DroneLife to collaborate with Netcapital

DroneLife, the main information and data website in regards to the enterprise of drones, right now introduced a collaboration with Netcapital, a personal securities platform that helps firms elevate capital and buyers discover alternatives within the rising drone business.

“Innovative startups are at the forefront of the drone revolution. These companies need capital to bring their products and services to market. We want to help introduce potential investors to these companies and increase the rate at which drone technology transforms our economy. Our work with Netcapital is a big step towards making that a reality.”, mentioned Alan Phillips CEO and Publisher of DroneLife.

Netcapital’s non-public securities platform combines key infrastructure impressed by public markets with the pliability of web fundraising, offering rising firms with the instruments they want to rocket by the funding course of. The passage of the JOBS Act means everybody—not simply the rich—can spend money on early stage firms. With a number of clicks, buyers should buy frequent inventory in early-stage firms for as little as $99. The change in regulation additionally permits entrepreneurs to promote choices to the general public.

The new collaboration allows entrepreneurs to attain a broad community of potential buyers with an lively curiosity within the UAV business. Under the phrases of the settlement, DroneLife will introduce funding alternatives to their readership. No purchase suggestions will probably be made.

“There is obvious synergy between DroneLife and the Netcapital platform. The drone market is in its infancy with new technologies being introduced at a rapid rate. Our platform will enable these companies to quickly position themselves for fundraising,” mentioned Jason Frishman, Founder and CEO of Netcapital.

Netcapital’s complete platform affords entrepreneurs every little thing they want to elevate capital at any stage of the expansion course of by bringing collectively a number of companions and companies, together with:

  • Automated completion of SEC types and authorized paperwork, lowering the necessity for main authorized charges in typical circumstances
  • An SEC and FINRA registered funding portal to facilitate four(a)(6) choices for firms elevating a friends-and-family or seed spherical
  • Broker-dealer relationships to facilitate a number of sorts of choices, together with simultaneous four(a)(6) and 506(c) choices, for multimillion-dollar fundraising
  • An escrow service to be certain funds are handled pretty and safely
  • A switch agent to handle the brand new class of securities, eradicating some burden from entrepreneurs and bettering recordkeeping for buyers
  • A custodian to maintain securities and train voting rights for buyers, streamlining investor relations for firms

This is DroneLife’s second collaboration within the securities area. In April of final yr, DroneLife partnered with PureFunds, Reality Shares, and others to introduce the Drone Economy Strategy ETF, IFLY.

Drone firms concerned with promoting securities, and buyers concerned with shopping for non-public securities, can study extra right here.

Netcapital refers to Netcapital.com, a site operated by Netcapital Systems, LLC. Netcaptial is neither a funding portal nor a broker-dealer. Sections of the site are operated by Netcapital Funding Portal, Inc., which conducts all four(a)(6) choices as a funding portal registered with the United States Securities and Exchange Commission (SEC) and as a member of the Financial Industry Regulatory Authority (FINRA). Sections of the site are operated by Livingston Securities, LLC, which conducts all 506(c) choices as a broker-dealer registered with the SEC and as a member of the Financial Industry Regulatory Authority. None of those firms present funding recommendation or make funding suggestions; nothing shared on this press launch nor posted to the site must be construed as such.

Interested events can contact DroneLife’s Harry McNabb ([email protected]) or Netcapital’s Jason Frishman  ([email protected]) for added data.

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