Get rewarded for investing more into xCraft Enterprises, Inc.:
Approved by all 5 celebrity Shark Tank investors with a deal worth $1.5 million!
xCraft has been featured in multiple major press outlets including VentureBeat, Inc.com, Fortune, Business Insider, MarketWatch, UAS Magazine, Fast Company and TechCrunch.
The global urban air mobility market is projected to reach USD $86.83 Billion by 2035 (Source).
Urban Air Mobility (AKA “flying cars”) is an exciting space that people have dreamed about for decades. From the beginning, our founder's vision has always been to have xCraft move people and things efficiently and autonomously through the vast open airspace. Our plan is to continue to reshape the future of the drone industry right here in the USA.
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xCraft develops technology that powers the future of autonomous flight. With a launch on ABC’s Shark Tank, xCraft has become “America’s Drone Company” creating an arsenal of innovative, patented drone systems that have forever changed the UAV landscape. Now our products are launching into a marketplace full of demand for the solutions we’ve crafted.
xCraft appeared on Shark Tank and was approved by all five celebrity investors. Following our debut on the show, we were featured in multiple major press outlets including VentureBeat, Inc.com, Fortune, Business Insider, MarketWatch, UAS Magazine, Fast Company, and TechCrunch.
We’ve raised over $4.3M from previous crowdfunding campaigns and now have more than 5,000 existing shareholders. Recently, we developed a USA-Built multirotor with a 2Kg payload for DoD and tactical operations and delivered drones to the US Air Force Academy for UAS training. We also added an aviation pioneer and founder of Scaled Composites, Burt Rutan, to our Advisory board.
And lastly, when it comes to our sales - purchase orders have already exceeded
$6 Million.
Drones expand the reach of the human race, enabling us to quickly deliver life-saving medications, search and rescue more efficiently, safely spot wildfires, and even communicate in areas without cellular reception. But, prior to xCraft, there was a gap in the market for high quality UAV that fly extremely fast and far, while communicating with their counterparts.
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xCraft's patented technologies are taking the drone industry to new heights. Our team provides valuable products to critical markets such as agriculture, defense, public safety, mining and construction. xCraft's unique drones are designed to outperform our competitors. These technologies, among others still in development, will also be used in the Urban Air Mobility (UAM) market.
As markets reach new heights, xCraft is partnering with companies in various industries to solve real world problems.
Public Safety
xCraft is committed to providing state-of-the-art technology to improve public safety. Our current solutions include the PANADRONE, SHADOW, MATRIX SE, and the NANO ONE.
These drones are becoming an invaluable tool in firefighting, rescue services, and law enforcement. This incredible aerial imaging technology is being used in more industries every day, but its value as a safety tool is also starting to be widely recognized.
Whether employed in disaster response or as part of a search and rescue mission, the many benefits of using drones are clear. Models like the xCraft Panadrone can quickly scan wide areas, record threats using high-resolution imagery, and give first responders immediate data to work with when allocating personnel and resources.
Combined with other technology such as thermal sensors, drones can also locate missing persons in remote locations in a fraction of the time it would take an on-the-ground search-and-rescue crew.
Surveying & Mapping
The geospatial industry is constantly looking for ways to improve data collection and accuracy. The addition of new UAV technology has become a mainstay factor adding to the speed of data collection and pinpoint accuracy.
xCraft technology harnesses the advancements of data collection sensors and the GNSS (Global Navigation Satellite System) to deliver high-quality mapping and surveying results. Our long-range, fully autonomous UAV platforms are pushing the edge of UAV technology in the Surveying and Mapping industry.
Defense
xCraft strives to support the military with low-cost, rugged, and simple drone operations to successfully support a large spectrum of conflict.
