Avawatz offering is now closed and is no longer accepting investments.
INVEST IN AVAWATZ TODAY!
Transforming Robots into Cooperative Teams with AI
$321,840.40 Raised
REASONS TO INVEST
AvaWatz has early market adoption in the rapidly growing Collaborative Robotic market, that is predicted to reach almost $2 trillion by 2030* with a CAGR of 12.3% from 2021-2030.
Avawatz previously raised over $800K through StartEngine. That support and our $2M Department Of Defense contract helped us prototype V3 of our beta product, which has been deployed for use with the US Air Force and is under pilot testing at 4 regional airports.
Demand for robotic labor grew 22% in 2022.* We’re positioned to help companies meet, and exceed, new and growing demands with cooperative cobot teams.
*Market statistic provided by GlobeNewswire (source)
SINCE OUR LAST RAISE WE'VE...
We Make Robots Cooperate | Here’s Why
AvaWatz’s platform makes autonomous air and ground robotic teams coordinate to help companies do more, faster, and more affordably without compromising quality and safety. More simply put, we get robots to work together. Working together, cobots shoulder the burden of tedious, repetitive, and unsafe tasks. AvaWatz’s platform transforms groups of machines into decision-intelligence teams of "Cobots." Our platform enables robots to handle complex, multi-step assignments with ease.
Avawatz’s first market vertical is in the airfield space. There, our platform uses camera and airborne sensors on drones to identify potential debris hazards for removal. The drones’ sensors identify potential hazards, then transmit the coordinates to the ground crew ( future service packages will include ground-based retrieval robots) that quickly locate and remove the debris-providing a significant increase in speed. Here’s how.
AvaWatz’s first market vertical is in the airfield operations space. Our platform uses the drone's internal airborne sensors and camera to identify potential debris hazards for removal. The drones’ then transmit the coordinates to the ground crew (future service packages will include ground-based retrieval robots) that quickly locate and remove the debris-providing a significant increase in speed. Here’s how.
Currently it takes a ground crew up to two hours, on average, to detect and remove airfield debris. We are continuously working on reducing the total time to clear a runway to 15-20 minutes with cobot teams - allowing airfields to schedule more landings resulting in increased profits.
*Drones shown in video are pre-market prototypes and not currently available on the market.
"Robot" as a Service (RaaS) is a platform with broad applications. Airfields are one of many opportunities across industrial sectors. Our next steps involve integration and adoptions in the ground transit and surveillance markets.
THE PROBLEM
Companies Face Growing Demands For Productivity | Cobots Can Help
Demands for productivity, output, and fully booked schedules are growing. Customers expect products to arrive faster. Meeting this demand means delegating repetitive, time-sensitive, and high-stress responsibilities to already overwhelmed workers. This is where Avawatz can help. Our platform shifts challenges from overworked laborers to non-tiring teams of cobots. Cobot teams alleviate danger in error-prone environments, lower significant safety challenges for work sites, and increase profits.
Our results can be seen on display in airports and with airfield regulators. The airfield space requires consistent and daily inspections of runways. They need to identify hazards or debris for swift removal. Debris includes tire fragments, metal shards, and all foreign objects could result in a catastrophic accident if missed.
(source)
With loss of life at stake (source), it’s clear these tasks need automation. Today’s robotics can’t meet these demands. They are limited to single, focused tasks they were built for. Our platform lets robots perform complex and nuanced tasks, safely and efficiently. Here’s how...
The Solution
Cobots Solve Complex Problems Through Teamwork
‘Talent wins games. But teamwork wins championships.’
-Michael Jordan
The AvaWatz platform helps air and ground robots work together. Our platform creates cobot teams who can execute complex tasks, in challenging environments, through real-time collaboration. Our software, preinstalled for the specific mission, implements a Detect-Decide-Act cycle to resolve challenges accurately. We do this by integrating 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’s business model is simple. We use a recurring revenue subscription model. Our offer is structured for one- to three-year contracts. Contracts include levels of tiered support so customers can find the right fit for their need accelerating adoption. To ensure ease of onboarding we’ve included operator training, support, and system updates for all our services.
