Photo - Silicon O'Brien Transport Corporation (SOBTS)
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Silicon O'Brien Transport Corporation (SOBTS)

Towards Making Steel A Material Of History

Nigeria
Market: Light industry, Mechanical engineering, Metallurgy, Production, Transport
Stage of the project: Idea or something is already done

Date of last change: 18.10.2017
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Idea

* the transport industry is undergoing a revolution backed by the need to meet up with strict CO2 emission regulations

* this has caused a spike in demand for lightweight materials

* no existing lightweight material can help automakers (OEMs) meet the 2025 target; hence OEMs would pay fine of €12500 per vehicle sold, which they can't afford to pay (our material offer the solution)

Current Status

About to start prototype

Market

TAM: 75 Million Metric Tons (MnT)
SAM: 13.77 Million Metric Tons
SOM: 1.8 Million Metric Tons.

Problem or Opportunity

Automakers (OEMs) are faced with the possibility of paying €12500 fine per vehicle sold in 2025, if they cannot reduce the CO2 emission of their vehicle to regulations standards.

No solution exist for OEMs at present that is performance-cost effective for them to chose and maximize.

Solution (product or service)

Silicon O:Brie helps automakers achieve CO2 emission reduction and other functionalities at the desired Performance-Cost gap.

Competitors

High strength Steel (50 Million Metric Tons)
Aluminum (15 Million Metric Tons)
Glass Fiber (1.5 Million Metric Tons)
Carbon fiber (300,000 Metric Tons)

Other alternatives to achieving lightweight exists, such as optimized ICEs, and electrified vehicle options (such as Battery-Electric, Hybrid-Electric and Range-Extendera Electric Vehicles)

Advantages or differentiators

1. Cheapest solution that achieves the target CO2 emission regulation.

2. Other alternative options like Optimised ICEs and Electrified Vehicles require lightweight material to maintain efficiency, performance, and cheap cost.

Finance

1.8 Million Metric Tons of Silicon O'Brien at $1300 per ton

$2.34 Billion in Revenue.

Business model

$2.34 Billion in revenue at 35% EBIT ($819Million) by 2025.

Money will be spent on

Prototype building
Patent filing
Achieving traction with target customers.

Offer for investor

15% equity at $900000 investment,

Investors are projected to get an ROI of x20 in 2years or x50 in 7years.

Team or Management

Risks

Main risk for the venture is not having sufficient capital to meet up with the market's demand.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
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Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
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