Target Arm Completes the Air Force Accelerator Powered by Techstars

A partnership to increase engagement between commercial startups and the U.S. Air Force, designed to bring innovations into the market as fast as possible
 
 
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Tag:
* Drones

Industry:
* Aerospace

Location:
* Ridgefield - Connecticut - US

Subject:
* Sponsorships

RIDGEFIELD, Conn. - July 20, 2020 - PRLog -- Target Arm is pleased to announce our graduation and Demonstration Day from the Air Force Accelerator Powered by Techstars on May 14th, 2020. Our Demonstration Day is the culmination of 12 weeks of extremely intensive work, reflection and refinement of Target Arm's business model and value proposition. The competitively selected 10 cohort companies presented online to hundreds of interested investors from across the globe, followed by Questions and Answers in private chat rooms.

"This was an amazing program for Target Arm. In retrospect, we likely cut 2 years off our development cycle as a fast-paced early-stage company. Warren Katz, the staff and all the mentors were simply top-notch. Upon completing this intensive course load, we couldn't be better positioned to continue building out our business," said Jeff McChesney, CEO & Founder of Target Arm.

The Air Force Accelerator has three main phases. The first, Mentor Madness, is where each company is introduced to approximately 100 mentors (industry experts, academicians, Venture Capitalists and other successful entrepreneurs). The second is Customer Discovery, where each company has to contact at least 100 people within their prospective markets, to gain insight and then to validate their value propositions and market assumptions. The last portion is Marketing, where each company refines its messaging and value propositions, culminating in a Demonstration Day to the investment community and other interested parties.

Ryan Bigham, VP/Lead Engineer and Co-founder said, "unfortunately, our Customer Discovery was directly impacted by the onset of the Coronavirus pandemic, forcing our very intense face-face program to immediately migrate into an online forum in literally one day. In retrospect, the Techstars team and each of the cohort companies made a remarkably fast transition to the online environment, including a virtual Demo Day. It was an amazing performance by everyone."

Target Arm Inc. is a Connecticut-based firm that produces Tular, a patented device that enables rotary and fixed wing drones to be launched and recovered from any moving vehicle autonomously, and even during windy conditions. Target Arm, a SDVOSB, provides both military and commercial solutions with the exact same device for drones on-the-move. Target Arm is a graduate of the Air Force Accelerator Powered by Techstars, the Endless Frontier Labs Accelerator and is a resident at the MassRobotics incubator in Boston. To learn more about Target Arm, visit https://www.targetarm.com.

Contact
Jeffrey McChesney
jmcchesney@targetarm.com
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Tags:Drones
Industry:Aerospace
Location:Ridgefield - Connecticut - United States
Subject:Sponsorships
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