Tracking Point has combined the technology of a fighter jet with a gun to develop the 'smart rifle'. The Austin, TX company was established in 2011 and has quickly grown to over 80 employees with plans to expand even bigger. Even though the rifles cost between $9,000 and $27,000, there are growing waiting lists. Tracking point took TheStreet's Debra Borchardt to the shooting range to test the rifle out. The consensus? It's pretty impossible to miss.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

More from Video

Jim Cramer: Will Apple or Amazon Become the World's First Trillion Dollar Stock?

Jim Cramer: Will Apple or Amazon Become the World's First Trillion Dollar Stock?

It's Dumb to Think Legalizing Weed Is Still a Political Issue

It's Dumb to Think Legalizing Weed Is Still a Political Issue

Video: How to Select Mutual Funds in Your 401(k)

Video: How to Select Mutual Funds in Your 401(k)

Racing Legend Mario Andretti Has Great Advice for Retirees

Racing Legend Mario Andretti Has Great Advice for Retirees

Arianna Huffington on Burnout, Tech-Life Balance and Why Amazon's CEO Agrees

Arianna Huffington on Burnout, Tech-Life Balance and Why Amazon's CEO Agrees