Next Dynamics
Early Stage
Tomorrow’s Defense Technology for Today’s Military
Overview
Year Founded
2003
Industry
Security, Cybersecurity, & Defense
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Next Dynamics, with a valuation of $34 million, is raising funds on Castle Placement. The company is developing defense technology for today’s military using ASAP technology. The advanced small arms projectile (ASAP) technology covers all ground force applications across small and medium NATO calibers and weapons platforms. The patented drag reduction technology of Next Dynamics leads to downrange velocity, accuracy, and penetration that is better than the existing ammunition offerings. Jacob Salk founded Next Dynamics in September 2003. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for manufacturing and testing, sales and marketing, and general and administrative expenses.
Summary Profit and Loss Statement
FY 2021 | FY 2020 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$556,034 |
$952,954 |
Summary Balance Sheet
FY 2021 | FY 2020 | |
---|---|---|
Cash |
$255,192 |
$504,740 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$373,158 |
$777,424 |
Short-Term Debt |
$54,799 |
$44,589 |
Long-Term Debt |
$55,216 |
$47,850 |
Total Liabilities |
$110,015 |
$92,439 |
Financials as of: 03/23/2023
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