Loopwheels technology: enabling energy-efficient urban mobility through in-wheel suspension - Gemma Pearce, Jelly Products Ltd - Rushlight Events
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Loopwheels technology:
enabling energy-efficient urban mobility
through in-wheel suspension
Gemma Pearce, Jelly Products LtdThe problem:
Congested cities need new efficient lightweight vehicles
Efficient lightweight vehicle for every journey
Electric or bio-hybrid power
Artificial intelligence and app driven.
Independent wheels with integrated power and
suspension
Flexible lightweight platform
– being promoted now.Loopwheels - a Vision of the Future Loopwheels IPR licensed for use in a range of applications requiring optimal efficiency in transport: Low weight Highly energy efficient Super comfortable ride No damaging vibration Highly versatile platform Low maintenance costs We have IPR on, and manufacture, a range of suspension wheels, each developed for differing performance and applications:
Key enablers to lightweight efficient transport
are reducing 1. weight and 2. unsprung mass
1. We need to get rid of heavy,
bulky components:
Separate Suspension System
Power Train Systems
Steering Systems
Taking out heavy
components
enables
greater speed with
less power.
Opens up use of
small efficient
motors.2. We need to reduce unsprung mass*:
* Unsprung mass is the total mass of the components beyond the suspension system.
In a Loopwheel suspension system, unsprung mass comprises the rim and tyre only.
3. 360 Degree Suspension
The Loopwheel suspension system works uniformly
in a radial direction around the wheel axis: it is
always at maximum efficiency
Designed, Engineered and Manufactured in Great Britain4. Loopwheels reduce vibration
Whole body vibration is tiring and damaging to human health.
After
Carbon composite springs are
efficient at reducing transmission of
Before
vibration from the road surface to the
vehicle
Wheelchairs:
Metal Spoked
Loopwheels
proven to
Softwheel
reduce
whole body
vibration by
70%
LoopwheelsUSP: Putting a hub motor into Loopwheels
technology uniquely combines all these benefits:
Reduced unsprung
mass: lightweight rim Low rolling resistance:
and tyre are the only ability to use a high
unsprung components pressure low profile tyre
360O suspension
Reduced weight:
gets rid of heavy
components on
vehicle
Provides space
suitable for 3rd party,
digital brushless
motors, with
Reduced vibration: electronic braking in
from carbon composite the wheel.
springs
Designed, Engineered and Manufactured in Great BritainOur competition - SOFTWHEEL
1. Softwheel is our only in-wheel suspension competitor.
2. Launched for wheelchairs in 2014, SoftWheel has raised
$40.2m in 5 rounds since 2014 including 2018 $25m
investment from Mitsubishi to develop the technology into
automotive.
3. Israeli. Big business mentality, high investment, slick
marketing.
4. RRP c £1000 per wheelchair wheel vs Loopwheel £400 - £950
(depending on model)
Loopwheels are better Softwheel
Proven to reduce vibration better than X Not nearly as effective in reducing
Softwheels. vibration as Loopwheels due to need to
No moving parts so virtually maintenance activate the piston.
free. X Expensive to produce
Production cost will be much lower when X Heavy
automated. X Design can’t be scaled down much due to
Can be adapted to castor wheel or for large piston size (so no castor or large hub
hub motor… motor possible)
integrated motor and steering relatively easy
Springs lighter than pistonsThe Business - Evolution
2007-18 2019 2020 2021
Investment:
£50k : Sam and Gemma 2012 Investment Needed: £200k Investment Needed: £550k Investment Needed: £250k
£60k : Kickstarter 2013 Turnover: £337k Turnover: £1,059k Turnover: £2,563k
£151k : Innovate UK GRANTS Grant: £31k Overheads: £395k Overheads: £567k
£43k : Capital GRANT Company Valuation:£1m Company Valuation: £1.5m Company Valuation: £3m
£250k : Long term LOAN
Turnover:
2018 t/o £265k
Bike Wheel Castor Wheel
Integrate with Hub
Motor
Efficient, low
Wheelchair Wheels energy
1. Castor wheels personal
• Wheelchair front wheels mobility
Car seat • Hospital & other high solutions for
Stroller Wheelchair value equipment new markets
Market 2. Integrate hub motor
INITIAL SOLUTIONS CURRENT BUSINESS PLAN BUSINESS PLAN PLUS IPR LICENSING PLAN
DEVELOPMENT Develop, protect, current plan and take Current plan, plus
(develop and sell IPR) manufacture and sell already developed License products to
wheelchair wheels; launch prototypes to manufacture new markets
off-road design Sept 2019Management Team Sam Pearce, Technical Director: World class engineer and designer with unrivalled know-how in “in-wheel suspension”. Gemma Pearce, Managing Director: Board level experience in multiple sectors. Ian Abbott, Sales and Marketing Director: Over 25 years managing businesses within Boots the Chemists, and SME business development. Appointed January 2018 Shaun Walsh, part-time FD: ex PWC with extensive SME & start-up experience. Appointed January 2019 Governance: Board meetings chaired by Alistair Tusting, of British luxury leather-goods manufacturer Tusting IP Strategy: Potter Clarkson and John Dean IP
Thank you!
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