Soar Robotics
Regulation Crowdfunding offering on Republic (OpenDeal Portal)
$1.03M
of $1.07M goal
96.2% funded
About the offering
Drones lack sufficient autonomy and intelligence. Industries fail to utilize drones and aerial vehicles efficiently, securely and quickly for industrial applications. As a result, we can’t increase the efficiency of human labor. Drones become inefficient and primitive tools in the hands of a human operator, in terms of both in-flight and post-operation data handling. This limits the potential of aerial vehicles to maximize revenues in many industries such as energy, agriculture, security and more. Furthermore, these robots have very little access to real-time and long-term robotic intelligence that they can consume to become smarter and more autonomous. Being disconnected from a larger network also limits the collaborative operational… Solution - We turn drones into mission-executing robots . Soar Robotics’ cloud-based AI products make drones and any aerial vehicles smart and connected. We produce fully autonomous aerial vehicles that automate the work of humans in industrial applications. Our drone-in-a-box solution deployed on factory premises. Our technology allows users to: reduce labor costs by more than 80% hire fewer technical personnel in challenging jobs and environments manage industrial zones 24/7 remotely bring full autonomy to maximize revenues in industrial applications. Product - Soar Robotics develops a cloud-connected robotic intelligence for aerial vehicles. Our system consists of an autonomous drone, recharging dock, data linking technology, weather protection features, and our cloud intelligence platform. The system is deployable in under 2 hours and is capable of serving almost any industry imaginable due to its modular system design. We develop fully autonomous industrial drones and ground bases, which operate without a human pilot. Flight, data collection, battery recharge and data processing - these operating stages used to be part of a continuous cycle that needed human supervision.
FAQ
How much has Soar Robotics raised?
Soar Robotics has raised $1.03M of a $1.07M goal.
Where is Soar Robotics's campaign listed?
The offering is listed on Republic (OpenDeal Portal), an SEC-registered Reg CF intermediary.
What are the terms of Soar Robotics's raise?
SAFE, $7M cap, 20% discount.
When does Soar Robotics's offering close?
The stated close date is Mar 10, 2020.
