Embed Size (px)
Citation preview
Flux Drive OverviewSmartCOUPLINGs™
‘Drop-in’ Solutions for
Energy Savings ‘Right out of the Box’
Save Energy!
• Company overview
• The Problem - Excess design margin & Wasted Energy
• Flux Drive solutions
• Market size & strategy
• Existing customers & partners
• Financial details
• Funding Opportunity & use of funds
AG
END
A
2
Company Snapshot
What do we do?
Target Markets
Partners/Customers
Founded
Manufacture the World’s first energy saving SmartCOUPLING™ for commercial and industrial motor driven systems
Industrial and commercial motor driven applications: Oil & Gas, Mining, Marine, HVAC, Manufacturing
Veolia, Boeing, Weyerhaeuser, Simpson, Sierra Pacific Industries
Value proposition •Energy Savings•Reduced maintenance•Increased reliability
Employees
Headquarters
2007 (first product)
15
Kent, WA
Save Energy!
3
THE
PR
OB
LEM • Excess Capacity Margin (ECM) - built into
all motor systems– Design Engineers have to oversize systems for
future demand and provide a safety factor– All Systems run with ECM, wasting energy– Matching flow to the actual system demand
required - saves energy and reduces maintenance
• Hard starting of all coupled systems is much less reliable– Vibration from standard coupling misalignment
destroys bearings and seals– Excessive system flow rates result in wear & tear– Start-ups put shock on equipment and create
high power spikes & higher operating costs
• Existing solutions DON’T target the Major Problem – Wasted Energy!
Wasted Energy! In Motor Driven Systems
Save Energy!
4
THE
SOLU
TIO
NThe Flux Drive SmartCOUPLING™: Benefits
• Energy savings!– SmartPOWER™, Air gap spacers
reduce load speed to provide SmartPOWER™ savings
– Soft-start feature also reduces kW demand and charges
• Maintenance savings!– No touching parts
– Misalignment & vibration corrected for long seal and bearing life
– Operates in any environment
• Never Wears Out! Parallel Misalignment Angular Misalignment
Air gap shown in
red
Save Energy!
Gap 1 Gap 2
– Energy Saving Feature by Adjusting Air Gap (‘SmartPOWER’ reduction)
– Benefits from Affinity Laws on centrifugal loads
• 5% less speed = 10% less power
• 10% less speed = 20% less power
– Load speed is adjusted to actual demand required
SAV
ES E
NER
GY
Energy Savings!
The Flux Drive SmartCOUPLING: SmartPOWER™
Save Energy!
6
• Accommodates Axial Elongation
• Accepts Shaft Misalignment
• Permits Angular Misalignment based on Coupling Size
• And NO transfer of vibration
• NEVER wears out!
Save
s M
ain
ten
ance
Save Energy!
7
THE
SOLU
TIO
NThe Flux Drive Adjustable Speed Drive (ASD)
• Variable speed for maximum energy savings– Dynamic speed adjustment for automated control
– Superior to electronic speed control devices
– Works with any motor and in any environment (hot, dirty, corrosive, etc.)
– Not susceptible to power quality problems
– No harmful electrical side effects - harmonics
– Decades of useful life with minimal maintenance
Save Energy!
Company Milestones:– 2007: Flux Drive – Product Ready, First Sales
– 2008-2012: Initial markets cultivated, ASD product launched & refined with proven product acceptance
– 2012 Product Certification Attained, American Bureau of Shipping• Completed Phase 1 of US Navy contract
– 2013: ASD scaled to 300hp, SmartCOUPLING™ released to 125hp
– 2014: Marketing launch and scaling of SmartCOUPLING™ to 500hp• Phase 2 Navy contract award projected in Q4, 2014
Patents:– 11 patents in portfolio with applications in over 35 countries
– Issued patents in USA, Canada, Mexico, South Korea, Singapore, Australia & New Zealand
CO
MPA
NY
8
Save Energy!
CO
MPA
NY
9
Team:– Philip ‘Chip’ Corbin, CEO: Inventor & primary
patent holder. 30+ years experience with rotating equipment & mechanical design
– John Watson, President: 35+ years executive level experience with proven ability to achieve revenue growth & profitability
– Libby Dunkin, COO: 30 years product development experience in high growth companies
– Matt Carlson, VP Sales/Marketing: 25 years tech & clean-tech marketing experience including energy efficient products/services
Save Energy!
