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“Last mile delivery is both the most expensive and time-consuming part of the shipping process.”
Same day delivery that doesn’t break the bank - that’s every retailer’s dream. The fact is, store owners must have high-speed order fulfillment if they are going to successfully compete with Amazon.
The problem is the last mile of delivery to the consumer’s doorstep is so expensive! The cost of that final leg of the journey represents more than half of total delivery expense. Meanwhile, with traffic and so many stops to make, it just takes too long for packages to arrive at their final destination.
Instead of using gas-guzzling trucks that have to weave in and out traffic and struggle to find parking, why not use drones to deliver packages directly to consumers? Bypassing traffic congestion and other obstacles, drone delivery is quick, affordable, and energy-efficient.
Delivering by drone could also save retailers big dollars. According to research done by the MIT Center for Transportation & Logistics, stores could save 30% on delivery costs by switching from trucks to drones. Meanwhile, McKinsey estimates that cost savings could be as high as 40%.
“Drones provide an avenue for cost reduction... which will drive widespread adoption in the coming years”
Deuce Drone solves the last mile delivery problem for “brick and mortar” retailers by enabling drone shipment from existing stores. Leveraging clients’ current infrastructure, we design, build, and operate drone delivery systems, transforming retail stores into customer fulfillment centers. Deuce Drone provides a cost-effective, technology-driven solution for same-day delivery that allows retailers to compete with major e-commerce players.
“The (drone) market is ready to soar.”
Deuce Drone turns retail stores into conveniently located fulfillment centers by enabling retailers to deliver their products through the air, using drone technology.
We plan to generate fee income from the following sources:
- Implementation consulting and design
- Retrofitting “brick and mortar” infrastructure for drone pickup and delivery
- Software services and systems integration
- Resale of drones and related hardware, and
- Operation of drone delivery systems.
Deuce Drone’s competitive advantages include expertise in logistics, aerospace, construction, and technology.
Logistics experience is critical in order to design a successful drone delivery platform. And no one does logistics like the U.S. military! That’s why we are lucky to have the former Director of Logistics for the U.S. European Command on our team.
Deuce Drone’s management also includes both the former CEO of Continental Aerospace Technologies and the former President of Million Air Inc, which gives us critical knowledge of the aerospace sector. Our regulatory insights and relationships with the FAA should prove beneficial as we move forward.
With the CEO of Burton Property Group, one of the largest real estate development firms in Alabama, our team has the necessary experience to design and construct drone delivery docking ports for our clients.
Technology is an essential driver of drone delivery and logistics. Technology pioneer, the Founding Chairman and CEO of napster, will help us navigate the drone technology landscape.
Brigadier General (retired) Blaine D. Holt is the CEO of Irascible Strategic Advisors LLC. Prior roles include President of Million Air Inc. and COO of Braidy Industries. The general's command experience includes the 376th Air Expeditionary Wing, Transit Center at Manas, Kyrgyz Republic and the 16th Airlift and 817th Expeditionary Airlift Squadrons. Key assignments include a previous posting as the Director of Logistics, United States European Command, a Military Fellowship at the Council on Foreign Relations, and Director of the Air Force Secretary and Chief of Staff's Executive Action Group. General Holt is a command pilot with more than 3,900 flying hours in a variety of aircraft and is a life member of the Wings Club and the Council on Foreign Relations.
Mr. Ross has 30 years of aerospace and engineering management experience. Former President and CEO of Continental Aerospace Technologies, Ross is credited with leading the company in five successful acquisitions to add technology and additional product lines valued in excess of $40 million. Prior to his role at Continental, Mr. Ross was President of Teledyne Energy Systems, Inc., a manufacturer of thermoelectric, electrolytic hydrogen generation, and fuel cell devices. Mr. Ross is a former member of the Advisory Panel to the U.S. Department of Energy’s Laboratory Hydrogen Program Review Team and of the U.S. Congress Office of Technology Assessment Advisory Panel for the Review of Advanced Automotive Technology. He is also the former President of the U.S. Fuel Cell Council.
As President and CEO of Burton Property Group (BPG), one of the largest real estate development firms in South Alabama, Phillip Burton currently manages a $200 million portfolio throughout the southeast. Prior to his current role, Mr. Burton served as President/CEO of BBMC/MCS Investments, Inc. He is also a founder of the Beverly Burton Scholarship Trust, named in honor of his late mother, which provides college scholarship opportunities to the Boys & Girls Clubs Youth of the Year recipients. He is also a board member of the Mobile Chamber of Commerce and University of South Alabama’s Foundation for Research and Commercialization, as well as a member of the YPO Southeastern Chapter.
John W. Fanning, Founding Chairman and CEO of napster, has been a pioneer in Internet Technologies for over 30 years. In addition to his work with napster on the distributed aggregation of content, he has introduced such net-related innovations as client-server game play, voice over IP, and auto-upgrading/authentication. Since 1994, he has founded numerous successful Internet ventures, including napster, NetGames, and NetMovies.
Kelton Hardrict Jr. (KJ) is a graduating senior studying Aerospace Engineering at MIT. He is an experienced researcher having conducted research in MIT’s Space Propulsion Lab, Human Systems Lab, and Space Systems Lab; he has also spent a summer conducting research in Stanford’s Structures and Composites Lab. In industry, KJ has completed two successful intern stints at Northrop Grumman Aerospace Corporation in the roles of Software Engineer and Systems Dynamics Engineer. During his undergraduate career, KJ has also created and grown his brand on YouTube with over 7 million views and 75,000 subscribers. Next fall, KJ plans to begin his pursuit of both an Aerospace Engineering Master’s Degree and PhD at Stanford University in autonomous systems.
Timmy is a graduating senior studying Aerospace Engineering at MIT with a minor in Management from MIT’s Sloan School of Management. He has experience working with real-time systems, robotics, and machine learning. Timmy has successfully completed several research positions in these areas holding positions at MIT CSAIL's Interactive Robotics Group, MIT's Human Systems Laboratory and Stanford University's Aerospace Design Laboratory working on the development of an Electric Vertical Take-Off and Landing (eVTOL) drone system.
Use of Proceeds
If the offering's maximum amount of $107,000 is raised:
|Use||Value||% of Proceeds|
|Engineering & Development||$61,054||57.1%|
This is an offering of Membership Interest Units, under registration exemption 4(a)(6), in Deuce Drone LLC. This offering must raise at least $10,000 by May 5, 2020 at 11:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. Deuce Drone 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:
These financial statements have been audited by an independent Certified Public Accountant.
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.
- May 6, 2020Primary offering closed, sellingunitsSold $0.35 for a total of $106,499.75units at
|Bid quantity||Price||Ask quantity|
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