What Happened to DartDrones After the Shark Tank Pitch?
What is DartDrones?
DartDrones is a high-quality drone training company that primarily serves government organizations, public safety departments, and individuals.
The company’s goal is on providing a comprehensive and tailored training program that includes in-person hands-on flying training, aerial videography, instruction on acquiring a commercial remote pilot license, and more.
Who is the founder of DartDrones?
Abby Speicher is the CEO and Co-Founder of DartDrones.
She began her career as a human resources intern at Lowe’s Regional Business Centre in 2011 and went on to become the Founder and CEO of Daakye, a social enterprise that offers handcrafted handbags made by Ghanaian women, in 2013.
Recently, the company gave a high-quality education opportunity in drone flying to over 9000 students.
Prior to DartDrones, Abby received the entrepreneurial gene from her family, most notably her father, who is an entrepreneurship professor.
At the age of 17, she worked her way through college on a social initiative that created handbags in Ghana to pay for children’s education in Ghana, which led to her learning how to sell a product and falling in love with running a business.
While finishing the MBA in Entrepreneurship program at Babson College and seeking for a new business to start, she met her co-founder, Christ Costello, who was in command of missions deploying Raven drones at the Army National Guard.
They were subsequently forced to engage in a business competition together.
Abby had never flown a drone before the pitch competition, so she ordered a Phantom and flew it in front of the judges, ending in a terrible catastrophe.
That incident spawned the idea for a drone training school. DartDrones was born as a consequence.
What Happened to DartDrones at the Shark Tank Pitch?
Abby appeared on Shark Tank Season 8 Episode 18 in pursuit of $300,000 in return for a 10% ownership in her company. This represents a $3 million valuation.
She speaks about her company and its plans for growth.
Robert tries but fails to fly the demo drone. With some verbal encouragement, he tries again and successfully launches and lands the plane, but it was not a perfect flight.
Kevin wonders how long it takes to develop the skills required to pilot in this manner.
Abby mentions that they now provide a one-day training for both amateurs and those interested in commercial flying. Advanced skills need more time.
Daymond inquires about the program’s cost, which is $400 for a full day, eight hours of in-person teaching. This course is taught in 27 different cities by 22 different teachers.
They’ve made $520,000 in sales in the previous 18 months. They anticipate generating between $900,000 and $1.2 million in revenue next year (2016).
Abby aims to reinvest all proceeds back into the firm in order to develop new courses; this is how she expects to spend the Shark investment.
They are presently the sole national drone training organization. Robert wonders why they need $300,000; Abby wants to license the program to schools and colleges, which Mark supports.
She informs Daymond that she works with hobby stores and rewards them for advertising her courses.
Kevin then decides that he has had enough of listening and will begin the game. He doubts DartDrones’ $3 million assessment. He proposes $300,000 in exchange for 15% of the company.
Mark then offers $300,000 for 10%, but he needs an instant answer. Abby agrees right away.
Abby walks out of the Shark Tank with a broad smile on her face. Mark is the most technologically savvy Shark. She has great faith in Mark’s capacity to advance DartDrones.
What Happened to DartDrones After the Shark Tank Pitch?
Mark’s transaction never happened because Dart Drones isn’t listed on his website.
Since its start, the group has grown to deliver classes in over 40 sites around the country.
They presently offer a range of different courses, such as night flight, roof inspections, and others. They continue to train police and fire officers and even work with the National Transportation Safety Board.
They are down to 30 teaching locations as of May 2021, but have expanded their curriculum.
They are also working with the FBI, NASA, Boeing, and a number of big firms, including General Motors and Wal Mart.
What is the Net Worth of DartDrones?
Abby entered Shark Tank in quest of $300,000 in return for a 10% ownership in her company. This corresponds to a $3 million valuation.
Who are the Competitors of DartDrones?
DartDrones competitors include Johnson Consulting and Advisory, Ej, Aeromax, and Alchemist Aviation.
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DartDrones FAQS
What is DartDrones?
DartDrones is a high-quality drone training company that primarily serves government agencies, law enforcement agencies, and individuals.
Who is the DartDrones founder?
DartDrones’ CEO and Co-Founder is Abby Speicher.
In 2011, she began her career as a human resources intern at Lowe’s Regional Business Centre, and in 2013, she became the Founder and CEO of Daakye, a social enterprise that offers handcrafted handbags made by Ghanaian women.
How much did she want in the Shark Tank?
Abby is on Shark Tank in pursuit of $300,000 in return for a 10% interest in her firm.
Did she strike a deal with the Sharks?
Yes. She agreed to Mark Cuban’s offer.
How much was the deal?
Mark Cuban paid her $300,000 in return for a 10% share in his company.
What became to DartDrones after the shark tank?
DartDrones now has approximately forty flight instructors on staff.
Since the filming of “Shark Tank,” they’ve added a number of experienced manned aircraft pilots to their drone pilot training staff, including Karl Schwab, a Marine Corps veteran who is commercially certified in multi- and single-engine planes.
When was DartDrones founded?
DartDrones was founded in 2014 by Abby and her father, Chris Speicher, in response to a rising demand for affordable, hands-on, professional drone education that was available across the country.
Do they have any competitors?
Aeromax, Johnson Consulting and Advisory, Ej, Alchemist Aviation, and others are among their main competitors.
Where is the headquarters of DartDrones?
The headquarters of DartDrones are located on Uinta Way in Park City, Utah.
DartDrones operates in what industry?
DartDrones provides Vocational Rehabilitation Services.
What is the DartDrones website?
The official website of DartDrones is www.dartdrones.com
How long have you been in operation?
DartDrones is a brand-new company. It was established in 2014.
DartDrones were featured in which Shark Tank episode?
DartDrones was featured on Shark Tank Episode 18 of Season 8.
How many cities are DartDrones located?
DartDrones has offices in more than 40 locations around the United States.
Who are DartDrones Partners?
They are working with the FBI, NASA, Boeing, and other big firms, including General Motors and Wal Mart.
How can they contact DartDrones?
They may reach out to them via their website, Facebook, and Twitter accounts.
