Confidential · NDA
Financial model & funding plan

The numbers, and how Ireland funds them.

A capital-light, grant-anchored path to a sovereign Irish drone line — sited in the County Donegal Gaeltacht to layer the strongest Irish supports. Figures are modelled; final numbers follow site, energy and labour quotes and grant approvals.

Use of funds

€2.2M to stand up the line.

Turnkey production line (tier-1 OEM, under NDA)€1.20M
Facility fit-out (Gaeltacht unit)€0.25M
Test, QC & clean assembly area€0.25M
Engineering, tooling & jigs€0.15M
Certification & working capital€0.25M
Contingency€0.10M
Year-1 capital€2.20M
Sources of funds — the Irish stack
Údarás na Gaeltachta capital grant€0.50M
Enterprise Ireland (Smart Regions / RD&I)€0.40M
Enterprise Ireland HPSU co-investment€0.50M
Founder / private / investor equity€0.80M
Total raised€2.20M

~59% non-dilutive (grants + State co-investment). Investor equity ask ≈ €0.8M.

3-year model

Illustrative P&L.

€'000Year 1Year 2Year 3
Revenue5003,5009,000
Cost of goods (motor in-house)(350)(1,750)(4,050)
Gross profit1501,7504,950
Operating costs (staff, facility)(650)(1,400)(2,600)
EBITDA(500)3502,350
Headcount152845

Illustrative model for discussion — not audited accounts or a forecast of results.

Scenario calculator

Run the unit economics live.

Annual revenue
Annual gross profit
Capex payback
Units / year

250 working days/yr · €2.2M capex · figures modelled, indicative only.

Why this is the perfect Irish investment

Sovereign capability + a stacked grant base.

⬇ Download Financial Briefing (PDF)

4-page professional PDF with detailed tables, analysis and modelled figures.

Further engagement

Questions about scaling?

Contact us to discuss the full model, assumptions, and scaling beyond Phase 1.

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Equipment capex · per line

~€800k of machines, itemised.

6× multi-spindle winding cells€222k
VPI impregnation + cure oven€110k
Bearing press + assembly automation€75k
3× EOL test stands (Kv/thrust/vib/dielectric)€70k
Pulse magnetiser + in-house fixture€55k
2× dynamic balancing machines€46k
Kitting / handling / conveyors€46k
Vision / AOI€37k
Surge / hi-pot testers€18k
Integration, controls, install, N+1 spares€121k
Equipment per line€800k
All-in line & the €75M scale
Equipment€0.80M
Fit-out (leased Údarás unit)€0.25M
First inventory + working capital€0.65M
Certification share + contingency€0.50M
All-in per line€2.20M

Market ranges: winders $6.5k–$80k ea; SMT/PCB line $200k–$800k. Supplier under NDA. At €75M: 8 motor lines (~€16M), an SMT/PCB line, R&D/IP, a second Gaeltacht site, the PCB→compute frontier seed, and working capital. Modelled, to be validated.

Return to the Irish State

Funded once — earned back.

Channel5-yr cumulative (modelled)Note
Employment taxes (PAYE · USC · PRSI)~€8–12M150-job ramp in the Gaeltacht
Employer PRSI (~11.05%)~€2–3Mon a growing payroll
Corporation tax @ 12.5%~€3–4Mon the EBITDA ramp by Year 5
Import substitutiontens of €M€14k–22k kept onshore per indigenous drone
Sovereign defence capabilitystrategicindigenous supply to the €1.7bn plan

Grants are returned through tax and jobs within a few years; surplus margin is reinvested into Irish jobs. Irish CT 12.5% · employer PRSI ~11.05% · CSO/Revenue bases. Modelled, to be validated.