THEGAMER
VRotors Lets You Fly Real Drones And Race Against Others On Twitch
vRotors
The future of drone racing
Corona, CA
Gaming
Software & Services
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!
$0.00
raised
0
Investors
$5M
Valuation
$1.25
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on June 22, 2020 and is no longer accepting investments.
Reasons to Invest
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.
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.
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.
“Drone racing from your home”
video
The Problem
Drone racing is expensive and risky
Drone enthusiasts are forced to navigate a complex landscape of red tape and varying regulations throughout the country. There are laws on the books in some locations calling for drone operators to be arrested for offenses like reckless endangerment and damage to property.
Personal drones can crash!
It’s also prohibitively expensive — top models can run consumers as much as $600.
The Solution
Compete in remote drone racing from home with vRotors
Through our platform we make it possible for racers across the globe to compete against one another in real-time with our real drones located on remote global courses using their PC or VR headset in the comfort of their own home. And being able to race outside from inside the safety of your home is really important these days!
To qualify, players will first show off their racing chops in a virtual simulator for the chance to advance to real remote drone races.
Live remote drone matches on real global courses!
The stream audience gets in on the action through virtual cockpit ride-alongs and custom interactivity on Twitch and Mixer.
video
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The Market
eSports are surging
Global eSports in 2019 reached approximately 443M people. This massive audience, combined with the sustained growth of the video game industry, which reached over $120B in revenue last year, presents a perfectly positioned market primed to fall in love with our twist on gaming and eSports.
Riding on eSports' growing viewership!
vRotors is at the resonating convergence of emerging trends in drones, eSports, and AR.
Our Traction
2020 Startup World Cup Finalist — LA
Since launching our live racing sessions in December, we’ve watched our pilots from around the world turn our concept into a full-fledged eSport. Here is how it worked:
- vRotors team brought real drones to three actual, physical, beautiful ocean and field locations in Southern California
- Streamers at their homes (ie. London, British Columbia) used the vRotors PC application to race those California drones
- In 76 sessions in those physical locations, we hosted 459 race flights lasting up to 6 minutes each from takeoff to landing
“Like something out of a science fiction film…”
(TheGamer, 9/15/2019)
We were selected for the 2019 Aeroinnovate accelerator at the world famous EAA AirVenture airshow in Oshkosh. We were finalists for Techstars Air Force and the LA Startup World Cup, and placed second at the 2019 Burbank Pitch Festival.
What We Do
We bring drone racing into your home
We’ve built a platform for users to engage in fast-paced races against competitors across the world, all of whom are controlling real drones on remote courses.
Bringing reality to eSports!
Using Augmented Reality (AR) overlays on top of our real world remote courses, we give our players the chance to complete goal-oriented missions in real world environments creating an amazing mixed reality racing game experience. Courses will have varying difficulty levels in a variety of interesting global locations across areas sometimes 5-10 acres in size. It may be windy, sunny, or cloudy, that's reality!
The Business Model
We generate revenue through our simulator, viewing subscriptions, and ad partnerships
Any user around the world who wants to take part in our platform can purchase our client application for their PC, Mac, or VR headset to enter simulated races to qualify for real drone tournament races.
For a subscription, viewers will be able to ride-along in the cockpit of our championship races to watch the best in the world compete on real courses sitting right behind the pilots.
Branding virtual course objects to be sponsor ready!
We will also leverage our AR capabilities to nail down in-game advertising opportunities, as well as naming rights.
How We Are Different
None of our competitors have our diverse range of features
While many of our competitors in other verticals have found success in a particular feature or technology, none of them have pulled together all of these features in any way close to our platform. We are the only one in the market to combine remote operation, AR, multi-user team piloting, and VR.
Solving the problem of controlling remote robotic hardware!
The depth of our technological capabilities has led to a team partnership with the University of Illinois and Duke University in the $10M ANA Avatar XPRIZE, with the vRotors platform providing immersion and control of the university-built robotic avatar.
video
The Vision
Expand to host multiple tournaments simultaneously around the world
Join us in rolling out the remaining steps of our Phase I plan to start a new era in consumer drone racing:
- launch streamer tournaments with real, live drone races on courses in Southern California (DONE)
- release simulator version for consumers to demonstrate their racing chops to progress to real, live drone races
- expand race course locations from Southern California to global locations such as Hawaii, Australia, and Dubai
Revolutionizing the eSports, gaming, and drone worlds!
Phase 2 continues the drone racing revolution with a broader global network and deeper community integration:
- host tournaments in multiple locations (ie. Australia and Dubai) simultaneously to increase racer capacity
- open the vRotors authoring tool to community designed and built AR race courses for simulator and real, live drone races
- connect community owned drones to the vRotors platform for players to race real drones in owner selected locations
We can make this happen together with your full support in this campaign. Tell your friends, gamers, drone enthusiasts, and technology fans to come join our mission to create the future of drone racing!
Our Team
Aerospace and gaming professionals united for one goal
Cofounder Neil Malhotra comes from the world of aerospace technology, having worked at NASA’s JPL in deep space trajectory innovation. He’s also a licensed pilot, and the cofounder of Acclaim Games, which was acquired by Playdom (itself acquired by Disney).
Cofounder John Zuur Platten is a veteran of the mixed reality industry. The lead writer on the Jurassic World AR Experience, he has over 30 video game titles under his belt. He also had a hand in the development of a game called Ingress — which eventually became something we now know as Pokemon Go.
Making our vision into reality!
A dedicated team of 3 developers and a 3D artist makes it all happen.
Why Invest
Come fly with us
You have a chance to grab a part of one of the most dynamic and exciting industries in today’s tech landscape, with a company that is dead set on disruption and creativity.
Driving the drone industry's future of widespread accessibility!
We believe vRotors is the best way to bring drone racing into homes around the world.
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In the Press
Yahoo! Finance
Race Real Drones Remotely From Home With vRotors’ Mixed Reality Platform
Biogamer Girl
vRotors Reveals New Mixed Reality Platform Game
Picante
Race Real Drones Remotely From Home With vRotors’ Mixed Reality Platform
Markets Insider
Race Real Drones Remotely From Home With vRotors’ Mixed Reality Platform
Bezinga
Race Real Drones Remotely From Home With vRotors' Mixed Reality Platform
GamingLyfe
RACE REAL DRONES REMOTELY FROM HOME WITH VROTORS’ MIXED REALITY PLATFORM
Invision Game Community
Fly Real Drones and Battle Enemies with vRotors
Esportz Network
The Future of Virtual Reality Esports With vRotors Neil Malhotra
Offering Summary
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.
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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$18,900.00
USD
$0.00
USD
Cash And Cash Equivalents
$18,900.00
USD
$0.00
USD
Accounts Receivable
$0.00
USD
$0.00
USD
Short Term Debt
$76,245.00
USD
$6,138.00
USD
Long Term Debt
$0.00
USD
$0.00
USD
Revenues And Sales
$93,190.00
USD
$0.00
USD
Costs Of Goods Sold
$145,392.00
USD
$0.00
USD
Taxes Paid
$0.00
USD
$0.00
USD
Net Income
-$53,207.00
USD
-$6,138.00
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
vRotors selected by the 2020 Techstars Space Accelerator!
over 1 year agoWith 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://dot.la/heres-the-2nd-class-of-techstars-starbust-space-accelerator-2646164360.html
Easter Drone Racing With 100 ft Tall Eggs... and other updates!
over 1 year ago
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!
Thanks for your early support!
over 1 year agoThanks 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!)
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