- Oct. 16, 2020
-- Target Arm Inc. is thrilled to announce that it was competitively selected to the Pepperdine Graziadio Business School's
third annual Most Fundable Companies® Lis
t. Target Arm competed against over 4,500 early-stage U.S. startups
spanning all 50 states, all with less than $10 million in annual revenue to be named as one of the twenty winners
. The Most Fundable Companies initiative is designed to educate founders on the investor diligence process and recognize exceptional entrepreneurs who are solving today's problems with inventive solutions and are also seeking investment capital to fuel their company's growth.
Target Arm is an ultra-leading-
edge platform manufacturer in the Drone Industry. While not a drone a company, Target Arm builds a device (Tular) that enables launch and recovery of both rotary and fixed-wing drones from any moving vehicle, train, plane, truck or ship, and even during windy conditions. Tular is dual use
, working equally well for commercial applications (package delivery, Oil&Gas inspections, energy, windfarms, first responders, etc.) and for military applications.
"We've been focused on transforming the drone/UAV industry with the ability for launch and recovery from any moving vehicle, plane or ship; thereby, achieving the vision of having our physical world connected to us while moving, much as our digital world is now. The Most Fundable Companies initiative provided us with a data-driven analysis that has enhanced our company strategy and has already been incorporated into our fundraising activities,"
said Jeff McChesney, CEO & Founder. "It's extremely validating that Pepperdine Graziadio Business School is recognizing entrepreneurs throughout the country, and providing resources to assist startups in securing private capital to accelerate meaningful innovation across industries and communities."
The Most Fundable Companies initiative involved an extremely rigorous multi-phase assessment that evaluated several company variables including financial projections, market opportunity, intellectual property and the strength of the management team, all of which were used to produce a fundability score. The Pepperdine Most Fundable Companies were evaluated and selected based on their readiness for private investment. Most Fundable Companies is powered by The Venture Alliance.As a winner on the Most Fundable Companies List, Target Arm will be profiled on Entrepreneur.com and will be featured in the December print issue of the Entrepreneur magazine
. For a complete list of the winners, visit www.pepperdine.edu/mfc-list
, where you can also vote for Target Arm as the "crowd favorite" through November 1.
The Pepperdine Most Fundable Companies list does not represent an offer to sell securities. It does not constitute investment advice, nor is it an endorsement of any particular product or service. Pepperdine University is not a broker-dealer and does not perform services provided by a broker-dealer, including but not limited to any financial or investment advising.
About Target Arm
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, an 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