The company that was previously known as Slinger Bag has rebranded itself and gone public in the United States through a process known as a reverse merger. Backers on Indiegogo and Kickstarter are anticipating that their portable tennis ball launcher will be delivered in the early years of 2020. The launch date is quickly approaching.
Through a process known as a reverse acquisition, the company has stated that it has changed its name from Lazex Inc. to Slinger Bag and that its ticker symbol has been changed to “SLBG.” Since the 21st of November, all of this has been in effect because it was given the green light by the Financial Industry Regulatory Authority (FINRA), which gave it its stamp of approval.
Recent developments at Slinger Bag include the appointment of Mike Ballardie to the role of president. He earlier served as CEO of Prince, which is recognized as one of the most successful tennis brands in the world.
The device is a novel tennis ball launcher that garnered more than 6,000 backers on Kickstarter and Indiegogo, raising a total of over one million dollars for the project. The item is styled to mimic an oversized tennis bag in its overall appearance. It has enough space for a variety of items, including your tennis racquet, a water bottle, and many more. It even comes with a USB connector, so you can charge your phone as you work on your form.
The primary purpose of it, though, is to launch tennis balls in your general direction. Users have the ability to control not only the launch speed but also the launch frequency of the balls, which may travel at rates of up to 118 miles per hour. The fact that the bag is both lightweight and portable gives it an advantage over other similar products on the market. You may transport it by hand, roll it, or stow it away with ease in the trunk of your vehicle.
When compared to other ball launchers, which normally sell for well over a thousand dollars, this one is quite inexpensive as well. When it finally becomes accessible to the public, it is anticipated that the price of Slinger will be $399.
You may watch an example of it in use down below.
You have your very own ball guy to help you practice your serving technique whenever you feel like it.
The release of the product had been anticipated to take place early in 2019, but it has been subject to a number of setbacks. It would appear that we are currently in the home stretch, and it is anticipated that shipping will begin somewhere in the early part of the following year. The backers of the crowdfunding initiatives are waiting for this with bated breath because they were not too pleased when they learned of the delays. In tandem with this, the initial specifications were scaled back significantly.
Despite that, it does appear that this will be an intriguing product in the future. Recently, the bag was selected as one of the top five finalists in the Start-Up Challenge, which was organized and run by the Sports and Fitness Industry Association (SFIA).
At this point, the bag does not actually face any significant competition from anything else. On the other hand, Hydrogen Sports is now developing a portable tennis machine that can be controlled with a smartphone. This may soon change. This one will be roughly half the size of a typical tennis ball machine, and it will come with slightly better specifications than Slinger, assuming that everything goes according to plan. However, the cost will be significantly higher. When it finally goes on sale during the summer of 2019, the Proton is anticipated to cost $519.
This is all really encouraging news. It indicates that beginner tennis players should soon be able to participate in matches without feeling embarrassed.