Daybreak Capital Partners is pleased to announce that it recently served as investment banker to Inertial Labs, Inc. in connection with the private placement of convertible preferred stock to various Family Office Investment Companies. The proceeds of the financing are being used to fund the rapid growth of its business.
Inertial Labs, Inc. (the “Company”) The Company is a designer, developer and manufacturer of position
and orientation and control technologies for both commercial/industrial and aerospace/defense
applications for air, land and sea applications. The Company’s proprietary line of products consist of:
Inertial Measurement Units (IMU), Motion Reference Units (MRU), Attitude & Heading Reference
Systems (AHRS), GPS-Aided single and dual antenna Inertial Navigation Systems (INS), and Miniature
and Subminiature 3D orientation sensors (OS3D).
The Company’s products have a compelling value proposition in the marketplace and offer a unique
combination of size, cost, functionality and performance within their product class. The Company’s
industry leading customers include global OEMs such as Rockwell Collins, Raytheon, U.S. Air Force,
Nasa, Ferrari, Garmin and Elbit Systems.
Daybreak Capital Partners (“Run by CEOs to Serve CEO’s”) is a specialty investment banking firm
predominately serving companies in the middle and lower middle markets. The company is founded
on the premise that senior level investment banking service combined with expert industry specialists
will produce distinguished results for our clients in the marketplace. (www.daybreakcapital.com)