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