TrackingPoint Restructures, Accepting Orders

TrackingPoint Logo

TrackingPoint announced the company has completed a restructuring of its finances and operations, and it is now working to fulfill its order backlog. The company is also accepting new orders.

As previously reported, the company stopped taking orders in the spring. According to a company statement, rapid growth (nearly 300% year over year) overwhelmed the company management.

“This is a new beginning for TrackingPoint,” said TrackingPoint CEO John McHale. “We will focus intently on the consumer, continue to innovate, and operate in a way that ensures long term success.”

As part of the restructuring, McHale, a company founder, returned to his former position as company CEO. John Lupher, another founder, has returned to the company and reassumed┬áhis previous role as vice president of engineering.┬áThe company’s investors include the Friedkin Group, Goff Capital Partners, and McHale Labs.



Richard Johnson

An advocate of gun proliferation zones, Richard is a long time shooter, former cop and internet entrepreneur. Among the many places he calls home is http://www.gunsholstersandgear.com/.


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  • Matt

    I thought they went bankrupt?

    • Giolli Joker

      Me too.
      BTW, of the two vehicles in the video, what is the more angular looking one?
      The other should be a Local Motors Rally Fighter.

      • Paladin

        Based on the credits in the last 3 seconds of the video, I’d say its a new offering from Local Motors called the XC2V. Looks like a helluva daily driver.

        • Giolli Joker

          Thanks. Apparently a Rally Fighter mocked up to get DARPA’s interest…

    • powerwiz

      Usually bankruptcy is just a path to clearing the debt.

  • TheNotoriousIUD

    Just to get it out there these things are like fifteen grand each, right?

    • Rusty Shackleford

      They finally reduced the price?

      • TheNotoriousIUD

        Not that im aware of.

    • That and up to $50,000 for the entire package gun included.

      • TheNotoriousIUD

        Then I hope they kept their bankruptcy attorney on retainer because this is going to be a real short comeback.

  • tazman66gt

    so, rapid growth caused them to go bankrupt? never heard that before, “our sales are through the roof, lets go bankrupt!”

    • Joshua

      that’s actually one of the most common reasons for bankruptcy, when you have more interest than capability you have to take out a loan to increase capability, the repayment on the loan tightens your margins, then if you get hit by anything, you don’t have the margin to absorb it.

  • tony

    “rapid growth (nearly 300% year over year) overwhelmed the company management ”
    First time I have heard of that as a reason.

  • Brett

    Is that Richard Ryan?
    …Ok, just watched the end of the video. He is getting places.

  • LCON

    Is it me or do those Shot glass look like the goggles on the cover of Ghost Recon future soldier? Any Way Figured they were coming back.

  • HKGuns

    Yawn