Allosense delivers an easy user experience for integrating smart sensors and analyzing data. They design and manufacture "always connected" asset trackers that use satellite, cellular, and mesh connectivity. The trackers incorporate a suite of sensors for monitoring high-value assets in real-time.
$5.8B lost - Materiel management processes waste time, money, and intelligence.
• Senator John Cornyn provided a letter of support through DoD Pentagon + Dept of Health contracts
• Allosense is a federal contractor for the Department of Defense and has the following contracts selected: AFWERX SBIR Open Topic 19.3 Phase I ($50K, 3mo, funded); AFWERX SBIR Open Topic 19.3 Phase II ($1.5M, 24mo); AFWERX SBIR Open Topic 20.R Phase II ($1.5M, selected); Air Force Base Standard Contract ($150K pending contract)
• Revenue in 2019: $209,000 with a majority of the revenue from engineering integration services for nuclear fuel rod testers.
• Awards - TECHFUEL Pitch Semi-Finalist 2019, AWS Gameday 1st Place Texas 2019, Geekdom Pre-Accelerator 2020, NewChip Accelerator July 2020, Geekdom Fund Finalist 2019, 2020, Texas A&M New Ventures Semi-Finalist 2020
• Cash in the bank: We currently have $300,000 in the bank with a burn rate of ~$6,600 every week. We can last for about 1 year with our buffer.
