Morton Sunshine
Hollywood, FL (USA)
Role(s):
Founder/Owner/Principal
Search & Rescue Devices, Inc
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Startup
Location:
Hollywood
Industry:
Engineering
Year Founded:
2008
Number Employees:
10-50 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
Our company has a patent on electronic flares (EF) used as search and rescue products. Our electronic flares have been tested and approved by the US Navy for the purpose of replacing dangerous pyrotechnic flares. We have an additional patent pending for the next generation of electronic flares. The company has a purchase order on hand from a worldwide distributor. The USCG will mandate the use of electronic flares by US Military forces, US boating, airline industries and similar worldwide entities. Our business plan shows we will have a 5 year accumulated pre-tax cash flow of $13,076,911. Boeing Will use our EF-10 on their CTS-100 crew capsule the replacement for the Shuttle. This opens the door to our EFs as the best products available, and will put us in position to capture a big part of the word wide market. We are excited.