NEXTDROID, INC

Boston, MA · Founded 2015 · CIK 0001801920 · Defense

Unmanned underwater vehicle (UUV) with seawater-flooded design and high-speed propulsion system

nextdroid.com →
Grants
$599K
1 award
Sector median: 2
Raised
$3.0M
1 Form D · Feb 2020
80 months since last filing
Contracts
—
No federal contracts on record
Patents
—
No published records under this name
Sector median: 0

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$2,973,920
Federal grantDepartment of Defense · Phase II · Improved Propulsion Technologies for Mine Countermeasures Unmanned Undersea Vehicle Systems$599,131
Federal grant · SBIR/STTRForm D · SEC

Peer position

Defense · 1442 companies · ranked on federal contract value
Defense companies ranked by federal contract value
#CompanyContractsDisclosed equity
1269New Oracle Solutions, LLC——
1270FEND INCORPORATED—$1.5M
1271MILANOWSKI & ASSOCIATES INC——
1272NEXTDROID, INC—$3.0M
1273METALMARK INNOVATIONS, PBC—$3.9M
1274R3 DIGITAL SCIENCES, INC.——
1275Blueforce Development Corporation—$200K

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 4 related persons
  • Tracy ByrneExecutive Officer
  • Jeffrey HotchkissDirector
  • Scott ThayerExecutive Officer
  • Samuel TolkoffDirector · Executive Officer · Promoter

Regulatory activity · Defense

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.