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 Ltd
The 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 Britain
4. 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% Loopwheels
USP: 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 Britain
Our 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 pistons
The 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 2019
Management 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! Loopwheels: enabling energy-efficient urban mobility through in-wheel suspension
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