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Ares Industries Analysis: $500K Raised

What is Ares Industries?

Ares Industries develops low-cost anti-ship cruise missiles, focusing on innovative defense solutions compatible with existing launch platforms.

Founded
2024
Company Stage
Pre-Seed
Investors
- CoastCap - Y Combinator
YC Batch
S24

Product Features & Capabilities

  • anti-ship cruise missiles, low-cost design, compatible with existing launch platforms, capable of delivering smaller payloads, high subsonic speeds, compact form factor (10x smaller than traditional missiles), significantly reduced cost (approximately $300,000 per missile).

How much Ares Industries raised

Pre-Seed - $500,000

August 21, 2024
Lead Investor: Not specified

Who are the founders of Ares Industries

AT

Alex Tseng

CEO and Founder

Find more companies like Ares Industries

in Y Combinator batch S24 companies

Financial Overview

$500KTotal Raised
Pre-Seed$500,000
August 21, 2024
Investors: Not specified
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