G-Drive Concept for Cheapar Clean Power Generation

M G Mon, 2010-07-26 23:12

M G · Mon, 07/26/2010 - 22:12

Business

Business Overview: 

An alternative power generation technology is being offered.

Potential partners will enjoy the benefits of the business as our both partners and clients. We are at the final stage of technology development by verifying the simulation findings on actual prototype(s). We would like to take this part of the challenge and continue with the commercialization period with our potential partners.

We expect our potential partner to furnish us with adequate machine lab and fund this stage of the challenge. Once we finish this stage as planned then we go for commercialization by formulating the details of the business together.

The scale of the opportunity is very high but can't be given by numerically at this stage. We will calculate it together on particular application basis.

Ideal business partners are the transport vehicle and power generation machinery producers, energy provision and oil companies, but not limited to those.

Creative ideas / offers are welcome.

Project Type: 
Project Location: 
Cambridge, MA, 02139
United States
What are your future milestones, and how much capital will you need to achieve each of the milestones outlined?: 

- Finishing the physical prototype verification stage to finalize inno-tech development. We need about $US 500,000 to complete this stage within 9-12 months,
- Finishing the start-up phase by receiving solid contracts form the clients. We need $US 2,000,000 to complete this stage within 12-18 months.
- Achieving ROI: our contracts with clients will ensure the ROI within some months (less than a year at worst by the time we begin the start-up phase)

What is your total and operating cash burn (the amount you're spending) per month? : 

$US 50,000 for the first stage.
$US 200,000 for the second stage.

How many future rounds of financing do you project? : 

Basically two rounds as:
First one is for funding the final stage of the technology development phase in the beginning.
Second one is for the start-up phase after finishing the first stage.

Services Desired: 
Accounting
Legal-Corporate
Human Capital/Recruiting
Legal-Intellectual Property
Distribution/Sales
Manufacturer
Engineering
Marketing
Supply Chain/Distribution
Grant Writer
Who is the Customer?: 

The ultimate customers are the consumers of any device using power/energy. However we plan to work on B2B basis with the companies already producing such goods using power. Ideally transport industry vehicle producers) and power generation industry (grid suppliers and turbine/generator manufacturers) are our prime customers. We plan to use their already available production plants and distribution channels. Actually it is their task to sell the technology products to the consumers.

What is the Customer Pain that you are solving?: 

Energy imperative: we provide better alternative energy source in terms of: cost (investment and operation), oil independent with superior mobility, sustainable, cleaner, safer, attainable tech, and affordable new products using power.

Many companies including our target clients as well as oil industry are seeking better source of energy as the most popular topic of the millennium.

Names of any current or recent customers: 

Target customers:
- Vehicle producers and/or global scale OEM manufacturers,
- Power machinery (turbines, generators) producers,
- Power suppliers to the grid,
- Several other industries using power.

What is the Target Market?: 

Transport vehicle industry as primarily our offering is a substitute to Internal Combustion Engines. Besides our offering is also a substitute to large scale power supply units such as turbines in power plants.

How big is the Target Market in terms of Annual Sales?: 
> $50B
Sales/Marketing Strategy: 

Our business partners in the form of clients as well will use their existing proficiency. For instance a strong vehicle brand can offer new vehicles with G-Drive technology as they are doing it for hybrid or other similar technologies.

The number of clients we can have is not massive. Therefore we plan to keep in touch with each of our customers on individual basis. We plan to locate our premises around the major brands to enable closer daily work for new product development.

Provide use cases : 

Our technology is tested on engineering simulation program and has yielded quite optimistic results by engineering calculations and motion animation.

We are at the final stage of the technology development as verification of adequately working model(s) on physical prototype(s).

Competition: 

Our technology is a strong substitiute to Internal Combustion Engines with a radical change and dramatic gains including costs and environment benefit as wel as strong sustainability.

Therefore, engine (and also turbine)like machinery producers are our competitors. Nevertheless we consider them more as solution partners rather than competitors once our technology is welcommed by them. Hence these companies can manufacture our technology products to their existing customers.

To better clarify the hybrid engine manufacturers' competitors are also our competitors including hybrid engine producers. Besides, they are our potential business partners in the form of manufacturers.

One-line Pitch: 

G-Drive Concept for Clean Power Generation with Dramatic Cost and Environmental Improvement gains.

