Kobus Koster
Witbank (ZAF)
Role(s):
Founder/Owner/Principal
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Startup
Location:
Witbank
Industry:
Other
Year Founded:
2023
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Incorporated Outside United States
Description:
Seeking $1M Pre-Seed for Drone Inspections, Search & Recoveries. A Startup that will outfit all-terrain mobile units for Drone-based Services on Land, Air, above and below Water. Targeting the $50 billion commercial Drone market, serving utilities and industry with inspections, search and recoveries, while reducing costs by 50%.
With 20 years automation and industry experience, I’ll execute all operations through to Year 6, leveraging certifications and automation tools. Seeking $1 million for a Minimum Viable Product, and targeted marketing. Offering investors an initial 60% profit share reducing annually to 30% in Year 5, and ~$1M equity return by Year 6. At which time we negotiate possible new funding for expansion with new Ownership/Share.