Pitch Aeronautics

Beyond video: A drone for robotic tasks.

Pitch Aeronautics

Beyond video: A drone for robotic tasks.

Closing in 11 days
Boise, ID
Engineering
Technology
Pitch Aeronautics has developed and built a prototype drone, "Astria" which is currently undergoing flight testing. Astria is a new type of drone that can perform up-close, touch, and robotic tasks (not just video or remote sensing). The company has also developed initial sensor payload prototypes for use on the drone platform and leverages a patented cyclorotor for precision positioning, and a patent-pending configuration to mount a 5-10lb payload on an interchangeable payload arm. This aerial platform can replace expensive rope, crane, and helicopter access inspections, which are among the most dangerous jobs in America. Leveraging interchangeable payloads, Astria will measure cracks, detect subsurface defects, install parts, repair equipment, and keep inspectors safely on the ground. Pitch Aeronautics was founded by Air Force veterans with experience in unmanned aerial systems, professional flying, organizational leadership, flight testing, cyber security, and advanced technology development. They have accomplished $3-4M of engineering development, assembled a motivated team, and prepared a series of testing partnerships, all with $20k of funding and a $300k grant.

$312,545

raised
155
Investors
$10M
Valuation
$1.81
Price per Share
$298.65
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
11
Days Left

$312,545

raised
155
Investors
$10M
Valuation
$1.81
Price per Share
$298.65
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
11
Days Left

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into Pitch Aeronautics:

$298+
Investment
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.
$5,000+
Investment
Partner Investors
1% bonus shares
$10,000+
Investment
Elite Investors
3% bonus shares
$20,000+
Investment
Premier Investors
5% bonus shares
$40,000+
Investment
Gold Investors
20% bonus shares

Reasons to Invest

  • Novel technology: Astria can put a 5-10lb payload up-close or in-contact with infrastructure for inspections, installations, or repairs — unlocking new industries and markets which are currently serviced by people on ropes, not drones.
  • Market opportunity: Our aircraft can disrupt the $200B U.S. inspection and repair market. There’s a $1B/yr opportunity for using Astria on our first market verticals: U.S. bridges and powerlines.
  • Powerful team: Our executive team includes a Marshall Scholar, a Doctorate National Defense Science and Engineering Fellow, an F-15E pilot, and an Air National Guard Colonel. Our technical team has designed, built, and flown some of the only cyclorotor aircraft in history.


OVERVIEW


A new type of drone has taken off


Astria is an innovative aerial vehicle that flies a tool or sensor with hummingbird precision into difficult-to-access and dangerous places. This up-close and touch-capable inspection platform can automate robotic tasks, including inspection of bridges, wind turbines, towers, dams, and powerlines. It collapses for travel, swaps batteries for all-day operations, and has artificial intelligence cameras for added safety. 


 

THE PROBLEM


Aerial inspection and maintenance jobs are dangerous


Our modern society depends on infrastructure which must be inspected and serviced regularly. Today, these tasks are performed manually by brave men and women who ascend to great heights on ropes, ladders, scaffolding, or even hang from helicopters. This critical job is one of the most dangerous jobs in America. One in 100 tower climbers die on the job in a 10-year career. 



Highly-trained bridge and wind turbine inspectors rappel with ropes to reach vertical infrastructure, and electrical linemen hang from helicopters or bucket trucks to reach power lines. Existing drones on the market cannot provide the precision needed to perform these tasks as they cannot compensate for even small wind disturbances.


THE SOLUTION


Astria increases safety and profit


Pitch Aeronautics has developed an innovative aircraft to safely automate aerial inspections and maintenance. Astria can precisely position a 5-10lb payload up-close or in contact with a target by leveraging a precision cyclorotor propeller that can compensate for wind disturbances. 

*These images are computer-generated demo versions. The product is still currently under development.


Astria offers an alternative to dangerous labor-intensive inspections at height. Astria can safely perform a more comprehensive inspection faster, and cheaper. This not only reduces inspection costs but also asset downtime minimizing lost revenue for the asset owner. Shutting down a wind turbine is costly, closing a bridge disrupts traffic, and turning off powerlines often isn’t an option.



