vRotors offering is now closed and is no longer accepting investments.

The future of drone racing

INVEST IN VROTORS TODAY!

Race real drones on remote global courses from home with your PC. vRotors revolutionizes drone racing by opening it up to anyone to be the next eSports champion without needing to buy a drone: race our drones. With the convergence of video gaming, drones, audience interactivity, and augmented reality in amazing real-world race courses, vRotors is leading the future of drone racing!
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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
vRotors

REASONS TO INVEST

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Disruptive: Ground breaking technology powering everyday gamers at home to race real drones on remote courses so that anyone can be a champion drone racer. Platform live with worldwide streamer tournament races.

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Strong Team: Led by Acclaim Games (acquired by Playdom) co-founder who built massive multiplayer gaming platforms and the former creative director of Niantic, a pioneer in mixed reality gaming.

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Massive Market: Global eSports viewership reached over 440M people last year, this is a growing market opportunity at the convergence of drones, gaming, and augmented reality.

ABOUT

HEADQUARTERS
24337 Songsparrow Lane
Corona, CA 92883
VALUATION
$5M

Race real drones on remote global courses from home with your PC. vRotors revolutionizes drone racing by opening it up to anyone to be the next eSports champion without needing to buy a drone: race our drones. With the convergence of video gaming, drones, audience interactivity, and augmented reality in amazing real-world race courses, vRotors is leading the future of drone racing!

TEAM

Neil Malhotra
Neil Malhotra
President and Technology Lead

Brings together years of aerospace and video game industry experience. Having led deep space trajectory innovation at NASA Jet Propulsion Laboratory, led commercial rocket missions at Orbital, and obtained his private pilot license, Neil is an expert in aviation and space. Later in his career, co-founded Acclaim Games which was acquired by Playdom (which was itself acquired by Disney) and served as the Skybound CTO, the creator of The Walking Dead. He was a National Science Foundation Graduate Fellow at Caltech.

John Zuur Platten
John Zuur Platten
Creative Lead

He is the lead writer on the Jurassic World AR Experience and other Hollywood IP based interactive projects. Having more than 30 video game titles to his credit, John was formerly a creative director at Niantic where he innovated impactful mixed reality games including Ingress, while ultimately led to Pokemon Go. John currently works up to 4 hours per week at the company.

Mac Chavarria

Mac Chavarria

Advisor

Leading angel investor in Seattle engaged 7 years with Swan Ventures and Keiretsu Capital Networks bringing his financing and industry networking.

Ani Honan

Ani Honan

Advisor

Exponentially oriented entrepreneur and advisor guiding startup ventures in strategic goal setting and capital raising with several hi value successful exits.

TERMS

vRotors
Overview
PRICE PER SHARE
$1.25
DEADLINE
Jun 22, 2020
VALUATION
$5M
AMOUNT RAISED
$0.00
Breakdown
MIN INVESTMENT
$250.00
MAX INVESTMENT
$107,000.00
MIN NUMBER OF SHARES OFFERED
8,000
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
856,000

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

vRotors, Inc.

Corporate Address

:

24337 Songsparrow Lane, Corona, CA 92883

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

8,000

Maximum Number of Shares Offered

:

856,000

Price per Share

:

$1.25

Pre-Money Valuation

:

$5,000,000.00











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.

Company Perks*

Early Bird

First 48 hours - Friends and Family Early Birds | 20% bonus shares

Next 5 days - Early Bird Bonus | 15% bonus shares

$250+ Investment

Crew

Free game application + 1 year vRotors Challenge Pass for online pilot co-op and race challenges to qualify for real remote drone tournaments. Private owners group with in-game recognition of Owner status in drone name tags, race results, and leaderboards.

$500+ Investment

Pilot

Above + remote drone training flight with vRotors expert + limited print illustrated course design by team artist signed by vRotors team

$1000+ Investment

Captain

Above + custom avatar in your likeness with design call with vRotors team artist

$2500+ Investment

Commander

Above + custom cockpit skin with design call with vRotors team artist

$5000+ Investment

General

Above + invitation to Los Angeles to join founders for an on-site remote flight demonstration followed by lunch or dinner + 5% bonus shares

*All perks occur when the offering is completed.

The 10% Bonus for StartEngine Shareholders

vRotors, 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 $1.25/ share, you will receive 110 shares of common stock for $125. 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 only receive a single bonus, which will be the highest bonus rate they are eligible for.

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. Any expense labeled “Administrative Expenses” not strictly for administrative purposes.