These operations can support:
In addition, we secure greater interoperability among system controlled communications, data products, data links, and payloads/mission-equipped packages on UAV.
xCraft UAV capabilities and new developments in technologies enable missions to be more effective with reduced risk. xCraft designs, implementation, and development of UAVs can significantly augment a mission’s outcome. The reduction of casualties is our main focus; we have minimized the soldier’s workload, vulnerability, and exposure to the enemy.
Mining & Construction
The use of mining drones has revolutionized the way large mine sites and quarries oversee their operations. Unlike traditional surveying methods, our drones are able to provide exceedingly quick and accurate data across a large territory. This dynamic, real-time data collection also facilitates communication between workers on the ground and management at other sites.
Our drones are equipped with downward-facing cameras that are able to capture highly detailed images of a mining site from a variety of angles. The resulting models and images allow precise calculation of stockpile values and the amount of material that can be moved. Additionally, these images help managers pinpoint safety concerns that might affect workers at any given work site.
While our drones thrive in mining and surveying capacities, they can provide immense value across multiple verticals. In fact, the Panadrone, is a fully autonomous tethered “drone-in-a-box” that can fly up to 400 feet and remain airborne for 24+ hours. This system, which features an aerial camera and pop-up mesh network for communication, will be used by one of our customers to survey disaster areas.
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In addition to Panadrone, our innovations have the ability to hit major markets in diverse industries.
Here’s a look at the rest of our product pipeline:
The innovative solution for surveying and mapping
Everything you need to begin capturing high-res mapping images is included in the MATRIX RTK Package. We designed the MATRIX RTK to be a one-stop solution for surveyors and engineers. We have developed a GPS bay station to be used alongside the MATRIX RTK to achieve autonomous route precision down to centimeters.
We are currently developing an image stitching software that would allow high-res mapping images taken during a flight to be stitched and processed in a fraction of the time it takes currently.
Bringing state of the art surveillance to security and defense departments
Providing the modern foot soldier with an ultra-portable, immediately deployable EO and IR micro UAS for real-time situational awareness. The xCraft NANO ONE is a rugged, American-Made platform with extended 30-minute endurance and best-in-class wind and rain tolerance. Simple and intuitive operation in GPS or GPS denied Environments, Auto Return, and Lost Link failsafe features preserve mission success when it matters most.
xCraft’s Shadow V2.0 is a portable, unmanned aerial system capable of 24hr+ tethered flight at altitudes of up to 100ft.
The UAS optionally integrates seamlessly with a secure Rajant Mesh communication network as a relay node and offers real-time streaming HD video, making it a valuable asset for any situation requiring secure pop-up surveillance and/or communication.
Set up is as easy as plugging in the 120/240VAC tether and sending the launch command through the controller. Pre-loaded flight stabilization software keeps the UAS hovering above the launch point at a fixed altitude, adjusting for wind (up to 30 knots or 34 mph) and light rain. When the mission is complete, a simple “land” command transmitted through the controller returns the UAS to the ground, where it can be unplugged, packed, and ready for transport in minutes. The system includes an emergency backup power system that will safely return the UAS to the ground in the event of a primary power system failure.
Five Pound Payload. American-Made Workhorse.
The MATRIX SE is powerful and efficient. It comes with a SUI Controller and Android tablet. Depending on what you need, the Matrix SE has options. Easily swap payloads to meet your desired outcome. 4K camera with 3.5X zoom, LIDAR, Thermal, IR, EO, and Multispectral payloads are available.
Maximizing scouting efficiency and accuracy
For quick and thorough surveying and scouting, we recommend the Maverick Mapper. It can autonomously map a 40-acre area in a quick, 25-minute flight. The Mapper comes with a Skydroid controller that’s compatible with any iOS or Android phone or tablet.
At xCraft, we are on a mission to develop powerful flying robots that change the world. Our vision is to better the planet and bring value to people’s lives by cultivating love, personal fulfillment, and innovation. We take pride in being leaders in American technological innovation, as we strive to surpass our customers’ expectations, while delivering undeniable value. We expect excellence, measure by results, and value character as a core trait in each of our team members.
xCraft has proven its staying power, after nearly 8 years of disrupting the drone industry. Our innovative, patented drone technology is outperforming our competitors and solving some of the world’s biggest challenges.
