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Smart Parachute
for Drone
AWESOME Tech Inc.
Sangyun Hwang, CEO
Updated date : 1th Jan, 2018
Growth of consumer Drone market
2PROBLEM:
Add Commercial Drone
Projections
Falling/Failing Drones – Danger (liability) and loss
of payload (economic loss) and loss of/damage to
drone
3
328 ft
4.4
lbs
100
mi/h
4
secs
40th
floor
PROBLEM:
Failure and methods for minimizing danger
4
Crash
Limited
Distance
Interference
of RF
Faulty Parts
Full
discharge
of Battery
Smash To
Obstacle
User’s Error
Crash by
Bird
Etc Minimize
damage
Crash
buzzer
Return to
launched
location
Transmit
crashed
position
Parachute
Check of
basic
operation
Stop
Motor on
crash
Fly in safe
area
PROBLEM AND SOLUTION
Features of Smart Parachute
5
Low battery
consumption
Auto-pilot Automatic return
to launched
position
Parachute
Warning buzzer & light
During falling down
Reusable
OUR SOLUTION:
Smart Parachute
6
Smart
Parachute
Avoid
human
Injury
Save the
drone
Save
repair cost
Minimize
legal
responsibility
Fly
without
worries
OUR SOLUTION:
Our market opportunity 1 / 2
Condition : 2016 yr , Only Consumer Drone of minimum 1,349 USD Value
Consumer Drone Sales of major manufacturers
Total quantities : About 1.1 Million sets ( 1,109,400 Sets )
( DJI : 533,400 sets , Parrot : 530,000 sets, 3DR : 46,000 sets )
Annual total revenue of consumer drone : 1.1 Billion USD
Calculation : 1,109,400 sets X 1,000 USD = 1,109,400,000 USD
7MARKET SPACE:
Our market opportunity 2 / 2
Sales Forecasting Of Drone Parachute : 19.8 Million USD ( 19,869,354 USD )
[ Condition ] :
Smart Parachute Price is 199 USD If 30% of all customer will buy it.
If we get 10% of market share and 30% of drone user will buy our product
[ Calculation ] :
1,109,400 Set X 30%(Rate Of Purchase) X 30%(Market Share) X 199 USD(Unit Price)
8MARKET SPACE:
How did you pay for repairing Drone?
9
1,000-1,500USD
14%
500-1,000USD
15%
200-500USD
14%
100-200USD
14%
Less Than
100USD
43%
EXPENSE OF REPAIR
AWSOME TECH SPONSORED SURVEY
Survey from 102 customers in Korea by online survey and offline meeting
How many percent do you think drone to crash?
50-30 % Crash,
52.90%
30-10% Crash,
44.10%
10-5% Crash,
10.80%
Less Than 5%
Crash, 16.70%
50-30 % Crash
30-10% Crash
10-5% Crash
Less Than 5% Crash
0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00%
Rate Of Drone Crash
10
Survey from 102 customers in Korea by online survey and offline meeting
Will you buy Smart Parachute to minimize damages?
11
Yes
72%
No
8%
Yes, After
check proof of
working well
20%
PURCHASING
Survey from 102 customers in Korea by online survey and offline meeting
Competition
Division Skycat MARS Parachutes Opale Parachute Smart Parachute
Weight(g) 160 88 170 200
Velocity(m/sec) 4~3 4~3 4~3 4~3
Design
Type of Wing Parachute Parachute Parachute Paraglider
Diameter(cm) 100.0 114.3 100.0 100.0
Return To Launch X X X O
Warning Alarm X X X O
Transmission Of
Crashed Position
X X X O
MSRP About 247 USD About 269.98 USD About 217 USD
LITE : 169 USD
PRO : 199 USD
12
Go to Market Strategy
Where will you manufacture
Core Parts(Controller) : By our company
Other Parts, Assembly, Packing : By Other company ( OEM )
How will you sell
By OEM of Manufacturer of Consumer Drone, By Drone Dealers, Wholesaler
Upselling, Direct Sales, Upgrading, Bundle Selling, Internet Sales
Catalog Sales, Fairs and Expos, Store Displays, Home Parties, Events
How will you market
Tv advertisement, magazinezs, tradeshows, direct marketing, social media, etc.
