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Lambdaton Net Worth 2024 Update (Before & After Shark Tank)

Lambdaton, A commercial grade hexacopter, was started by James Palmer. The company launch date is unknown. Lambdaton’s net worth was $1.5 Million at the time of their pitch in 2015 based on the $150,000 offer for 10% of the equity of the company. 

They appeared in Season 1 of Shark Tank Australia in 2015. But the Sharks were not interested in investing in Lambdaton. Sharks were not interested in the products and stated better luck this time.

Lambdaton is a commercial-grade hexacopter that went out of business. Their products no longer exist in the market.

Lambdaton Net Worth

Net worth$1.5 Million (Business Valuation)
Lifetime sales
Investor
FounderJames Palmer

Lambdaton Net Worth Timeline

Net Worth 2024Out Of Business
Net worth valuation in 2015 before appearing on Shark Tank  $1.5 Million

Lambdaton Pitch on Shark Tank

ProductA commercial-grade hexacopter
EpisodeSeason 01 Episode 02
Founder James Palmer
Asked for$150,000 offer for 10%
Company nameLambdaton
Final dealNo Deal
SharksNone
LocationAustralia

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Lambdaton Founder

Lambdaton was founded by James Palmer. The company launch date is unknown. He is a passionate inventor. He is also a tech enthusiast. Lambdaton’s founder, James Palmer net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2015Lambdaton appeared on Shark Tank Australia.

Conclusion

Some companies that appear on the show have not achieved great success, and the Lambdaton was one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, the Lambdaton business shutdown date was publicly unavailable. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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