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 | – |
| Founder | James Palmer |
Lambdaton Net Worth Timeline
| Net Worth 2024 | Out Of Business |
| Net worth valuation in 2015 before appearing on Shark Tank | $1.5 Million |
Lambdaton Pitch on Shark Tank
| Product | A commercial-grade hexacopter |
| Episode | Season 01 Episode 02 |
| Founder | James Palmer |
| Asked for | $150,000 offer for 10% |
| Company name | Lambdaton |
| Final deal | No Deal |
| Sharks | None |
| Location | Australia |
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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
| Year | Accomplishment |
| 2015 | Lambdaton 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.
