Fruity Chutes Inc is raising $500,000 with a minimum reservation of $50,000. Numbers displayed include non-binding reservations before investors are verified, signed, or closed.
Fruity Chutes strives to be the world class supplier of parachute systems for the small to medium unmanned aircraft systems market (sUAS), like air bags are safety system for automotive industry.
2007 - Founded company with focus on parachutes for rocketry and research.October, 2007
2009 - Began to sell into the very young sUAS (aka Drones) marketJanuary, 2009
2011 - Began to specialize products for the UAV Market. Developed a new high efficiency parachute called the Iris.January, 2011
2013 - Sourced vendors for proprietary Spectra line for parachutes, decreased weight approximately 25%.December, 2012
2013 - Introduced Peregrine UAV CO2 Deployment SystemJanuary, 2013
2014 – Source 10 Denier ultra light fabric for parachutes. Saved additional 35% weight.January, 2014
2016 – Introduced Hawk CO2 release for use with Peregrine UAV. Began work with AAI Textron on Shadow II Parachute system.January, 2016
2017 – Started on Harrier consumer launcher. Worked on ASTM F38 committee for FAA flight over people rule set.January, 2017
Launcher Harrier Parachute Launcher, obtained provision patent of Harrier release.January, 2018