GPS Devices Business Investment Opportunity in Tel Aviv-Yafo, Israel
Innovative offline GPS navigation system for civil and military applications.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | GPS Devices + 1 more |
| Locations | Tel Aviv-Yafo |
| Local Time | 1:23 PM Asia / Jerusalem |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
250 thousand
for
25.0%
stake
(Native Currency: USD 250,000)
Reason: The investment will go towards the final prototype design and manufacturing of the first batch of pr...
View More
Interested to connect with advisors
Documents
Executive Summary
(27.9 KB)
Firm Owned by the Promoter - 1
(398.1 KB)
Firm Owned by the Promoter - 2
(2.0 MB)
Business Overview
- Have built a novel offline navigation system that can be used as a backup to traditional GPS devices.
- The system can be used for navigation where internet and satellite coverage is limited or does not exist.
- Can be used for both military and civil applications.
- At present, the IP is held personally by the promoter and has not been registered.
- Patents for the technology are yet to be filed and the company is yet to be registered.
- Over 3 years of R&D work has already been done and we have built and tested all the working blocks.
- Seeking capital to build the final prototype and begin production.
- The final product will be the size of a tablet (13" x 15") and will be able to integrate with land, sea, and air vehicles.
- Have already received interest from a private military technology contractor.
- The final prototype is expected to be completed within 6 months of securing funding.
- A new company with the investor as a shareholder will be incorporated in the US as it represents the largest market for our product and we intend to supply to the military in US.
- The system can be used for navigation where internet and satellite coverage is limited or does not exist.
- Can be used for both military and civil applications.
- At present, the IP is held personally by the promoter and has not been registered.
- Patents for the technology are yet to be filed and the company is yet to be registered.
- Over 3 years of R&D work has already been done and we have built and tested all the working blocks.
- Seeking capital to build the final prototype and begin production.
- The final product will be the size of a tablet (13" x 15") and will be able to integrate with land, sea, and air vehicles.
- Have already received interest from a private military technology contractor.
- The final prototype is expected to be completed within 6 months of securing funding.
- A new company with the investor as a shareholder will be incorporated in the US as it represents the largest market for our product and we intend to supply to the military in US.
Products & Services Overview
An offline global positioning system devices for the navigation of air, sea and land vehicles of all types, completely independent from the internet and satellite networks working offline.
Facilities Overview
Home based research and laboratory for technological development devices.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPresident, Import/Export, Montreal, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCo Founder, Software, Yehud-Monosson, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, IT Services, New Delhi, Corporate Investor / Buyer connected with the Business
Tags:
Geospatial Technology Business Investment Opportunity in Tel Aviv-Yafo, Israel
·GIS Solution Business Investment Opportunity in Tel Aviv-Yafo, Israel
·GPS Devices Business Investment Opportunity in Tel Aviv-Yafo, Israel
·Invest in Geospatial Technology Business in Tel Aviv-Yafo, Israel
·Invest in GIS Solution Business in Tel Aviv-Yafo, Israel
·Invest in GPS Devices Business in Tel Aviv-Yafo, Israel
·Geospatial Technology Business Investment Opportunity
·Investment Opportunity in Tel Aviv-Yafo, Israel
·GIS Solution Business Investment Opportunity
·GPS Devices Business Investment Opportunity
·Invest in Geospatial Technology Business
·Invest in GIS Solution Business
·Invest in Tel Aviv-Yafo, Israel
·Invest in GPS Devices Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
