TARGET ARM INC

Ridgefield, CT · Founded 2020 · Aerospace · Private

Robotic arm and pin-array system with integrated AI software for autonomous drone launch and recovery from moving vehicles

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Updated Oct 9, 2026 · targetarm.com

Sector: Aerospace
Headquarters: Ridgefield, CT
Founded: 2020
Latest Form D: $2M offered, Jan 2021
Total capital: $7.4M

Federal grants: $3.1M; 6 awards · 2019–2022; Rank in peer group#76 of 155
Private capital raised: $2M; 1 Form D · last Jan 2021; 69 months since last filing
Federal contracts: $2.2M; 4 awards · Defense; Rank in Aerospace#463 of 1335
Granted patents: 0; 1 pending; Rank in peer group#60 of 155

Capital timeline

Latest events

Jan 2025Federal contractDefense · SBIR Phase I FX247-PCSO1-1325$75K
Jan 2025Federal contractDefense · SBIR Phase II Topic A244-P019 - Open Topic For Persistent Experimentation$2M
May 2024Federal contractDefense · SBIR Phase I Proposal FX245-PCSO1-1234 - Enhancing Air Force Autonomous Systems With Sensor Fusion Engine (sfe) For Greater Precision, Efficiency, And Extended Operational Range$75K
Jul 2022Federal grantDefense · Phase I · On-Orbit Object Acquisition: Autonomous Debris Capture / Autonomous Non-Cooperative Target Capture$250K
Apr 2022Federal grantDefense · Phase II · C-17 Arsenal Aircraft - Persistent Air Dominance with UAV/UCAVs$1.2M
Mar 2021Federal grantDefense · Phase II · Fixed-Wing sUAS Stand-off/Extended-Range Capability From Any Moving Vehicle$733K
Feb 2021Federal grantDefense · Phase I · Arsenal Aircraft for Persistent Air Dominance with UAV/UCAVs$50K
Jan 2021Offering registeredForm D · SEC · 1st filing$2M

Show 3 earlier federal awards

Mar 2020Federal contractDefense · The Purpose Of This Effort Is To Enable Universal Launch And Recovery Of Unmanned Aerial Systems From Stryker Armored Personnel Carrier.$50K
Sep 2019Federal grantDefense · Phase II · Direct to Phase II Open Topic: Open Call for Innovative Defense-Related Dual-Purpose Technologies/Solutions with a Clear Air Force Stakeholder Need$750K
Jan 2019Federal grantDefense · Phase I · Manned-Unmanned Teaming$75K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Federal first

24months

from TARGET ARM INC’s first federal award to its first private round.

First federal award · Jan 2019: Defense · $75K
First Form D · Jan 2021: $2M · 1st Form D
Awards before first raise: 3 awards

An association in public records, not a cause or a prediction.

Standing among 155 peers

Line = median

Aerospace · Device

Federal grants#76 · top 49%
Granted patents#60 · top 39%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants

Jeffrey Alan McChesneyResearcherExecutive Officer, DirectorLinked by $3.1M in grants as PI
Douglas Alan NeugoldDirectorNamed in SEC Form D filings
Eric Alan AchtmannDirectorNamed in SEC Form D filings

What it has protected

USPTO · 0 granted of 1

Mar 26, 2026PendingMethod for precision localization of aircraft in dynamic Euclidean reference frames while movingUSPTOApplication 18897012

PERICLE COMMUNICATIONS COMPANYSimilar federal contract value in Aerospace · $2.3M in contracts
RESCON TECHNOLOGIES LLCSimilar federal contract value in Aerospace · $2.3M in contracts
Jackson Bond Enterprises LLCSimilar federal contract value in Aerospace · $2.3M in contracts
NAHLIA INC.Similar federal contract value in Aerospace · $2.2M in contracts
SPACE EXPLORATION ENGINEERING, LLCSimilar federal contract value in Aerospace · $2.2M in contracts
UNITED AIRCRAFT TECHNOLOGIES, INC.Similar federal contract value in Aerospace · $2.2M in contracts

Regulatory activity · Aerospace

Sector-level, not company-level

06 Jul 2026Nondiscrimination in Federally Assisted Programs of NASA-Effectuation of Title VI of the Civil Rights Act of 1964National Aeronautics and Space Administration
01 Jul 2026Special Conditions: AMAC Aerospace, The Boeing Company Model 747- 8 Airplane; Side-Facing SeatsFederal Aviation Administration
26 Jun 2026Standard Instrument Approach Procedures, and Takeoff Minimums and Obstacle Departure Procedures; Miscellaneous AmendmentsFederal Aviation Administration
23 Jun 2026Operating Limitations at John F. Kennedy International AirportFederal Aviation Administration
23 Jun 2026Operating Limitations at New York LaGuardia AirportFederal Aviation Administration
18 Jun 2026Special Conditions: Honeywell Aerospace US LLC, Dassault Aviation Model Falcon 900EX Airplane; Electronic System Security Protection From Unauthorized External AccessFederal Aviation Administration

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.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through Oct 9, 2026. SBIR and STTR awards through Jul 3, 2026.