Target Arm Announces Douglas Neugold to Join Board of Directors
By: Target Arm Inc.
At present, Doug is a private investor and Board member of several early-stage technology companies. Notably, he is the Chairman of Univercells, a privately held Belgian group which is an acknowledged leader in the production of low-cost biologic drugs. Prior to his current activities, Doug was Chairman/CEO/
Upon joining the Board, Neugold commented, "It should be clear to most that drones are becoming a more prevalent part of everyday life and are certainly vital in the defense of our country. I found Jeff's vision compelling as it addresses a major unmet need. As a Seed investor, and now as a Board Member, I have watched Target Arm evolve from a very good idea to a powerful and necessarysolution if the drone industry is to achieve all the opportunity in front of it. I believe the future is very bright for launching and recovering drones from any moving vehicle as the US national airspace opens up. This applies equally well to commercial and military use cases."
As a winner on the Most Fundable Companies 2020 from Pepperdine University (Top 14 out of 4500+ submissions)
About Target Arm
Target Arm is a graduate of the 2020 Air Force Accelerator Powered by Techstars, the 2020 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.
Jeffrey A. McChesney