Features:

  • Cyclorotor: Quickly changes the amount and direction of thrust for precise control. Today cyclorotors are used on tugboats to help precisely position ships in harbors. 
  • Interchangeable Payloads: Different sensors, tools, or even robotic arms can be easily swapped on the front of Astria to match the mission. The payloads are mounted on an arm away from the center of the drone to interact with the inspection or maintenance target and keep it away from the rotors.
  • Positioning sensors: Artificial intelligence-enabled cameras help the aircraft navigate safely and avoid obstacles without needing to rely on GPS.
  • First-person view (FPV): Astria is operated with FPV goggles (similar to VR goggles) that allow the operator to see what Astria sees and fly precisely next to a target even when they are on the ground far away.
  • Swappable battery: 20 minutes of eco-friendly flight time with a full payload. Future battery options will enable even longer flight times.
  • Collapsible: Easily assembled or disassembled in minutes for airline and car travel.



The Astria can be adapted for:

  • Bridge Inspections: An in-development crack measurement sensor and an active thermography sensor can be deployed on Astria to measure and record crack widths and identify delamination (broken layers) beneath concrete which is undetectable by the naked eye.
  • Wind Turbine Inspections: Our active thermography sensor can identify delamination between the layers of fiberglass on wind turbine blades.
  • Powerline Inspections:  A new payload arm is being developed that will install bird diverters (small reflectors) on live powerlines. Diverters reduce bird collisions helping boost avian populations and decrease power outages.  In the future, other payload arms could help install vibration dampers, inspect and replace cotter keys, install marker balls, and even repair woodpecker hole damage.


Payloads:

Astria is a flexible platform designed to carry a spectrum of payloads. We have already built and are testing a crack-width measurement sensor and active thermography sensor. We are currently developing a payload arm to install bird diverters on powerlines. Future payloads for robotic, up-close, and touch inspections include eddy current testing, ultrasound, ground-penetrating radar, powerwashers, paint sprayers, caulking/sealant/foam guns, robotic arms, and much more.




THE MARKET 


$200B inspection market ready for repair


The global inspection market is worth $200B. In the U.S. there are 617,000+ bridges, 57,000 wind turbines, 90,000 dams, 417,000 towers, and 5.5 million miles of powerlines whose inspection is mandated by law. Climbers are in high demand due to the construction of new 5G towers. Pitch Aeronautics has built the only aerial platform that can put a heavy payload in precise contact with an inspection target. It can compensate for wind gusts 10x faster than existing drones.



Here are the facts: 



PROVEN, PATENTED, PRIMED FOR LAUNCH


State-recognized product with 1 patent awarded and another patent pending for our innovative technology


We believe Pitch Aeronautics is out in front of any potential competition. We have demonstrated our 6’x9’ 40lb drone Astria, which leverages a suite of new technologies. Astria has already performed an up-close flight demonstration and two initial sensors are in testing. The State of Idaho was so impressed with our progress that they followed up their initial $250K grant with another $50k infusion of non-dilutive capital. We have protected our drone with a patent on our cyclorotor (awarded by USPTO) and another on our unique drone configuration (non-provisional patent pending). These patents protect our hardware designs and we are keeping our custom flight-control, active thermography post-processing, and crack measurement code secret. Astria is proven, patented, and protected.


Our aerial platform is poised to enter the commercial market. We have obtained regional testing partnerships with companies and government agencies including a rope-access bridge inspection, a part 135 drone service provider, a powerline engineering firm, as well as county and state bridge inspectors. These companies can use our drone to inspect US infrastructure because our drone is made entirely in Idaho out of almost entirely US components. We are actively pursuing a Blue-UAS certification: a cybersecurity validation by the Department of Defense to streamline sale to and use of drones by the US government. We are pushing towards initial tests of our prototype with our partners and then will transition Astria into a commercial product.