Collaboration is our core product and core company value. Investing in our community is key for AvaWatz. That’s why a portion of our revenue is donated to support efforts for debris pick-up along our coastlines.
The Market
We Plan To Help Companies Meet The $634 Billion Demand For Solutions Coming By 2026
AvaWatz is a early adapter to this need positioning them in the rapidly growing Collaborative Robotics market, that is predicted to reach almost $2 trillion by 2030* with a CAGR of 12.3% from 2021-2030 (source). Early market demand for smart airports, ground transit assets, and surveillance total $634 Billion by 2026 (source, source).
The growing spend for robotic teams shows a demand for autonomous mobile robots, artificial intelligence, and cloud computing. This growth in demand is our opportunity as adoption and application was accelerated by the pandemic (source).
AvaWatz has a unique advantage for early market adoption that traditional competitors don’t. Our advantage? We make hardware developers’ robots better. We make robots into cooperative teams through software, something hardware suppliers don’t do. Our platform will make traditional competition into raving advocates. The reason why?
AvaWatz’s platform allows robotics producers to provide more value to their customers without increasing production costs. Our focus on driving collaboration between multiple robots. We add value to companies producing robots by increasing customer retention, satisfaction, and in-industry referrals. This applies to all robotic manufacturers from drones, autonomous vehicles, assembly line solutions, and more.
Our Traction
We Are Market Ready | Prototyped & Commercial Application Approved
The AvaWatz platform is fully prototyped and pilot-tested for operational environments. IE-we are ready for launch. There were three phases of prototypes released to the U.S. Air Force over the last two and half years. These prototypes include surveillance versions which were also contracted out to the Department of Homeland Security (DHS). In 2022 we began to work on the early versions for the combined air and ground robotic vehicles. These prototypes were released to the US Army.
Our ongoing product R&D with our U.S. Air Force, Army and DHS establishes our credibility for meeting our customers' needs. It also helps customers confidently and quickly adopt our platform. Our DoD contracts also prepared us to meet unique and challenging operational requirements companies need when using our solution.
*Drones shown in video are pre-market prototypes and not currently available on the market.
Our next step? Onboarding customers in the Flightline Operations space into our sales pipeline. Starting 2023 we are implementing marketing campaigns for integrating and acquiring customers in this space. We’re combining outreach, targeted placement, voice of customer research, and sales best practices to identify accelerated sales opportunities for quick market adoption.
WHY INVEST
Invest In The Future Of Robotics, Today
AvaWatz believes in a world where robots collaborate like humans to help companies increase productivity and profits while increasing on site safety. Our unique solution serves an unmet demand in the market, has solution validation with $13M in the sales pipeline, and DoD contracts. Our team is building the future of growth today. Join our team as we create connected ‘Cobot’ teams to meet the world’s demand today, using the next era of robotics.
ABOUT
HEADQUARTERS
14681 Midway Rd, Ste 200
Addison, TX 75001
WEBSITE
View Site
AvaWatz uses decision intelligence to make robots collaborate. Our platform transforms robots into teams of ‘cobots’ that help companies get more done, faster, without compromising quality or safety. Our cobot solution helps companies track dangerous debris on airfields, accelerate manufacturing output, track land management in challenging terrain, support conservation tracking, and more. We currently serve target airfields, ground transit, and surveillance missions for private, government, and defense sectors with working prototypes used by the US Air Force and Army.
