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Our lives are enriched by experiences
The ocean is mysterious and an exciting place to explore, but there are limited ways for us to access it
Traditional submarines are beginning to be used privately, but are too heavy and complex for large scale recreation
Problem:
SolutionDeepFlight Personal Submarines
• Intrinsically safe: automatically floats back to the surface
• Lightweight, engaging, easy to use• Proven through 5 successful generations since ‘96
Competitive Strengths
• 3 companies, all building traditional submarines• Single-product companies• Products weigh 8-20K lbs, require specialized
equipment and a very large yacht• Sink down to depth, can get stuck on the bottom
• Unique, patented product line, high barriers to entry• Products weigh 1k-4K lbs, easy to stow, launch, and
recover• Delivers a unique and superior experience• Intrinsic safety: will always automatically float back
to the surface
Competition
DeepFlight
Superyacht Market
• Currently 6,290 superyachts > 24m worldwide, with 735 under construction
• Competing submarines too heavy: physically can fit onto only 8% of superyachts
• DeepFlight submarines are compact and light, can fit aboard 90% of superyachts
• Projections: 0.1% of superyachts will add a DeepFlight by 2016 ($10M revenue), 1% by 2020 ($80M revenue)
Undersea Tourism• Discerning clientele looking for unique
adventures• Space tourism market is projected to
surpass $1B• Undersea tourism market will be larger
than space: accessibility, lower cost, higher volume, richness of experience
• DeepFlight has pivoted with world-class innovation to this market first, two submarines delivered to resorts already
Product RoadmapSuper Falcon: patented, optimized
for superyacht market
Eagle: 3 seats, optimized for undersea tourism market
Black Hawk: performance solo sub, optimized for
private ownership
Dragon: patents applied for, optimized for broad
market adoption
Ultralight: light, lowest cost, optimized for broad
scale recreational use
ManagementGraham Hawkes – Founder and CEO
• 40+ Years in Underwater Technology• Founded and Exited Multiple Companies
Adam Wright – President and COO• Principal Engineer on 5 DeepFlight Craft• Led DeepFlight from R&D to Production
Karen Hawkes – VP Publicity• MBA from NYU• Expert in Creating Global Media Coverage
TractionEarly Adopters: Including Tom Perkins, Richard Branson, Dietrich Mateschitz, Laucala Island Resort International Media: NY Times, Nat Geo, Robb Report, Discovery, Outside, Oprah
Official Exhibitors: Monaco & Dubai
2014 Outlook: 2 submarines sold, 3+ inquiries / week and growing
Proven Technology: 5 generations of successful craft, extensive testing and prototyping
Business Model• Direct Sales to yacht owners, resorts,
and tour operators• Indirect Sales through brokers and 3rd
party sales reps• Partnerships with resorts and tour
operators with profit sharing• Maintenance Contracts of varying
levels• Customer Acquisition via yacht
shows, online / traditional advertising, and product demos
Milestones2014: Two units already sold Q3 2014 - 2015:• Establish annual product demo event• Introduce new products on the roadmap• Expand visibility to superyacht and luxury
resort markets• Manufacture production tooling and
equipment
Adam [email protected]