 




Our Business Model 

Our go-to-market strategy leverages our customer’s desire to test our drone. Everyone we have asked if we could beta-test with them wanted to! After showing off our drone in the field, we plan to offer a three-tiered subscription model. For a premium, we will fly Astria for the customer on their job site. This makes it easy to leverage the capability quickly without any training. However, we expect the majority of customers to purchase a drone subscription, which includes hardware, training, basic software, and unlimited flight hours. We’ll also offer additional software packages to post-process and manage collected data, as well as a repair center for customer drones to make it easy to keep them flying. For large customers, we will provide an enterprise solution with a dedicated account manager and adaptations specific to that customer’s needs. The subscription model makes it easy for new customers to obtain the capability without a large upfront capital expenditure and allows us to update and improve our product for existing clients.







WHY INVEST


Help us get off the ground: improve inspection safety with precision


We are raising seed funding to transition our aerial inspection platform aircraft from development to a commercial product. In the next 5 years, our goal is to have a mature product produced in Idaho, and several hundred drone leases. Once we’ve successfully disrupted the inspection space, we plan to move into industrial maintenance, aerospace inspection, and defense. Join us to help keep inspection climbers and aerial lineman safe and simultaneously increase the safety of U.S. infrastructure.


Possible Tax Free Capital Gains: 

Under certain circumstances this investment constitutes Qualified Small Business Stock and certain investors need not pay capital gains on stock held more than five years. Learn more about U.S. Code 1202 here

This is not legal advice and investors should consult a tax professional to ensure that they qualify.






Paragraph Format

In the Press

Idaho Global Entrepreneurial Mission Annual Report

IGEM Success Stories: Pitch Aeronautics

Coolest Thing Made in Idaho

2021 Coolest Thing Made in Idaho Finalists

Idaho Department of Commerce

Idaho Department of Commerce Announces IGEM Grant Recipients

Boise State News

IGEM grant fuels industry-changing infrastructure inspection technology

Idaho Commerce

IGEM Succes Story: Pitch Aeronautics

Offering Summary


Company

:

Pitch Aeronautics Inc.

Corporate Address

:

4458 S Silverwood Pl , Boise, ID 83716

Offering Minimum

:

$9,998.44

Offering Maximum

:

$1,069,999.60

Minimum Investment Amount

(per investor)

:

$298.65











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

5,524

Maximum Number of Shares Offered

:

591,160

Price per Share

:

$1.81

Pre-Money Valuation

:

$9,955,003.62











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*

Previous Backer Bonus:

For any previous backers or investors in Pitch Aeronautics, when you invest in this live offering you will receive an additional 20% bonus shares.

Time-Based


Friends and Family Early Birds

Invest within the first 72 hrs and receive 20% bonus shares

 

Super Early Bird Bonus

Invest within the first week and receive 15% bonus shares

 

Early Bird Bonus

Invest within the first two weeks and receive 5% bonus shares

Amount-Based

$5,000+

Partner Investors

1% bonus shares

$10,000+

Elite Investors

3% bonus shares

$20,000+

Premier Investors

5% bonus shares

$40,000+

Gold Investors

20% bonus shares



*All perks occur when the offering is completed.

 

The 10% StartEngine Owners' Bonus

Pitch Aeronautics 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 $1.81 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $181. 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 and Previous Backer 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.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$20,472.74 USD
$667.81 USD
Cash And Cash Equivalents
$5,169.92 USD
$667.81 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$13,043.00 USD
$8,718.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$13,775.00 USD
Costs Of Goods Sold
$0.00 USD
$10,821.76 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$6,523.00 USD
-$9,085.88 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Successful flight test of improved flight control code!

2 days ago

While the bulk of our design efforts this summer have focused on designing the next iteration of our drone, we also did a bit of flight testing! Here are some photos of a flight test with updated flight control software. This will help Astria fly in higher wind conditions and allow it to move faster between the places where it is doing precision tasks. The code performed well and we are analyzing the results in preparation for another round of testing!

Bill proposes $200M in grants for drone infrastructure inspection & education!

