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GET A PIECE OF FLASH AI BY FLASH SCIENTIFIC TECHNOLOGY, INC.
AI-powered lightning and severe storm prediction technology to save lives and mitigate damage.
We are an AI-powered weather intelligence company developing life-saving prediction technology to prepare and protect against a vast array of severe weather, now expanded globally.
$561,956.81 Raised
REASONS TO INVEST
We’ve signed a recent deal with Baron Industries and partnered with 1200.aero to bring FLASH to small and medium-sized airports as well as 40% of all news outlets in the US in addition to other exclusive partnerships. These channel partners will allow us to distribute our product to established customer bases.
Across 2020, 2021, and 2022 in the US, there were 60 extreme weather events each costing at least $1 billion. These types of weather losses affect more than 30% of U.S. businesses.* Our Total Lightning Solution that combines software and hardware to predict and protect is an example of how we are solving tomorrow’s climate issues today.
Our technology enables the unique ability to predict the start and end of lightning up to 6 hours in advance with great detail up to 1 hour. We have now expanded this product globally to include India and South America where lighting is most prevalent.
the pitch
Flash Scientific Technology is an AI-powered weather intelligence company developing life-saving prediction technology to prepare and protect against a vast array of severe weather, including lightning, tornadoes, and hurricanes. Our software accurately predicts the start and end of lightning up to six hours in advance—capable of predicting the first strike before any storm has developed and the last strike from an active storm—and our hardware solution protects against damage to critical infrastructure. We’ve raised over $3 million, including a Reg D that brought over $500K in two days, to fund the R&D for our best-in-class product. We’re now focused on establishing channel partners with established customer bases, including Baron Industries and 1200.aero, which will bring FLASH to small and medium-sized airports as well as 40% of all news outlets in the US. We believe we’re currently poised for massive entry and expansion within the U.S. and global markets.
Protecting people and infrastructure through predictive technology
Our cornerstone product, Flash Lightning, incorporates a patented algorithm to predict first and last lightning strikes with extremely high levels of accuracy. Our lightning detection services report when lightning has actually been observed in an area, and our CMCE hardware component protects property and infrastructure by preventing lightning strikes in an area up to 10 acres. Behind our pioneering work is a dedicated team of research meteorologists with a combined 75 years in lightning research and AI applications, as well as industry experts across aviation, insurance, and public safety.
In addition to our proprietary software, FLASH has now partnered in Lightning Prevention to be the sole distributor for the FLASH Total Lightning Bundle. These units have been installed at Great American Ballpark in Cincinnati, BP refineries, saltwater disposal facilities, and the Panama Canal—resulting in no lightning strikes within the zone of protection at any of these facilities. FLASH is now able to address a multitude of sectors from aviation to insurance to public safety. With the globe facing increasingly extreme weather, our technology is ready to predict and protect against an expanding spectrum of weather threats.
The Problem
Lightning and extreme weather are dangerous, costly, and increasingly common
Lightning accounts for thousands of fatalities per year, on top of major economic losses. In the U.S. economy alone, lightning losses cost $6–7 billion per year, affecting 30% percent of US businesses (source); in 2019, more than $900 million in lightning claims were paid out to nearly 77,000 policyholders (source). Some of the most costly areas of impact are aircraft delays, which cost airlines billions (one hour of weather delay costs up to $4,500 per aircraft (source). Recent studies indicate that each time the global temperature rises by 1 degree Celsius, there will be a 12% increase in incidences of lightning (source). Extreme weather events including tornadoes, hurricanes, hail, and wind storms, are growing increasingly common at a global level, with lightning frequency predicted to increase by as much as 50% by 2100 (source).
OUR SOLUTION
Patented AI-powered technology that predicts and prevents
Leveraging machine learning and AI, FLASH has developed a patented, lightning prediction algorithm that can predict lightning with 1 to 6 hoursof lead time, with up to 96.5% accuracy in summer and up to 99.6% accuracy in other seasons. Our software has the capacity to predict the first strike before any storm has developed and the last strike from an active storm; we know where the lightning starts in the clouds within a tenth of a mile, and then can predict the 1 to 3-mile radius where the lightning is expected to strike. We’ve now also added lightning prevention that protects critical infrastructure in up to a 10-acre area.
