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Eco-friendly Bio-fuels Power Plant

Project No: #18562
Capital needed
USD 150,000
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Minimum investment per investor: 10000
Country: Canada
State: Ontario
Reason for needing Capital: Research & Development
Stage: Pre-Startup
Ideal Investor Role: Indifferent
Highlights: Customachinery's proprietary technology (US Pat No 9,435,257) integrates Mazda's HCCI and Nissan's VCR solutions in a simpler rotary engine architecture. It features higher efficiency and power density, lower emissions and manufacturing costs.
Our power plant is ideal for distributed power generation as well as range extender for hybrid vehicles. Our revenue streams will be licensing fees and royalties from the big OEMs and Tier I automotive suppliers.
What you offer to investors?: 0.7% company's shares

We are a Canadian start-up based in Mississauga, ON. We believe there are more sustainable ways to satisfy our needs and we are developing an eco-friendly powerplant able to curtail Greenhouse Gas (GHG) emissions and harmful tailpipe pollutants (PM and NOx).

In the coming years, we will see the rise of highly disruptive technologies while others will inevitably decline. We have conducted several market researches in collaboration with Sheridan Pilon School of Business (Mississauga, ON) and we have noticed how intermittent renewable energy sources (i.e. solar and wind) are creating a higher demand for dispatchable and distributed power generation. This scenario is well depicted in the "duck chart" by California Independent System Operator (CAISO).

We also know there are more advanced and efficient technologies that will soon hit the market. Nissan will commercialize the first Variable Compression Ratio (VCR) engine in 2018, boosting performances with about 27% better fuel economy. Mazda will commercialize the first gasoline-powered Homogeneous Charge Compression Ignition (HCCI) powertrain in 2019; it will be 20-30% more efficient than existing gas engines with even lower tailpipe emissions.

We have patented a unique powerplant (US Pat No 9,435,257) that integrates both the above technologies in a higher power density, simpler and less expensive engine architecture. We have validated its design via Computational Fluid Dynamic (CFD) analysis in partnership with Queen’s University (Kingston, ON). Our collaboration has been awarded twice by Ontario Centre of Excellence (OCE) and has resulted in the publication of a white paper at the Combustion Institute Canadian Section (CI/CS) 2017. We are also partnering with George Brown College (Toronto, ON) for prototyping activities.

We are currently at Technology Readiness Level (TRL) 3. In addition to our academic partners, we have also established key partnerships with two renowned US based consulting firms for engine design and for strategic go-to-market planning activities. We now aim to build a lab scale power generator able to run on blends of bio-fuels (ethanol and bio-diesel), providing diesel-like efficiency with lower tailpipe emissions than current gas engines and very low lifecycle carbon footprint. Noteworthy, the absence of soot and the negligible NOx emissions (harmful carcinogens) of a HCCI-VCR technology would significantly improve air quality in addition to a substantially higher fuel economy.

Our powerplant will be the first one of its kind! Current reciprocating engine technologies, if equipped with spark-plugs, can use blends of ethanol and gasoline (E10, E15, E85) or, in a diesel configuration, cannot use more than 20% bio-diesel (B20). Needless to say, the incipient decline of diesel engines and, more broadly, the gradual phase out of petrol powertrains in the transportation sector, will significantly increase bio-fuels availability for other uses. Nevertheless, HCCI technology can use a variety of other fuels and its potential applications are endless, range extender for hybrid vehicles being one of them. 

We are now seeking an angel investor with strong business skills to complement the founder technical background. The funds will be leveraged to obtain an equal amount of government grants and they will be used to finance additional Research and Development (R&D) activities as well as IP protection.

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