3 days ago



A  group of bipartisan senators introduced the Drone Infrastructure Inspection Grant Act, which would authorize $100M in grants to use American-made drones on bridges, dams, electric grid infrastructure, water infrastructure, and other related infrastructure. This bill would also provide an additional $100M for colleges and technical programs to train the American workforce on unmanned aircraft technologies.

Not only does this bill reinforce the need for Pitch Aero's Astria drone, but the funding would help accelerate the adoption of our drone, sensors, and other infrastructure inspection and maintenance technology!

Drone design update!

9 days ago

We have been working on the next iteration of Astria! These design updates will increase payload capacity, increase flight time, further improve control, decrease manufacturing cost, and much more. This iteration incorporates lessons we learned in initial flight testing and more comments we have obtained from future industry users. We cannot release all of these new design characteristics just yet, but keep an eye out for more updates!

In this video, Julianna shows off her design improvement which will shorten assembly and disassembly times from minutes to seconds. Go team!

Partnership highlight: Power Engineers & Boise State University

13 days ago

Powerlines could prove to be the most lucrative market vertical for Astria. That's just one reason we partnered with Power Engineers and Boise State University to build a new bird diverter installation payload arm for Astria. These reflectors help birds see (and not hit) power lines which prevents bird deaths and power outages. Today these diverters are installed by bucket truck or helicopter, which forces lineman to risk their lives on behalf of birds and electricity consumers. Installing bird diverters with Astria could not only help keep the lights on, but also birds and linemen alive! 

We are grateful to lean on Power Engineer's industry expertise and Boise State University's engineering and bird science acumen. We are shooting to have a benchtop prototype ready at the end of the year. Check out this video showing how bird diverters are installed today and how Astria could install them in the future:






Field testing of active thermography sensor with Idaho bridge inspectors!

15 days ago

We recently demonstrated our technology with a county bridge inspection department on a local Idaho bridge. We compared their existing techniques (visual and hammer inspections) with active thermography on known bridge defects. We were grateful to get their feedback on the sensor and displayed sensor data, which we are using to improve the active thermography system design and post-processing software!


It is awesome to see our team bring this technology to life in the field with potential future customers. This short video compares today's hammer defect detection method with our active thermography sensor. The sensor can drone or tripod mounted. 




Astria enables longer flight times!

about 1 month ago

No one wants to be tied down by batteries: that's why Astria can fly for a long time with a full payload and easily swap out the batteries. We're in the process of further improving our power system design with a bigger battery to do robotic tasks even longer.


Pitch Aeronautics featured in autoevolution!

about 1 month ago

In case you missed it, Pitch Aeronautics' drone "Astria" was featured in autoevolution. Check out the full article here!



Drone Engineering Progress!

about 1 month ago

We have been hard at work on the next iteration of Astria. We have extensive notes from our customer interviews, lab, and field testing. Now we’re translating that feedback into improvements on the drone hardware, code, and business model:

Here Julianna is improving how Astria’s arms connect to the body. During flight testing, we found that extremely cold temperatures made the arms of the drone hard to connect. Julianna redesigned the connection to eliminate this problem, make the drone easier to assemble (no screws required), lighter, cheaper to manufacture, and even look better! She used CAD to design and preliminarily fit the components before making 3D printed examples. Now she’s working on manufacturing the flyable version.

Alex has been working on the camera system that Astria uses to position itself relative to obstacles. This system will make Astria fly precisely without relying on GPS. This is the computer version of how we see the world with our eyes and move relative to buildings and objects. This involves a lot of coding, which Alex is a pro at. 



Hugh is improving the capability and reliability of our cyclorotor. Hugh has eliminated a gear, which should make the cyclorotor last longer and run quieter. In doing so, he has also switched to a bigger motor that will increase cyclorotor thrust and allow Astria to operate in more weather conditions. 

The rest of the team has been field-testing the active thermography sensor, improving Astria’s flight control system, speaking with potential customers, working on grant applications, and more. Keep an eye out for more updates soon!