As “America’s Drone Company”, we see it as our mission to bring better, more efficient, life-saving solutions to the drone industry. Over our last Reg A+ campaigns and two Reg CF campaigns, we raised approximately $4.3M which enabled us to develop three new game-changing drone systems. Our company’s investors include over 5,000 shareholders. We hope you’ll join us, too, as we move into our next phase of innovation and continue to bring life-changing technology to the market.
Disclosure on prior Kickstarter & Indiegogo Campaigns: In 2015, xCraft ran a successful Kickstarter campaign and later an Indiegogo campaign for the PhoneDrone. The concept was just what the name implies; it was a drone that carried a smartphone - using its camera, processor, GPS, and cellular connectivity to create an intelligent flying robot. xCraft has been issued patents for this technology.
Although the initial funding went well, the project faced many challenges and delays in delivery, culminating with our manufacturer in China pulling the plug and walking away with almost $300k of our backer’s money. This was a huge blow to a small startup and to our community. We decided to do the right thing; cancel the project and pledge to refund backers. Today, we have already provided many refunds, but the work is not done. We are continuing to refund every single backer. Up to $150k of funds from this raise may go to refunds for those previous campaigns.
Company | : | xCraft Enterprises, Inc. |
Corporate Address | : | 418 E Lakeside Ave Suite 08, Coeur d'Alene, ID 83814 |
Offering Minimum | : | $9,993.60 |
Offering Maximum | : | $4,999,996.80 |
Minimum Investment Amount(per investor) | : | $499.20 |
Offering Type | : | Equity |
Security Name | : | Class B Non-Voting Stock |
Minimum Number of Shares Offered | : | 1,041 |
Maximum Number of Shares Offered | : | 520,833 |
Price per Share | : | $9.60 |
Pre-Money Valuation | : | $48,874,963.20 |
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses**
Previous Backer Bonus:
For any previous backers or investors in xCraft, when you invest in this live offering you will receive an additional 5% bonus shares.
Time-Based:
First 7 Days:
Receive 15% Bonus Shares
Next 7 Days:
Receive 10% Bonus Shares
Next 3 Days:
Receive 5% Bonus Shares
Amount-Based:
$1,000+
Lifetime VIP discount of 10% on all purchases through xCraft*
$5,000+
· Lifetime VIP discount of 10% on all purchases through xCraft*
· 5% Bonus Class B Shares
· 20% discount on Maverick Drone**
$10,000+
· Lifetime VIP discount of 10% on all purchases through xCraft*
· 10% Bonus Class B Shares
· 50% discount on Maverick Drone**
$25,000+
· Lifetime VIP discount of 10% on all purchases through xCraft*
· 15% Bonus Class B Shares
· 70% discount on Maverick Drone**
· Private zoom call with our chief executive officer and one or more of our high profile supporters
* Products may not be purchased for resale.
** All perks occur when the offering is complete. Drones are expected to be shipped following the close of the campaign on StartEngine.
The 10% StartEngine Owners' Bonus
xCraft Enterprises, 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 Class B Non-Voting Common Stock at $9.60 / share, you will receive 110 shares of Class B Non-Voting Common Stock, meaning you'll own 110 shares for $960. 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 only receive a single bonus, which will be the highest bonus rate they are eligible for. Previous Investors who are eligible for the Previous Backer Bonus will receive a cumulative total of bonus shares from that perk and either the time-based or amount-based perks.
Insider Investment Notice
Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.
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.
“We pride ourselves in our ability to quickly adapt to the ever-changing needs of the industry and provide solutions that will make a lasting impact on our world. From the initial concept all the way through the final test flight, our team of engineers and programmers work together to create products that lead the way for future drone technology around the world.”
