Digital Direct

Regulation Crowdfunding offering on StartEngine

$63,310

of $87,945 goal

72.0% funded

About the offering

Infrared Sensor for Autonomous Vehicles and Car Safety. Overview. Digital Direct IR, Inc. has developed and patented a thermal infrared sensor which will enhance automotive safety and empower autonomous vehicles. Artificial intelligence applied to autonomous vehicles and automated driver assistance systems (ADAS) is rapidly being adopted. Car manufacturers are constantly improving automotive safety by incorporating advanced sensors which, when combined with artificial intelligence, will foster a new level of passenger and pedestrian protection. We have created multiple breakthroughs: a new sensor paradigm, multi-spectral capability and a curved imager at a 10x price reduction. The Need. There is tremendous potential to almost eliminate transportation injuries, deaths and property damage from the failings of human operation, environmental conditions, driver experience and interaction between vehicles. Each year there are over 5.4* million car accidents in the United States alone. There are over 1.2** million deer related incidents. Smart cars operate from multiple sensors on each vehicle. These sensors capture a voluminous amount of data on the car, its surroundings and the situation. Onboard computers will analyze this data in real time and make critical decisions more than 100x faster than humans can. Our Breakthrough. What we have done is develop a completely new methodology for a Thermal Infrared vision imaging system that will complement other sensors (i.e. Lidar and Radar) to give each vehicle the most detailed picture of its surroundings to be able to make the best decision. Can your car warn you about an animal about to jump in front of you. Have you ever been blinded by oncoming headlights at night Sources: *Wiki**Insurance Journal. Technology.Our technology is based on a physics and material science innovation combined in a MEMS device. Because of the novel design of our pixel detector, we believe our device will have the following advantages: (i) Multi-spectrum (i.e. both mid IR and far IR), (ii) lowest cost by a factor of 5-10x, (iii) high resolution picture quality and (iv) a customizable aspect ratio, to achieve the best situation awareness and most efficient data communication and analysis.

FAQ

How much has Digital Direct raised?

Digital Direct has raised $63,310 of a $87,945 goal.

Where is Digital Direct's campaign listed?

The offering is listed on StartEngine, an SEC-registered Reg CF intermediary.

What are the terms of Digital Direct's raise?

Common Stock, $8.3M cap, $65.00/share.

When does Digital Direct's offering close?

The stated close date is Aug 16, 2018.