H4XLabs Navy Launch Cohort Testimonials
Kalyan Gupta, Knexus Research Corp.
10 - I would highly recommend the program to a friend or colleague
Folks at H4xLabs are extremely knowledgable and experienced in market development and raising capital. I learned a ton talking to Steve.
Jon Herlocker, Tignis
10 - I would highly recommend the program to a friend or colleague
The large capital infusion without the normal paperwork and bureaucracy. Advisory support has also been excellent.
Kyle Johnson, Texas Research Institute Austin
9 - I would highly recommend the program to a friend or colleague
The cohort helped clarify to our team where we stood with our own product. Significant discovery work was needed and we weren't prepared for sales at the time.
After the program
Funds raised
Company A: $7,200,000
Company B: $6,000,000
Company C: $2,125,000
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Key updates from the cohort:
Our prior SBIR work on mission planning is being prepared for transition. We presented our work on plan model learning at the Navy transition market place. Together they are getting written up by STP organizers for a newsletter/press release.
Organic expansion in our first semi account to two new tool opportunities.
Negotiating our first license agreement for semi tool embedded.
Discovery work is ongoing. The material formulation has been finalized. Acoustic and material testing is being performed to confirm properties for improvement of technical data sheet. Quotes have been procured for scaled up manufacturing equipment from two vendors.
We produced the product we intended and delivered 3 of them so far to 2 different government groups. We are actively working to grow our sales both within the government and commercially.