AvaWatz

A Decision Intelligence Robotics Network

AvaWatz

A Decision Intelligence Robotics Network

Addison, TX
Data/Analytics
Electronics
AvaWatz is a decision-intelligence company charting a new frontier in “Cobots” - collaborative air and ground robots. Leveraging AI and advanced knowledge network technologies, our cooperative robotic services are programmed to carry out tasks too dangerous, difficult, or time-consuming for humans. Our initial services target airfields, ground transit, and surveillance missions across private, government, and defense sectors, with a working prototype piloted by the U.S. Air Force.

$360,448

raised
81
Investors
$36M
Valuation
$3.00
Price per Share
$300.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$360,448

raised
81
Investors
$36M
Valuation
$3.00
Price per Share
$300.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into AvaWatz:

$300+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
Tier 1
Receive 1% bonus shares.
$1,000+
Investment
Tier 2
Receive 2% bonus shares.
$2,500+
Investment
Tier 3
Receive 3% bonus shares.
$5,000+
Investment
Tier 4
Receive 7% bonus shares.
$10,000+
Investment
Tier 5
Receive 15% bonus shares + a call with the Founding Team.
$20,000+
Investment
Tier 6
Receive 25% bonus shares + a call with the Founding Team.

Reasons to Invest

AvaWatz is an early entrant in the rapidly growing global Robot as a Service (RaaS) market, valued at $12.6B in 2020 and projected to reach $41B by 2028 with a CAGR of 15.9%.*
The AvaWatz platform is fully prototyped and has undergone R&D with both the U.S. Air Force and Department of Homeland Security, generating over $2 million in R&D revenue in just 2.5 years.
The underlying architecture of our robotics technology is easily scalable and can be extended to many other applications, both government and civilian.

*Market statistic provided by GlobeNewswire (source)

A Real-Time Decision-Making "Cobot" Network

Using AI technology, AvaWatz coordinates autonomous air and ground robotic teams to collaboratively carry out tasks that are tedious, repetitive, and unsafe for humans to perform. Whereas existing commercial robots are created to perform single, independent functions, the AvaWatz platform was designed to power an extensive decision-intelligence network of "Cobots" - our collaborative robots - to tackle more complex, multi-step assignments requiring detection, response, and real-time decision-making.


Our first application utilizes camera and other sensors on airborne drones to detect hazardous debris on runways. Once located, the drones will transmit coordinates to a ground crew (and in future service packages, ground-based robots) that will then locate and retrieve the debris.


*Drones shown in video are pre-market prototypes and not currently available on the market.


The potential of our "Cobot" as a Service (CaaS) platform extends far beyond airfields, presenting enormous opportunities across various industrial sectors, such as ground transit and surveillance.

The Problem


Humans Are Still Performing Far Too Many Tedious, High-risk Tasks

Many of today’s industries continue to delegate tedious, time-sensitive, and high-stress responsibilities to humans. Yet in these error-prone environments, mistakes carry significant safety and financial implications.


A prime example is the work of airport and airfield regulators, who must physically inspect runways multiple times each day to identify and remove hazards or debris. These tire fragments, metal shards, and other foreign objects could result in a catastrophic accident if missed.


(source)


With lives potentially at stake and billions lost annually (source), it is apparent that this type of task needs to be automated. Unfortunately, many of today’s robotics are limited to the single, focused task they were optimized for, such as transporting materials or constructing machinery. The world is in need of a new system to execute more nuanced, complex tasks safely and efficiently.

The Solution


A Robotic Collaborative Powered by AI

Our teams of purpose-built air and ground Cobots execute complex tasks in challenging environments through real-time collaboration. AvaWatz software is preinstalled for the specific tasks required. These foundational functions include team navigation, computer vision, information sharing, and group decision-making.


While our pilot prototype detects and retrieves hazardous debris from airport runways and taxiways, our AI platform can be applied to an expansive spectrum of tasks across various industries.



AvaWatz will operate through a recurring revenue subscription model, structured in one- to three-year contracts with tiered support. Operator training, support, and system updates are part of the delivery model for both our RaaS and SaaS services.


