Share and Follow
Despite being turned down by “Shark Tank,” GeoOrbital went on to secure plenty of outside investments and financing, which may be due to the “Shark Tank” effect. The company was able to raise well over $1 million from StartEngine, and was named by Time Magazine in 2019 as one of the top 100 new inventions. Unfortunately, GeoOrbital co-founder Dakota Decker left the company that same year, and by the middle of 2020, many of the company’s social media accounts on Instagram and Facebook stopped posting any sort of updates. In addition, GeoOrbital is no longer listed as for sale on either the company’s website – which is still in operation — or Amazon, which says that the product is not available.
Read Related Also: Secret Invasion’s Nick Fury Wife Reveal Was Teased Years Ago
This is a rather curious development, considering that GeoOrbital still maintains an online presence on both their own site and LinkedIn, though they have certainly fallen into neglect. The fact remains that GeoOrbital is in some kind of limbo with nary a word from the company on any sort of update as to their status. The last information about GeoOrbital suggests that it was seeking $100 million in outside investment in 2021 and offering its shares in return. In other words, while GeoOrbital still exists, the company does not seem to currently be producing any new wheels, nor is its product available in any shape or form outside of a second-hand market.
