Financing Description
Location: New Brunswick
Amount Financed: >$250K
Type of Facility: Grant Financing
Days to Fund: 18
Use of Funds: As the company is early stage, the funds are being used for R&D to enhance the product and get it ready for market. This company is slightly unusual in that they qualified for funding yet do not have meaningful revenue.
Company Background: This organization engineers hardware and software to enhance safe operations for aerial vehicles.