Business Model: 

We are the G-Drive technology know-how provider engineering and innovation company candidates. We will work on B2B basis with our clients and partners. Our partners are in financial, legal and technical service professionals as well as manufacturing companies specialized in engineering product development. We will remain as a small size company with around 30 professionals or less. We'll work on contract basis with the service professionals.

Product/Services Overview (what does it do): 

G-Drive novel engineering design models produces clean power with dramatic gains in terms of cost and environmental benefits as well as its great oil independence and sustainability aspects.

It is a kind of substitute for the Internal Combustion engines in transport vehicles and turbines in power plants respectively.

Technology

What makes the technology/business unique and have a defendable competitive advantage?: 

We provide better alternative energy source in terms of: cost (investment and operation), oil independent with superior mobility, sustainable, cleaner, safer, attainable tech, affordable new products using power. Cost gains are dramatic like the wind energy input. Investment and maintenance costs are also better than existing costst in transport vehicle industry as the overall engined will be simpler but more sophisticated. Material costs will be lower. The products won't carry fuel and therefore safer. The input energy is independent of the geography or any agent, it is cheap and aboundantly available and therefore sustainable. We use only mechanical components composed of ordinary machine elements and therefore highly attainable.

Describe in detail the technology used in the Project - Address the innovation in significant detail : 

G-Drive technology looks like wind energy but uses radiating force field (like gravitation) rather than air mass flow. Besides our design models enable easy magnification of such steady force field to obtain high out power scales even suitable for grid applications.

Any model can be operated by loading self weight of the device which it powers and the power can be variable by an easy adjustment handle unit. The models can also be operated like the engine in transport vehicles and also like the power generating turbines in power plants.

Our design models can be considers as substitute to Internal Combustion engines. Plug-in unit building is possible to obtain dramatic efficiency gains in existing transport vehicles and power generation equipment.

What are the principles of the technology? : 

The technological evidence is available when the surfer riding on an ocean wave is analyzed. Also, we go beyond this and loop the input force field infinitely to obtain a steady output power at the scale we like. Our models are composed of purely mechanical components which are actually ordinary machine elements abundantly available in the industry.

The input energy is like wind energy but gravitational force field at this time. The design structures are also purely mechanical like windmills but entirely different construction structure.

What, if anything, has been proven (and how far is this from a commercial scale)? : 

Our design models are tested on engineering simulation models and we received optimistic findings on fuel consumption and construction costs matters.

We are at the "actual prototype verification of properly working models on simulation" stage.

The source of energy is sustainable. Such a clean, oil independent and cost effective new offering is the greatest effort of many current big scale companies for some decades and also the biggest challenge of the current millennium.

What challenges/risk does the technology face for commercialization?: 

We are cooperative minded scientists with strong entrepreneurial skills. We do not expect significant problem during the negotiation phase with our potential clients (vehicle producers and power machinery manufacturers) as such a bright new power technology is the dream of such companies already.

We plan to share the business benefits reasonably in terms of B2B type of transactions using the commonsense practices already known in the industry in similar situations.

Patent Numbers (Filed/Approved): 

We have preparations for patent registry and prefer to submit our technical documentations by finishing the development stage (through verification by actual prototypes and preparing the technical manuals) as the first stage of our business proposal.

Team

NameTitle
MGulkayaCEO
SBissessourCOO
MLMenendezCFO
MKamiyaCTO
RKaderCMO

Financials

Amount Sought: 
$2,500,000
If raising funds, what shall the funds be used for?: 

About $US 500,000 will be used for finishing the final stage of the G-Drive inno-tech by building verification prototype within 9-12 months by participation of Team members. The amount will be spent for expenses including material, logistics and staff. Technical and legal documentation and registration service costs are included.

Rest of the fund is to be used for the start-up of the business to produce particular applications in connection with target clients. This stage covers legal registration of the company, staffing and establishment of corporate premises.

Funding Stage: 
Early/Seed
Funding History: 
Funding Round Funding TypeFunding dateFunding Source/ InvestorsAmountPre-Money valuation
Seed/BootstrapGrantAug 2010Sought5000
AngelOtherMay 2011Sought20

Comments

There are no posts on the Testimonials yet. Login to post a Testimonials