01 / 18
Investment Brief · 2026 · Confidential

WILDFIRE

AGP-1 · Reusable Group-3 Combat UAS · a Delaware C-corp
WILDFIRE
02 / 18
The problem

US drones are exquisite, expendable — and they lose.

Exquisite & few
A $30M MQ-9 Reaper is lost one at a time — too costly to risk in contested airspace.
Spoofable
Iran captured an RQ-170 by GPS spoofing; jamming defeats GPS-reliant navigation.
Or thrown away
The expendable answer (Barracuda ~$216k) spends the airframe and its sensor every shot.
The force needs affordable mass it can actually risk — and keep.
WILDFIRE
03 / 18
The solution

Reusable mass between the missile and the fighter.

$130k
reusable air vehicle
≥50
sorties per airframe
<$3M
to first flight
Reusable
Flies 50+ ISR / strike sorties, recovers, re-flies — ~$3.2k per sortie.
GPS-denied
Vision-only autonomy, datalink-optional — nothing to spoof or jam.
Multirole
25 kg swappable bay: ISR · SIGINT/EW · designate · strike-support.
WILDFIRE
04 / 18
Why now

The money is here and the door is open.

$54.6B
FY27 DoD drone request — up from $226M in FY26
“Affordable mass”
the USAF's stated doctrine — a verbatim description of WILDFIRE
POR open
Army Group-3 program cancelled in 2025 — the door is open to non-incumbents
Replicator
the Pentagon is scaling attritable autonomy right now
WILDFIRE
05 / 18
Competition

The market split in two and left the middle empty.

COMPETITIVE POSITIONREUSABILITY →expendablereusableCOST PER EFFECT →high $low $sweet spotWILDFIREBarracudaFuryV-BATSwitchbladeJUMP-20
vs expendable
~31:1 better cost-per-effect than a thrown-away Barracuda on recoverable missions.
vs exquisite
~200× cheaper than a $25–30M Fury — it complements the CCA, never competes.
vs reusable
Comparable to a ~$1M V-BAT at ~1/7 the flyaway, with a higher-end sensor.
WILDFIRE
06 / 18
The product

One airframe, many missions.

175 kg
MTOW · Group-3
1,500–2,500 km
combat radius
12–20 h
endurance
25 kg
swappable bay
Vision-only
GPS-denied
≥50×
reusable
175 kg Group-3 · heavy-fuel ~35 hp pusher · retractable tricycle gear · a deliberately simple, manufacturable airframe so cost and rate carry the risk, not novelty.
WILDFIRE
07 / 18
The eye · AGP-EOS-1

The sensor that comes home.

EO daylightMWIR thermalSWIRLaser designatorSpot tracker
Five-in-one
EO daylight · MWIR thermal · SWIR · laser designator/RF · spot tracker.
MX-class
Benchmarked to an L3Harris WESCAM MX-10D (>$400k, ~17 kg).
Recovered
Amortized over 50+ sorties — the expendable class re-buys it every shot.
WILDFIRE
08 / 18
Manufacturing

Built on the lines that already exist.

PRODUCTION LINE — PREFORM → FLIGHT-READY · 8 STATIONS1PREFORM& kit2PRESSwet-mold3CUREtrim · NDI4SUB-ASSYframe·gear·eng5MATEbond+frames6SYSTEMSavionics·gimbal7FINALwings·tail·prop8TESTroll-out<120 parts · retooled automaker body-shop line · ~100+/day per line · ≥1,000/day across ~9 lines.Reuse loop: recovered airframes re-enter at Station 8 — capacity on top of build rate.
Retool, don't build
Drops onto existing domestic automaker (Ford · GM · Stellantis) body-shop lines.
<120 parts
Generous tolerances, ~30 hr assembly — Barracuda-class build discipline.
≥1,000/day
Across ~9 lines; pro-worker — robots take the dull & dangerous, people do the skill.
WILDFIRE
09 / 18
Market

A $12.7B tactical-UAV market by 2031.

MARKET — TAM / SAM / SOMTAMTactical UAV market, 2031$12.7BSAMGroup-3 / affordable-mass segment~$3BSOMWILDFIRE obtainable share by Y5~$350MTAM ~$6.98B (2026) → ~$12.7B (2031), ~12–13% CAGR. SOM = Y5 model revenue. [sourced; SOM ASSUMPTION]
TAM
~$6.98B (2026) → ~$12.7B (2031), ~12–13% CAGR — Group-3 the largest slice.
Funded
$54.6B FY27 DoD drone request; Replicator scaling affordable mass now.
Beachhead
We need a sliver — SOCOM & allied FMS first, then scale on contracts.
WILDFIRE
10 / 18
Economics

We send many, lose a few — most come home.

COST-EXCHANGE PER ENGAGEMENT$4.1MPAC-3 MSE$130kWILDFIRE (reusable)31:1defender loss
Cost-per-effect
A $4M+ interceptor on a $130k reusable airframe = 31:1 for the defender.
Reuse multiplier
$130k amortized over 50+ sorties → Shahed-class cost, far more capability.
Attrition-tolerant
Designed to be lost — and mostly isn't. Magazines empty before we do.
WILDFIRE
11 / 18
Business model

Lean burn, hardware mass, software margins.

