INVEST IN TAMPA DEEP SEA XPLORERS TODAY!
Bringing Deep Learning to the Deep Sea
$35,596.80 Raised
REASONS TO INVEST
We believe Tampa Deep Sea Xplorers is reenvisioning the capability of today’s existing deep sea exploration technology with their compact, portable, and affordable designs. We believe that TDSX’s Barracuda AUV has the ability to collect subsea data at a more rapid rate than anything currently available on the commercial market for modern explorers and researchers.
Driven by increasing adoption trends and a greater interest in deep sea surveillance across multiple industries, the unmanned, underwater vehicle market is a multibillion dollar sector – estimated to be worth over $2B in 2020 – and is projected to more than double by 2025 at a CAGR of 16.4%.*
TDSX’s motto of “Deeper, Faster, and Cheaper” encompasses our mission of making this type of equipment more accessible to all. Our products are designed to feature deep learning algorithms, artificial intelligence, and proprietary sensor technology, while eliminating many of the logistical costs typically associated with larger AUVs.
*Market information provided by Markets and Markets (source)
An Ocean Science Solution Designed to Reach New Depths
Tampa Deep Sea Xplorers combines a passion for underwater exploration and discovery with cutting edge tech-based solutions. Designed to withstand pressure at 500-meter depths, the Barracuda AUV is the company’s first autonomous underwater vehicle that can allow users to gather a treasure trove of information with exceptional speed, ease, and accuracy.
*The above clip features the first generation prototype of the Barracuda AUV. We are currently on the 5th generation.
TDSX's commercially available product is subject to change pending feedback from initial customers & official product finalization.
The prototype Barracuda is light enough to be hand launched from nearly any small vessel or shoreline and is expected to be a valuable tool for a variety of applications, including mapping, defense, climatological data collection, scientific measurements, and underwater archeology.
The Problem & Our Solution
Empowering the Next Wave of Deep Sea Exploration
For gathering critical intel beneath the surface of bodies of water, autonomous underwater vehicles are the industry standard. Yet in TDSX’s experience, these vessels tend to be large, cumbersome and require complicated logistics to operate. They also command a substantial price, creating a steep entry barrier for most smaller academic institutions, companies, and consumers. As a solution, Tampa Deep Sea Xplorers’ technologies address both of these obstacles to exploration.
*The above image features a 3D rendering of the Barracuda AUV. TDSX's commercially available product is subject to change pending feedback from initial customers & official product finalization.
With its compact and streamlined design, the Barracuda can be a cost-effective, professional-quality option capable of collecting significant amounts of data in a short amount of time. It is also designed to offer a number of unique features – including forward-facing optical viewing, dive planes at the center of gravity, small radius turn capabilities, and an AI-enabled machine learning platform – allowing it to recognize obstacles, objects, and animal life, while capturing high-quality images of these elements in the process.
*The above image features a prototype of the Barracuda AUV. TDSX's commercially available product is subject to change pending feedback from initial customers & official product finalization.
The Market & Our Traction
Navigating Multiple Marketplaces With Our Agile Approach
Leading up to a commercial launch of the Barracuda AUV, TDSX has already experienced favorable reception at high levels within our industry. In 2021, the company was awarded a utility patent for its proprietary technology, placed as a semi-finalist at the Shell Ocean Discovery XPRIZE competition, and was ranked second in the The National Oceanic & Atmospheric Administration’s Bonus Prize portion. TDSX has also been awarded a Phase I and a Phase II SBIR from NOAA to support developing their advanced underwater exploration sensor technology.
*The above image features a prototype of the Barracuda AUV. TDSX's commercially available product is subject to change pending feedback from initial customers & official product finalization.
Having recently completed production of the Barracuda AUV for our first commercial customer, we anticipate rapid growth and expansion in the near future, including development of other new technology and support products that will further build the brand. TDSX’s model has been strategically built to serve multiple markets within the $2B unmanned, underwater vehicle market - including oceanographic institutions for data collection, the oil and gas industry for pipeline inspection and imaging, as well as military operations for reconnaissance and patrol.
*The above image features a 3D rendering of the Barracuda AUV. TDSX's commercially available product is subject to change pending feedback from initial customers & official product finalization.
