Desktop Waterjet Cutter Raises $1.4 Million on Kickstarter

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
Desktop Waterjet Cutter Raises $1.4 Million on Kickstarter

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A desktop waterjet cutter would seem to be a niche product in a niche so small as to be ignored. However, the “first desktop waterjet cutter,” called WAZER, has already raised $1.4 million and almost certainly will raise more.

On Kickstarter, the product is described as one that can:

Cut any material with digital precision using high pressure water. A compact waterjet for every workshop.

The product costs $5,999, which apparently is cheap:

WAZER is the first waterjet cutter that can fit in every workshop. It cuts through any material and is compact and contained, making it, clean, safe and quiet to operate. WAZER’s digital control achieves detail and accuracy impossible by hand, while freeing you up to complete other tasks.

Traditional waterjets cost upwards of $100,000, but with WAZER, we’re changing that, bringing this advanced technology to every workshop.

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As is traditional at Kickstarter, investors get a gift for investing. For WAZER, these range from a T-shirt for those who pledge $25 or more to this for people who invest $4,499 or more:

25% OFF $5,999 MSRP (save $1,500)
Comes with waterjet and pump.

Optional Stand: ADD $250 to pledge total.

The drive for investors has been successful. Investors have put in $1,398,761, which is 1,398% by 1,032 backers. And interested investors have another 29 days to put money in.

WAZER does not say what it will do with all the extra money.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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