The COVID-19 pandemic made matters worse, as social distancing regulations curtailed paintball games, which are often played in teams in relatively small areas. Sportz has struggled in recent years, racking up more than US$45 million of losses since the end of 2018. The partnership demanded repayment four days after becoming the lenders, court papers show. The firm is part of a partnership that in September took over as lenders to G.I. The company is majority owned by private equity firm Fulcrum Capital Partners. Tippmann sells some of the sport’s most popular guns, called markers. Sportz offers a variety of paintball equipment, including ammo, protective gear and apparel, as well as the gas-powered guns used to the play the sport. Sportz, identified in Canadian documents last year as the largest global manufacturer and distributor of paintball-related products, has “no ability to repay” the US$29 million it owes under a credit agreement, according to a sworn statement from the company’s receiver.Ī judge in Quebec on Thursday handed broad control of the firm’s finances to consulting firm KSV Advisory, bankruptcy court papers show. and Tippmann Sports after they defaulted on US$29 million of debt. Asked about Spot’s Rampage, Stephens said, “The team will do a much better job explaining the vision than I can, so I’ll leave it to them.A court-appointed receiver plans to sell paintball equipment makers G.I. But Trae Stephens, a member of Founders Fund and also a cofounder of Anduril, a company set up to develop cutting-edge military technology, previously funded another MSCHF project-a social app that’s sole function is sending every user an alert when a button is pressed. The collective says the money for its stunts comes from “venture backing,” without providing more detail. The stunt is a little ironic, too, considering MSCHF’s backstory.

To be honest, I had more fun controlling the legged machine, which was configured to automatically avoid obstacles, than unloading paintball pellets, but perhaps that’s just a pacifist tendency.

I could move the robot and fire its gun through a web app. Replicas of several artworks-including Marcel Duchamp’s bicycle wheel, Andy Warhol’s Brillo Boxes, and a KAWS toy sculpture-were arranged around a room with white walls, visible through a camera on Spot. I had the chance to take Spot (and its gun) for an internet-controlled spin. Perry says the company offered to help MSCHF set up a demonstration that didn’t involve using a gun, including on-site technical support and a couple of spare Spots. The MSCHF crew claim that Boston Dynamics offered it two extra Spots to cancel the stunt and remove the paintball gun.

Paintball gatling gun blueprints