Why Invest
An Ocean of Opportunities Awaits Us
As the AUV market continues to see steady expansion, Tampa Deep Sea Xplorers feels confident that our disruptive technology will play an important role in the subsea exploration marketplace, as well as the Nippon Foundation-GEBCO Seabed 2030 Project intending to map the entirety of the world’s ocean floors by 2030. If the foundation’s challenge is to be realized, we believe AUVs such as the Barracuda will be needed to carry out a mission of such magnitude.
For investors who share our passion for new technology and this emerging industry, this is an opportunity to help us scale operations and explore even more uncharted territory together. TDSX is excited for the future of our company and hope to have you aboard!
*The above image features a 3D rendering of the Barracuda AUV. TDSX's commercially available product is subject to change pending feedback from initial customers & official product finalization.
ABOUT
HEADQUARTERS
14007 Clubhouse Circle, Apt. 706
Tampa, FL 33618
WEBSITE
View Site
Tampa Deep Sea Xplorers, Inc. (TDSX) is designing and developing small footprint, autonomous underwater vehicles for data collection and exploring the vast expanse of our world’s oceans. The company’s innovative approach is creating AUVs that can reach great depths, at an affordable price point, for individuals and small institutions. Having successfully engineered the brand’s first model – The Barracuda AUV– TDSX has recently launched and is seeking investors to scale operations.
TEAM
Edward Larson
Co-Founder, Chief Executive Officer, and Chief Engineer; Director
Mr. Larson has over 30 years of professional experience, working for a variety of large and small companies. His work experiences include rolls as an aircraft mechanic, life support technician, engineering technician, a CAD draftsman, network engineer, systems administrator, and a technical trainer. He has worked for a number of fortune 500 companies including: AT&T, Southern Company, Georgia Pacific, and Cisco Systems. Ed is an entrepreneur and has founded several companies. He is a former President of the Atlanta Hobby Robot Club and has been working with robotics for over 20 years. Ed holds two Bachelor of Science degrees in Math and Computer Science and holds a Master of Science degree in International Business, from Georgia State University. He is bilingual and speaks German in addition to English.
Ed is a director for TDSX and serves on the Board of Directors.
Dennis Lorence
Co-Founder and Product Designer; Director
Dennis is a director for TDSX and serves on the Board of Directors.
Joseph Daum
Chief Financial Officer; Director
Dr. Daum serves as CFO in charge of raising capital through private equity and grants to revolutionize the deep water robotics market. Responsible for developing proposals for federal grant programs and contracts to include the Small Business Innovation Research (SBIR) Program. Also serves as Program Manager responsible for coordinating rapid prototyping activities for the Awarded Conracts.
Joe is a director for TDSX and serves on the Board of Directors.
TERMS
Tampa Deep Sea Xplorers
Overview
PRICE PER SHARE
$1
DEADLINE
Apr 20, 2023
VALUATION
$10.32M
FUNDING GOAL
$15k - $1M
Breakdown
MIN INVESTMENT
$100
MAX INVESTMENT
$1,000,000
MIN NUMBER OF SHARES OFFERED
15,000
MAX NUMBER OF SHARES OFFERED
1,000,000
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:
Friends and Family Early Birds
Invest in the first 48 hours and receive 15% 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 of the campaign and receive 5% bonus shares.
Amount-Based:
$100+ | Tumbler
Receive a plastic tumbler with Barracuda AUV image and “TDSX Owner” printed on it
$500+ | Deluxe Tumbler
Receive a steel tumbler with “TDSX Owner” laser engraved on it.
$1,500+ | Deluxe Tumbler + Shirt**
Receive a steel tumbler and a TDSX company shirt. Shirt is a blue and white Hawaiian style short sleeve with sea creatures printed on it and “Tampa Deep Sea Xplorers” embroidered over the left breast.
$3,000+ | Copper Level
3% bonus shares
$5,000+ | Silver Level
5% bonus shares
$10,000+ | Gold Level
10% bonus shares
$20,000+ | Platinum Level
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.
**We will contact you to select sizes after the close of the raise. Sizes offered are: S, M, L, XL, 2X, 3X (sizes are all men’s sizes).
The 10% StartEngine Owners' Bonus
Tampa Deep Sea Xplorers, 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 $1.00/ share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 shares for $100. 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 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
Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
ALL UPDATES
05.05.23
TDSX At SOFWEEK 2023
Tampa Deep Sea Xplorers, Inc. is proud to announce that we will be attending SOFWEEK 2023, May 8 - 12, 2023. SOFWEEK is an annual event held here in Tampa, Florida. It is a conference for contractors, suppliers, and warfighters associated with the U.S. Special Operations Command. TDSX will be there attending seminars, networking, and talking to SOCOM representatives.
https://www.ncmbc.us/event/sof-week-2023/
04.12.23
Barracuda AUV Demo
Here is a new demonstration of the Barracuda AUV.
