Question 1

Hi, I have bought several HAVN products (as far back as when the company was called Spartan), but the market for RF-resistant clothing is still fairly niche. What is HAVN doing to expand that market? Are efforts underway to bring down the cost? What about expansion into other ...

Accepted Answer

Hi Andy, Apologies for the delay in replying—I missed the question section on Wefunder. Thank you for your support over the years—it’s incredible to have customers who’ve been with us since our Spartan days! You’re absolutely right that the market for EMF-blocking clothing is emerging but rapidly growing. With over 50% of Americans believing EMFs are harmful and 20% actively seeking ways to reduce exposure, awareness surrounding EMF-related health risks is already on the rise—and we’re workin...

Question 2

Hi, Congrats on what you achieved so far. I see that revenues were $2.9M in 2021 (older form-c), reduced to $2.4 in 2022 and back to $2.9M in 2023. What's the reason for the dip, seems the growth stagnated. I remember your response on Republic ( I am an investor through republ...

Accepted Answer

Hi Krishnan, Apologies for the delay in replying—I missed the question section on Wefunder. Thank you for your continued support and for being an investor through Republic—it means a lot to us! The decrease in 2022 was primarily due to supply chain disruptions and a shift in our marketing strategy as we worked to optimize long-term scalability rather than focusing on short-term revenue growth. This period was critical for laying a stronger foundation for the business, including improving our ...

Question 3

Revenue per employee looks like there are six employees; Are those the same six shown here on the company overview page? If so, does that mean all the manufacturing is done by contract labor?

Accepted Answer

Hi Jeremy, Yes, the six employees referenced include the core team managing operations, marketing, product development, and customer support. Manufacturing is being done with B Corporation-certified manufacturer. This partnership reflects our commitment to working with organizations that uphold the highest standards of sustainability and ethical practices, ensuring high-quality production while aligning with our values. Let me know if you’d like more details about our manufacturing processes ...

Question 4

Thanks for your previous reply. I understand your products are aimed at the market for RF-protective clothing, but have you also looked into products intended for protection against ionizing radiation? For example: https://pmc.ncbi.nlm.nih.gov/articles/PMC7878484/. The airline...

Accepted Answer

While HAVN’s primary focus is on mitigating the risks of non-ionizing electromagnetic fields (EMFs), such as those emitted by cell phones, Wi-Fi, and 5G, we recognize the critical need for solutions addressing ionizing radiation exposure in industries like aviation and the military. Our patented WaveStopper™ technology offers a strong foundation for expansion into this area. We are continually exploring new commercial applications especially in the military and aviation industries and advanci...

Question 5

I invested in LAMBS before it was purchased by HAVN

Accepted Answer

Thank you for your early support and investment in Lambs! Lambs recently rebranded to HAVN to reflect our expanded vision of bringing innovative, health-conscious apparel to even more markets. Rest assured, your investment in Lambs remains fully intact and is now part of HAVN's exciting future. This rebranding represents a continuation and growth of the mission you originally believed in. We’re thrilled to have you with us on this journey and look forward to sharing more updates as HAVN grows.

HAVN

The Gore-Tex for EMF protection — 120,000+ customers, 3 Air Force contracts, profitable, 5× growth

$1,323,000

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HAVN

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$1,323,000

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