FLASH operates continuously, providing continental lightning forecasts in less than 500 milliseconds through our API, which we’ve designed to be easily accessible to a variety of customers. Our technology is now ready for distribution, and lightning is only the tip of the iceberg—by drawing upon 30 years of historical data, we’ve trained our software to be applicable to a multitude of industry-specific needs including hail, wind, tornadoes, hurricanes, winter storms, flooding, and frost.
Our sales model will follow a three-track approach, initially targeting the three largest potential sectors: Aviation, Insurance, and Public Safety. In addition to revenue, these initial customers can provide valuable market data that may lead to R&D and implementation of our API services into smartphone, wearable technologies, smart appliances, and other IoT applications.
The Market
Entering into a trillion-dollar global market
Across 2020, 2021, and 2022 in the US, there were 60 extreme weather events each costing at least $1 billion—that’s over $60 billion in just three years. Globally in 2022 there were 29 billion-dollar weather disasters (source). In the U.S. economy, weather sensitive industries account for $3 trillion dollars (source). Due to the realities of climate change and extreme temperatures, these numbers will only continue to rise.
OUR TRACTION
Expanding distribution through channel partnerships
In the U.S. market, we’ve signed recent deals with Baron Industries and 1200.aero to bring FLASH to small and medium-sized airports as well as 40% of all news outlets in the US, the first of many partnerships that will allow us to widely distribute our product to established customer bases. From here, we have now expanded globally, with approved pilot programs for the Peru mining industry, where lightning severely impacts operations, as well as Madhya Pradesh in central India where residents in one of the world’s most lightning-heavy locations saw 47 deaths in one week last year. Moving forward, we’ll partner with a growing number of major corporations to further distribute our life-saving technology.
Why Invest
Essential protection against future storms
Our prediction technology is unlike anything else on the market. We’ve developed essential protection against the destructive power of increasingly severe weather events affecting the globe. With FLASH, we greet tomorrow with greater preparedness and the ability to leverage AI and machine learning to save countless lives. Now with added lightning prevention, utilizing the CMCE hardware, we offer a total lightning solution. Join us as we step into the future.
ABOUT
HEADQUARTERS
505 Blackberry Ln.
CANTON, GA 30115
WEBSITE
View Site
We are an AI-powered weather intelligence company developing life-saving prediction technology to prepare and protect against a vast array of severe weather, now expanded globally.
TEAM
Jason Deese
Founder, CEO, Director
Previously an aviation meteorologist with NetJets Aviation in Columbus, Ohio, giving precision forecasts to high profile clientele
For the last 10 years, Mr. Deese forecasted for the busiest airport in the world, Atlanta Hartsfield, where he saw the potential that a lightning prediction algorithm could bring
Mr. Deese forecasts thunderstorm development at these locations while also researching ways to predict initial lightning formation through analysis of the atmosphere and incorporation of observational data
James Castle
VP of Sales and CFO
Began his career with the United States Air Force as a meteorologist, honorably discharged disabled veteran serving the country for 7 years
Deploying worldwide to support military operations for Air Force, Army, Navy and Marines, plus was the point meteorologist in charge during the Haitian military intervention Uphold Democracy in 1994
Recently retired from NetJets, was the Chief Meteorologist and Dispatch manager spanning over 26 years, instrumental in developing the meteorology and dispatch departments
Will Howard
Lead Software Engineer
A first employee for an industrial manufacturing startup helping to automate and instrument production workflows, and create internal software tooling for production workers
Undertook computational research projects for NASA’s Multi-sensor Improved Sea-Surface Temperature (MISST) project, the Utah Department of Air Quality, and data ingest for the Great Salt Lake Summer Ozone Study
BS in Atmospheric Sciences from the University of Utah, emphasizing studies in mountain meteorology and air quality
