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Sensing At Your Fingertips YanjinKuang Brian Louie James McCloskey Jared Tangney Robert Turner Joshua Windmiller
Market Pain 11/30/2010 2 ENG 201: Venture Dynamics
11/30/2010 3 ENG 201: Venture Dynamics The Solution Chemical sensors are printed directly on tissue (disposable, recyclable) Sensors are easy to use (directly wiping/rolling on passengers body / clothing) Detective tissues are very cost-effective and widely deployable
Technology 11/30/2010 4 ENG 201: Venture Dynamics Multivariate Chemical Analysis Screen-Printed Electrodes TNT DNT Blank Proprietary Inks ,[object Object]
Enzyme immobilizationUnique Spectral Signature Generated for Each Explosive Compound  Microelectronic Processing Integration Safe Hazard Advanced Signal Processing Algorithms Miniaturized, Ultra-low Power design 4
Competition Puffer Machines: Smiths Detection Ionscan Sentinel II – Comprehensive explosive screening, but high cost (> $1M) Safran EntryScan – High sensitivity explosives detection at the expensive of reduced throughput and high cost ($750k) Handheld Analyzers: ICX Technologies Fido XT – Fully field-deployable, but limited explosive detection capability GE Security MobileTrace – Multivariate detection at the expense of sensitivity and cost 11/30/2010 5 ENG 201: Venture Dynamics
Market Opportunity 11/30/2010 6 ENG 201: Venture Dynamics US Explosive Screening Systems Government Policies: ,[object Object],   Reinvestment Act    ($1.05 billion dollars) Possible Markets:  ,[object Object],   Facilities, Government    Offices  Possible End Users: ,[object Object],   Government Agencies, etc… http://www.homelandsecurityresearch.com/
Go-To-Market Strategy 11/30/2010 7 ENG 201: Venture Dynamics Product Development  Integrate device into tissues and develop large scale production capabilities Product Development Phase I Market Integration Conduct demo seminars to the possible end users of product Phase II Full Scale Production Make deals with government funded agencies Phase III
Funding Given an initial seed round of $1M, teXsens will demonstrate a working prototype by 12/13/2011 and penetrate the market by 6/13/2012 11/30/2010 8 ENG 201: Venture Dynamics ,[object Object]
$270,000,000
Target Market Share

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Te xsens pitch presentation (final)

  • 1. Sensing At Your Fingertips YanjinKuang Brian Louie James McCloskey Jared Tangney Robert Turner Joshua Windmiller
  • 2. Market Pain 11/30/2010 2 ENG 201: Venture Dynamics
  • 3. 11/30/2010 3 ENG 201: Venture Dynamics The Solution Chemical sensors are printed directly on tissue (disposable, recyclable) Sensors are easy to use (directly wiping/rolling on passengers body / clothing) Detective tissues are very cost-effective and widely deployable
  • 4.
  • 5. Enzyme immobilizationUnique Spectral Signature Generated for Each Explosive Compound Microelectronic Processing Integration Safe Hazard Advanced Signal Processing Algorithms Miniaturized, Ultra-low Power design 4
  • 6. Competition Puffer Machines: Smiths Detection Ionscan Sentinel II – Comprehensive explosive screening, but high cost (> $1M) Safran EntryScan – High sensitivity explosives detection at the expensive of reduced throughput and high cost ($750k) Handheld Analyzers: ICX Technologies Fido XT – Fully field-deployable, but limited explosive detection capability GE Security MobileTrace – Multivariate detection at the expense of sensitivity and cost 11/30/2010 5 ENG 201: Venture Dynamics
  • 7.
  • 8. Go-To-Market Strategy 11/30/2010 7 ENG 201: Venture Dynamics Product Development Integrate device into tissues and develop large scale production capabilities Product Development Phase I Market Integration Conduct demo seminars to the possible end users of product Phase II Full Scale Production Make deals with government funded agencies Phase III
  • 9.
  • 12. 5%
  • 15. Financial Projections Pricing Electronic “unit” terminal with computer $300 Sensor on tissue in “replacement” box $12 Training Session $2,800 11/30/2010 9 ENG 201: Venture Dynamics
  • 16. Corporate Development Timeline 11/30/2010 10 ENG 201: Venture Dynamics
  • 17. Investment Opportunity Blue Ocean Opportunity Huge market Large pain Competition No viable competing technologies in pricing tier Protected Proprietary technology Strong Team Knowledgeable, talented, driven with an experienced advisory board 11/30/2010 11 ENG 201: Venture Dynamics