Acton Skates is one of the most popular brands in the skateboard industry. This Silicon Valley based company manufactures electric roller skates. The company has grown to become a popular brand and is worth millions of dollars.
There are three different types of skates produced by Acton. These include RocketSkates, which are powered by a brushless hub motor and can travel up to eight miles. On the other hand, M Scooters are foldable and can carry up to 350 pounds. They can also be used standing up or sitting down. In addition, there is a 3 Wheel Electric Scooter.
Another product is the BLINK S-R which has enhanced braking and acceleration. Acton offers 0% APR financing options on its products. Depending on the model, the M Scooter can be purchased for up to $1599. Likewise, the RocketSkates cost between $400 and $700. Regardless of the type of scooter, Acton is known for its quality construction and craftsmanship. It is the lightest personal transportation device on the market.
As of April 2018, the company has a net worth of $166 Tisc. Although this is relatively low compared to other high-tech companies, the company’s products are still a viable option for urban commuters. While it may be a bit more expensive than a traditional skateboard, it is still the cheapest way to get around in cities.
One of the company’s founders, Peter Treadway, has also been on Shark Tank. He pitched his company’s wearable technology in the hopes of getting a $1 million investment. But he got much more than that. His company, Acton Intelligent Transportation Systems, received $2.5 million in seed funding and a $20 million valuation. Moreover, he has been granted over twenty patents, including a few in the realm of wearable transportation.
Meanwhile, his other startup, Acton Interactive, has been selling a $1 million dollar dollar product. However, it is estimated that the company’s sales only amounted to $2 million in 2015.
Peter is also a co-founder of Acton Worth. Along with his brother, Brian, Peter is one of the hottest names in the skateboard industry. He was born in Michigan, went to Lake Howell High School and later transferred to Stanford University, where he graduated with a degree in engineering. Afterward, he moved to Central Florida. After a stint at IBM, he became a self-employed entrepreneur.
Finally, there is the Sunlight Giving initiative. Sunlight gives to low-income families in the Bay Area and helps them access housing and nutrition. Similarly, Tegan Tegan is a Project Management license holder who recently joined the Solidarity Giving Foundation. Both of these are great examples of a philanthropy that benefits the community at large.
Although there are many companies that produce wearable transportation, none of them have achieved the hype that Acton has. This is because it has taken a lot of research and testing to find the perfect balance between affordability and performance.
Nevertheless, there is no doubt that Acton’s rocket skate is the tiniest electric vehicle on the planet. It can reach up to 11 miles per hour. You can activate and deactivate it with a simple heel click. Lastly, it will take around 90 minutes to recharge.