Photo - Red Arrow technologies
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Red Arrow technologies

Fan Engine which is lighter and less complex

Germany
Market: Defense/Military tech
Stage of the project: Prototype or product is ready

Date of last change: 26.11.2024
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equalizer from 2000
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Idea

We invented a complete new design of a fan engine. With 3D Metal Printing and an innovation in the Fan Engine technology, we managed to build a fan engine which has the same power than a conventional one but is much lighter and less complex than one. So our Customers can build UAVs which are cheaper but have the same efficiency than known models (MQ-Reaper, Heron-TP etc.)

Current Status

- We have a partnership with the german Army for 3D printing and testing.
- We are currently undergoing negotiations with a german UAV manufacturer as a pilot customer and strategic partner.
- We are in talks with main US UAV manufacturer for partnership

Market

Potential Customers are all UAV manufacturers and Cruise Missile Man. like General Atomics, General Dynamics, Raytheon, Diehl Defence and Airbus.

Problem or Opportunity

Military UAVs are expensive. NATO Standards are big UAVs with long range characteristics and high payload. The Enemy from China and Russia and Iran are using very cheap models.

Solution (product or service)

To enable the UAV Manufacturers to compete wth these models, we invented a much lighter version of a fan engine. The technology behind it was invented by our founder Finn von Westernhagen during his studies at the Hamburg University for Aerospace Engineering. Our Customers can then buy a much cheaper version of a Fan Engine without have to accept losses in performance.

Competitors

Honeywell
PBS
Safran
Kratos
Williams Int.

Alternatives:
TurboJet - Lighter but has less performance
TurboFan - Expensive and heavy

Advantages or differentiators

Less Weight
Cheaper

Finance

Most of the Parts are produced by us. Some Parts are 3D Printed by specialized Companies. No Parts are produced in China.

Business model

We are selling the Fans and offer a Service for them
We also can lease the Fans with a Power-By the hour model.

Selling is only B2B in Defence and Aviation fields

Money will be spent on

735.000€ on Staff Costs (Technicans, Engineers)
345.000€ on technical equipment (all what we need to build the product)
285.000€ on Marketing (Trade fairs, Travel Costs, Sales Promotion)
60.000€ on legal purpose (mainly for our patent laywer)
75.000€ Overhead

Offer for investor

We are currently seeking for an Investment of 500k to fulfill our Ticket. The current Pre-Money Valuation is 8.5 mio. EUR

Team or Management

Risks

R&D needs more time due to problems occuring during flight tests

Incubation/Acceleration programs accomplishment

Scalewolf - Vilnius
Motionlab Berlin

Won the competition and other awards

Lightweight Innovation Award 2023 for helping reducing Weight in Aviation
Innovation Award 2023 for the most innovative Idea.

Invention/Patent

Several Patents on the technologie behind the HeronFan in USA, Germany, France, Turkey and China (in China pending)

Photos

Photo 1 - Fan Engine which is lighter and less complex
Photo 2 - Fan Engine which is lighter and less complex
Photo 3 - Fan Engine which is lighter and less complex
Photo 4 - Fan Engine which is lighter and less complex
Photo 5 - Fan Engine which is lighter and less complex
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation