Investment Opportunity in FlareBright

We’re just opening our first equity investment round, and we thought you may be interested in learning about where we’ve come from and our story and why now is the time for growth. We expect to restrict this ￡500,000 raise to a very few investors and read on for more details. 

Our story

Having spent most of his 25-year career in subsea autonomous robotics, Kelvin Hamilton had been dreaming of taking this technology to the skies back in 2015. With a successful trade sale of Seebyte, which he co-founded, this gave him the time and resources to do something about it and together with fellow Seebyter, Conrad Rider, they set up FlareBright. “I’d always thought the skies were the obvious domain for autonomous systems, and no one had managed to perfect complete autonomy, without reference to GPS or other external controls. Under the sea, you cannot access these things, so Conrad and myself could bring a lot of expertise to this challenge,” as FlareBright CEO Kelvin puts it.   

So late in 2015, they formed FlareBright and have been quietly pushing the boundaries of embedded AI, drone miniaturisation and some neat aerodynamics to come up with a new concept in nano-drones, SnapShot. 

SnapShot is designed to be the simplest way to get aerial images without the complexity of a drone. It is a fully autonomous system and will glide back to its user whatever the weather, winds or conditions – and even in GPS denied and electromagnetically jammed environments. 

The problem to solve

Situational awareness is key to an ever-increasing range of tasks, and one of the best places to obtain this is from a high-up vantage point. There are many commercially successful solutions to this, ranging from satellites to helicopters to quadcopters. But all have their limitations, whether it is resolution, expense, specialist kit or training needs, or immediacy. SnapShot is designed to solve these by being small, robust, lightweight and simple enough for anyone to carry and use, and without the need for specialist training to operate it. It also has some other advantages in terms of working in GPs-denied and jammed areas, in winds that would ground other small drones, being close up to the action so getting good resolution of the actual issue at hand, and being regulatorily benign (under 250 grams so no need for Civil Aviation Authority registration). 

The investment opportunity

Having organically grown and proven the technology and the market, we are very much pushing into another gear in the company’s story. We have been selected for both the prestigious Army Warfighting Experiment 2020 and for UK Research and Innovation’s Phase 1 of their Future Flight Challenge, and have letters of support from a wide range of organisations ranging from the British Army’s Land Warfare Centre at one end, to the City of Amsterdam at the other. We will be applying for a number of UK Government grants this year in order to fund some final aspects of research and development to bring our product to commercialisation, which will need to match-funded from other investments. As such, we are now launching a ￡500,000 equity raise which we expect to be EIS compliant (we have applied for Advanced Assurance recently). This is FlareBright’s initial equity raise, and if you or others are interested in this opportunity, please contact us as soon as possible. We have a cornerstone investor who has pledged ￡200,000 and we would expect to open up the rest to just a handful of investors. 

Drop Chris Daniels a note for further information or a discussion around this on [email protected]

Please note, this investment opportunity will only be open to sophisticated investors, high net worth investors and restricted investors.