esc Aerospace US

Early Stage

Position and Time Without GPS

Analytics

Raised to Date: Raised: $5,000

Aggregate Commitments $

Platform

Silicon Prairie Online

Start Date

04/29/2022

Close Date

10/25/2022

Min. Goal

$600,000

Max. Goal

$1,000,000

Min. Investment

$1,000

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

Uncapped

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

05/26/2022

Days Remaining

152

% of Min. Goal

1%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$185

Momentum
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Location

Orlando, Florida

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

esc Aerospace US is testing the waters on Silicon Prairie Online. The company has developed a solution that provides positioning, navigation, and timing (PNT) when GPS cannot. The solution, escPNT, is focused on multiple sensor and technology integration, use of signals opportunity, a software-defined radio, and a chip-scale ultra low power timing circuit. esc Aerospace US is already working for government agencies and has successfully delivered prototype systems to the Air Force and Army. Lars Weimer founded esc Aerospace US in June 2018. The current crowdfunding campaign has a minimum target of $600,000 and a maximum target of $1,000,000. The campaign proceeds will be used to grow the engineering team, provide additional sales support, and accelerate product development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$592,711

$767,502

COGS

$352,263

$542,184

Tax

$0

$0

 

 

Net Income

$-32,436

$63,964

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$75,274

$0

Accounts Receivable

$193,374

$137,503

Total Assets

$270,239

$168,228

Short-Term Debt

$227,705

$94,005

Long-Term Debt

$0

$0

Total Liabilities

$227,705

$94,005

Financials as of: 04/29/2022
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esc Aerospace US on Silicon Prairie Online 2022
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Platform: Silicon Prairie Online
Security Type: SAFE

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