Ehud Talmor
Advisor
He began his career in 1995 as a fighter pilot and later, flight instructor
He subsequently took on a variety of supervisory roles, including F-16 deputy squadron commander
In 2007, he joined the Acquisitions Department of the Israeli Ministry of Defense and later held the position of Project Manager for three separate Air Force jet acquisition projects
Dylan Steinkruger
Lead AI and Machine Learning Engineer
Developed the first artificial intelligence system capable of issuing tornado warnings with no “human in the loop”
During his graduate studies, Mr. Steinkruger received multiple awards for his research including the 2020 John C. Wyngaard Graduate Research Award and also served in several capacities including as a lecturer for the American Meteorological Society’s short course on Machine Learning in Python for Environmental Science Problems
Micheal Winston, CFA
Strategic Advisor
After leaving Millennium, Mr. Winston created the Sutton View group of companies, dedicated to forming investment partnerships on behalf of institutional and qualified investors
He has appeared on CNBC, been recognized for excellence in investing by Institutional Investor Magazine and has been quoted in the Wall Street Journal
Chuck Shanklin
Strategic Advisor
Assisted in the family acquisition of Crestview Aerospace, turned the company into a massively successful enterprise, and later managed and facilitated the sale of Crestview Aerospace to L-3 Communications
Ron Sandel
Advisor
Technology business executive with over 20 years experience and has advised early stage startups from inception to IPO and acquisition
Is currently the General Manager of HotelTonight, an Airbnb company, where he manages day-to-day operations with a focus on growth. He previously held executive positions at Yahoo and Chegg, where he led growth and operations from pre-IPO to a publicly traded company
Brenda Paauwe-Navori
Advisor
Founder and former President of GoGo Jet Inflight
Board Member of Jet Token and St. Thomas Yacht Club Foundation
In addition to being on several Advisory Boards, Brenda is an aviation and aerospace veteran having sold business jets valued in aggregate at over a billion dollars
She brings over 20 years of executive experience with global industry leaders including Embraer Aircraft, Inc., Flexjet by Bombardier, Virgin Group and Antilles Genot & Partners
J.B. Bernstein
Advisor
A "Genetically Wired Entrepreneur," Bernstein has helped fund and successfully launch businesses in Packaged Goods, Trading Cards, Digital Content, Sports, TV, Supplements, Building Blocks, and New Tech
As a 35+ year veteran of the sports marketing and packaged goods industries, Mr. Bernstein has been called an “Evolutionary Force Multiplier” in business, and is widely respected for his creative problem solving and positive results
Bernstein’s early work includes positions with Grey Advertising, Procter & Gamble, Upper Deck, and Major League Soccer before starting his own sports agency
Greg Fell
Advisor
Fell is the CEO of Tsū, a social media platform that is innovating social media and eCommerce into a platform that pays users for their content and allows them to market and sell products to their community
He is the former COO of Gama Aviation, the largest managed aircraft business in the US, flies over 200 flights a day and has over 200 planes under management across the globe
George Murnane
Advisor
Overall strategic and operational responsibility for the Company’s staff, programs, expansion and mission execution, as well as for developing and implementing value-added initiatives to grow the Company’s business
Previously, Mr. Murnane held a number of aviation-related senior positions in management and operations (CEO / COO / CFO) at ImperialJet Europe and VistaJet (European business jet charter companies) and more
TERMS
Flash AI by Flash Scientific Technology, Inc.
Overview
PRICE PER SHARE
$0.75
DEADLINE
May. 1, 2023 at 6:59 AM UTC
VALUATION
$90.67M
FUNDING GOAL
$10k - $3M
Breakdown
MIN INVESTMENT
$100.50
MAX INVESTMENT
$2,999,999.25
MIN NUMBER OF SHARES OFFERED
13,333
MAX NUMBER OF SHARES OFFERED
3,999,999
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Non-Voting Common
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Loyalty Bonus | 10% Bonus Shares
Any Previous Investor of Flash Scientific Technologies will receive 10% additional bonus shares on their investment.
