Periodic Reporting for period 1 - HYBRID_BOATS (An innovative hybrid propulsion and generation system for yachts)
Reporting period: 2015-12-01 to 2016-05-31
Our solution has demonstrated to be able to face any technical problem related to propulsion, generation and automation, therefore the project will be submitted to Phase2
Giambrocono & C. Spa has analysed in detail our IP situation in relation to single project components and to the solution as a whole. Such research has led to the identification of different patents that only describe in a general way a propulsive architecture. Thus the analysis carried out has certified our full freedom to operate.
Among main activities to introduce our innovation on the market, our hybrid propulsion system has been presented during the 2016 edition of Elite Days, organised by the shipyard Sanlorenzo. Our innovation, presented as a real Eco Revolution, has obtained a great success. Sanlorenzo has decided to support our project by the means of a letter of endorsement.
All potential risks which can harm the project have been identified and risk-mitigation measures have been defined, especially for technical risks.
The business planning has allowed us to define with precision all the economic variables involved, the required investments, the financial needs and the forecasted turnover, which appears very promising.