Subject: Re: Deal Prospect - Roboteam
From: "Neil Callahan" <[email-masked]>
To: "William Lee" <[email-masked]>, "John DeLoche" <[email-masked]>, "Devon Archer" <[email-masked]>, "Rob Walker" <[email-masked]>, "Hunter Biden" <[email-masked]>
Date: Mon, 19 May 2014 17:36:47 -0400

Forgot to add that they have set up US manufacturing in Eastern Mississippi
(Columbus) with help from the DOD to comply with DOD requirements.

On Mon, May 19, 2014 at 5:33 PM, Neil Callahan <[email-masked]
> wrote:

> Hey guys,
>
> Take a look at Roboteam.
>
> They are in the unmanned systems space (i.e., robotics, drones, etc.)
>
> Strong adoption by the US Military, Law Enforcement and First Responders.
>
> Genesis is R&D/Tech from the Israeli military (tech has been used in
> fighting in the tunnels of Lebanon and Sinai where Iran has put thousands
> of missiles and military supplies).
>
> Financials meet our criteria:
>
>    - Did $12.2m in revenue in '13 with $1.1m of EBITDA.  Did $4.8m in
>    revenue in '12.
>    - '14 plan is to do $20m in revenue (greater than 50% growth) and $3m
>    of EBITDA.
>    - Projected $115m in new orders in '15/'16.
>
>
> Strong exit potential to folks like Google, Amazon, and the military
> contractors who are all investing in robotics and unmanned systems
> technologies.
>
> Currently and Israeli company, but open to establishing as a US company,
> to be discussed.
>
> No institutional investors to date.
>
> RSTP value add in helping them grow is clear.
>
> Looking to raise $5-15m to build out to capture current demand.
>
> Take a look and let me know if you want to have a call to review.
>
> Best,
>
> Neil
>
>
> --
> Neil Callahan
> Rosemont Seneca Partners
> 917-945-9516
>

-- 
Neil Callahan
Rosemont Seneca Partners
917-945-951