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This business seeks to manufacture industry grade drones to be used in security related surveillance missions. The target market is security companies in South Africa and the rest of Africa. Security companies will want to add drone based surveillance missions as part of their service and they will need a ruggedized drone to withstand the adverse operating conditions that may be faced which also has to have specialized security mission software.
The competition in this sector is limited and thus there is a lot of long-term growth and sustainability for the business. The business sells the drones, mission software and provides advanced pilot training to clients. The business is a registered drone pilot trainer and operator and has licenses with the relevant regulatory bodies in South Africa.
The business is seeking investors whose capital will contribute to the R5 million needed to build drone manufacturing facilities that will allow the business to deliver on the demand. The business is valued at R50 million and so the R5 million required will correspond to 10% equity in the business. The minimum contribution is R500 000. The business is aiming to turnover R500 million per year in five years’ time giving it a R1 billion valuation.
The business can supply security companies in South Africa and Africa. With growth from year to year it can eventually supply the world.
None in South Africa
Equity Sale to raise finance for building facilities for mass production.
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