21
Flux Drive Overview SmartCOUPLINGs‘Drop-in’ Solutions for Energy Savings ‘Right out of the Box’ Save Energy!

Flux drive, pitch deck 5 21-14

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: Waste Water, 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!

GAP 1 = 10% Savings

GAP 2 = 20% Savings

6

• Accommodate

s Thermal

Growth

• Accepts

compound

Shaft

Misalignment

• Permits

Angular

Misalignment

based on

Coupling Size

• And NO

transfer of

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 with a 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!

2014 Product ExpansionM

AR

KET

ING

13

• FSC-BP Belt Pulley Version – Spring 2014• FSC-5 (250hp) release – Summer 2014• FSC-6 (500hp) release – December 2014• Additional ASD Development for NAVY

Market

Save Energy!

14

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 SAVINGS

– 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

15

International and Vertical Market Distribution Partners

Oil & Gas:

Military/Marine:

Mexico/Latin Am:

Canada:

SE Asia:South Korea:

Save Energy!

TRA

CTI

ON

16

Flux Drive Customers

Sierra PacificIndustries

Save Energy!

Customer Installations

TRA

CTI

ON

17

100hp – Hot Oil Pump

50hp Dye Pump

200hp Water Pump

50 hp Cooling Tower Fan

The SmartCOUPLING™ ASD (IntelligentCOUPLING)

50hp water pump 200hp Induced Draft Fan

Save Energy!

18

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!

19

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!

20

Thank You

Contact:Philip ‘Chip’ Corbin, CEO

[email protected]

253-826-9002, Ext. 707

Save Energy!

21

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 then couples / rotates 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!