Introduction
Riemann Computing (formerly and also known as Stark Drones) is a for profit C-Corp with various sub-entities for different research initiatives. Riemann Computing has a multifaceted product portfolio and business plan aiming to tackle a variety of industries. They aim to make money through research initiatives, potential joint ventures, government collaboration opportunities, and the selling of their products. They have a subentity that is a non-profit called the Stark Global Initiative for its philanthropic and charitable projects. They are engaged in building technologies centered around heavily disrupting telecom and infrastructure as industries. In a way, they offer infrastructure as a service, and research as a service. Their primary business model is B2B. They are an emerging company that participates in sensory networks, UART communications, and aviation design concepts.
As a startup, we believe that we can collectively build technology that can push forward human progress.As a startup, we believe that we can collectively build technology that can push forward human progress. We are building things from air powered batteries, to cost efficient internet balloons, to distributed and decentralized grids and powerwalls. Not only that, but we are trying to utilize various technical expertise to make strides in the aerospace industry and human exploration. We want to take a multifaceted approach to create moonshots that take our research into new heights. Riemann Computing wants to be more than just another startup, but an inspiration for generations to come.
Success To Date
- We’ve done a city-approved telemetry test launch for an internet balloon system.
- We are working towards the development of a portable CAES battery system (Compressed Air Energy Storage).
- Riemann Computing have also tested aquatic wireless networks and various modules.
- We have an intellectual property portfolio, and a portfolio of various different communication protocols and telemetry solutions.
- We contributed to distributed computing protocols downloaded by over 175k developers.
- On October 14th, 2022, we reached over 100k subscribers on our YouTube channel through our various efforts. We were given a YouTube Silver Play Button.
In relation to our intellectual property portfolio:
- Our Compression Algorithm, US 16/059,633, was granted and has since been cited by RedHat which is a subsidiary of IBM.
- We have a communications protocol patent, ZA 2019/01105 that was filed on Feb 21, 2019, which is for a "Low-Frequency Enabled Bluetooth GUI for P2P Device Identifier Communication" pending in South Africa.
- For August 8th, 2019, our Compression Patent application was filed in China through CN 201910729783X.
- We have a Computing Method patent (US 17/882587) filed on Aug 7th, 2022, that is pending.
- We have design patents as well such as one for a Modular Space Plane, US 29/852,695 (Sep 8, 2022) and pending, and an Aeronautical Propulsion Board, US 29/861,864 (Dec 3, 2022) and pending.
- We have a word mark application for NASCRIPT (NaScript) a programming language that has been in development. Its serial number is 97319685 and it has been pending since March of 2022.
- Riemann Computing is also working on various research disclosures, licenses, and programming languages. NaScript is just the most recent, but it is also developing the languages known as LonScript and ScrubScript.
Problem
In terms of being reliable, the American Society of Civil Engineers gave the power grid a D+ rating. According to BroadbandSearch, a third of the entire world have NO access to the internet as of 2023. The keyholders of the internet is a select group of people, and most of the internet is severely centralized. These three problems dramatically need to be fixed. When you are looking at a broken grid, a third of the world being unconnected, and a seemingly too centralized internet that can potentially limit intellectual diversity, then you are stuck with a problem that technology created but have not efficiently found a means to solve.
Solution
Riemann Computing has a CAES battery system (Compressed Air Energy Storage) that is designed to be almost 1/7th of the price of comparable Lithium-Ion batteries and can potentially be charged in nearly 15 seconds' time.
Currently, this could allow for a more distributed and open internet as well as more importantly, being able to upgrade grid power and transmission infrastructure. Riemann Computing utilizes novel uses of the same technology for highly advanced research topics and projects on the side, as Riemann Computing is heavily engaged in sustainability research, especially in relation to the scarcity of resources or finding alternatives to outdated technologies.
Utilizing a Spark.io Photon Board and a custom microsatellite for a range transmission and extension network, was the deployment of a test internet balloon system for a tethered telemetry test. We had to utilize multiple party tanks of helium (about 11), given there was a nationwide helium shortage at the time. Once the balloon was deployed, we were able to land it back safely and release the helium out of the balloon for any potential relaunch. It was a pricey launch at $1352.03 (excluding the videography) but was quite cost efficient for the time being. Costs like these are far below standard for this industry.