10
THE
MA
RK
ETMarket Size• $29 billion combined existing global market for couplings and ASDs
• $90 billion addressable market for speed control/energy savings on existing pumps and other equipment
• Flux Drive products address 90% of the 12 million U.S., and 62 million global motor systems
Save Energy!
11
THE
MA
RK
ETMarket Dynamics: “90/90/10” Value Proposition• 90% of typical plant’s pumps, fans and blowers have Excess Capacity
Margin (ECM) for <2 year payback on SmartCOUPLING™
• 90% of those systems will never need an upgrade to full auto control
• 10% load speed reduction - creates 20+% energy reduction
Growth Strategy:
Save Energy!
2014 MarketingM
AR
KET
ING
• Veolia Case Study (written by Veolia staff)–May “Pumps & Systems” publication
• 3 published case studies – brand approval received from Veolia, Kolon, and Sierra Pacific
• Advertising: 100,000+ impressions in April/May
− Modern Pumping Today – Full Page,Page 1
− Pumps & Systems: 2/3 page
− Upstream Pumping: 1/3 page
• Ongoing advertising June-August
• Tradeshows
− Navy, Oil & Gas, Forest Products
Save Energy!
13
CO
MP
ETIT
ION
Competition only provides adjustable speed ormaintenance benefit – not both!
Electronic VFD
“Flexible” Couplings
– Electronic solutions:• More complex and less reliable
• Create damaging side effects
• Won’t survive in many environments
• Expensive overkill for fixed speed control
• NO MAINTENANCE BENEFITS
– Flexible Coupling solutions: Waste Energy• Alignment critical – cause of excess vibration & wear
• Contain wearable elements - ongoing cost
• Don’t protect against load seizure or hard-start
• NO ENERGY SAVINGS or SPEED Adjustment
Save Energy!
U.S. Distribution PartnersTR
AC
TIO
N
14
International and Vertical Market Distribution Partners
Oil & Gas:
Military/Marine:
Mexico/Latin Am:
Canada:
SE Asia:South Korea:
Save Energy!
TRA
CTI
ON
15
Flux Drive Customers
Sierra PacificIndustries
Save Energy!
Customer Installations
TRA
CTI
ON
16
100hp – Hot Oil Pump
50hp Dye Pump
200hp Water Pump
50 hp Cooling Tower Fan
The SmartCOUPLING™ ASDs
50hp water pump 200hp Induced Draft Fan
Save Energy!
17
FIN
AN
CIA
LSFinancial Details
Projected financial performance for North and South America
• Based upon adequate and timely access to growth funding in Q2 2014.
• Additional revenue from international growth provided upon request
For financial details, please login to Crowdfunder using your accredited
investor account
Save Energy!
18
FIN
AN
CIA
LSCurrent Round
Use of Funds:
• Expanded sales/marketing effort
• Accelerated product fulfillment capabilities
Securities: Series C Preferred Stock
Valuation of the Company: $6,000,000 pre-money
Amount of offering: Up to $4,000,000
Consideration: Cash
Number of shares: 12,472,715 shares
Price per share: 0.3207
Investors: Accredited investors acceptable to the Company.
Save Energy!
19
Thank You
Contact:Philip ‘Chip’ Corbin, CEO
253-826-9002, Ext. 707
Save Energy!
20
THE
SOLU
TIO
NThe Flux Drive SmartCOUPLING (FSC): How It Works
– ‘Drop-In’, replacement for ‘Old’ Couplings
• Permanent magnets mount on load shaft
• Induction rotor mounts to motor
• No touching parts (red area shows air gap)
– Motor – provides input torque / power
• Current induced from permanent magnetflux into induction rotor
• Induction rotor becomes an induced magnet
• Induction rotor attempts to couple, rotate with permanent magnet rotor
• Result – Motor Torque is transmitted to load
– SmartPOWER™ - Air gap spacers
• Install to decrease magnetic coupling effect
• Allow load (pumps & fans) to rotate slower –thereby Saving Energy!
Save Energy!
