Two Sandia National Laboratories researchers are seeking a partnership with a private company to make and sell the self-guided bullet they developed.

Investment opportunity: Two Sandia National Laboratories researchers are seeking a partnership with a private company to market the self-guided bullet they developed.

The prototype design is a four-inch long bullet with a built-in optical sensor in its nose to detect a laser beam on the target. The sensor directs guidance and control information using an algorithm and a small central processing unit that helps steer tiny built-in fins to guide the bullet. According to the Sandia lab’s computer simulations, an unguided bullet in real world conditions can miss a target that is half a mile away by almost 10 yards. With this guided bullet, however, it could strike within eight inches of a target.