GET A PIECE OF REVOLUTE ROBOTICS
Hybrid Ground and Aerial Robots
$114,534.69 Raised
REASONS TO INVEST
Revolute Robotics’ HMR is a new class of robots that can switch between flying and driving to collect data in places traditional robots cannot access. HMR can operate longer than indoor drones and can navigate areas rovers can’t traverse.
Inspections in confined spaces are notoriously dangerous, costly, and time-intensive. Revolute Robotics’ HMRs have the potential to reduce the cost and time of inspections by up to 95% while minimizing the need to put human lives in danger.
Revolute Robotics was founded by a serial entrepreneur with nearly a decade of drone industry experience and a robotics modeling expert who worked on hybrid aerial/terrestrial robots for NASA. The company is working with a leading robotics development company to bring the product to life.
The PITCH
A New Type of Robot
Traditional robots like drones and rovers have gained popularity for commercial use, but the limitations of these robots hinder adoption in critical areas. For example, drones made for indoor use have robust mobility in confined spaces, but their higher weights and lower flight times limit their use to smaller spaces. On the other hand, rovers feature long operating times and a high payload capacity, but their lack of mobility around obstacles and on challenging terrain limits their use to mostly flat surfaces. With this in mind, Revolute Robotics set out to create a robot that partners the aerial mobility of drones with the long operating time of rovers in one system that can safely fly in confined spaces and can roll on the ground for 5X longer operating time.
Images used are in the prototype phase of development, the hybrid mobility robot is not currently available on the market.
Two years and over two dozen prototypes later, the company is now testing with alpha users, has an international patent pending, and just held its first live demo with over 90 attendees.
The team is led by CEO Collin Taylor, who has eight years of experience with commercial drones and was featured in Phoenix Business Journal’s Arizona Innovators Under 25. The technology stems from 4 years of research by Dr. Sahand Sabet, a subject matter expert in robotics modeling who previously worked for NASA JPL on hybrid aerial/terrestrial robots.
THE Problem & OUR Solution
Life-Saving Robots
Confined space inspections often last weeks, cost hundreds of thousands of dollars to complete, and require inspectors to face dangers such as suffocating, falling from height, exposure to toxic chemicals, and being crushed or trapped by debris. These inspections must be performed regularly to prevent costly equipment failure in places like oil refineries, power plants, chemical factories, and many others.
Images used are in the prototype phase of development, the hybrid mobility robot is not currently available on the market.
Inspection robots are gaining popularity due to their ability to perform inspections from a safe distance and in a fraction of the time, but the poor mobility and low operating time of existing solutions restricts their use to smaller, less costly inspections.
HMR’s ground and aerial mobility allow it to inspect larger assets for longer periods of time without the fear of running out of battery or encountering an insurmountable obstacle. This means that inspectors can reduce the time and cost of their inspections by over 95% without putting their lives in danger.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Market & Our Traction
A Sky-High Market
Revolute Robotics is entering into a fast-growing market, the commercial drone market, which is projected to grow at a CAGR of 57.7%, reaching over $500 billion by 2030 (source). The company is initially focused on Confined Space Inspections and plans to work directly with inspection companies that service customers across an array of industries, including Oil & Gas, Power, Chemicals, Mining, and Utilities, using similar technologies and procedures. This allows Revolute Robotics to enter multiple markets with the same core technology without the complexity and overhead required to service each market individually.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The company plans to offer two purchasing options: direct product sale with an optional subscription for data analysis, and a Robot-as-a-Service (RaaS) model in which the hardware and software are expensed over time, enabling a faster sales cycle and more predictable recurring revenue.
Why Invest
Building A Better Future
Revolute Robotics is building a new generation of robots that have the potential to redefine how robots are used in our daily lives. They are on a mission to keep humans out of harm’s way and have found a strong need for their solution in the inspection, security, and defense industries. Their initial target market is large and quickly growing and the company is already experiencing great success with their alpha users.
Images used are in the prototype phase of development, the hybrid mobility robot is not currently available on the market.
The need for this technology was realized by co-founder Sahand Sabet while working on hybrid aerial/terrestrial robots for NASA JPL. This inspired Sahand to dedicate his PhD dissertation to the modeling, design, and control of hybrid robots, earning him the Student Innovator of the Year award from the University of Arizona. With little more than a few simulations, the concept was awarded funding to build the first prototype Hybrid Mobility Robot which was successfully accomplished in 2021.
Today, over two dozen prototypes in various shapes and sizes have been built and tested and the company has begun alpha testing with local construction and inspection firms.
Revolute Robotics is working with Guinn Partners to bring HMR to market, allowing them to utilize the talents of a wide range of engineers for faster and more cost-effective development than hiring an entirely in-house team. The company enlists the guidance of 05 Advisors who help navigate the challenges of rapid innovation, iteration, and launch. Revolute Robotics is also backed by the Techstars, Plug & Play, and Newlab accelerator networks and receives considerable support from the McGuire Center for Entrepreneurship and the University of Arizona Center for Innovation.
