Photo - Octoglass JSC
49178

Octoglass JSC

Electrochromic film for lamination

Russia, Moscow region
Market: Transport, Chemistry, Another
Stage of the project: Prototype or product is ready

Date of last change: 14.09.2020
Min investment
$  1.500.000
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Total required
$ 4.100.000
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Idea

Conversion of current "filling triplex" technology of Electrochromic Smart Production process into standart process of film lamination, building of production facility with 10.000 sq.m. of the film per a month.

Current Status

A product with similar features is already commercial available from our company.
Samples of electrochromic film are ready, samples of electrochromic film laminated into glass are ready.

Market

Main market: meanings of transport (automotive, railroad, water and air transports). The product can be used for glazing everywhere ordinary glazing is used.
Side market: interior glazing of middle size.

In general we sell film for lamination that is used by ordinary glass processing companies to produce their general products with additional features.

Problem or Opportunity

Current production technology is very complicated and too expensive. Moreover it is not possible to improve main qualities of the final product with the current production technology.
Switching to film production will enable any glass processor to use this technology in their products.

Solution (product or service)

Decision is to improve the production process and moving from "filling triplex" option to "lamination triplex" standard production process. That will let to achieve much better results of the product, reduce its cost and let to spread it over the world.

Competitors

Direct competitor - our current product because it uses the same principles.
Not direct competitors - SPD and PDLC, they are film but don't provide required features to the end users like color of tinting, absence of haze, large contrast of light transmission.

Advantages or differentiators

Main color of tint is neutral black. That leads to no color cast and is required by the end users.
Zero level of haze. Other technologies like SPD or PDLC have extremely high level of haze that prevents them fr om usage at meanings of transportation.
Large light transmission contrast. Our technology provides 65% and more of contrast. That means that the final product will be legal even at the countries wh ere are limitations are introduced for light transmission levels. For example, the final product can be used as sidelites or even windshields.

Finance

Main stream: sales of electrochromic film
Side stream: licensing of other manufacturers

Business model

Main purpose is B2B model. We don't connect with final users directly. No vertical integration. The new product will squeeze into already existed value chain of glass selling.

Money will be spent on

1. Phase 1: R&D of good electrochromic polymer for film + testing, small samples production, bus-bars solution.
2. Phase 2: Factory with large machinery establishing.

Offer for investor

Looking for investments into a new company that will receive IP via licensing or share/stake.

Risks

1. Poor R&D results will lead to more expensive production equipment and higher cost of the final product.
2. Difficulties with installation of bus-bars can reduce eagerness of the glass processing companies from usage of the product.
3. Governance implications can ban usage of adjustable tinting at road (for example) that can cut a part of the market.

Incubation/Acceleration programs accomplishment

Russian Railroads Acceleration - in progress

Invention/Patent

USA patent US20190285958 (US10732477B2), EU patent ЕР3543780 pending, Korea patent 10-2050159, Russian 2711654, Russian RU2718087 + one Russian patent for control devices.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video