First Light Solutions

Deal

A sonar-based man-overboard detection system

Season 3 · Ep 3 Business ServicesAired 17 August 2006

Best known from its Dragons’ Den appearance, First Light Solutions is a a sonar-based man-overboard detection system in Season 3, and convinced RichardFarleigh to invest.

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From the show

The Dragons’ Den pitch

£100K
Asked for: 30%
Offered equity: £333K
Sought valuation: £100K
Deal amount: 30%
Deal equity: £333K
Deal valuation

Matthew Hazell walked into the Den in Season 3, Episode 3 in the episode that aired 17 August 2006. First Light Solutions, the a sonar-based man-overboard detection system, pitched in the Business Services category, one of 30 business services businesses to brave the Den across all 21 seasons.

On the carpet, the number was £100,000 for a 30% stake, which valued the company at £333K.

RichardFarleigh made the deal at £100,000 for 30% equity. The deal valued the company at £333K.

First Light Solutions was one of 73 businesses to pitch in Season 3, where 8 deals got done. In the Business Services category overall, roughly 93% of pitches have landed a dragon across the show's history.

RichardFarleigh£100K

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Frequently asked questions

Where can I buy First Light Solutions?

Check current price and availability on Amazon. Note that some Dragons’ Den products are discontinued or sold under a new name.

Did First Light Solutions get a deal on Dragons’ Den?

Yes. First Light Solutions closed a deal for £100,000 in exchange for 30% equity, with RichardFarleigh.

Which dragon invested in First Light Solutions?

RichardFarleigh invested in First Light Solutions (£100,000 total as aired).

What season of Dragons’ Den was First Light Solutions on?

First Light Solutions appeared in Season 3, Episode 3, which aired 17 August 2006.

How much was First Light Solutions asking for on Dragons’ Den?

The founders asked for £100,000 for 30% of the company, a £333K valuation.

Dragons' Den Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.