TrackingPoint going bankrupt

[CathyInBlue]

TrackingPoint Going Under - Shooting Sports Retailer

I guess when your company's only product is a $10k rifle, even if it guarantees hits on a moving target at 1k yds., it's not enough to stay a going concern. At least they've given inspiration to Linux/gun hackers the world over. It's only a matter of time before more such weapon systems hit the market at significantly lower price points.

 

[Beowulf]

Hey now, they dropped their price to only $7500 back in October.

Still, I never really saw much application for these things outside of a military or law enforcement application and I don't know if the the scopes were really rugged enough for that. Looks like the market agreed.

 

[TRWXXA]

Hey now, they dropped their price to only $7500 back in October.

Still, I never really saw much application for these things outside of a military or law enforcement application and I don't know if the the scopes were really rugged enough for that. Looks like the market agreed.

They were probably hoping to get a lucrative government contract when the weapon was in development, and one never materialized. Hell, if you can get a pentagon contract you can produce almost nothing for years and laugh all the way to the bank. At least these guys brought something to market. No shame in a legitimate attempt.

 

[Beowulf]

They were probably hoping to get a lucrative government contract when the weapon was in development, and one never materialized. Hell, if you can get a pentagon contract you can produce almost nothing for years and laugh all the way to the bank. At least these guys brought something to market. No shame in a legitimate attempt.

No shame at all. I think the technology isn't quite there yet for what they are trying to do. Give it a few more years and they'll be able to build the same set up, smaller, cheaper, and with a longer battery life. It's tough being on the bleeding edge, sometimes you can ride it to glory, other times you get cut down.

 

[Dead Duck]

If I had the money, I'd buy five of them.

WTS Remington 30-06 2020 Trackingpoint rifle $2k

 

[42769vette]

Especially when a product that expensive didn't have all the bugs worked out yet.

 

[Cameramonkey]

No shame at all. I think the technology isn't quite there yet for what they are trying to do. Give it a few more years and they'll be able to build the same set up, smaller, cheaper, and with a longer battery life. It's tough being on the bleeding edge, sometimes you can ride it to glory, other times you get cut down.

Amen to that. My company spent hundreds of thousands to develop a handheld service/billing program 7+ years ago. This was pre-Iphone, and crackberry and pocketPC/Palm ruled the world for handheld computing. Our system was awesome. It worked like a charm... UNTIL you actually tried to scale it to work with our customer base. Even after special coding to make it only pull 1 week's worth of customer visits for that single tech into the handheld PCs, they still choked and died and crashed the handheld. The project was eventually scrapped.

I am confident that if we tried the exact same thing today, we would have been successful because the only problem we had was the devices just couldnt hold all the data we needed them to. (causing crashes) It really sucks being ahead of your time.

 

[pudly]

TrackingPoint is taking another crack at business. From the article, it doesn't necessarily sound promising, but we can expect to hear some more from them.

TrackingPoint Gets Back Into the Game - The Truth About Guns

 

[Markus]

I stopped at their booth during the NRA show in Indy a couple of years ago. They were demoing their rifles (dry fire) and I was the only one there so I played with one for quite a while. I asked the guy how much they ran and when he said 13K I heard 13 and thought he meant $1300.00 and thought "I can swing that." When I realized he was saying $13,000.00, I slowly walked away.

 

[Dead Duck]

I stopped at their booth during the NRA show in Indy a couple of years ago. They were demoing their rifles (dry fire) and I was the only one there so I played with one for quite a while. I asked the guy how much they ran and when he said 13K I heard 13 and thought he meant $1300.00 and thought "I can swing that." When I realized he was saying $13,000.00, I slowly walked away.

I probably would have dropped the rifle.



I still want one............one that works of course.