Iris Innovations USA Corp.

Iris Innovations is a verifiable, established marine electronics manufacturer (founded ~2002) with legitimate hardware products (NightRunner, Photon). However, the project submission is of extremely low quality, containing demonstrable falsehoods (reach: 'everyone', traction: 'most people have used my product') and confusing financial data ('marketcap: 50000'). While the underlying business has real-world utility and a history of operation, the submission's lack of professionalism and accurate data heavily penalizes the score. External verification confirms it is a 'Micro' entity (turnover <£1M) in a niche market, contradicting the implied scale.