Target Arm Graduates from the Endless Frontier Labs (EFL) Accelerator Program

An NYU Stern School of Business program, EFL is Transforming Breakthrough Science into High-Growth Businesses
 
 
Tular Rotary Wing
Tular Rotary Wing
 
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Drones

Industry:
Aerospace

Location:
Ridgefield - Connecticut - US

RIDGEFIELD, Conn. - July 20, 2020 - PRLog -- Target Arm announces our graduation and Demonstration Day from the Endless Frontier Labs accelerator program on May 15th, 2020. This Demonstration Day ends an exceptional program run by EFL and the NYU faculty. This was an 8-month long program designed to test the focus, determination and efficacy of all early stage companies within the cohort. EFL is a non-dilutive accelerator tied closely to the MBA programs within NYU's Stern School of Business.

There were two tracts, one for Life Sciences and the other, which Target Arm was in, called Deep Tech. Each tract followed the same format but with differing experts for critical feedback and guidance.

Target Arm's CEO and Founder Jeff McChesney stated, "This was another exceptional program for Target Arm to participate in. The program consisted of 5 full-day sessions, separated by 8 weeks. Each full-day session starts with five face-face meetings with 2-4 mentors/VCs/academicians/entrepreneurs in each meeting. Then in the afternoon, each participating company gives a 1-minute update on their progress meeting their three primary goals, followed by a 9-minute Q&A from the entire group of mentors/VCs/academicians/entrepreneurs in a lively and free-wheeling forum."

At the end of each session, each company then resets their goals for the next 8 weeks and then gets back to business.

"But it doesn't stop there, EFL is all about performance. If you don't make your goals, you're out. As a result, we were initially assigned one MBA student, and then a second, and finally a third. These MBA students were a tremendous asset to our team and a secret benefit to being in the program."

During the eight weeks, Lead Mentors and EFL have regularly scheduled calls to continue to provide support for acceleration and goal attainment.

"I loved the program and am proud to be an EFL alumni. Unlike many other programs, we gained deep and enduring contacts with everyone involved with the program."

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
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