4Gen Technology
[Closed for Investment] 4Gen Technology Group is helping solve important military training deficiencies by using their innovative, US patented technology. They’ve created the TOWMATE, which allows soldiers to train and practice using the TOW missile system more frequently and more affordably. The TOWMATE is: “...an in-bore training device for the TOW heavy anti-tank missile. The device is a match-grade bolt action in-bore internally recoiled rifle that fires NATO standard .50 caliber ammunition and/or SLAP-T. It forces TOW gunners to acquire and engage targets on a live-fire range in a manner nearly identical to firing an actual missile. The device is also equipped with an anti-tank weapons effect simulator that replicates the blast and obscuration that occurs when firing a live missile.” As of right now, 4Gen has now known competitors, and they’ve already received serious interest from the US Army, the US Army National Guard, Egyptian Military, and Saudi Arabian Military.
Investment Overview
Raised: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Security, Cybersecurity, & Defense
- Tech Sector
- Location
- Boston, Massachusetts
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
05/17/2018 | Netcapital | $1,107,000 | $0 | Equity - Common | Not Funded | RegCF |