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Competition Presentation (Secret)
The presentation proposes a new gas dynamic laser (GDL) technology for cutting various materials such as stainless steel. The GDL would provide an affordable and environmentally friendly alternative to existing water jet and CO2 laser technologies. It would offer unlimited power output, fast job times, and lower annual maintenance costs compared to water jets. The presentation outlines an initial $200,000 investment plan over 3 years to develop and commercialize the GDL technology through direct sales, licensing the intellectual property, attending trade conventions, and building a sales force.
Competition Presentation (Secret)
- 1. i9 presentation toJoe Smith1 Innovation Engineering “Gas Dynamic Laser” Lance Kimbro- CEO Clesmie Burden- CFO
- 2. i9 presentation toJoe Smith2 Aqua Power Cutting Blanco, TX Maximum Industries Arlington, TX
- 3. i9 presentation toJoe Smith3 Common Cuts in this Industry • 8” Stainless Steel Cut • 6” Stainless Steel Cut
- 4. i9 presentation toJoe Smith4 The Problem In Our Industry Issues: • Slow job times • High water waste • High maintenance costs Issues: • Limited cutting potential • Expensive • No adjustment of output Stagnation High Pressure Water Jet Virtually unlimited cutting potential CO2 Laser Made for Fast, Precise cuts
- 5. i9 presentation toJoe Smith5 Gas Dynamic Laser (GDL) Compact Gas Dynamic Laser Proprietary Nozzle Housing (IP)
- 6. i9 presentation toJoe Smith6 Competition Why is our technology better? Water Jet $800,000.00 Gas Dynamic Laser (GDL) $500,000.00 Affordability Unlimited Power Output Fast Job Times Environmentally Friendly Annual Maintenance Costs $40,000 $2,500
- 7. i9 presentation toJoe Smith7 Opportunity in this market $15,000,000 $40,000,000 $100,000,000 $800,000,000 Locally: 30 machines Statewide: 80 machines Regional: 200 machines National:1,600 machines
- 8. i9 presentation toJoe Smith8 Explanation of Water Jet Industry Outsourced Jobs Competition Driven Need for improvement No Innovation
- 9. i9 presentation toJoe Smith9 02 STEP Direct Sales 01 STEP Sell/License IP 03 STEP Word of Mouth 04 STEP Conventions 05 STEP Sales Force Customer Acquisition Process
- 10. i9 presentation toJoe Smith10 04 Initial Investment $200,000 Milestones 01 02 03 8 months $300,000 for production 18 months First sale 24 months Conventions/Trade Shows 36 months IP licensed or sold First Units Manufactured By: Innovation Technology Machinery
- 11. i9 presentation toJoe Smith11 36 Month Cash Flow Forecast -300 -200 -100 0 100 200 300 400 500 600 700 1 4 7 10 13 16 19 22 25 28 31 34 Thousands Maximum Financing Need Month of Cash Breakeven
- 12. i9 presentation toJoe Smith12 Exit Strategy License/Sell IP Merger/Acquisition Our Plan to Recoup Investments
- 13. i9 presentation toJoe Smith13 Our Brilliant Team Devin Richardson Pressurized Systems and Thermodynamics Jack Lloyd-Reilley Supersonic flow and Laser Physics Jennifer Rodriguez Optical Systems and Coating “Where business meets engineering” Pouyra Samari Heat Transfer and Mechanical Design Clesmie Burden Entrepreneurship/Management Lance Kimbro Entrepreneurship
- 14. i9 presentation toJoe Smith14 Our Insightful Advisors Dr. Jerry Wilmink Business Mentor CEO- Wisewear Technology Dr. John Taboada Sr. Expert in laser technology Director of Taboada Research Instruments Inc. Dr. Arturo Ayon Engineering Mentor Director of Mem’s Research Lab “Individuals invested in our success”
- 15. i9 presentation to JoeSmith 15 Questions?
Editor's Notes
- #2 Imagine owning a company in the billion dollar metalworking industry. Now imagine having your revenue limited to the number of jobs your equipment can finish in a day. This issue is prevalent in the billion dollar metalworking equipment industry where long job times reduce the number of cuts completed every day. At innovation engineering we have developed a miniature gas dynamic laser that will help metal cutting manufactures capture more of their customer base by offering faster, more precise cuts with a fraction of the waste used by their current equipment.
- #5 For over 50 years thick steel cuts (used in ship-building and bridge making) have required a high pressure water jet. This equipment was engineered over 100 years ago with only small changes being made since then. -Our friend Thaddeus at Aqua Jet Power Cutting informed us that the issue with this equipment is the painfully slow job times, the high maintenance costs, and the extreme amount of resources wasted during use. -In fact, with the average job time being 1.5 hours, he can’t complete more than 8 material cuts per day. As you can see here, the other option is the quick and precise CO2 laser. This laser is common among the sheet metal machining industry. Cuts under ¾ in can be easily cut in a few seconds, for a fraction of the cost of a water jet. -Another friend of ours from Maximum industries in Arlington tell us his biggest issue with this laser is its limited cutting potential & the extreme amount of power required to use this machine. -With a maximum cutting thickness of ¾ in, John has to turn down his loyal customers daily and refer them to a company like Aqua Power Cutting. There has to be a better way to make material cuts without having to send off different parts to different companies
- #7 Why buy ours when they already own a water jet? $5000 monthly maintenance costs Talk about why they would be prepared to buy ours. Aqua Power Cutting has a retained earnings prepared to purchase a new water jet after 6 years. They have money prepared to purchase new equipment. We know this industry has large manufacturers that are looking to acquire out IP, however if that does not occur right away we have a plan to make sales 500,000 seems like a lot but with an average weekly prift of X dollars, theyre already funded to make a purchase like these
- #8 Make icons match point This is the plan we have developed to make profit without yet having a company acquire our IP
- #9 Add these words into what we’re saying. Change script to fit all these
- #10 We’re always looking to license or sell the IP. If we don’t sell, we have a plan.
- #12 We need 200,000 first month, before entering the mkt we need 500,000 for engineering of 2 machines plus marketing and development expenses
- #14 Who is going to manufacture this???
- #15 I’m prepared to be CEO however our advisors are helping us identify a CEO with more experience in this industry