04.06.23
TDSX at Ignite22
Tampa Deep Sea Xplorers, will be attending Ignite22 in Los Angeles, CA on May 4th and 5th. We will be conducting a live demonstration of the Barracuda AUV. We're very excited about this opportunity to exhibit the Barracuda AUV and to demonstrate its capabilities.
04.04.23
TDSX at Ocean Business
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02.27.23
Tampa Deep Sea Xplorers at Oceanology International Feb. 13-16
Tampa Deep Sea Xplorers, exhibited at Oceanology International in San Diego, California from Feb. 13-16th! We exhibited the Barracuda AUV to potential investors, customers, and vendors! It was a great show!
02.15.23
Tampa Deep Sea Xplorers at Synapse Summit in Tampa
Tampa Deep Sea Xplorers, exhibited at the Synapse Summit 2023 in Tampa Florida on Tuesday February 15th! While there they met many potential investors, collaboration partners, and associates. TDSX is on the move! Time to invest!
02.02.23
Tampa Deep Sea Xplorers at Hello Tomorrow Global Summit!
We’ve been named one of @hello tomorrow’s Deep Tech Pioneers! Come and meet us at the Hello Tomorrow Global Summit 2023, March 9-10th. In Paris, France. Through a unique and highly curated environment, the event fosters collaboration between industry leaders, investors, startups, researchers and experts in the deep tech ecosystem from all over the world. Don’t miss out!
01.26.23
TDSX to Exhibit at Oceanology International in San Diego
TDSX is proud to announce that we will be exhibiting at the Oceanology International Convention in San Diego on February 13-16, 2023!
Now you're thinking, "Wait a minute Ed, you said you'd be exhibiting at the Synapse Summit in Tampa on Feb. 14th!"
That is correct! I will be traveling to San Diego with one of our Barracuda AUVs for the Oceanology show, while Dennis and Joe will be exhibiting at the Synapse Summit!
If you are going to be in San Diego or Tampa during Feb. 14th to 16th, come see us!
WOW! What a busy week that is going to be!
01.23.23
Tampa Deep Sea Xplorers at Synapse Summit Feb. 14th
TDSX is proud to announce that we will be exhibiting at the Synapse Summit at the Amely Arena in Tampa, Florida on February 14th. If you are going to be in Tampa at that time, please come and meet some of the TDSX guys. Thanks.
https://synapsefl.com/summit2023/
Ed Larson
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
MARK LIDD
17 INVESTMENTS
2 months ago
Have you entertained the idea of selling to the inspection market? if not, why not? It doesn't seem mentioned.
thx
1
0
Willie Rainwater
2 months ago
I'm a believe in this project. I know only 5% of the oceans around the world has been explored. A product like this could change the world if presented the right way. Both from a B2B POV and B2C.
My question has more to do with your companies valuation.
1.Why do you feel it is worth 10.3 in lifetime sales at this stage?
2. your fiscal year end sales are looking promising, but how much of that is cash that's being burned verses actual profit?
3. And if there is very little profit, what is being done to adjust to this? I may have missed it but I didnt see anything proprietary about this technology.
4. I read below you have a patent so thats good. Based on how much you've raised, you are clearly a long way off from your target. Are you raising capital in other ways outside of websites like these?
5. and last, I dont see anything proprietary about this business. Whats stopping a major company like IBM from stealing this design and making their own version with their endless supply of revenue? Is there some type of technology inside that can be licensed out? or an App created to help boost up the revenue?
1
0
Scott Hinkle
30 INVESTMENTS
4 months ago
So, in the end, I'm looking to back companies that are poised to offer generous potential returns...
Can you talk about your moat (i.e., protections in place to set you apart from your competitors - patents, connections, difficult to replicate aspects, etc.)?
Can you tell us about the potential run times of your battery operated device? Is there a tethered option?
What is your revenue model (i.e., subscriptions, support contracts, direct sales, feature upgrades, leased operations, etc.)?
Finally, what is your SoM?
Thank you,
Scott
1
0
Ed Larson
Tampa Deep Sea Xplorers
•
4 months ago
What attracted you to this investment?
1
0
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MARK LIDD
17 INVESTMENTS
2 months ago
1
0