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by Componica
1024 days ago
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My three partners and I have be developing and selling multi-camera arrays specifically for eye tracking as well as measuring other physiological features for several years now. Our main customers are a couple university research groups, a human factors group in Lockheed, and just recently the US Air Force. In fact we just returned from a trip to Wright-Patterson installing an array in a hypobaric chamber to perform gaze tracker and pupil response for pilots under hypoxic conditions. Phase two will be a custom gaze tracker for their centrifuge. Our main features are accurate eye and face tracking up to a meter from the array, minimal calibration per subject (about 10 seconds staring at a dot), pupil response for measuring fatigue and other things, plus we can adapt the array for the client ranging from a cockpit to a large flat screen TV. We've looked into medical usage such as ALS, but we're bootstrapped based in Iowa and found the military niche as a more direct way to generate cash flow. It's ashame we can't apply this work towards people with medical needs, but we don't have the funds nor the clients to make such a pivot. |
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The risk and part of the returns there are for the investors. While it will generate additional revenue (and diversification) for your bootstrapped company allowing you to keep building and mitigate some of the risk of having a narrow (military) client base.
And if it becomes a major success (sounds like pg thinks that's possible) you'll co-own it.