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WindWater PL

Charlie Madden Fri, 2010-09-03 02:23

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Charlie Madden · Fri, 09/03/2010 - 01:23

Business

Business Overview: 

A turnover of $15M is forecast in 5 years.

Project Type: 
Industry: 
Project Location: 
Adelaide, SA, SA 5064
Australia
See map: Google Maps
Project Website: 
http://www.windways.com.au
What are your future milestones, and how much capital will you need to achieve each of the milestones outlined?: 

First prove the land unit - with the target of beating reverse osmosis on a litre per $ basis using our heavily insulated polypropylene condenser.

2nd prove boatman - and get it helping the likes of Pakistan and other disasters we are sure to come about with global warming.

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

$2,000

How many future rounds of financing do you project? : 

3

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

Anyone needing water. From a family in Bangladesh to a farm in Australia.

What is the Customer Pain that you are solving?: 

Fresh water - on the door step.

What is the Target Market?: 

Island communities, delta communities in strife from climate change.

How big is the Target Market in terms of Annual Sales?: 
$10M-$100M
Sales/Marketing Strategy: 

Sell thro established manufacturers reps in the water field.

Competition: 

Mains, diesel, electric powered units.

One-line Pitch: 

Water is more & more a problem worldwide - while 8 out of 10 of us live within 20 miles of the sea, and the sea breezes &/or currents there to power desal units.

Business Model: 

Build and market autonomous desal units - powered by renewables

Product/Services Overview (what does it do): 

It makes fresh - pure water from salt or foul water, using renewables only & NO chemicals or filters.

Technology

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

6 patents have been applied for

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

The wind turbine is self starting and self governing - & made of carbon fibre has been designed with a fatigue life > 20 years. The transmission will accept power from either the wind or the water turbine. The electric starter becomes an alternator at the design speed - automatically, to power the electric heaters in the sump. The polypropylene condenser is proof against these temperatures and will be cost effective for us to make.

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

The turbine is established art, the still prototype has been made.

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

Making the still leakproof in production will be a challenge. Manufacturing the rotors to the requires strength will need good quality assurance.

Patent Numbers (Filed/Approved): 

6 patents applied for - there will probably be more

Team

NameTitle
Sir Charles Madden Bt BSc MTech MBACEO
Current Investors: 
We havre 6 shareholders to-date

Financials

Amount Sought: 
$1,000,000
If raising funds, what shall the funds be used for?: 

Build a land based wind powered thermal still. Based on our existing turbine & polypropylene thermal still. This will then be sold to land based customers & in parallel a barge based unit will be made - Water boatman. This will be powered by the wind turbine aloft &/or the water turbine beneath the hull.

Substantial interest is being shown in the website from Tianjin to the Maldives, Kangaroo Island to Kenya.

Funding Received to Date: 
$400,000
Amount invested by Founders: 
$100,000
Funding Stage: 
Early/Seed

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