Time-Based Perks
Friends and Family
Invest within the first 24 hours and receive 20% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive 10% bonus shares
Early Bird Bonus
Invest within the first two weeks and receive an example: 5% bonus shares
Amount-Based Perks
Tier 1 | $500+
Exclusive use to our lightning notification service valued at $499 per month. Receive text and/or email notifications of when lightning will arrive and when it will end.
Tier 2 | $1,000+
Exclusive use to our lightning notification service valued at $499 per month. AND…Custom lightning digital map showing where lightning is relative to your location of interest. Service valued at $999 per month.
Tier 3 | $5,000+
Designer Barometer/Thermometer- Designer weather piece suitable for any fine study, library, upscale restaurant or school with temperature (in °F and °C), barometric pressure (hpa and mmHg) and humidity (%).
Tier 4 | $15,000+
Wx Station- Monitor hyperlocal weather conditions in your own backyard anytime from anywhere with AcuRite atlas, keeping you connected to your changing environment.
Tier 5 | $25,000+
Deluxe Wx Station w/ Remote Monitoring- Atlas Weather Station provides you with UV index, temperature, humidity, wind speed, wind direction, rainfall, light intensity, and barometric pressure. Create custom alerts to be notified when critical conditions change so you can identify emerging risks and know when to take action.
*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.
The 10% StartEngine Owners' Bonus
Flash Scientific Technology 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 Non-Voting Common Stock at $0.75 / share, you will receive 110 shares of Non-Voting Common Stock, meaning you'll own 110 shares for $75. 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 investor's 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 receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the 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.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
ALL UPDATES
REWARDS
10%
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
Owner’s Bonus
Owner’s Bonus Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
JOIN THE DISCUSSION
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Ajith Potluri
7 months ago
Hello Jason. Congratulations on winning the Creative Destruction Lab Accelerator Event!!!. You have done so much in such short time, a lot more to achieve on the global level. Flash AI is going to be a Unicorn in few years. Go Flash AI.
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Kambiz Khosravi
8 months ago
How do you justify an $90,000,000.00 valuation? Even if you exit at a $1,000,000,000.00 valuation, I only 10x my investment. I thought this was startup investing? If you invest in a startup, you should expect a 50-1000x return, no?
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Atiba Hainstock
8 months ago
Hello, where do you hope to see Flash in 3-5 years?
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Miguel Costa
8 months ago
Hello, In one of your most recent updates -to be more precise the most recent video, 27MAR2023-, I think that I have heard Jason saying that Flash AI has software to detect tornadoes? Best regards, Miguel Costa
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Jeffrey CONLON
8 months ago
Jason, have you thought about or started working with golf courses
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Raymond Marine
9 months ago
Hi Jason, do you think Airports, Shipping Company's & others will start using Flash within the next 18 months? When do you think these major companies will rollout Flash for Safety Reasons?
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Andrew Brickson
9 months ago
Previous Investor. This tech needs to get to the US Army Training Command and Installation Command. These elements deal with all the training ranges/land used by our armed forces. Safety and saving time on station is critical to maximize effectiveness of US armed forces in training. Preventing loss of time due to strikes would be incredibly beneficial. Many times wasting time on ranges due to "poor" weather reports and suspected lightening in the area. Go to DoD and leverage the tech.
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Buddha Gautam
9 months ago
Hopefully this company does well. Investors must jump into this, great opportunity!
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Miguel Costa
9 months ago
Hello, And thank you very much for the update made today (23FEB2023)! These partnerships, deals, etc.. that are being made, are they potentially going to be revised in the future to transform the partnerships into full paying customers/clients? Are you going to upsell? Etc.. Asking due a recent bankruptcy that I had of a startup that was doing too many partnerships and not having enough full paying customers. Best regards, Miguel Costa
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Miguel Costa
7 months ago
Yup, I second the motion. Really awesome work and with all the eyeballs that you will get from the global competition opportunities abound! Knock them dead, Best regards, Miguel Costa
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