MechOptix is a featured alumni of the Alabama Launchpad Startup Competition, a program of the Economic Development Partnership of Alabama (EDPA), at the #imerge2018 event today in Birmingham. We won $50,000 in December 2015 and that funded production of our first product, the Stoptix automatic brake lamp. We now have 1 patent issued, 3 patents pending, 1 patent in draft, 2 licensing deals, 2 products for sale now, and several products in various stages of development that include connectivity.
Joe and I will be at the event today to demonstrate products, discuss the terms of our current capital raise, go over what is next in the product line-up, and provide details on our domestic and international opportunities for sales.
The event is held on the campus of the EDPA. The campus and surrounding areas will be transformed for a special night with streets blocked off as EDPA hosts amazing food vendors, drinks and more!
You'll also witness the Alabama Innovation Awards and the unique Pitch Competition where six startups will compete for a total of $150k in startup funding.