In the course of this feasibility study, a series of technical validation tests were conducted and several technological choices were analyzed in order to select the most efficient means to answer the specific demands of the project. The various potential choices that were first considered finally converged towards a unique vision of WISE’s design and a consensus over the way to implement it.
Simultaneously, a thorough refining of the business plan was carried on ranging from a financial analysis to a projective study of the commercialization process and the expected return on investment. The business model evolved progressively with each of the choices into its final form that responds to our company’s functioning model and enables us to answer the demand.
In parallel, a survey was sent out to various international aerospace authorities to serve as a validation basis for the project’s main assumptions and the study’s conclusions. Interviews were also conducted with key clients thus giving us feedback from France, Australia, Turkey… We were thus able to carry out an estimation of the proposition’s value at each point of the feasibility study by comparing the customers’ needs and potential gain to the solutions that the WISE system can offer.
This approach not only confirmed the main hypothesis that was set in this project’s proposition but also contributed to mature the project’s definition in response to the three considered axes: technical, financial, and market based. Demand for the WISE project was expressed and defined, technical choices affecting the design were considered and selected, and a strategy was elaborated to answer these two affecting aspects.
