01 / 15
Investment Brief · 2026 · Confidential

WILDFIRE

AGP-1 · Reusable Group-3 Combat UAS
WILDFIRE
02 / 15
The thesis

Reusable mass between the missile and the fighter.

$130k
reusable air vehicle
≥50
sorties per airframe
$3.2k
cost per sortie
A $130k reusable combat drone that flies 50+ ISR & strike sorties and comes home — the affordable mass the Pentagon can actually keep.
WILDFIRE
03 / 15
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
the Army's Group-3 program was cancelled in 2025 — the door is open
Replicator
the Pentagon is scaling attritable autonomy right now
WILDFIRE
04 / 15
The gap

The market split in two and left the middle empty.

COMPETITIVE POSITIONREUSABILITY →expendablereusableCOST PER EFFECT →high $low $sweet spotWILDFIREBarracudaFuryV-BATSwitchbladeJUMP-20
Expendable one-way effectors below, $25–30M exquisite CCA above. WILDFIRE owns the reusable, low-cost-per-effect sweet spot.
WILDFIRE
05 / 15
The product

One airframe, many missions.

WILDFIRE
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
WILDFIRE
06 / 15
The eye · AGP-EOS-1

The sensor comes home.

AGP-EOS-1 gimbal
EO daylightMWIR thermalSWIRLaser designatorSpot tracker
A high-end gimballed turret on an expendable drone dies on every shot. On WILDFIRE it is recovered and re-flown 50+ times.
WILDFIRE
07 / 15
Market

A $12.7B 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]
Tactical-UAV TAM ~$6.98B (2026) → ~$12.7B (2031), ~12–13% CAGR.
WILDFIRE
08 / 15
Economics

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

COST-EXCHANGE PER ENGAGEMENT$4.1MPAC-3 MSE$130kWILDFIRE (reusable)31:1defender loss
A $4M+ interceptor spent on a $130k reusable airframe is a 31:1 loss for the defender.
WILDFIRE
09 / 15
Financials

Operating-positive by Year 4.

5-YEAR P&L — REVENUE · COGS · GROSS MARGIN$0M$100M$200M$300M$3MY1Proto$15MY2Qual$60MY3LRIP$170MY4Scale$350MY5Rate25%50%RevenueCOGSGross margin %Illustrative model [ASSUMPTION]
~$350M revenue by Year 5 at a blended ~45–55% gross margin (illustrative model).
WILDFIRE
10 / 15
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
WILDFIRE
11 / 15
Execution

Incorporation to first flight in 24 months.

24-MONTH MILESTONE ROADMAPQ1Q2Q3Q4Q5Q6Q7Q8Incorporate · team · IPPrototype buildFirst flightAFWERX SBIRBlue UAS listingOTA / DIU awardLRIP startPOR / Replicator capture
WILDFIRE
12 / 15
The ask

$20–40M to fly it and win the first contract.

USE OF FUNDS — $30M SEED/A (illustrative)Engineering & prototype40%Tooling & mfg partner20%Flight test & cert15%GTM / BD / capture10%G&A · ITAR/CMMC/SAM8%Reserve / runway7%
$20–40M seed / Series A · Delaware C-corp (VC + QSBS) · syndicated across US funds to preserve SBIR eligibility · ~$60–120M cumulative to first LRIP — we lease the factory, not build it.
WILDFIRE
13 / 15
Entity & formation

Delaware C-corp — not an LLC.

VC-ready
SAFEs, priced rounds, option pool, NVCA docs. An LLC forces a costly conversion mid-raise.
QSBS
Up to $15M gain exclusion (Sec. 1202, expanded by OBBBA 2025) — C-corp stock only.
SBIR-eligible
>50% US-owned & controlled — syndicate across US funds, no single VC over 50%.
1 · Incorporate (DE)2 · 83(b) ≤30 days3 · EIN4 · Founder IP assignment5 · SAM.gov → UEI + CAGE6 · NAICS 3364117 · DCAA books8 · DDTC / ITAR
Incorporate as a Delaware C-corp on day one — it avoids a costly mid-raise conversion, starts the QSBS clock immediately, and a syndicated cap table keeps SBIR eligibility intact.
WILDFIRE
14 / 15
Who buys

Collection the IC can task freely.

USSOCOMCombatant CommandsNGA / GEOINTNRO tasking gapsArmy · USAF · USNAllied / FMSDHS / CBP
Persistent, GPS-denied ISR · SIGINT/EW · find-fix-designate in contested airspace — without risking a $30M exquisite platform.
WILDFIRE
15 / 15
The bottom line

Reusable. GPS-denied.
American-built.

Affordable mass that survives, returns, and re-flies — built on domestic automaker lines.
Full written plan →Defense plan →Engineering dossier →← Pitch
WILDFIRE