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21-year-old Nigerian founders turn to hardware after building acquired and funded software startups

techpoint.africa/2024/1...

submitted about 1 year ago by ubi24

21-year-old Nigerian founders turn to hardware after building acquired and funded software startups

submitted about 1 year ago by ubi24

21-year-old Nigerian founders turn to hardware after building acquired and funded software startups
  • Nathan Nwachukwu and Maxwell Maduka, both young entrepreneurs, have built successful startups and are now working on Terrahaptix, a drone company in Africa.
  • They use a unique business model where they get contracts to produce drone fleets for big corporations, ensuring a steady stream of revenue even after the initial contract ends.
  • Despite facing geopolitical challenges, they aim to dominate a significant portion of the African drone market and contribute to the industrialization of Africa.
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