In our Feasibility Study we have developed four different tasks:
Task 1: Technical plan
During this task, we have evaluated the technical concept and manufacturing process of SYSTEMPOLE, including the polymeric raw materials assessment and the joining method assessment. We have chosen polyamide (PA) material as polymeric matrix and the option of joining based on the hypothesis with male/female geometry .
Besides, the technical viability of SYSTEMPOLE has been assessed through a risk analysis to identify and prevent any possible incidences that could arise during scale up, future operation and service life.
We have decided to continue with the development of SYSTEMPOLE. In this context, we have defined our execution plan with main tasks, considering this point as future activities instead of including it in the technical plan.
Task 2. Subcontractor and supplier selection
For the execution of Task 2, we have conducted an exhaustive search and selection of subcontractors and suppliers which will participate in the industrial scale up of SYSTEMPOLE technology and, later, on its future commercialization. This task has been very important, as the success of the project and the full deployment of the technology relies on the collaboration of several actors involved in the production and commercial chain. Furthermore, this search and selection has been done taking into consideration the origin of the potential subcontractors and suppliers, which should be in line with the commercial and exploitation strategy for SYSTEMPOLE.
Task 3. Commercial and exploitation plan
During this task we have analysed the commercial impact of SYSTEMPOLE solution as an essential part of the anti-hail systems. We have done first, a market analysis for orchard of apples, pears, peaches, nectarines and apricots, studying its size and structure, the target market and share, geographical analysis, market evolution, drivers and barriers. Moreover, we have analysed the profile of the main competitors and we have conducted an analysis in pricing and regulation issues affecting our market.
On the other hand, we have developed a sales and exploitation strategy for SYSTEMPOLE comprising the unique selling points and key stakeholders to get involved.
Finally, a Freedom to Operate analysis has been carried out to ensure that there is not any overlapping with the proposed technology and any other patent. Based on the results, knowledge protection strategy has been defined with the objective to protect IPR.
Task 4. Financial feasibility study
We have evaluated the financial viability for SYSTEMPOLE project through the consolidation of the business model. We have defined our total annual production (cumulated of 1.38M of SYSTEMPOLE by 2023) and we have stablished the production cost and the selling price of SYTEMPOLE (€16). We have updated the projection of the revenues, margin and Return of Investment (ROI) for the first five years has been updated.
