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ABBS holds multiple patents for its proven VGAM™ vehicle mine protection system and a new patent pending for a Zero-Zero Crash Prevention system for light aircraft and eVTOL’s. Raising new funding now to enter the full commercialisation phase, with live projects for both technologies.

  • ABBS tests indicate it can provide full protection against land mines and IEDs
  • ABBS is developing Safety Systems designed to prevent serious eVTOL crashes.
  • Major Collaboration Agreement for eVTOL system development being discussed 
  • US Army, UK MOD and Israeli, Turkish and Indian company projects to develop specific vehicle systems

Idea

• Mines and IED's (Improvised Explosive Devices) accounted for over 80% of UK and US army casualties in Iraq & Afghanistan. The IED threat is worldwide as various groups use these devices to disrupt Government authorities and normal civilian life.

• The technology has been developed over 12 years with over £7million invested in R&D. Our research suggests that we can completely protect the occupants of armoured vehicles from blast mines and IED's.

• Development is now taking place with the US Army, Israel, and the UK, with several new global marketing channels in place; with interest from India, Pakistan,Turkey and the Middle East.

• The armoured vehicle market ranges from lightweight Special Forces vehicles such as Toyota Land Cruisers to very large 30-40ton Armoured Personnel Carriers (APC's) and Main Battle Tanks (MBT's) which make up an annual market value of about $20billion.

• eVTOL Aircraft are moving towards commercial use with over 400 current projects. ABBS is tasked by EASA and EUROCAE to draft the safety regulations for emergency descent arrest systems.

• As we move towards commercialisation of our protection systems, funding is required for marketing, further R&D, maintaining and expanding the IP/patent portfolio as well as expanding our ability to produce the components required for our solutions.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

ABBS has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.