Publication: 19:14, 10.01.2020No. of the advertisement: 615
What is your idea / business and to whom is it addressed?
Compressors or pumps are used everywhere in our lives, there are many in our vehicles, households and industry. The average household has approximately 25 different types of pumps, including the ones found in our vehicles. Some examples of automotive pumps are (Fuel Pumps, Water Pumps, Vacuum Pumps, Fuel Injection Pumps, Steering Pumps, Windshield Washer Pumps and Oil Pumps.) A compressor is the same thing as a pump and is probably most recognized as a tire inflation pump, and pretty much everyone has used one of those. Simply put, a compressor or pump is a machine that sucks in a medium such as gases (air, nitrogen, oxygen, etc.) or a fluid and then pushes it out, or pumps it out at a higher pressure for delivery somewhere, as in the case of tire inflation device, which sucks in air and then compresses it to fill your tires. At the end of the day, without compressors or pumps, most of our machines today would not function. Currently available pumps and compressors are bulky, heavy and have to many parts that contribute to high operating costs and downtime due to inherent issues with them.
How should the idea/business earn money?
My totally unique pump/compressor could effectively compete in a $26.5 Billion year global industry (and that is only the automotive sector, the industrial sector is twice as large). https://lnkd.in/e3bxpGm. Market Overview and Opportunity: Reciprocating, Rotary Vacuum Pumps and Compressors Global demand for positive displacement pumps and compressors is forecast to increase at a 5.4 percent annual rate to $60 billion in 2019. My invention can be scaled to suit any application, size or industry.
At what stage is the idea / business at the moment?
Concept drawings and some animations have been realized. The engineering work is partially complete. I need to manufacture 2-3 prototypes so that it can be compared to existing equipment so that investors or compressor/pump manufacturers can clearly, visually see the difference. Once I have functional prototypes, I will find a compressor manufacturer to licence it to, as they already have robust marketing platforms in place. A formal patent search has revealed that nothing like it exits.
What do you need?
I am seeking an equity ownership investor that may, or may not want to partner with me to develop this innovation. Financial investment is the most important need at this time to develop a few prototypes. My Inventing Background: https://www.linkedin.com/in/ronlaswick/ I won a Canadian Manning Innovation Award for a miniature confined space, gas powered resuscitator for Shell Canada. It permitted immediate resuscitation of a victim in a toxic environment instead of firstly having to remove the victim to fresh air. https://www.youtube.com/watch? I also invented and patented several other products still being sold today, however I don't own the rights, they belong to the company I worked for at the time. http://otwo.com/hand-held-automatic-ventilators-resuscitators/ http://otwo.com/automatic-transport-ventilators/carevent-ventilators/
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