Yet, collaboration is not only at the core of our product - it’s also a core value of our company. Giving back to the community is a high priority for AvaWatz, which is why we donate a portion of our revenue to assist with debris pick-up on coastlines.

The Market


Advanced Technologies, Accelerated Market Trends

AvaWatz is an innovative new entrant in the global Robot as a Service (RaaS) market, which was valued at $12.6B in 2020 and is projected to reach $41B by 2028 (source). Our initial target market includes smart airports, ground transit assets, and surveillance. The smart airports market and global ground transit market are expected to reach $25B and $634B by 2025 (sourcesource), while the video surveillance market is projected to hit $21B by 2026 (source).


In each of these markets, we’re seeing rapid adoption of advanced technologies such as autonomous mobile robots, artificial intelligence, and cloud computing, a trend that has only been accelerated by the COVID-19 pandemic (source).

(source / source / source)


Our focus on building teams of unmanned robotic vehicles rather than standalone machines sets us apart from others in the space. Unlike companies such as Locus Robots and Badger Technologies, AvaWatz’s AI platform will allow for collaboration between multiple robots, each outfitted with individualized and complementary capabilities. We consider drone and ground robot manufacturers such as Skydio and Boston Dynamics as potential partners rather than competitors, presenting opportunities to advance the field as a whole.

Our Traction


Prototyped and Ready for Commercial Applications

Our AI platform is now fully prototyped and has been pilot-tested in an operational environment. We’ve had two phases of prototypes released to the U.S. Air Force over the last two years, including our surveillance versions, which were also contracted out to the Department of Homeland Security. 


Our ongoing product R&D with the U.S. Air Force provides us with the credibility and confidence to approach further customers, while outfitting us with a clear understanding of operational requirements.


*Drones shown in video are pre-market prototypes and not currently available on the market.


From here, we’re targeting regional and private airports in the US starting in summer 2022 as we continue to develop enhanced computer vision and decision-action sharing between networked Cobots.

Why Invest


Advancing the Frontier in Team-based Mobile Robotics

AvaWatz is working to build a future where teams of Cobots will collaborate the same way humans do. Our novel solution targets an unserved market, advancing the frontier in mobile robotics to open up a new world of opportunities.


Join us as we explore this high-impact area of technology and assist in developing the next era of robotics.


Offering Summary


Company

:

AvaWatz Company

Corporate Address

:

14681 Midway Rd, Ste 200, Addison, TX 75001

Offering Minimum

:

$9,999.00

Offering Maximum

:

$1,069,998.00

Minimum Investment Amount

(per investor)

:

$300.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

3,333

Maximum Number of Shares Offered

:

356,666

Price per Share

:

$3.00

Pre-Money Valuation

:

$36,000,000.00











*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Company Perks*

Time-Based:

Friends and Family Early Birds

Invest within the first week and receive 20% bonus shares.

Super Early Bird Bonus

Invest within the first two weeks and receive 15% bonus shares.

Early Bird Bonus

Invest within the first three weeks and receive 10% bonus shares.

Amount-Based:

$500+ | Tier 1

Receive 1% bonus shares.

$1,000+ | Tier 2

Receive 2% bonus shares.

$2,500+ | Tier 3

Receive 3% bonus shares.

$5,000+ | Tier 4

Receive 7% bonus shares.

$10,000+ | Tier 5

Receive 15% bonus shares + a call with the Founding Team.

$20,000+ | Tier 6

Receive 25% bonus shares + a call with the Founding Team.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

AvaWatz Company will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $3.00 / share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 shares for $300. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Offering Disclosure

Narendra Jana, daughter of the Company’s Co-founder, has invested $5,001.00 in the Company’s current Reg CF offering.

Samyukta Jana, the son of the Company’s Co-founder, has invested $20,001.00 in the Company’s current Reg CF offering.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Salary payments made to one’s self, a friend or relative.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$445,690.00 USD
$424,563.00 USD
Cash And Cash Equivalents
$292,359.00 USD
$329,509.00 USD
Accounts Receivable
$75,000.00 USD
$0.00 USD
Short Term Debt
$273,810.00 USD
$285,228.00 USD
Long Term Debt
$4,189.00 USD
$25,376.00 USD
Revenues And Sales
$757,681.00 USD
$814,309.00 USD
Costs Of Goods Sold
$416,855.00 USD
$371,559.00 USD
Taxes Paid
$8,000.00 USD
$0.00 USD
Net Income
$53,726.00 USD
$31,897.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

AvaWatz Growth strategy and Investor Fireside Chat Webinar! 5 Days Left to Register.