-J.D. Claridge, Founder, xCraft
xCraft was born out of passion for flight and a desire to change the world.
From the first prototypes of the XPlusOne drone built in JD Claridge’s garage to the industry’s leading tethered drone solution in our modern day, Panadrone - xCraft’s focus has always been solving some of the world's most complex problems. We partner with companies in public safety, survey and mapping, developing tailored applications that solve real-world problems.
When it comes to the xCraft strategy, we believe in two approaches that separate us from any other drone company.
Always Unique:
We don’t believe in taking the traditional quad-copter drone model (a common four-propeller drone design) and forcing it to do a job it’s not suited for. Rather, we start with the desired solution and build a drone that will be optimized for the job. That’s why we’ve experimented with and developed VTOL, fixed-wing, tethered, and mini aircraft, among others, to ensure that we are always providing the most efficient drone for the task at hand.
Fail Fast, Fail Often:
We believe in the mantra, “Fail Fast, Fail Often” and live it out through every phase of the project. If a particular design of ours isn’t going to work, we don’t spend valuable time trying to force it into a use-case it’s not suited for. Rather, we adapt as necessary until the product is exactly what is needed.
It is also why we have such a rigorous testing process, to ensure we are pushing our aircraft to their limits so they are ready for the field from day-one. Field ready. Ready to change the world.
“World changers,” come soar with us! Help us cross our next milestone and join our passion for flight.
Slots are filling up for our Webinar, June 2nd at 10:30AM PST, just a few weeks away! Make sure to register HERE to snag your seat today!
Co-Founder and CEO, JD Claridge, along with Sales Lead, Kenny Stone, will be discussing new products launched-their impact in industries like public safety and survey, sharing our experience with the Sharks, and answering your questions (find the Q and A Form HERE). This is a great opportunity to get your glimpse inside of America's Drone Company!
Dear Investors, Friends, and Members of the xCraft Family,
Join xCraft as we improve the world for all humanity by helping to foster an environment that promotes inclusivity, personal fulfillment, and innovative thinking. Help us continue to break through the UAV industry with leading edge technology, made right here in America. When you invest in xCraft, you’re not only facilitating this cause, you’re becoming a part of history in the ever-growing commercial drone industry.
We need all hands on deck for the next several weeks to help us achieve our goals!
We'd love it if every investor increased their holdings with $499.20 or more before the end of the month.
If you haven't invested yet, now is the time to get in on the action!
Benefits for Investing
$499.20 will get you 52 Shares!!
*Help us complete inventories and staffing goals to meet sales demands.
*Enable launch of new products and partnerships.
*Increase your holdings in xCraft Enterprises, America's Drone Company, and its future.
*Be a part of America's Drone Company.
Rewards for VIP Investors
$1,000+ ~ Lifetime VIP Discount
Lifetime VIP discount of 10% on all purchases through the xcraft.io website *
$5,000+ ~ VIP + 5% Bonus Shares
Lifetime VIP discount of 10% on all purchases through the xcaft.io website * 5% Bonus Class B Shares. 20% discount on Maverick Drone. **
$10,000+ ~ Custom Drone + 10% Bonus Shares
Lifetime VIP discount of 10% on all purchases through the xcraft.io website.* 10% Bonus Class B Shares. 50% discount on Maverick Drone**
$25,000+ ~ Executive VIP + 15% Bonus Shares
Lifetime VIP discount of 10% on all purchases through the xcraft.io website.* 15% Bonus Class B Shares. 70% discount on Maverick Drone. ** Private zoom call with our chief executive officer and one or more of our high profile supporters
This is an incredible opportunity to become part of a global drone market worth $18.28 billion in 2020 and is projected to reach $40.90 billion in 2027!
As America's Drone Company, and we don't want you to let this opportunity fly by. In fact, it is your support that propels us toward critical growth opportunities and enables us to reach important milestones.
