Craft

Target Arm

Revenue

$219.1 K

FY, 2024

Target Arm Summary

Company Summary

Overview
Target Arm is a company that develops a launch and recovery platform for drones. It offers Tular (The Universal Launch and Recovery) line of products that consists of hardware devices and AI-enabled software modules and Ralar (Robotic Arm Launch and Recovery) that combined enable the launch and recovery of rotary and fixed-wing drones from moving vehicles.
Type
Private
Status
Active
Founded
2017
HQ
Ridgefield, CT, US | view all locations
Website
https://www.targetarm.com/
Cybersecurity rating
Sectors

Key People

  • Jeffrey A. McChesney

    Jeffrey A. McChesney, Chairman, CEO & Founder

  • Ryan Bigham

Operating MetricsView all

US Federal Contract Awards

2

Y, 2020

US Federal Contract/Grant Awards Value

$50K
93.9%

Y, 2020

US Federal Contract Awards to Date

3

Mar, 2021

LocationsView all

2 locations detected

  • Ridgefield, CT HQ

    United States

    12 Fisher Lane

  • New Milford, CT

    United States

    458 Danbury Rd Units A9 & A10

Target Arm Financials

Summary Financials

Revenue (FY, 2024)
$219.1K
Gross profit (FY, 2024)
$212.2K
Net income (FY, 2024)
($844.1K)
Cash (FY, 2024)
$29.1K
EBIT (FY, 2024)
($821.9K)

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