Portable solar generator and water treatment system

Jeff Lipton Wed, 2010-08-25 09:51

Jeff Lipton · Wed, 08/25/2010 - 08:51

Business

Business Overview: 

Coyle Industries, Inc. designs, manufactures, and distributes solar powered electrical generators and water pumping and purification systems. Our devices are ideal for emergency electrical backup, developing countries, remote construction, outdoor music and sporting events, agricultural irrigation, and many other applications. Our products require no set-up, are portable, operate in complete silence, require no refueling, and are completely free of emissions. We apply innovative designs that use commercially available components to construct highly reliable power and water delivery systems for the twenty-first century.

Project Location: 
Wilmington, NC, 28409
United States
Services Desired: 
Manufacturer
Marketing
Supply Chain/Distribution
Who is the Customer?: 

Customers include federal emergency relief and military organizations, international development NGOs, home construction retailers, equipment rental agencies, music and event production companies, and green enthusiasts.

What is the Customer Pain that you are solving?: 

Coyle Industries provides a portable clean power system that replaces traditional fuel generators. Our devices are silent and clean and have a very long operating lifetime, thus eliminating ongoing fuel and maintenance costs and providing hassle free, on demand power, in any location.

Names of any current or recent customers: 

CEI Contract Manufacturing Limited
The Watershed Nursery
Clean Energy Events

How big is the Target Market in terms of Annual Sales?: 
$1B-$2B
One-line Pitch: 

Portable solar powered generators and water treatment systems for distributed electrical generation and clean water creation.

Business Model: 

Coyle Industries, Inc. designs and markets wholesale solar powered electrical generators and water pumping and purification systems. Company devices are distributed through government agencies, home improvement retailers, equipment rental agencies, and international development NGOs.

Product/Services Overview (what does it do): 

Our CM4A mobile solar generator creates up to 2kW hours of daily electricity in a typical environment and stores over 5kW hours of power. This provides clean power to run lights, water pumps, heaters, computers, communication equipment, power tools, musical gear, and many other devices. The generator can be easily repositioned to face the sun throughout the day, amplifying the solar collection capability and providing even greater power output (up to 20% more than fixed arrays).

The solar generators don't require any maintenance other than keeping the solar panel clean, which can be accomplished in 30 seconds with a damp cloth. There is no internal combustion engine to fuel, oil, or otherwise service. Since our devices aren’t dependent on constant refueling and have no moving parts, they are particularly simple to use.

Technology

Patent Numbers (Filed/Approved): 

12/611,026

Team

NameTitle
Jeff LiptonPresident
Mack CoyleCEO

Financials

Amount Sought: 
$250,000
If raising funds, what shall the funds be used for?: 

Coyle Industries is looking for a seed funding round to finance ongoing research and development of Company portable clean energy and water pumping and purification systems, as well as to support ongoing sales and marketing efforts.

Pre-Money Valuation: 
$0
Amount invested by Founders: 
$125,000
Funding Stage: 
Early/Seed

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