HyperSciences
Harnessing the power of extreme velocity
Analytics
Raised to Date: $1,069,815
Aggregate Commitments $
StartEngine
10/26/2020
04/24/2021
$9,999
$1,069,997
$492
Equity - Preferred
RegCF
Series A
$38,800,000
Weekly Commitments $
Active
01/24/2021
88
10,699%
100%
$11,887
747
Spokane, Washington
Energy, Power, & Natural Resources
Hardwaretech
B2B
Medium
High
HyperSciences, with a pre-money valuation of $38.8 million, is raising crowdfunding on StartEngine. The company is using its proprietary hypersonic accelerator to revolutionize several industries, including aerospace, mining, tunneling, and clean energy drilling. The accelerator of HyperSciences is one of the world’s fastest engines. Mark Russell founded HyperSciences in 2014. The proceeds of the current crowdfunding campaign, with a minimum raise of $9,999.36 and a maximum raise of $1,069,996.80, will be used to take the low-cost HyperDrill to a mature stage and secure new paid pilot projects. HyperSciences has successfully delivered on contracts with companies like Shell and NASA. Currently, it is under contract with two major mining and energy corporations.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$501,430 |
$82,860 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-5,680,777 |
$-2,166,043 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,431,036 |
$1,291,133 |
|
Accounts Receivable |
$120,000 |
$0 |
|
Total Assets |
$2,579,333 |
$2,071,164 |
|
Short-Term Debt |
$1,650,090 |
$1,607,175 |
|
Long-Term Debt |
$1,935,893 |
$0 |
|
Total Liabilities |
$3,585,983 |
$3,360,139 |
Ratings
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Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.
For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
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