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AIAcceleration
Guanhao Wu
Monday, 12 July 2021 / Published in Startup

Exovolar

Industries are constantly looking for quicker & more efficient ways to send workers to their aerial workspace.

Exovolar - Action Movie Shot
*The above graphic contains images of a prototype that is currently not available for general use.

Conventional aerial work access is becoming inefficient with advances in drones. We have traditional methods of sending people to the sky, cranes, scissor lifts, extension ladders, scaffoldings, and suspended workstations. However, as drone and robotics technology mature, much of the inspection and fault detection work can be done remotely.

Exovolar - Wind Turbine for Web 9 1 1536x864 1

Humans are only necessary for more complex missions. As a result, the cost and logistic effort of setting up heavy machinery for humans to reach a location in the air would likely become increasingly more inefficient for an operator. If only there was an effective way for people to easily access their workspace in the sky.

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Market Opportunity

Post-military markets are billion dollars ($) sectors within utility industries where aerial work is performed (e.g. wind turbine maintenance, $8B in 2016 with 11.1% CAGR from 2017 to 2025).

Exovolar - transmission towers

Airborne manned-unmanned teaming, matured from the military, can be applied to the industry for the future of aerial work.

Exovolar - BladeBUG 01
source: https://bladebug.co.uk/

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The Solution

Analogous to how SpaceX lands rockets, we are using thrust vectoring technology to build a hands-free autonomous flight system for dexterous airborne missions. We believe the sensing and control technology today has matured to a point where we could send humans to aerial worksites reliably.

Exovolar - obsidian transbgd 1
*Images are computer-generated demo versions. The product is still currently under development.

Current personal air mobility requires at least one hand to fly. We take the system complexity trade-off for hands-free utilities. Industrial platforms are being optimized so that workers can focus 100% on the task at hand.

Exovolar - jet powered platform sm 2
*Images are computer-generated demo versions. The product is still currently under development.

Our first prototype comes in the form of Exoskeleton for our initial go-to-market segment: military seeking combat/support mobility.

Exovolar - Action Movie Shot
*The above graphic contains images of a prototype that is currently not available for general use.

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Go-To-Market Strategy

Our first target customer is the military-industrial complex. There are many use cases that make the military an ideal first customer. After that, we will look to target a more broad industrial market that involves aerial work, from wind turbine maintenance to utility tower repair.

Exovolar - exovolar go to market

As the technology matures, we will look to enter the Public Safety sector in which the hands-free flight system can help with search & rescue and emergency medical response.

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Our Team

The Exovolar hands-free autonomous flight system is brought to you by the incredibly talented team below.

Exovolar - exovolar team

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Roadmap

We have all the expensive hardware (engines, exoskeleton, safety rig, and airport test site) needed to achieve flight with the first prototype. Thus in the next 18~24 months, with largely on payroll expenses, we will 

  1. Finish the current prototype
  2. With the current prototype, look for capability demonstration and letters of intent
  3. Develop second prototype with the focus on a specific military branch, aerial work industry, or entertainment venue
  4. Look for subsequent investment to go from second prototype to production
Exovolar - Interior shot 3.1
*Images are computer-generated demo versions. The product is still currently under development.

Our equity crowdfunding campaign is now LIVE on StartEngine! Hit the buttons below to invest now!

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