We developed a technical feasibility to analyse the technical requirements to ensure Mega-Inliner® applicability in more liquid cargos; and for the foil optimization. We also defined the industrialization plan and updated the Workpackages required to reach the innovation to the market. We also updated our FTO analysis. We currently have a patent pending and we have developed and registered a memorable and distinctive brand for our product. We carried out a patent search analysis and we concluded that Mega-Inliner BV has not infringed on any established IP. Based on these results we decided to expand our protection with a European Unitary Patent and we will setup an IP working group to develop and to administer a comprehensive IP strategy.
We developed a business feasibility assessment involved contacting key stakeholders, end-users, and potential partners. In-depth interviews were carried out with all of these parties. This built up a picture of the customer pains, and the market where Mega-Inliner® would enter. At first glance, it is clear that the bulk liquid transportation market is expanding, and the dependent users are critically unsupported by the current solutions.
Finally, we carried out a financial assessment in which we performed an in-depth cost/benefit analysis and we evaluated the total investment requirements to bring Mega-Inliner® to the market.
For all that reasons, we conclude that the Mega-Inliner® project is feasible and go therefore ahead with a Phase 2 preparation
