4Gen Technology Group, Inc.
4Gen Technology Group is solving critical military training deficiencies by combining innovative technological solutions with tactical and operational expertise.
Anti-Tank missiles are expensive. So expensive in fact, that many militaries do not train with their Anti-Tank weapons systems. Even in the US Armed Forces, many Anti-Tank Missile Crewmen’s only experience firing a live missile is in actual combat. Anti-tank live missile training is one of the biggest training deficiencies for US Forces and our allies.
The TOWMATE allows soldiers to train and practice using the TOW missile system more frequently and at a drastically reduced cost. This eliminates a significant operational deficiency of numerous militaries world-wide.
TOWMATE is an in-bore training device for the TOW heavy anti-tank missile. The device is a match-grade bolt action in-bore internally recoiled rifle that fires NATO standard .50 caliber ammunition and/or SLAP-T. It forces TOW gunners to acquire and engage targets on a live-fire range in a manner nearly identical to firing an actual missile. The device is also equipped with an anti-tank weapons effect simulator that replicates the blast and obscuration that occurs when firing a live missile.
There are over 15,000 TOW missile platforms in service both in the U.S. and abroad. It is a part of the arsenal for fifty militaries worldwide.
We have no known competitors. The device is patented in the US. Aside from simulators or laser-based systems, the only substitute is the current cost-prohibitive method of firing missiles during crew training certification.
4Gen Technology Group generates revenue through direct sales to both domestic and foreign customers complemented with customer logistics, support. and training. In some countries, we will require the assistance of an agent to facilitate transactions.
We have already received serious interest from the US Army, the US Army National Guard, Egyptian Military, and Saudi Arabian Military. Experts at the US Army’s Bradley Master Gunner School have advised 4Gen throughout product development. We will approach each customer concurrently, demonstrate the device at a time/place of their choosing, and proceed with sales.
Success so Far
Marketing and Data Visualization
Brown Brothers Harriman tasked us with helping develop a tool used by their marketing team for creating reports, and analyzing data across dozens of data sources in a concise and easy to understand manner.
4Gen is working with leadership across Warner Bros. to develop predictive analytics tools they will use to help guide future business decisions.
Our team of three possess over 35 combined years of military experience and operational expertise combined with a high level of business and engineering acumen.
Jacob served in the Marine Corps for 5 years and worked as a member of the technical staff at MIT Lincoln Laboratory on rapid prototyping projects for the government and government sponsors. His background in electrical engineering specifically on military tech combined with positions at VC firms and Hedge funds along with his passion for this space positions him well to lead 4Gen to success. MBA from Booth, MS in EE from BU, BS in EE from UIUC.
While working full-time and going to school full-time he managed to support and care for his mother as she suffered with pancreatic cancer all while raising his twin boys. He successfully finished his master’s while taking care of her, all while being promoted at MIT Lincoln Laboratory.
Tim is a retired Marine Armor Officer with decades of experience in training and employing armor and anti-armor systems. He is an expert in government contracting and the execution of foreign military sales with associated logistical support. He has an extensive network both in the US and abroad that will immediately add value to 4Gen’s efforts.
Will spent 6 years with the US Navy specializing in leading teams through counter-piracy training and maritime security operations. He coordinated bi-lateral training exercises with international militaries, including United Arab Emirates, Philippines and Kuwait. Upon finishing his career with the Navy, he earned a master’s degree from Northwestern University and an MBA from the University of Chicago while participating in an entrepreneurship fellowship and serving as the Chief of Operations for a healthcare startup. Most recently, he spent time as an associate for the M&A group at Aon, conducting due diligence and post-deal integration for deals ranging from $8mm to $360mm.
Be a part of 4Gen Technology Group, Inc.
This is an offering of Common Stock, under registration exemption 4(a)(6), in 4Gen Technology Group, Inc.. This offering must raise at least $10,000 by May 17, 2018 at 11:59am ET. If this offering doesn’t reach its target, then your money will be refunded. 4Gen Technology Group, Inc. may issue additional securities to raise up to $107,000, the offering’s maximum.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
1,107,000 shares × $1.00 per share = $1,107,000 implied valuation
The funds raised will be used for marketing our product and for refinement of our prototype.
To get our prototype phase I ready we need about $20,000 for material costs and labor. We also need working capital for transport of the device along with other costs related to traveling, in order to visit potential clients. Since our phase I device will be sold primarily to foreign governments, we expect to incur significant logistic and transportation costs in order to get our system into their countries.
Most other expenses will not occur until we have secured our customers and they have confirmed orders. Once we have orders we will have manufacturing, assembly, testing, storage, and delivery expenses. Overall, first year expenses will be low, except for patent/IP procurement ($350,000) and the items listed above.
4Gen Technology Group, Inc.’s SEC filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
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The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.