It's time to change the world. Let's Do This!
-Team xCraft
Don't miss our our upcoming Webinar, June 2nd @ 10:30AM PST!
Get your front row seat to the xCraft Experience -- Hear what it was like in front of the Sharks, learn more about the products we've launched, and catch a sneak peek of our laboratory. We will be taking your questions at the end so make sure to complete our Q & A Form prior to the event and we'll do our best to answer them live.
See you there!
Introducing the Shadow, Version 2.
Thanks to its tether, this model is capable of continuous flight up to 100 feet. The Shadow is perfect for a fixed security presence or communication relay. It’s easy to fly and includes a backup battery to assure a safe landing even if the primary power source fails.
LAUNCH AND LAND WITH THE FLIP OF A SWITCH
This drone is straightforward to launch and land without a whole lot of calculating and maneuvering. Set up is as easy as plugging in the 120/240VAC tether and sending the launch command through the controller.
When your mission is accomplished, a simple “land” command transmitted through the controller returns the UAS to the ground, where it can be unplugged, packed, and ready for transport in minutes. The system includes an emergency backup power system that will safely return the UAS to the ground in the event of a primary power system failure.
XCRAFT INCLUDES PRE-LOADED FLIGHT STABILIZATION SOFTWARE FOR WORRY-FREE FLYING
The Shadow arrives at your door already equipped with flight stabilization software at no extra cost. Once the UAS is launched, pre-loaded flight stabilization software keeps the UAS hovering above the launch point at a fixed altitude, adjusting for wind (up to 30 knots or 34 mph) and light rain.
The software assures that the drone will remain stable. It is designed to operate for year-round use and comes with a hard waterproof carrying case. The Shadow offers stress-free flying and safe landings every time.
HD CAMERA FOR A REAL-TIME PICTURE
This UAS comes with a built-in 4k RGB camera standard so you can get an accurate picture of an area in real-time. You can also use the controller to pivot the drone to capture different views. The high-definition streaming camera makes it a good option for surveillance and surveying areas of interest.
SAFE AND RELIABLE COMMUNICATION NETWORK
xCraft has teamed up with Rajant Kinetic Mesh, the leader in industrial wireless mesh networks, to offer a drone that can be integrated into a Rajant mesh communication network. This drone is a great option if you’re looking for a UAS that will enable secure and stable communications between teams.
The Shadow Package Includes:
It’s important to purchase your drone from a well-known company with a good reputation. We offer some of the highest-quality and best-performing drones in the market today, and this drone is no exception. The ease of operation, high quality camera, and integrated secure communication system make this an excellent choice for seasoned drone operators and beginners alike!
We are a team of engineers and data scientists by nature. We are obsessed with designing the highest-functioning solutions for the drone industry and we take our jobs very seriously.
The R&D department at xCraft is the most important part of our business and we pour countless hours into making sure our team has everything they need to design the next innovation.
We believe that the future of the drone industry can be found within the 4 walls of the xCraft laboratory. It’s what drives us to deliver our best work every single day and it’s what motivates us through difficult times.
Because when you set out to change the world, failure is not an option.
Help us reach our next milestone by joining us in our mission to make xCraft the world leader in drone technology. Invest today!
When most people imagine a drone, they probably picture a multi-rotor drone. These aircraft feature a number of propeller engines to keep themselves airborne and maneuver around. They are useful for flying a camera over a subject, if only for a brief period of time. These drones are easily accessible and are often seen as the usual entry-level product for anybody looking to get into the world of professional drones.
These popular vehicles use their motors to generate their own power to lift off and start flying. By pushing air downward, they generate the thrust needed to get off the ground vertically with minimal space required and can also hover in place. However, these vehicles use a relatively high amount of energy to keep the propellers operational, meaning they have a shorter operation time and range before they need to return to recharge.
WHAT ARE FIXED WING DRONES?
