The startup develops a blockchain-based ammunition tracking system that monitors individual rounds of ammunition throughout the production and supply chain. This technology enables law enforcement to trace firearms back to their shooters without needing the actual weapon, enhancing accountability and safety in gun ownership.
Funding
$52M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing ammunition management systems lack transparency, accountability, and control, leading to wasted resources, difficulty in tracing illicitly manufactured ammunition, and threats to global security. Taxpayer dollars are wasted annually destroying unmarked bullets.
Solution
Bullet ID provides an ammunition tracking and inventory management solution that serializes individual rounds using laser-etching technology to apply a unique barcode on each brass cartridge and its packaging. This identifying code is then scanned onto a secure, trackable blockchain database. Authorized users can access the encrypted database through a smartphone app to track ammunition from production to distribution, enabling improved inventory control, reduced waste, and enhanced forensic capabilities. The system facilitates the management of ammunition stockpiles and shortages, potentially saving billions of dollars annually, and allows law enforcement to trace ammunition back to its origin without needing the weapon.
Target Audience
The primary target audience includes law enforcement, military branches, governments, and ammunition manufacturers seeking to improve ammunition tracking, inventory management, and accountability.
Features
- Specialized laser technology etches a unique barcode onto each brass cartridge and its packaging.
- Secure and trackable blockchain database stores the identifying code.
- Mobile scanning app provides authenticated users with instant access to essential information.
- Ammunition tracking history, accessible through the app, enhances inventory management.
- The app can read a bullet casing’s laser-etched code even when less than 50% remains intact.
- Integration with existing barcoding systems is seamless and rarely requires capital expenditure.
- High-speed laser etching process does not affect the performance, integrity, or accuracy of the round.
- Geo-location tracking and digital chain of custody.