10
Richard Proffitt CEO, MSTC Rekha Bangalore CTO, MSTC Minhaj Chowdry, CDO, BBA Lutfar Rahman, Director of Global Development Advisor: Dr. Gary Cadenhead 1 Advanced Alternative Power Solutions

Ix-Neox_Presentation

Embed Size (px)

Citation preview

Richard Proffitt CEO, MSTCRekha Bangalore CTO, MSTCMinhaj Chowdry, CDO, BBA

Lutfar Rahman, Director of Global DevelopmentAdvisor: Dr. Gary Cadenhead

1

Advanced Alternative Power

Solutions

VALUE PROPOSITIONVALUE PROPOSITION

2

Most adults have cell phones

in India/Banglades

h

500 Million households lack

dependable power to

charge their cell phones

Ix-Neox builds durable, powerful,

inexpensive, solar charging

mechanisms for this 77 Billion Dollar Market

(does not include

Bangladesh).

THE SOLUTIONTHE SOLUTION

3

From the Solglobe architecture, Ix-Neox is creating

the Sol-charger. A next level mobile

charging device.

Button cells do notfit everywhere!

Complex to createmultiple shapes.

No product integration.

THE COMPETITIONTHE COMPETITION4

The Ix-Neox TeamThe Ix-Neox Team

5

Richard Proffitt, CEO BFA, MSTC

Artist/Entrepreneur

Rekha Bangalore, CTO BE, MSCE, MSTC

Sr. Design Engineer

Minhaj Chowdhury, CDOBBA, Fulbright Scholar, Harvard MBA program

Lutfar Rahman, Vice-President of Global Operations

The Ix-Neox company features design, entrepreneurial and engineering experts in operations and new product introduction. The team has a

combined 60 years experience in these fields. And has come together to target social/environmental needs in this huge market.

*Advisor, Dr. Gary Cadenhead IC2 Institute

PRODUCT BENEFITSPRODUCT BENEFITS

6

Product Features Key Differentiators, IX-NEOX Competition

Sol-chargerStandalone product for cell phones

Charging time -3 hours, portable.Battery Capacity (scalable from 600mAH to

2100mAH). Charges 75-80% of mobiles in Bottom of the Pyramid (BoP-developing countries) Market.

Innovation 1: Charging efficiency; Reduces charging time

Charge Time of six hours. Battery Capacity (fixed

capacity-1.5 hrs. per charge-this is how long it takes to charge a phone).

Restricted to certain phone models.

Most non-portable

Product Features Key Differentiators, IX-NEOX Competition

Solglobe Integrated Product

Charger, light, meets all specs of charger and light combined.

Innovation 3:A sequencer to charge batteries of different capacity using one solar panel, also using the innovations developed for charger and Light.

Lack dynamic charging algorithm.

AWARDS/ENDORSEMENTSAWARDS/ENDORSEMENTS

7

2009 Austin Business Journal Tech Innovation

Awards, Clean Energy/Environment Award

2010 Johns Hopkins University Business Plan Competition,

Best Social Enterprise

2010 Finalist, Veneto, Italy Nanochallenge

 

2011 1st Place Social Enterprise

Ix-Neox Total Market Beachhead Market

THE MARKET/ENTRYTHE MARKET/ENTRY

8

Bangladesh, $500 annual income—94.9 Million without power

India, $2900 annual income—404.5 million without reliable power

US, EU, $50,000 annual income—450 million green consumers,

100 Billion Dollar + total market, 20-30% yearly growth rate

First customer Grameen pays for alpha samples

$50,000, (300 units)

Anticipated 1st purchase order -- 40,000-50,000

units

+

Year 2011, Q3 2008 2009 2010 2011

Prototype

Prototype ($ 0.2M)

Scale up ($ 0.3M)

Market Development ($ 0.25M)

Production

Investors

Funding

ROADMAP/Business ModelROADMAP/Business Model

9

Advanced Alternative

PowerSolutions

10

“technology is struggling to meet consumers’ demands for Earth-friendly products that

make the transition from traditional products seamless and won’t break the bank. To try

to fill such needs, Ix-Neox…” Austin Business Journal, Oct. 2009