Riemann Computing tested aquatic wireless networks and various modules. The best signal strength result in relation to the LoRaWAN transmission was -75 dBm. There are various other networking protocols and range extenders in play here as well. The full hardware setup does include ESP8266 WiFi modules, Lightweight BLE, a module for UART, and a 4G PHAT as well as the involvement of a relay switch. This was tested on July 16th, 2022, at Port Huron, Michigan at the Lakeside Beach and Park.
Outside of this, Riemann Computing has done and presented various work w/ Wireless networking protocols, such as what was presented in the presentation seen here.
Riemann Computing has been working on a variety of projects including Internet Balloons, Aquatic and Underwater Wireless Networks, water harvesting solutions, the development of a Space Plane, and experimental research towards the development of an actual hoverboard as well as the development of a compute module. For the 2023 development timeline, Riemann Computing is hoping to make continued progress within these areas as well as the development of UAVs that meet a specialized purpose.
During 2023/2024, we want to work on firefighting UAVs and hope to come up with a streamlined route for development and partnering with potential fire departments who may be interested. We hope to have some of our more commercially viable and applicable research implemented within local cities and municipalities.
2024 may also be the year that we potentially enter into projects that have more of a global impact. We want to build a virtualized incubation hub and distributed network within the countries of Egypt, Syria and Israel to build technology that impacts surrounding regions through various citizen science, sustainability and social good initiatives.
Our focus on sustainability will target a variety of sectors including alternative energy, water resources, and even projects centered around limiting food waste. Riemann Computing is very mission driven.
In all honesty, while our original Water from Air attempt wasn't the best, 2023 offers the flexibility of us seeking out further R&D funding and learning from past mistakes. The combination of water monitoring and cleanup solutions (our Aquatic Networks), water harvesting solutions (Water from Air), and our resource limiting solutions (Firefighting UAVs for droughts), create a full pipeline for maximizing people's access to clean and abundant water on a global scale.
It utilizes a signal computing method which is patent-pending under 17/882587 as of August 7th, 2022. Our founder also created various other related IP in (direct and indirect) relation to the software and hardware configurations of this compute module.
Riemann Computing oversees the distribution and development of various open-source licenses and software. They also utilize the power of open source to introduce to the world concepts behind some of its more advanced proprietary technology. Riemann Computing utilizes and distributes both proprietary tech and open source for a variety of things and aims to get the best of both worlds.
We have run a test utilizing NextFlow and Seqera on the CHIPseq algorithmic template and custom configurations with a single core max CPU and 6GB max memory in the specs, connected to Google Batch through an API. These are the results. We can potentially analyze 500TB of memory for only $31.38 if this setup is scalable. This is related to cloud/edge computing, and likely an algorithm more tailored towards actual targeting and the data types analyzed, can probably yield even more valuable results. This is a result due to our black box solutions not our open-sourced SDK.
As of November 27th, 2022, the Decentralized-Internet SDK repository has reached over 133k downloads just from NPM alone. On the GitHub Marketplace, it has reached 819 people subscribed to the open-source application (for repo tracking purposes), of which it has an 82% active retention rate based on installed vs. not installed.
That SDK is an open-source dev kit and library for building an offline-centric network centered around distributed data sharding. It includes clusterpost and the gridbee-framework, amongst other repos. It also implements BOINC. It is mostly hosted through a single monorepo and is one of the largest dev kits for distributed and grid computing projects, as well as a decentralized web.
According to BOINC's website, a small team wanting to process 100 TeraFLOPS for 1 year, would only pay on average $125k using BOINC and the power of volunteer/grid computing as opposed to $175 Million hosting on Amazon's Elastic Computing Cloud. Since BOINC is open-source, the decentralized-internet SDK aims to take that same philosophy and integrate it into the world of decentralized applications. Riemann Computing oversees the distribution of that SDK.
Business Model
Riemann Computing has a multifaceted product portfolio and business plan aiming to tackle a variety of industries. They aim to make money through research initiatives, potential joint ventures and government collaboration opportunities, and the selling of their products.
In a way, they offer infrastructure as a service, and research as a service. Their primary business model is B2B.
Market
According to the Business Research Company, the telecom industry may reach a $3.8 trillion dollar market size by the year 2027. Also, according to Fortune Business Insights, the smart infrastructure market size may reach $413.16 billion by the year 2028. This means that the two primary industries we are trying to build technology in, could potentially reach a total market size of over $4.2 trillion dollars.
