4Gen Technology

Early Stage

Towmate - A Training Device for The TOW Missile System

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

Netcapital

Start Date

03/23/2018

Close Date

05/17/2018

Min. Goal

$10,000

Max. Goal

$107,000

Min. Investment

$99

Security Type

Equity - Common

Funding Type

RegCF

Pre-Money Valuation

$1,107,000

Rolling Commitments $

Status
Not Funded
Reporting Date

05/20/2018

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Location

Boston, Massachusetts

Industry

Security, Cybersecurity, & Defense

Tech Sector

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.
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4Gen Technology on Netcapital
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Platform: Netcapital
Security Type: Equity - Common
Valuation: $1,107,000

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