Launching Adranos: Crisis, Fundraising, and a Rocket Startup's Journey with Chris Stoker
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Launching Adranos: Crisis, Fundraising, and a Rocket Startup's Journey with Chris Stoker
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In this episode of Momentum, host Torlando Hakes talks with Kelley School alum Chris Stoker about his incredible journey building Adranos, a groundbreaking rocket fuel company. Chris shares how his unique JD/MBA background provided essential skills for navigating the complexities of a high-tech startup, from crucial legal work to financial modeling.
Discover the real story behind fundraising, including how Chris and his co-founder secured early capital through pitch competitions and later attracted millions in private and government investment, eventually leading to an acquisition by leading defense tech company Anduril Industries.
Chris opens up about the intense pressure and constant crises faced while scaling a defense tech venture, and the critical importance of building a network and reputation based on reliability and results.
Learn about the challenges of transitioning during a major company acquisition and Chris's post-exit life lessons, including his ultimate advice for aspiring entrepreneurs: “Don't be afraid”. Tune in for an honest look at the grit, strategy, and perseverance required to build and successfully exit a technology startup.