ADD PRESENTATION TITLE 13
Reference
https://fruitychutes.com/uav_rpv_drone_recovery_parachutes.htm
ADD PRESENTATION TITLE 14

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SmartParachute

  • 1. Smart Parachute for Drone AWESOME Tech Inc. Sangyun Hwang, CEO Updated date : 1th Jan, 2018
  • 2. Growth of consumer Drone market 2PROBLEM: Add Commercial Drone Projections
  • 3. Falling/Failing Drones – Danger (liability) and loss of payload (economic loss) and loss of/damage to drone 3 328 ft 4.4 lbs 100 mi/h 4 secs 40th floor PROBLEM:
  • 4. Failure and methods for minimizing danger 4 Crash Limited Distance Interference of RF Faulty Parts Full discharge of Battery Smash To Obstacle User’s Error Crash by Bird Etc Minimize damage Crash buzzer Return to launched location Transmit crashed position Parachute Check of basic operation Stop Motor on crash Fly in safe area PROBLEM AND SOLUTION
  • 5. Features of Smart Parachute 5 Low battery consumption Auto-pilot Automatic return to launched position Parachute Warning buzzer & light During falling down Reusable OUR SOLUTION:
  • 6. Smart Parachute 6 Smart Parachute Avoid human Injury Save the drone Save repair cost Minimize legal responsibility Fly without worries OUR SOLUTION:
  • 7. Our market opportunity 1 / 2 Condition : 2016 yr , Only Consumer Drone of minimum 1,349 USD Value Consumer Drone Sales of major manufacturers Total quantities : About 1.1 Million sets ( 1,109,400 Sets ) ( DJI : 533,400 sets , Parrot : 530,000 sets, 3DR : 46,000 sets ) Annual total revenue of consumer drone : 1.1 Billion USD Calculation : 1,109,400 sets X 1,000 USD = 1,109,400,000 USD 7MARKET SPACE:
  • 8. Our market opportunity 2 / 2 Sales Forecasting Of Drone Parachute : 19.8 Million USD ( 19,869,354 USD ) [ Condition ] : Smart Parachute Price is 199 USD If 30% of all customer will buy it. If we get 10% of market share and 30% of drone user will buy our product [ Calculation ] : 1,109,400 Set X 30%(Rate Of Purchase) X 30%(Market Share) X 199 USD(Unit Price) 8MARKET SPACE:
  • 9. How did you pay for repairing Drone? 9 1,000-1,500USD 14% 500-1,000USD 15% 200-500USD 14% 100-200USD 14% Less Than 100USD 43% EXPENSE OF REPAIR AWSOME TECH SPONSORED SURVEY Survey from 102 customers in Korea by online survey and offline meeting
  • 10. How many percent do you think drone to crash? 50-30 % Crash, 52.90% 30-10% Crash, 44.10% 10-5% Crash, 10.80% Less Than 5% Crash, 16.70% 50-30 % Crash 30-10% Crash 10-5% Crash Less Than 5% Crash 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% Rate Of Drone Crash 10 Survey from 102 customers in Korea by online survey and offline meeting
  • 11. Will you buy Smart Parachute to minimize damages? 11 Yes 72% No 8% Yes, After check proof of working well 20% PURCHASING Survey from 102 customers in Korea by online survey and offline meeting
  • 12. Competition Division Skycat MARS Parachutes Opale Parachute Smart Parachute Weight(g) 160 88 170 200 Velocity(m/sec) 4~3 4~3 4~3 4~3 Design Type of Wing Parachute Parachute Parachute Paraglider Diameter(cm) 100.0 114.3 100.0 100.0 Return To Launch X X X O Warning Alarm X X X O Transmission Of Crashed Position X X X O MSRP About 247 USD About 269.98 USD About 217 USD LITE : 169 USD PRO : 199 USD 12
  • 13. Go to Market Strategy Where will you manufacture Core Parts(Controller) : By our company Other Parts, Assembly, Packing : By Other company ( OEM ) How will you sell By OEM of Manufacturer of Consumer Drone, By Drone Dealers, Wholesaler Upselling, Direct Sales, Upgrading, Bundle Selling, Internet Sales Catalog Sales, Fairs and Expos, Store Displays, Home Parties, Events How will you market Tv advertisement, magazinezs, tradeshows, direct marketing, social media, etc. ADD PRESENTATION TITLE 13