3 days ago



Hello AvaWatz Community, 👋


Avawatz will be hosting a “Growth Strategy and Investor Fireside Chat” with Neal Wadhwani. Neal has an extensive background in fortune 500 companies. He has recently joined our advisory board for sales and marketing!


Five days left to register for May 23rd at 3:00 PM Pacific Time (US & Canada), where we will be answering all your burning questions about AvaWatz! 


We look forward to discussing everything related to AvaWatz and answering all your burning investment questions! 


You can register here.

AvaWatz uses AI technology to orchestrate autonomous air and ground robotic teams to carry out jobs that are boring, repetitive, and dangerous for people to undertake. The AvaWatz platform was intended to power a large decision-intelligence network of "Cobots" - our collaborative robots - to take on increasingly difficult, multi-step assignments involving detection, response, and real-time decision-making. 


Visit our equity crowdfunding raise page on StartEngine to invest in the future of AI robotics!


Warmly,

Rajini Anachi

Founder and CEO

1 Day Left to Register for the AvaWatz Executive Team Webinar!

18 days ago


Hello AvaWatz Community!


This is your LAST CHANCE to register for May 5th at 2:00 PM Pacific Time (US & Canada), where we will be answering all your burning questions about AvaWatz! 


We look forward to discussing everything related to AvaWatz and answering all your burning investment questions! 


You can register here.


We encourage everyone to spread the word to their network about investing and joining this exclusive online event!



Warmly,

Rajini Anachi

Founder and CEO

One Week Left to Register for the AvaWatz Executive Team Webinar!

24 days ago


Hello AvaWatz Community, 👋


Our executive team will be hosting an exclusive investor Q&A webinar on May 5th at 2:00 PM Pacific Time. There is only one week left before we go live!


We look forward to discussing everything related to AvaWatz and answering all your burning investment questions! 


You can register here.


We encourage everyone to spread the word to their network about investing and joining this exclusive online event!

 


Warmly,

Rajini Anachi

Founder and CEO

Notice of Material Change in Offering

26 days ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the AvaWatz offering. Here's an excerpt describing the specifics of the change:


Campaign is extending their end date by 60 days and updating with 2020/2021 financials


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

AvaWatz Executive Team Webinar!

28 days ago


In two weeks, on May 5th at 2:00 PM Pacific Time (US & Canada), we will be answering all your burning questions about AvaWatz! 


We look forward to discussing everything related to AvaWatz and answering all your burning investment questions! 


You can register here.


We encourage everyone to spread the word to their network about investing and joining this exclusive online event!

 

Warmly,

Rajini Anachi


AvaWatz Executive Team Webinar! 1 Week Left to Register

about 1 month ago



Hello AvaWatz Community, 👋


Our executive team will be hosting an exclusive investor Q&A webinar on April 21, 2022, at 02:00 PM Pacific Time. There is only one week left before we go live!


We look forward to discussing everything related to AvaWatz and answering all your burning investment questions! 


You can register here.


We encourage everyone to spread the word to their network about investing and joining this exclusive online event!



Warmly,

Rajini Anachi

Founder and CEO

Rajini@avawatz.com

AvaWatz Executive Team Webinar!

about 1 month ago



Hello AvaWatz Community,


Our executive team will be hosting an exclusive investor Q&A webinar on April 21, 2022, at 02:00 PM Pacific Time. There are less than two weeks left before we go live!


We look forward to discussing everything related to AvaWatz and answering all your burning investment questions! 


You can register here.


We encourage everyone to spread the word to their network about investing and joining this exclusive online event!

 

Warmly,

Rajini Anachi

Advancing the Frontier in Team-based Mobile Robotics

about 2 months ago



Hello AvaWatz Community!


AvaWatz is working to create a future in which teams of Cobots work together. Our innovative solution aims to open up a new world of possibilities in mobile robotics by focusing on an underserved market.