Press
- Huron Daily Tribune
Internet balloon to be tested in Harbor Beach - Cleveland Water Alliance
Erie Hack 2021: Meet Our Semifinalists! - Cleveland Water Alliance - Northwestern Michigan College
Lakebed 2030: Schedule (Stark Drones) - Hackernoon
Introducing Stark Drones: Propelling into the Future - Government Technology
What’s New in Civic Tech: D.C. Picks GigabitDCx Semi-Finalists - DC.gov OCTO
Mayor Bowser and OCTO Announce #GigabitDCx Semi-Finalists
Team
Use of Proceeds
If the offering's maximum amount of $810,000 is raised:
Use | Value | % of Proceeds |
---|---|---|
Compensation for managers | $560 | less than 0.1% |
R & D | $45,500 | 5.6% |
Legal Expenses | $68,250 | 8.4% |
Starting a Lab Facility | $349,500 | 43.1% |
Marketing Expenses | $71,000 | 8.8% |
Outsourced Engineers | $45,500 | 5.6% |
Debts and Liabilities | $85,000 | 10.5% |
Full Time Engineer | $105,000 | 13.0% |
Intermediary fees | $39,690 | 4.9% |
Terms
This is an offering of Common Stock, under registration exemption 4(a)(6), in Riemann Computing, Inc.. This offering must raise at least $10,000 by July 15, 2024 at 9:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. Riemann Computing may issue additional securities to raise up to $810,000, 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:
Financials
These financial statements have been audited by an independent Certified Public Accountant.
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.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
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.
More Info
Updates
- Apr 16, 2024The Riemann Computing website is live ... The...
- Apr 8, 2024BitBadges Beta Multichain Connect... BitBadges...
- Apr 8, 2024The DBA for Stark ... The DBA for Riemann...
- Apr 4, 2024Pending Trademark and More... Let us start by...
- Apr 2, 2024Recent SGI Domains ... Here is a screenshot of...
- Apr 2, 2024IMPORTANT: New Registered Works ... Riemann...
- Mar 29, 2024IMPORTANT: Restructuring Update ... Stark...
- Mar 29, 2024Stark Drones is to be renamed... Stark Drones...
- Mar 29, 2024FilmClout Funding Portal dba... The DBA that...
- Mar 26, 2024Stark Global Initiative and some changes...
- Mar 25, 2024Name Reservation in Jamaica ... STARKCOM...
- Mar 24, 2024Stark Global Initiative Bylaws ... The Stark...
- Mar 22, 2024FCC Petition DISSEMINATED ... The FCC petition...
- Mar 16, 2024New Corporate Updates and FCC Petition... The...
- Mar 13, 2024Kickstarter Pre-Launch Page...
- Mar 12, 2024Petitioning the EU on CRCF... The Stark Drones...
- Mar 9, 2024BitBadges Follow Protocol... One of our...
- Mar 7, 2024Stark Global Publishing Group DBA... The...
- Mar 7, 2024Our LARA Annual Report Update... The Michigan...
- Mar 1, 2024The CAGE Code/UEI for Stark Drones has been...
- Feb 27, 2024Our Computing Method Patent no. US20240046776A1...
- Feb 27, 2024We are now registered on the ARIN... We are...
- Feb 16, 2024Stark Drones Recent Testing Data... We have...
- Feb 14, 2024Stark Drones is considering becoming a B...
- Feb 2, 2024The 2023 Annual Report has been filed. Our...
- Jan 27, 2024The Stark Global Initiative's new website has...
- Jan 26, 2024Check out Starkcom Global's FAQs We now have a...
- Jan 17, 2024Some Updates to Start 2024... Our founder is...
- Dec 29, 2023Our Last PR of 2023 Here is to 2023. Our...
- Dec 27, 2023The Starkcom Global Website Launches The...
- Dec 20, 2023The BitBadges Platform is potentially nearing...
- Dec 11, 2023Stark Drones will be presenting at the...
- Nov 21, 2023The NaScript trademark has been issued. A...
- Nov 19, 2023The founder of Stark Drones is back from...
- Nov 6, 2023Networking in NY, Stark Maps and More! The...
- Oct 31, 2023Former Qualcomm Executive Charles Oshunremi...
- Oct 30, 2023Beshoy Hanna Joins the Stark Drones...
- Oct 28, 2023The Stark Drones founder was at Verge 23. The...
- Oct 20, 2023# Stark Drones wants to protect our...
- Oct 17, 2023Watch the Stark Drones Founder's Maker Faire...
- Oct 12, 2023Stark Drones has recently announced its...
- Oct 8, 2023Come meet the founder of Stark Drones at one of...
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