Coronado Times
DAX the Robot Comes to Coronado (video)
Get rewarded for investing more into Daxbot:
Overview
Dax is an AI Service Robot that was designed to help people with their daily lives, starting with delivery. We want to see interactive AI robots like Dax in every town across America.
We have designed Dax to be both functional and personable.
With this high and ever-increasing demand coupled with expanding labor shortages; the need for multiplying human effort through robotic delivery has come to the forefront.
Our Solution
Dax robots are overseen by quality control operators: The more autonomously Dax can operate the higher the bot to operator ratio can go. We’re working to achieve 10:1 autonomy by the end of 2022
In the GIF above you can see autonomous driving from Dax's POV: the arrows indicate the status of the path that Dax is driving, with yellow meaning “caution required" and the green meaning "safe".
*AVG 30 MIN/DELIVERY | $16.51/hr Delivery Driver Wage
**BASED ON 10:1 AUTONOMY | AVG 45 MIN/DELIVERY | $16.51/HR OPERATOR WAGE
Business Model
We have engaged with clients through two initial revenue streams:
Robot as a Service (RaaS) Subscription
Businesses rent our delivery service from us at an average of $2,000 a month per robot.
Event Marketing
Marketing and event agencies can have Dax be part of their client experience for $3,000 a day per robot.
Our Traction
Experience and Expertise
Jason Richards came onto the Daxbot team in 2021 to help with the growth and commercialization effort to introduce Dax to the world.
Along with their team of experts in engineering, robotics and manufacturing Jason and Joseph are ready to take Dax to the next level.
Daxbot has a bold vision for the future: We want to create a spark that puts AI Service Robots in every town in the United States. And we need your help to make that vision come true.
DAX the Robot Comes to Coronado (video)
Coronado Restaurants Welcome “Dax” To Deliver Orders To Residents
Dax Delivers
Philomath's self-driving robot, Dax, provides free contactless delivery during pandemic
MEET DAX, PHILOMATH’S DELIVERY ROBOT
Nova Dynamics robot doing deliveries around Philomath
Company | : | Daxbot Inc. |
Corporate Address | : | 517 N 19th St, Philomath, OR 97370 |
Offering Minimum | : | $9,997.11 |
Offering Maximum | : | $1,069,995.87 |
Minimum Investment Amount(per investor) | : | $169.50 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 2,949 |
Maximum Number of Shares Offered | : | 315,633 |
Price per Share | : | $3.39 |
Pre-Money Valuation | : | $37,320,510.00 |
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.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based
Friends and Family Early Birds
Invest within the first 48 hours and receive additional 10% bonus shares.
Super Early Bird Bonus
Invest within the first 7 days and receive additional 7% bonus shares.
Early Bird Bonus
Invest within the first 14 days and receive an additional 5% bonus shares.
Amount-Based
$339+ | Hydrogen Class
Invest $339 and receive a Daxbot Keychain.
$1,000+ | Helium Class
Invest $1,000 and receive 3% bonus shares and a Dax T-Shirt.
$5,000+ | Lithium Class
Invest $5,000 and receive 5% bonus shares, and a Dax T-Shirt or 3D Dax Miniature.
$10,000+ | Beryllium Class
Invest $10,000 and receive 7% bonus shares, and a Dax T-Shirt, 3D Dax Miniature, or Dax Plushie.
$50,000+ | Boron Class
Invest $50,000 and receive 10% bonus shares and Dax will come do a delivery to your doorstep (anywhere in the continental USA).
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Daxbot Inc. 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 $3.39 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $339. 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 canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Insider Investment Notice
Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.
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.
Our live delivery tracking feature is coming out of its beta testing stage! This feature gives customers a link with a live feed to track the progress of their delivery (seen below on the right). Before this feature was only available in Philomath. With Dax Auth coming online, it is now available for use in any Dax deployment!
Dax's refrigerator drawer is coming to the end of its prototyping stage: this refrigerator drawer can be interchanged with Dax's standard insulated drawer, making Dax a more versatile robot.
