George Matus began taking pictures with drones as well as racing them when he was still in middle school. During this time, he felt that there was no drone that allowed for racing and photography. He also saw that there was no “out-of-the-box” drone that could be raced and compete without any modifications. After seeing these problems and working thru multiple iterations of his product he opened his own company at the age of 17.
This company, Teal Drones, aimed to make a drone that could be raced and as well as used for photography. They came out with one of the fastest drones on the market. It can go over 70 miles per hour! However, these drones’ cost over 1200 dollars and have little use for civilians, so Matus pivoted. Matus created the Golden Eagle a drone that can go over 50 miles an hour, withstand 30 mile per hour wind gusts, and has an operating radius of over 2 miles. This is shown in more detail thru the video below. More importantly, the Golden Eagle has AI computing that allows it to track people, vehicles, and animals in real time.
The Golden Eagle led to Teal securing a contract with the department of defense. This contract put Teal and George Matus on the map. It also led to Teal being bought by a Red Cat Holdings a publicly traded company. Teal, under Red Cat, now is selling their drones to the Department of Defense and positioning their product to be used by ranchers, construction companies, and private security contractors. George Matus took his passion and turned it into a booming business, by seeing a problem, making a product to fix it thru many iterations, pivoting, and finally selling to a public company for a large profit; George Matus is a very impressive young entrepreneur.