Professional Services Company Seeking Loan in Dundee, UK

- Company involved in providing various services in the marine sector has developed a novel modular ship. Green design for zero carbon global delivery of cargoes, that will address climate change issues and achieve zero carbon emissions in the marine supply chain.
- Currently, we are in the prototype development phase and are working towards finalizing the end-user experience. Our technology makes it possible to power the self-sustaining sea train by a combination of wave energy, wind energy, solar energy, and green Hydrogen.
- Allowed by request we have developed the design concept and an online demo version to see the design, including tank testing data.
- Have planned more applications using our innovative power generation technology which can be integrated into the fields of desalination, hydrogen generation as well as medical oxygen production.
- Revenue model: users will be charged a licence fee to use the technology in addition there will be O&M contracts as well as a 2.5% royalty on every kW of power generated.
- Marketing plan: aim to promote our technology on social media platforms including industry platforms like the Marine Technology Society, Institute of Marine Engineering, Science and Technology, Institute of Engineering Technicians, Royal Institute of Naval architects and the International Institute of Marine Surveying all of which the founder is a member of.
- The founder has 35+ years of experience in the industry and is a Chartered Engineer registered with the UK Engineering Council.
- Company is registered in Scotland, the United Kingdom, and members of the technical team are based in India, Singapore, Cyprus, and Thailand. The company is a one-man show with the technical team being hired on an ad-hoc basis.
- We witnessed a drop in our sales as the founder is unable to go onsite due to travel restrictions.