Thank you from Digital Dream Labs!
This will be our last update on this raise on Republic. We wanted to say thank you to all of those who have invested in us and we wanted to post a few updates before we close this round.
It is still early, but we are projecting sales of 150,000 to 200,000 units of Cozmo this year, $27 to $36 million in revenue.
We are projecting our sales from our other products including our chemistry and music games will match this, approximately. All of our games now are platform agnostic.
We are in discussions with a major car racing brand to partner and relaunch OverDrive. We do not have projections around this product just yet.
We are still working on Vector and first guess of sales are somewhere in the area of about 75,000 units or $18,750,000 in revenue.
Something overlooked that Anki built is its neural network of fleet management software called Elemental. Remember cabbies calling into to dispatch back in the day? This is the same thing, only for autonomous vehicles. The self driving car companies of the world are very interested in this software and IP. This is a start up all by itself. We are in talks with several heavy hitters in this field and we will most likely form a spin out. We will own a piece of this company and therefore, you will too.
Our first investor update meeting of the year will be Thursday January 23rd. We will be sending emails to everyone with a Powerpoint presentation. We host a call around 11 am EST and will see about how we can coordinate a center where everyone can call in and listen and watch the presentation.
Thank you again and wishing you the best for a prosperous 2020!