One of our longer term business goals is to optimize Dax for indoor applications like hospitals, and a refrigerated drawer is something that hospitals have told us they want in a delivery robot: Transportation of items like medicine can require specific temperatures and time logs, and Dax can provide both of those.
The refrigerator drawer has a ΔT of 35 C°, which means in layman's terms that it an keep something frozen while operating indoors in regular room temperatures, or keep an item chilled on a hot Arizona day.
Daxbot Timeline:
Refrigerator Drawer CAD Design Drawing:
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Daxbot has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Daxbot be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
With the internal release of Dax Auth we will be bringing our delivery APIs into our deployment ecosystems, creating a seamlessly way to integrate with new delivery partners.
As with most Dax Auth improvements this update is targeted toward efficiency and providing our engineers, operators, and customers with simple end-to-end solutions for managing our systems and completing deliveries. This new tool also includes a more secure data encryption.
Benefits:
We ran a Philomath delivery amp up stress test yesterday in the form of a game of capture the flag. It involved the majority of our local robots all out and about at once-- Philomath was filled with robots wearing green and orange hats, and people participated by giving bots candy to increase their team score.
It was a good game, and served as part of our preparation to scale delivery in Philomath and create an end-to-end robotic city delivery model. And the green team won.
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Daxbot offering. Here's an excerpt describing the specifics of the change:
Campaign is extending by 60 days and updating 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.
We're gearing up for scaling delivery in Philomath, OR in May! We are currently working with two restaurants in our hometown, and our long term goal for this area is to add most Philomath businesses that make sense with delivery: In this way we can prove a city-delivery model that is an expansion on the current college-campus model which is what we usually think of when we think of delivery robots.
As we scale in Philomath we stress-test to prepare for delivery on the campuses we are pursuing, and also prepare for the next step.
After adding some of the campus partners we've been pursuing and solidifying our delivery basics, our next goal is to add resort and hospital delivery: scaling in Philomath with the general populace stress-tests our system for large delivery loads and puts us in a better place to move into future delivery markets as well.
Our first step is to stress-test our Bots in Philomath to stretch our autonomy capabilities (how many robots can be overseen by one human crew-commander) and system functionality, and this is going to be played out in the form of an epic capture-the-flag game! This game takes place on the sidewalks of Philomath this Friday the 29th at 3pm PST. The game will be live-streamed from the point-of-view of several of the robots on both teams to our FB page and YouTube channels.
We hope you tune in to our stress-test this Friday, and pick a team to cheer for! We'll be keeping track of a boatload of bots.
DaxOS 3.8.0 was internally released this week! This update adjusts the internal heat limits for the motors that control Dax’s head pitch, as well as synchronizing these motors more precisely than before.
If the pitch motors are even slightly out of sync they pull against each other, causing extra stress which can cause them to overheat on hot days. This tighter synchronization of the pitch motors, along with the adjustment to their internal limits, allows Dax to operate in higher temperatures for longer.
This update works towards our goals by making Dax useful in a broader range of climates. This is important as Dax robots carry out more deliveries in climates that are less mild than their home state of Oregon!
Benefits:
40%+ Increase in Dax’s Overall Heat Tolerance
Dax is geared up for hot summer deliveries!
Dax Auth is a new singleton server stack that acts as a centralized database for bot and deployment administration which allows bots to be seamlessly moved between deployment servers at the same time as connecting them with their designated crew regardless of location: It's a master system that allows us to scale smoothly and creates a simple workflow for our crew commanders.
Dax Auth allows us to easily separation concerns: In particular, we can separate the idea of deployments (a group of robots in one location) and crews (a group of robots under one crew commander).
This allows these groups to be handled separately and automatically regardless of overlap: Rather than a crew commander needing to keep track of the geographical regions (deployments) of each robot that they control (crew), Dax Auth will track that information automatically, freeing up crew commanders to focus solely on their crew of bots.
Simply put, Dax Auth is a clever system that does a lot of administrative work for us, and allows us to scale more proficiently.
Dax Auth is currently exiting its testing phase and we expect to put it to work by the end of the month.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Daxbot has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Daxbot be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}