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Follow on Google News | Target Arm Competitively Selected for Endless Frontier Labs (EFL) AcceleratorChosen from over 600 global applicants for one of the coveted 50 slots
By: Target Arm LLC Endless Frontiers Lab, a structured mentoring program led by NYU's Stern School of Business, provides founders with resources, support and advice to optimize participants' chances for success, https://endlessfrontierlabs.com. During the course of EFL's 9-month program, they host 5 in-person sessions to bring together startups with mentors and investors to set goals and to prioritize tasks over the subsequent 2 months. EFL's mission is educational. They do not take any equity in the companies and do not charge any fees. Target Arm competed against over 600 applicants for one of the 50 spots (25 Deep Tech and 25 Life Sciences) this year. EFL's evaluation process included face-to-face interviews with over 190 founding teams from 13 different countries, technical analysis provided by experts, inputs from Stern MBAs, and an assessment for EFL fit. This is a superb opportunity for Target Arm and adds further validation to the business model potential and execution to date. Target Arm intends to revolutionize military operations while maneuvering, as well as commercial package delivery to/from moving vehicles throughout the supply chain with the patented and autonomous Tular. Tular is the world's first and only Universal Launch and Recovery (ULaR) platform for Unmanned Systems (UxS) and drones, in all environments and all operations, for moving vehicles. Jeff McChesney/CEO stated, "We're super excited to join EFL and the tremendous accelerator ecosystem they provide. We get value added at every step of our journey, from mentors, to investors, to MBA students, to faculty and to strategic partners. It's a huge opportunity for us, and huge opportunity for NYU as well. All of us will be working together to create and attain clear, measurable objectives for swift and broad market entry and investment. My goal is to make a positive impact on the world as fast as possible, and EFL increases my chances dramatically." Target Arm LLC is a Service Disabled, Veteran Owned Small Business (SDVOSB), founded in 2017 to provide for development and commercialization of the patented Tular. For more information please visit http://www.targetarm.com, or contact Jeff McChesney, at jmcchesney@targetarm.com or 203.434.5866. End
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