TEAM
Rajini Anachi
Founder, CEO, and President
Bala Jana
Co-Founder, Vice President, Treasurer, and Secretary
J.R. May
Director of Business Development & Sales
Neal Wadhwani
Sales & Marketing Advisor
Rishabh Iyer
AI Research Advisor
John McKendry
Product Development
Walter Rawle
Sensors, AI & Autonomous Systems SME
TERMS
Avawatz
Overview
PRICE PER SHARE
$4
DEADLINE
Mar 10, 2023
VALUATION
$79M
AMOUNT RAISED
$321,840.40
Breakdown
MIN INVESTMENT
$400
MAX INVESTMENT
$1,000,000
MIN NUMBER OF SHARES OFFERED
2,500
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
1,050,860
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | AvaWatz Company |
Corporate Address | : | 14681 Midway Rd, Ste 200, Addison, TX 75001 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $4,203,440.00 |
Minimum Investment Amount(per investor) | : | $400.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 2,500 |
Maximum Number of Shares Offered | : | 1,050,860 |
Price per Share | : | $4.00 |
Pre-Money Valuation | : | $79,001,212.00 |
*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.
Investment Incentives & Bonuses*
Loyalty Bonus: Previous investors of AvaWatz will receive additional 10% bonus shares.
Time-Based:
Friends and Family Super Early Birds
Invest within the first 2 weeks and receive 20% bonus shares.
Friends and Family Early Birds
Invest within the first 4 weeks and receive 18% bonus shares.
Ultra Early Bird Bonus
Invest within the first 6 weeks and receive 16% bonus shares.
Super Early Bird Bonus
Invest within the first 8 weeks and receive 14% bonus shares.
Platinum Bonus
Invest within the first 10 weeks and receive 12% bonus shares.
Gold Bonus
Invest within the first 12 weeks and receive 10% bonus shares.
Amount-Based:
$1,000+ | Tier 1
Receive 2% bonus shares.
$5,000+ | Tier 2
Receive 10% bonus shares.
$10,000+ | Tier 3
Receive 15% bonus shares.
$20,000+ | Tier 4
Receive 20% bonus shares + a call with the Founding Team.
$25,000+ | Tier 5
Receive 25% bonus shares + a call with Founding Team
$50,000+ | Tier 6
Receive 30% bonus shares + a call with Founding Team
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 $4.00 / share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 shares for $400. 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 receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and the Loyalty Bonus in addition to the aforementioned bonus.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
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.
ALL UPDATES
03.09.23
Few Hours left to Invest in AvaWatz
Today is your last chance to invest in AvaWatz’s current offering before the close in few hours at midnight PST. See our reasons to invest below and join our growing investor community!:
- AvaWatz’s platform is designed to connect any kind of robot team seamlessly.
- We already have contracts with the U.S. Air Force and are in the process of testing with four regional airports — which means our product isn’t just an idea — it’s real!
- Our universally applicable solution can be used for endless industries, including defense, airfields, airports, ground transportation, utilities, critical infastucture, and even endangered species monitoring.
- AvaWatz is an early adopter in the rapidly growing collaborative robot market, which is predicted to reach almost $2 trillion by 2030 with a CAGR of 12.3% from 2021-2030.
03.08.23
Final day to invest in AvaWatz’s current offering.
Thank you for all of your support so far! We have nearly reached our offering close date and there is only One Day left to invest.
03.07.23
AvaWatzs campaign is closing in 3 days.
Thank you for investing in AvaWatz! We are so excited to see last few day's response. We hope to keep this momentum going and encourage you to consider investing before our campaign closes on March 9, 2023
03.04.23
AvaWatzs current offering is closing soon.
Our StartEngine campaign is closing soon.
Thank you to all of the investors who have already invested in our company! If you haven’t yet invested or want to increase your investment, you can do so until March 9, 2023!
03.03.23
REASONS TO INVEST?
AvaWatz's unique investment opportunity is closing soon! Here are the benefits of investing in the future of robotics:
- AvaWatz’s platform is designed to connect any kind of robot team seamlessly.
- We already have contracts with the U.S. Air Force and are in the process of testing with four regional airports — which means our product isn’t just an idea — it’s real!
- Our universally applicable solution can be used for endless industries, including defense, airfields, airports, ground transportation, utilities, critical infastucture, and even endangered species monitoring.