Our air and ground Cobots work together in real-time to complete complex tasks in challenging environments. For the specific tasks at hand, AvaWatz software is already installed. Team navigation, computer vision, information sharing, and group decision-making are among these foundational capabilities.



How Are Cobots Being Utilized?


Our AI system has now been thoroughly prototyped and is ready for operational pilot testing. Prototypes for the US Air Force and Homeland Security have been released over the past two years, including our surveillance versions, which are being used by both agencies.




We have the credibility and confidence to approach new customers because of our ongoing product R&D with the U.S. Air Force, and we also have a clear understanding of operational requirements.



Join The AvaWatz Investor Community!


Now that you know more about what we have to offer, you can be a part of a major investment opportunity!




Warmly,

Rajini Anachi

Founder and CEO

Rajini@avawatz.com

The Cobot in Action

about 2 months ago



Hello AvaWatz Community!


Many humans today work in professions that delegate laborious, time-sensitive, and high-stress tasks. What if we had the solution to remove humans from error-prone environments? 


At Ava Watz, we've created "Cobots' ', our collaborative robots that are programmed using AI technology. We want to share with our community how our “Cobot” AI systems work!


Read our blog to learn more!


Be sure to spread the word to your friends, family, and network about our investment opportunity.


Warmly,

Rajini Anachi

Founder and CEO

Rajini@avawatz.com

Top Three Reasons to Invest.

2 months ago




Hello, I'm Rajini Anachi, CEO of AvaWatz! 


Our mission is to provide an extensive decision-intelligence network of "Cobots". Our collaborative robots tackle complex, multi-step assignments requiring detection, response, and real-time decision-making.


I would like to highlight the top reasons to consider investing in AvaWatz on StartEngine!


Early Entrants in Rapidly Growing Market


We'd like to consider ourselves ahead of the game as early entrants in the rapidly growing global robot as a service (RaaS) market. AvaWatz offers promising future potential in a market valued at $12.6B in 2020 with projections to reach $41B by 2028! (CAGR of 15.9%).

 

Our initial target market includes smart airports, ground transit assets, and surveillance. The smart airports and global ground transit market display impressive projections. There is an anticipation of $25B and $634B by 2025 with the video surveillance market projecting $21B by 2026. 

These markets are beneficial to AvaWatz because of the rapid adoption of advanced technologies. (Autonomous mobile robots, artificial intelligence, and cloud computing). These trends have only been accelerated by the COVID-19 pandemic.


Prototyped for Commercial Applications


Our prototyped platform has undergone R&D with the U.S. Air Force and Department of Homeland Security. This has generated over $2 million in R&D revenue in 2.5 years. 



Additionally, the prototyped platform has also been pilot-tested in an operational environment! There were two phases of prototypes released to the U.S. Air Force over the last two years. This includes our surveillance versions, contracted out to the Department of Homeland Security. 


Our ongoing product R&D with the U.S. Air Force provides us with the credibility and confidence to approach further customers. Furthermore, outfitting us with a clear understanding of operational requirements.



Easily Scalable Architecture


The underlying architecture of our robotics technology is easily scalable. It can be extended to many other applications, both government and civilian.


Invest in AvaWatz on StartEngine Today!


The AvaWatz team is working to build a future where teams of Cobots will collaborate the same way humans do. Now that you know a little more about our background we hope you will consider joining our investor community of early shareholders!


Warmly,

Rajini Anachi

Founder and CEO

Rajini@avawatz.com


AvaWatz wins US Army contract

2 months ago

AvaWatz is pleased to announce that it has been awarded a contract from the US Army to develop a software architecture for collaborative teaming between Unmanned Ground Vehicles and Unmanned Aerial Vehicles. The architecture enables the teams to perform complex long-duration exploration and surveillance missions in a wide variety of challenging operating environments. This project extends AvaWatz’s existing capabilities in Collaborative Mobile Robotics, and the resulting system will power diverse applications for tasks such as large-scale infrastructure monitoring, perimeter security, geological survey and exploration, and emergency response and disaster recovery.

Show More Updates End of Updates

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Please sign in to post a comment.
Please use Updates for communications.
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}