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Cryomation Ltd
- 1. Paul Smith Head of Development T: 01473 231283 M: 07969 149650 E: paul.smith@irtl.co.uk W: www.cryomation.co.uk
- 3. Development to Date • 162K 3 Year KTP • 40K Prize Funding Shell Springboard • 105K ERDF Low Carbon Keep Funding • 42K Innovate UK Market Research • 200K Innovate UK Prototype Design Project • 3 Months from Infant Scale Prototype • 10 months from full scale fully automated Prototype
- 4. Delivery Team Dr Arjomand Ghareghani Chief Science Officer Paul Smith Head of Development Duncan Foster Chairman Alan Sheldon Osiris Consultants NORTH WEST PROJECTS
- 5. • Disruptive technology to cremation • No other credible developers • 7.5 Billion People • 9.5 Billion Forecast 2050 • 60 Million Deaths in 2018 • 12% Would choose today • 66% Consider process acceptable • Global Commercial and Public enquiries daily Market Competition
- 6. Business Model • Business Model based on Leasing Cryomators • Remote Unit Monitoring • 24/7 Engineering support • Income from Lease • Royalties per body • Specialist consumables Income • Profit Forecasts: Y3 £6.9m, Y4 £10.3m, Y5 £18.6m
- 7. Finance Required • £0.50m • Build full scale fully automated Cryomator • Recruit a management and commercial delivery team • Management Buyout • Sale to a disrupted industry leader • Listing Paul Smith Head of Development T: 01473 231283 M: 07969 149650 E: paul.smith@irtl.co.uk W: www.cryomation.co.uk Exit
Editor's Notes
- Hello I am Paul Smith Head of Development at Cryomation
- Zero Emission alternative to Cremation Freeze in Liquid Nitrogen -196° Fragment and remove medical implants Freeze Dry to remove water Bury remains in a bio-degradable tube
- 162K 3 Year KTP 40K Prize Funding Shell Springboard 105K ERDF Low Carbon Keep Funding 42K Innovate UK Market Research 200K Innovate UK Prototype Design Project 3 Months from Infant Scale Prototype 10 months from full scale fully automated Prototype
- Micro Team
- Market 7.5 Billion People 9.5 Billion Forecast 2050 60 Million Deaths in 2018 12% Would choose today 66% Consider process acceptable Disruptive technology to cremation No other credible developers
- Business Model based on Leasing Cryomators Remote Unit Monitoring 24/7 Engineering support Income from Lease, outline agreement with Close Brothers for leasing Royalties per body Specialist consumables Income Profit Forecasts: Y3 £6.9m, Y4 £10.3m, Y5 £18.6m
- Finance Required £0.50m Build full scale fully automated Cryomator Recruit a management and commercial delivery team Exit Management Buyout Listing Sale to a disrupted industry leader