- AvaWatz is an early adopter in the rapidly growing collaborative robot market, which is predicted to reach almost $2 trillion by 2030 with a CAGR of 12.3% from 2021-2030.
Invest Now!! CLOSING SOON!
03.03.23
Another Article featuring AvaWatz on Benzinga!
Collaborative Robots Startup Using Teams Of AI-Powered Drones To Make Flying Safer
AvaWatz’s goal is to solve multiple problems with its platform of robots, drones, computer vision and other integrated solutions. The company’s initial market focus is the foreign object debris (FOD) problem at airports. A multibillion-dollar issue, FOD are items such as ID badges, trash, tools, chunks of pavement, bolts and screws, rocks and other objects on an airport runway. If these objects remain during takeoffs and landings, they can damage fan blades, cause engine failures, puncture tires or cause wing damage.
Invest Now!! Closing Soon!!
03.01.23
AvaWatz Celebrates Women's History Month!!
Avawatz Pays Tribute To All Women Scientists Who Changed Our World!
I'm indebted to all the women scientists thought the history of mankind from Émilie du Châtelet, Marie Curie, Rosalind Franklin, Elizabeth Blackwell, Juliana Rotich, Tiera Guinn, Jane Goodall, Jennifer Doudna, Katherine Freese, Rachel Carson, Barbara McClintock, Rita Levi-Montalcini, Gertrude Elion, Gladys West, Tu Youyou, Chien-Shiung Wu, Dr. Hayat Sindi, Segenet Kelemu, Maryam Mirzakhani, Katherine Johnson to Dr. Cynthia Breazeal, and many many more who paved the path for me and who continue to inspire me everyday!
- Dr. Rajini Anachi
CEO | Avawatz
02.27.23
Sales Pipeline Continues to Rise!
Our Sales Pipeline Continues to Rise and has now reached $13Million!!
Invest in the Future! Invest Now!! Closing Soon!!!
02.24.23
AvaWtz is amongst 30 Robotics Startups to Watch
AvaWatz is amongst eWeek's 30 Robotics Startups to Watch
Robotics doesn’t get the attention and hype that artificial intelligence (AI) gets, which is somewhat ironic, as the two often go hand in hand. For instance, Roomba, one of the best known examples of a robot, is full of AI software to navigate the landscape of a residential home.
According to Statista, the global robotics industry reached a combined value of $43.8 billion in 2021. And according to the Boston Consulting Group, the robotics industry will hit $87 billion by the year 2025. Clearly this is a growth industry with many startups.
As AI has advanced, so has robotics. The robotics devices are adding machine learning (ML) and artificial intelligence along with improved mechanics, navigations skills, advanced sensors, and better dexterity. This growth has expanded their use and rate of adoption.
https://www.eweek.com/enterprise-apps/robotics-startups/
Invest Now! Closing Soon!!
02.23.23
Collaborative Robotic Market to touch $2 Trillion by 2030!
Industries spend billions of dollars each year to ensure worker and customer safety. Yet some of those billions of dollars could be saved by using teams of collaborating robots (cobots) to perform work that endangers human workers. Cobot teams can work in otherwise dangerous operating environments and can perform the tedious tasks necessary to ensure customer safety in commercial spaces, airports, railways and mass transit systems.
https://finance.yahoo.com/news/why-companies-expected-spend-almost-120000559.html
Invest Now!!! Closing Soon!!
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$400
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.
$1,000
Tier 1
Invest $1,000+ and receive 2% bonus shares
$5,000
Tier 2
Invest $5,000+ and receive 10% bonus shares.
$10,000
Tier 3
Invest $10,000+ and receive 15% bonus shares.
$20,000
Tier 4
Invest $20,000+ and receive 20% bonus shares + a call with the Founding Team.
$25,000
Tier 5
Invest $25,000+ and receive 25% bonus shares + a call with Founding Team
$50,000
Tier 6
Invest $50,000+ and receive 30% bonus shares + a call with Founding Team
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
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