Charles Yeomans
๐ค SpeakerAppearances Over Time
Podcast Appearances
Okay.
What platform did you use to do that?
StartEngine.
It was a cap on a convertible note, and the cap was 10.
Yeah, we are.
We're approaching a point at which we're really going to ramp.
And so the thing is, think of it this way.
If one satellite company, and we have a big satellite company, is late stage of incorporating it, once they deploy, then satellite data bandwidth is a commodity.
if one provider is providing satellite bandwidth at price x uh minus and well everybody is at price x and they're at x minus 10 say then boom everybody else has to use it or they're way behind because we are the same thing as launching a bunch of new satellites
So it's a big time dramatic effect of when you're talking about a commodity, think about selling West Texas intermediate crude, everybody sells it for price, whatever the price is.
But if suddenly somebody sells it for $20 less a barrel, then everybody will buy that.
Accredited private investors, wealthy individuals, that sort of thing.
Most of them were okay with it.
I would say they were all okay with it.
I think they were fascinated because it's such a new thing and people aren't used to it and all that.
So I would say that overall, everyone was very supportive.
Let's see.
Well, we're really in POC mode with all of them right now, including Department of Defense.
Some are paid.
Let's see.