NAUST Robotics ApS
We are raising 2 million kr. at 8 million kr. post money valuation (25%). We have recently received an Innobooster grant of 820.000 kr. and was admitted to the European Space Incubator which finances part of the product development. The investment will be used to boost sales, speed up the development of our fully autonomous drone platform and it also gives us the opportunity to apply for large European funds such as GUDP or Eurostars.
We have been working on this project full time since 2020 August and have successfully developed our own customized drone solution, which we are launching on the market now. So far we secured two customers, with more on the way. We are developing to be the first company with fully autonomous drones in agriculture. Our team covers every aspect of the company from product development to sales, and we have several experts and consultants helping us in business development, product development as well as drone legislation. Everything is aligned to enable a more efficient agriculture and save millions of tons of food each year, we just need liquidity to boost sales and product development.
We recently launched the sales of our automatic drone solution, which helps farmers protect their fields from bird damage, thus saving time and money. We are the most effective bird scaring device out there. This drone still requires the farmer to be present during flights, but in the near future we are rolling out a more autonomous version with charging platform. We obtained the first two customers last month, and estimate around 20 sold drone in 2022, which will result in 1 million kr. revenue. During autumn, we will investigate Spain and Germany as the first international markets. We are three international co-founders with large technical knowledge in drones. We have a part time employee for customer relations and recently we also hired a full time experienced sales person. From July, we are extending the team with an additional engineer to speed up the product development.
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NAUST Robotics ApS
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