allocortech

Hardware and Software Building Blocks for Next-Gen Vehicle Designs

https://wefunder.com/allocortech

Total raised on Wefunder: 358524

Total investors: 226

Quick facts

  • 💸 $1.64MM revenue 2021, 21% overall YoY growth, 55% growth in product sales
  • 💸 $5.3MM revenue since 2018, 200+ product units sold
  • 💫 10+ Vehicles Successfully Tested
  • 💪 Seasoned team formerly from Boeing, Google, Rockwell Collins, Lockheed Martin, & more
  • 💥 We combine innovative products, powerful libraries and tools & design services
  • 📈 Commercial drone market $15B alone, CAGR 20.5%, other markets have interest
  • 💸Eligible for Qualified Equity and Subordinated Debt tax credit for investors with VA income tax.

Team profiles

Featured investor profiles

allocortech

Hardware and Software Building Blocks for Next-Gen Vehicle Designs

Funded badge
Last Funded September 2022

$358,524

raised from 226 investors

What Investors Say

Production Engineer at PEMDAS Technologies & Innovations
LEAD INVESTOR
Invested $25,000 this round
In recent years, the number of innovative ideas for the use of unmanned and/or electric aircraft has grown exponentially. Design expertise and subcomponent availability that would truly make these innovative ideas reality are in very short supply. This is where allocortech shines, and the word is getting out! Pushing past the Hobby and Pro-Consumer grade products that are common in this market space, allocortech has the expertise to quickly design, test and build products that can meet strict reliability and qualification standards. allocortech products can take a newly conceived aerial platform through the design, test and production phase without having to "upgrade" the flight hardware between phases....you can start the development program with production grade hardware greatly reducing the time to market! I've personally worked with several of the allocortech team members over my 25 years of designing and producing avionics equipment. There is no doubt that the allocortech team is seeded with some of the industry's most talented, and they will help steer the unmanned and electric aircraft industry for years to come. So yeah ...I'm in! -Mark Callender
What People Say