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Fundraising platform Target Arm launches equity crowdfunding initiative

Mobile drone launch system operator Target Arm increases funding to expand operations, bolstered by Defense Department contracts and fresh commercial alliances.

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Equity crowdfunding launched by Target Arm
Equity crowdfunding launched by Target Arm

Target Arm Makes Strides in Drone Technology and Commercial Sector

Fundraising platform Target Arm launches equity crowdfunding initiative

Target Arm, a U.S.-based company specializing in innovative drone launch and recovery technologies, is making significant moves in the industry. Founded in 2017 and headquartered in Ridgefield, Connecticut, the company is valued at $68.8 million and operates within the logistics, delivery, and supply chain sector.

Pioneering Technologies

The company's core technology is the Tular system, a universal mechanical launch and recovery mechanism for drones. This system can be mounted onto various moving platforms, such as trucks, aircraft, and ships, supporting both fixed-wing and rotary drones. Other key technologies include:

  • Ralar: A robotic arm system designed to capture and stabilize returning drones mid-motion.
  • TRACKR: An AI-based sensor fusion engine used to identify optimal launch and recovery conditions.
  • TurboFly: A custom flight control system tailored to integrate with host vehicle dynamics.
  • Maestro: A mission control interface for autonomous coordination between drone and platform.

These technologies work together to create a unified system that automates drone launch and retrieval at speeds up to 65 miles per hour.

Market and Financial Success

Target Arm has secured over $5.35 million in non-dilutive contracts with the U.S. Department of Defense, including awards from the Air Force, Army, Space Force, and multiple SBIR and STTR grants. These contracts have generated $3.65 million in cumulative revenue as of early 2025.

In March 2025, the company made its first moves into the commercial sector, signing a contract with Recon Rig, marking its first private-sector deployment.

As of FY2024, the company reported revenue of $219,098, with a high gross margin of 97% and a monthly burn of $70,339.

Crowdfunding and Growth Opportunities

Target Arm is currently raising growth capital through an equity crowdfunding round on StartEngine. The funds raised will be used to finalize engineering, begin commercial manufacturing of the Tular platform, expand the internal team, particularly in product development, engineering, and business development, and further advance its technology and expand its market presence in both defense and commercial sectors.

Early investor interest is citing the company's dual-use appeal, military endorsements, and growing commercial relevance. As the CEO of Flyeye.io, Jacob Stoner spearheads the company's operations with his expertise in the drone industry.

With its cutting-edge drone launch and recovery systems, Target Arm positions itself well to capitalize on the growing demand for autonomous delivery solutions and battlefield robotics.

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