Photo - Evitado Technologies
play_arrow
View
58199

Evitado Technologies

Germany
Market: Logistics and warehouses, Robotics
Stage of the project: Operating business

Date of last change: 11.08.2022
Go to the owner's profile
6
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Why are airport ground operations so manual and dependent on human error? We are building solutions to real $B problems to address labor shortages and costly incidents in airport ground operations.

Current Status

We have landed 9 users in less than 12 months and also $280k of orders. We are on track for $500k of revenue for 2022. We have some big names in the industry using us, and we are only getting started. From our first 9 users eventual demand is over 100 units, allowing us a path to scale our first product into millions of revenue.

Problem or Opportunity

The lack of technology in airport ground operations means the industry is dependent on an unstable labor force, and is also reliant on human error to move multi million dollar assets. This results in $10B of damages of avoidable incidents where aircraft collide with other aircraft, ground equipment, or infrastructure while being moved on the ground, not to mention countless other delays due to lack of staff or equipment.

Solution (product or service)

A LiDAR based collision warning system that is portable and standalone. It plugs onto the tug that is moving the aircraft, and our software tracks the movement, giving real time warnings to the drivers if a potential collision is spotted by the system. This is our first step of building automation for aircraft ground movements as well as other assets being moved on the airfield automatically.

Business model

We currently have direct sales of our HW/SW tool for collision warning. We will build SW sales to our platform for analytics and other functions, which will also build MRR over time.

Incubation/Acceleration programs accomplishment

Airbus Bizlab, Berkely SkyDeck Cohort 13, IAG Hangar 51
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility733
star1
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
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