5-YEAR P&L — LEAN BUILD, REVENUE-FUNDED$0M$50M$100M$150M$200M$0.5MY1Garage$5MY2First OT$25MY3LRIP$80MY4Scale$200MY5Rate25%50%RevenueCOGSGross margin %Illustrative model [ASSUMPTION]
Lean & non-dilutive
First flight on <$3M — SBIR/STTR + a tiny seed do the heavy lifting.
Revenue-funded
Phase III / OTA prototype contracts fund scale — we don't raise our way there.
High-margin tail
Hardware ~45% GM; autonomy software & sustainment ~70–80% GM, growing fast.
WILDFIRE
12 / 18
Go to market

Non-dilutive into a program of record.

GO-TO-MARKET — NON-DILUTIVE → PROGRAM OF RECORDSBIR Ph I/IIAFWERX · ~$2MY1OTA prototypeDIU / consortiumY1–2Blue UASapproved listY2Replicator /prime subcontractY2–3Production OTLRIPY3–4Program ofRecord pursuitY4–5
24-MONTH MILESTONE ROADMAPQ1Q2Q3Q4Q5Q6Q7Q8Incorporate · team · IPPrototype buildFirst flightAFWERX SBIRBlue UAS listingOTA / DIU awardLRIP startPOR / Replicator capture
SBIR/STTR → AFWERX/DIU OTA → Blue UAS listing → Replicator / prime subcontract → program of record — first flight inside 24 months.
WILDFIRE
13 / 18
Customers

Collection the IC can task freely.

USSOCOMCombatant CommandsNGA / GEOINTNRO taskingArmy · USAF · USNAllied / FMSDHS / CBP
Tasking
Persistent GPS-denied ISR, SIGINT/EW geolocation, find-fix-designate.
Attritable
Commanders can risk it in contested airspace — without a $30M loss.
Allied
MTCR-favorable for FMS to partners; DHS/CBP for the homeland mission.
WILDFIRE
14 / 18
Team

A garage outfit that ships.

Autonomy DNA
Founded by an AI Grand Prix (Anduril autonomy challenge) competitor — the vision-only, GPS-denied flight stack is ours.
3–5 people
A tiny technical core in a hangar; we integrate proven parts and contract the metal — we don't reinvent.
Advisors
Defense-acquisition & IC operators [TBD] to de-risk the contracting path.
Lean and mean: capital-efficient because we build the autonomy and buy everything else.
WILDFIRE
15 / 18
The company

A Delaware C-corp, built to take contracts.

1 · Incorporate (DE)
Authorize ~10M shares common; bylaws; board; reserve a 10–15% option pool.
2 · Founder stock + 83(b)
Issue founder stock; file 83(b) within 30 days (hard deadline; starts the QSBS clock).
3 · EIN
Federal EIN from the IRS — instant, online.
4 · IP assignment
Every founder, employee & contractor assigns all IP to the company.
5 · SAM.gov → UEI + CAGE
Register on SAM.gov; auto-issues your 12-char UEI and a 5-char CAGE code.
6 · NAICS 336411
Aircraft Manufacturing (covers UAVs); add 336412 / 541715 for R&D.
7 · DCAA-compliant books
GovCon accounting — segregated cost pools + timekeeping — for SBIR II / OTA.
8 · DDTC + CMMC
Register with DDTC before ITAR manufacturing; begin CMMC L1/L2 readiness.
Eight steps from incorporation to contract- and venture-ready — file the 83(b) within 30 days.
WILDFIRE
16 / 18
Strategic fit — Kratos

A Group-3 line for an affordable-mass prime.

Portfolio fill
Kratos fields ~$4–6M jet CCAs (XQ-58 Valkyrie) & target drones. WILDFIRE adds the reusable Group-3 tier beneath — the affordable mass they do not yet build.
Prime & scale
Kratos brings DoD past performance, OTA vehicles & lines; WILDFIRE brings a GPS-denied autonomy stack and an automaker-line cost model.
Teaming → exit
Subcontract on Group-3 pursuits → co-bid Replicator → strategic acquisition once the line is proven.
Why Kratos
An affordable-mass prime (XQ-58 Valkyrie) with DoD lines & past performance.
The fit
WILDFIRE is the reusable Group-3 tier below their jets — the mass they don't build.
The path
Team on Group-3 pursuits → co-bid Replicator → acquisition once proven.
WILDFIRE
17 / 18
The ask

$1.5M to first flight — non-dilutive does the rest.

USE OF FUNDS — $1.5M LEAN SEED · SBIR STACKED ON TOPPrototype airframe & parts40%Engineering (3–4 hires)30%Flight test & range time12%Compliance · SAM / ITAR8%Runway / reserve10%
Lean raise
~$1.5M pre-seed / seed — enough to build and fly the prototype.
Non-dilutive stack
SBIR Phase I → II (~$2M) + AFWERX / DIU OTA on top — minimal dilution.
To first flight
<$3M total · ~5 people · hangar-built · then contracts fund the scale.
~$1.5M seed · SBIR/STTR-funded prototype · Delaware C-corp (syndicated, SBIR-safe) — we get to first flight in a garage, then let government contracts pay for growth.
WILDFIRE
18 / 18
The bottom line

Reusable. GPS-denied.
American-built.

A lean Delaware C-corp building affordable mass that survives, returns, and re-flies — on the lines America already has. Garage to fielded on <$3M.
Full written plan →Defense plan →Engineering dossier →← Pitch
WILDFIRE