Other Transportation

Location:

Ridgefield, CT

Target Arm is putting drones on the move.

That may seem redundant, as drones already fly through the air. But this company’s flagship product enables drones to take off and land autonomously from any moving platform. This will expand the usage of drones in big markets like defense, logistics, and search & rescue.

Target Arm’s team is comprised of aeronautical, mechanical, and computer-science engineers. Notable customers include Hyundai, the U.S. Air Force, and U.S. Army. The company holds a patent on its technology.

Team Background

Jeffrey McChesney - Co-Founder & CEO
Ryan Bigham - Co-Founder & Lead Engineer
Jeffrey "Cheese" A. McChesney -
Ryan "Dory" Bigham -
Eric David Achtmann -
Douglas Andrew Neugold -
Warren Katz -
MG (Ret.) Steve Sargeant "Burner" -

Co-Investors

Raising
$1.23 million
Committed
$544.81K (44%)
Current Valuation
$59.99 million
Min. Investment
$481
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
Notable Investors
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