Pitch Aeronautics featured in video by StartUp Selfie!

about 1 month ago

Pitch Aeronautics was featured in a video by StartUp Selfie.

You can view the video below, share it on Facebook here, or on Instagram here!

$26.5B for bridge repairs!

about 2 months ago

Did you know that over 40,000 bridges in the United States are considered structurally deficient? Almost half of all bridges were built over 50 years ago. The Department of Transportation recently announced a massive investment effort to repair these structurally deficient bridges. In all, the Federal government will provide $26.5B over the next five years to state governments to address 15,000 bridges in poor condition. This represents the single largest bridge investment since the creation of the interstate highway

Pitch Aeronautics plans to be at the forefront of this massive effort by providing a drone capable of inspecting deficient infrastructure. This will help states identify bridges which need the most attention. Whether through our active thermography sensor which can detect subsurface cracks and delamination, or our crack characterization sensor which can quickly and accurately characterize cracks within concrete, Pitch has much to offer in this rapidly growing field. Learn more about the Government’s commitment to repairing bridge infrastructure here.  

 

Pitch Aero awarded $98K State of Idaho grant in partnership with BSU

about 2 months ago

Pitch is proud of our research partnership with Boise State University (BSU) and excited to announce that the State of Idaho has awarded us a $98K IGEM grant! This grant will be used to continue advancing Astria's positioning system and the crack-width measurement sensor. It will fund graduate students, student interns, and professors to continue working on the project. It is our third IGEM endowment and we are thankful for another vote of confidence from the State of Idaho and the opportunity to strengthen our research effort with BSU. 




Pitch Aeronautics drone featured in New Atlas!

about 2 months ago

Pitch is excited to be featured in New Atlas! Check out the full story here!

 

Field testing updates: Sometimes making a better drone requires crawling around in the dirt!

2 months ago

This month our team visited several Idaho bridges for field testing of our active thermography sensor. This sensor uses halogen lamps to heat the exterior of a surface and then a high-resolution thermal (infrared) camera to watch how the surface temperature changes over time. Heat flows through objects with and without subsurface defects differently which is reflected in surface temperature variations. We use a computer and specialized algorithms to find the underlying defects from these changes in surface temperature. Have you ever seen condensation or frost form on some parts of a car's hood, but not on other parts? The components and insulation under different parts of the car's hood change the surface temperature of the hood and whether or not frost or condensation forms. Active thermography uses a similar principle but is faster and more accurate because halogen lamps heat the surface.


We are excited to be working on local bridges following our extensive lab testing. We have been working with the county highway department and they recommended several bridges with known defects. Here are a few images that show us finding real defects on Idaho bridges:





Time-based bonus shares are closing soon!

2 months ago

Invest in the next 24 hours to take advantage of our Early Bird perk and receive bonus shares before it’s too late!

Learn the perks of being an early investor!

2 months ago

It’s not too late to take advantage of campaign perks. Investors who invest in the first two weeks of the campaign are eligible for Early Bird bonus shares!

 

Week one bonus shares are closing soon!

2 months ago

Week one bonus shares are closing soon! Only 24 hours remain to get our week one Super Early Bird bonus shares. Invest now before it’s too late!


What a way to end our first week: $185k+ raised in 4 days!

3 months ago

Thank you to everyone who has invested over the past 4 days. We are overwhelmed by your support!


Pitch Aeronautics featured in Drone Radio Show!

3 months ago

In case you missed it, Pitch Aeronautics was featured in the Drone Radio Show podcast. Click here to listen to our co-founder, Dr. Zach Adams, explain how our drone technology has the potential to revolutionize the drone industry.  


Only 24 hours remain to get our Friends and Family Early bird perk!

3 months ago

Don’t miss your chance at early bird bonus shares.  Invest now!

$40k raised in less than 12 hours!

3 months ago

We are overwhelmed by the support of our day 1 investors! Thank you so much for your backing and belief in our mission. If you haven't invested yet, it's not too late to take advantage of our 72 hour Friends and Family Early Bird reward for 20% bonus shares.



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