One alternative to multi-rotor designs is provided by fixed-wing drones. Similar in design to traditional airplanes, these vehicles rely on a wing to provide lift instead of vertical-lift rotors. Once the vehicle reaches a certain airspeed, it is able to generate its own lift from the design of its wing. This allows it to use less power than a multi-rotor drone to greatly increase the distance it is able to operate over.
The greater efficiency provided by fixed-wing drones opens up new possibilities for mid and long-range surveying of an area. However, the lack of vertical movement does provide one drawback during take-off. These vehicles require an initial force, usually from either the operator throwing the vehicle or the use of a catapult, to get airborne. This also requires a take-off area free from obstacles that might impede the drone on its launch.
ADVANTAGES OF VTOL DESIGN
VTOL takes the best out of both fixed wing and multi-rotor design to create a more versatile and functional drone. Featuring both propeller engines and a wing, these vehicles can take-off of their own volition without the assistance of an initial propulsion such as throwing the vehicle. They can also use the wing to fly while using less energy, allowing them to cover greater amounts of ground without needing to land. VTOL Drones like the Matrix RTK are ideal for agricultural, surveying and mapping, oil and gas inspection, and military applications where speed and airtime are critical.
Below, see our original VTOL system go 0-60mph
The increased functionality that VTOL design achieves by incorporating fixed motors and an aerodynamic wing have made them a popular choice among drone enthusiasts. Learn more about how VTOL and other types of drones can help your industry at xCraft today!
With a flying altitude of up to 400 feet, PANADRONE has you covered by capturing high-resolution video and serving as a mesh network node for maximum coverage.
Powerful Autonomy. No Time Limits.
Simple Touch Operation
At the touch of a button, your PANADRONE can be airborne. Simply select your desired altitude on the included tablet and hot the “Launch” button. From there the nest lid automatically opens, the drone launches and hovers at the selected altitude.
All-Weather Drone Nest
The drone nest is an integral part of the PANADRONE system. The nest is essentially a ground-based robot that houses a full automations system, tether power and control system, HVAC, and precision landing beacon.
24/7 On-Site Video Surveillance
Video from the drone is relayed to the tablet via secure Wi-Fi connection or, optionally, over Rajant Mesh. Simple controls allow the operator to change altitude, pan or tilt the camera, and land. A battery backup system ensures a safe return if the nest power is ever interrupted. Camera options include Thermal, Zoom, EO, and IR.
I remember watching The Jetsons on TV as a kid and thinking, why am I not flying to soccer practice like Leroy Jetson! Traveling through the air has been my dream since childhood, which is probably why I got my pilot's license and an Aerospace Engineering degree.
Designing and flying in airplanes wasn't enough though. I wanted to ride in a flying vehicle that just flew itself, taking me wherever I wanted to go, above all the traffic congestion and noise on the ground.
Enter - Urban Air Mobility and eVTOLs (electric Vertical Takeoff and Landing) aircraft. But technology needed to catch up with the dream. Motor, battery, global positioning, electronic miniaturization and mass production has enabled this once crazy idea to finally take flight.
We're just now beginning to see eVTOLs and the Urban Air Mobility Market materialize! Companies like Kitty Hawk, Joby Aviation, Airbus and others have all thrown their hats into the ring. It's exciting to watch this market mature! It won't be long until you start seeing (and maybe even riding in) flying cars that take you to work, to the dentist office, and even take your kids to soccer practice.
xCraft is excited to be part of this growing market! We are developing technology that will enable fast, efficient, and quiet autonomous flight. Stay tuned and don't miss out on your chance to invest in this opportunity.
Get ready for the future!
JD Claridge
CEO and Co-Founder
Well, we've been at it!
Xponential did not disappoint. It’s been a few great days reconnecting with old friends, networking with new friends and seeing exciting emerging technologies.
If you missed it, checkout our update from day two below. Enjoy!
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