Gil Teva · Tue, 11/29/2011 - 08:42
Business
Business Overview:
The car runs on compressed air instead of Gasoline.The present compressed air car have a low range, of not more than 50 Kilometers.The present compressed air cars have a very low efficiency, of less than 5 percent, in transfering the electrical energy into the driving.I inveneted a different concept that overcomes thes problems.The car that I invented can run 200 Kilometers before charging, and the efficiency is 30 percent.Patent was applied.
Project Type:
Industry:
Project Location:
Jerusalem, J, 93465Israel
Project Website:
http://www.ongreen.com/none What are your future milestones, and how much capital will you need to achieve each of the milestones outlined?:
I need $500,000 to built the car in 2 years.
What is your total and operating cash burn (the amount you're spending) per month? :
$20,000
How many future rounds of financing do you project? :
4
Services Desired:
Capital Broker/Dealer
Who is the Customer?:
When the car prototype will be ready, it will be possible to show it to people who can fund the production of the cars, or to establish a public company.
What is the Customer Pain that you are solving?:
Names of any current or recent customers:
none
What is the Target Market?:
1 billions cars in the world.
How big is the Target Market in terms of Annual Sales?:
> $50B
Sales/Marketing Strategy:
First to build the car.
After that to show it to the public or to investors.
Provide use cases :
?
Competition:
I hope not
One-line Pitch:
_____________________
Business Model:
firdt to build the prototype. after that to show to investors.
Product/Services Overview (what does it do):
A car.
Technology
What makes the technology/business unique and have a defendable competitive advantage?:
The car will be able to drive without recharging for 400 kilometers.
Describe in detail the technology used in the Project - Address the innovation in significant detail :
A different method.
What are the principles of the technology? :
Compressed air to drive a car.
What, if anything, has been proven (and how far is this from a commercial scale)? :
There are compressed air cars today but they have a very limited range.
My car should have a range of 400 kilometers.
What challenges/risk does the technology face for commercialization?:
The theory is based, but it is hard to see the results before building the car.
Patent Numbers (Filed/Approved):
I did not apply yet.
Team
| Name | Title |
|---|---|
| Gil Teva | President |
| Worker | Other |
| Worker | Other |
Financials
Amount Sought:
$500,000 If raising funds, what shall the funds be used for?:
to built a prototype of the car and to apply for a patent.
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