PRESS

Article Image
Yahoo! Finance

Race Real Drones Remotely From Home With vRotors’ Mixed Reality Platform

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GamingLyfe

RACE REAL DRONES REMOTELY FROM HOME WITH VROTORS’ MIXED REALITY PLATFORM

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THEGAMER

VRotors Lets You Fly Real Drones And Race Against Others On Twitch

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Biogamer Girl

vRotors Reveals New Mixed Reality Platform Game

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Bezinga

Race Real Drones Remotely From Home With vRotors' Mixed Reality Platform










ALL UPDATES

06.10.20

vRotors selected by the 2020 Techstars Space Accelerator!

With just 1% of companies being selected, we are proud to announce that vRotors has been selected for the 2020 class of the Techstars Starburst Space Accelerator! It was a challenging multistage process of interviews and due diligence, but we made it and the program starts this week. The program recognizes that the vRotors platform can be applied to space robotics, for example, on-orbit satellite repairs and refueling, and even robotic operations on the Moon. In this way, we can define the platform more generally as a:

Platform for Human-AI Cooperative Remote Robotics

The program partners include NASA JPL, The Air Force, Lockheed Martin, SAIC, The Aerospace Corporation, Maxar, IAI, and others. It's an amazing connection to the aerospace ecosystem.

While this has been going on, we've also made great progress on our drone platform which we will be announcing soon. Thanks for your support, we are excited to add space as an additional industry vertical for the vRotors platform.

Here are a few media links to the Techstars program announcement:

https://www.techstars.com/newsroom/announcing-the-2020-class-of-techstars-starburst-space-accelerator

https://dot.la/heres-the-2nd-class-of-techstars-starbust-space-accelerator-2646164360.html

https://spacenews.com/techstars-2020-space-classes/

04.16.20

Easter Drone Racing With 100 ft Tall Eggs... and other updates!

We had an exciting Easter weekend of drone racing with 100 ft tall eggs on the course! The eggs were loaded into the course using the dynamic AR object loading feature recently introduced. Note the 3D cockpit, in this case the main pilot in the left seat used their PC while the right seat pilot was in a VR headset, we rendered both live in the 3D cockpit for our live stream audience. 

New Control Settings For Faster Performance

What made the races especially exciting was a new feature for pilots to set their own control sensitivities, earlier we had those settings preset. Now for each pilot, there is a customized, optimal setting choice for percent of drone capability. For example, they may set rotation to 12%, right / left strafe to 20%, and forward / backward to 70%. By letting pilots adjust their own settings, we observed improvements in race times by more than 20% and the drones flying at the absolute limits of pilot esports skill capabilities. You can see the pilot of the winning race flight adjusting their settings in this video:  https://www.twitch.tv/videos/591384606


$10M ANA XPrize Team Summit

On March 28, the vRotors team attended the 2nd Team Summit over video conference for the XPrize competition along with team partners Duke University and the University of Illinois. During the summit, the semifinal competition rules and process details were explained. Scheduled for June 2021, the semifinals will last for 3 days and each round will consist of 1 hour to train a judging team, one judge controlling the robot and one judge being the recipient of the robots interaction, followed by 1 hour of operational challenges. This competition is inspiring telerobotic operations innovations helping vRotors maintain its technology leadership position!




04.14.20

Thanks for your early support!

Thanks to all of our early supporters, we have a great start to our Start Engine community! It's been exciting to engage with you in the comments and we're looking forward to taking this journey together. Also, congratulations to Start Engine on Mr. Wonderful's arrival, we had a live drone flyby tribute last week on one of our courses.


LIVE DRONE FLYBY  TRIBUTE TO MR. WONDERFUL JOINING START ENGINE

That flight used a new capability in the platform, dynamic AR object loading, which allows our 3D artist to create a new virtual object and insert it into a racecourse with our authoring tool. And immediately, that new augmented reality object is available and automatically downloaded for gamer pilots for immersion into the real racing environments. 

3D Advertisements for Sponsors

It's going to support the business model where 3D animated advertisements are placed into courses for sponsors. (And we can theme our courses and create even more compelling content variety for the gamers and tournament broadcasts!)










REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into vRotors.

$250.00

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.

$250.00

Crew

Free game app + 1yr vRotors Challenge Pass for online pilot co-op and race challenges to qualify for real remote drone tournaments. Private owners group with in-game recognition of Owner status in drone name tags, race results, and leaderboard.

$500.00

Pilot

Above + remote drone training flight with vRotors expert + limited print illustrated course design by team artist signed by vRotors team.

$1,000.00

Captain

Above + custom avatar in your likeness with design call with vRotors team artist.

$2,500.00

Commander

Above + custom cockpit skin with design call with vRotors team artist.

$5,000.00

General

Above + invitation to Los Angeles to join founders for an on-site remote flight demonstration followed by lunch or dinner + 5% bonus shares.

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDSWe want you to succeed and get the most out of your money by offering rewards and memberships!
SECUREYour info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTSInvest in over 200 start-ups and collectibles!

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