Images used are in the prototype phase of development, the hybrid mobility robot is not currently available on the market.
Join Revolute Robotics on our mission to make dangerous jobs safer, faster, and less expensive with a new generation of robots!
ABOUT
HEADQUARTERS
14459 N 110th Pl
Scottsdale , AZ 85255
WEBSITE
View Site
Revolute Robotics is on a mission to keep humans out of harm’s way using a new type of robot that can switch between flying and driving. Revolute’s Hybrid Mobility Robot (HMR) can safely fly in confined spaces without the fear of crashing, and can roll on the ground to operate for 5X longer. By combining the capabilities of traditional robots such as drones and rovers, HMR opens up dozens of novel applications for inspections, security, defense, and more that can reduce the need to put human lives in danger. The company is currently in testing with alpha users with an international patent pending.
TEAM
Collin Taylor
CEO & Co-Founder
Leandro Valdez III
Chief Operating Officer
Guinn Partners
Development Partner
Guinn Partners contributes 1-2 hours per week on Revolute Robotics
Colin Guinn
Strategic Advisor
Colin Guinn contributes 1-2 hours per week on Revolute Robotics
David Stewart
Operations Advisor
David Stewart contributes 1-2 hours per week on Revolute Robotics
Mike Miles
Product Advisor
Mike Miles contributes 1-2 hours per week on Revolute Robotics
Ellen Beldner
Product Advisor
Ellen Beldner contributes 1-2 hours per week on Revolute Robotics
Robyn Tosick
Strategic Advisor
Robyn contributes 1-2 hours per week on Revolute Robotics
Mark Beaver
Legal Advisor
Mark contributes 1-2 hours per week on Revolute Robotics
TERMS
Revolute Robotics
Overview
PRICE PER SHARE
$1.61
DEADLINE
Sep 13, 2023
VALUATION
$4.99M
FUNDING GOAL
$15k - $1.23M
Breakdown
MIN INVESTMENT
$101.43
MAX INVESTMENT
$1,234,998.80
MIN NUMBER OF SHARES OFFERED
9,316
MAX NUMBER OF SHARES OFFERED
767,080
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
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.
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*
Time-Based Perks
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 hours | 10% bonus shares
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume-Based Perks
Tier 1 Perk — Invest $500+ and receive 2% bonus shares
Tier 2 Perk — Invest $1000+ and receive 3% bonus shares
Tier 3 Perk — Invest $5,000+ and receive 4% bonus shares
Tier 4 Perk — Invest $10,000+ and receive 5% bonus shares
Tier 5 Perk — Invest $25,000+ and receive 10% bonus shares
Tier 6 Perk — Invest $50,000+ and receive 15% bonus shares
*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
Revolute Robotics, 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 $1.61 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $161. 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 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 in addition to the aforementioned bonus.
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: Vendor payments. Salary payments made to one’s self, a friend or relative. Any expense labeled “Travel and Entertainment”. Inter company debt or back payments.
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Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
Andrii Pryskoka
a month ago
Hello, Collin!
It is Andrii again. Thank you for Your response. I wrote a letter via your Company's email. This is about possible co-op, please check it whenever You have time.
Thank you!
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Andrii Pryskoka
a month ago
Hi!
I've learned about your robots and to me it appeared very promising.
Have you considered the possibility to deploy them to Ukraine? There is a Switzerland-sized territory full of mines and self-made explosives.
Also, as it goes from description, this robots use LIDAR to scan the terrain and then built something like 3D model of area.
Can you tell how is this precise in finding explosives? Also, are your robots good at pushing through complicated terrains like thick forests?
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Asher Hamilton
2 months ago
I would love to hear about Revolute's traction and trajectory, What are your biggest accomplishments so far, and how are you going to leverage these accomplishments to generate revenue.
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Richard Koch
3 months ago
..motion...
And, could the interiors of pipelines or fuel cells be accomplished? Is there a spark issue with the motors and electrical system(s)?
Sorry, I'm done.
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Richard Koch
3 months ago
What type of sensor suites will you host?
Take security for instance. Would this platform be rolling around on patrol with morion, video and perhaps FLIR-like detection of evildoers? Could the robot detect the criminal element, take then up station at a safe altitude above the perpetrator, paint them electronically and notify the authorities? Could it then follow at a safe distance (regardless of mode of transportation) all the while squawking grid coordinates and live video to cops or private security for confrontation?
Then there would be inspection missions with completely different sensor requirements depending on the application. Photos, video, maybe X-ray a crack under a bridge.
How broad is the vision?
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W Kim Colich
3 months ago
Hi, who will own the patent or to whom will the rights be assigned? Or do you just have exclusive rights? Thanks for clarifying. Blessings
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Richard Koch
12 days ago
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