Long before the days of Venture Capital, Nolan Bushnell had secured a $20 million loan from Merrill Lynch using his Atari and Chuck E. Cheese stock as collateral. Unfortunately, both stock companies went into a downward slump at the same time and Merrill Lynch called the loan, forcing Nolan to close Androbot. However, he was still confident in his entrepreneurial abilities, so he then started five companies in parallel using a "business incubator" model, where each of the companies shared the same office space and administrative staff, etc. One of these five companies was Axlon Toys. Even on a shoestring budget, competing against Worlds of Wonder, who had just gone public on the New York Stock Exchange, Nolan, Andy and their small staff were really prolific in their toy innovations. They used some of the technology that they were already developing at Androbot to create such early innovative robotic toys as the popular AG Bears and Tech force Robot fighters which were quite cutting edge for their time. This vintage styled design includes the original Axlon logo with plenty of wear and tear. Pick one up and wear it to your next robotics meetup as it's always a conversation starter wioth those in the know!
Tags: technology, 80s, 1980s, gamer, pacman