Our technical plan is made of 3 Work Packages, aimed at upgrading our existing prototype, testing it internally and externally and creating a marketable product. For these, we will hire 4 additional staff.
We studied the target market and competitors. The cruise ships market is a highly promising one, worth over €42 bn in 2019.
Sanistabilizer has full Freedom to Operate. Our strategy will be to sell our product to cruise ship, ferry and other gross tonnage ships producing large amounts of waste directly. We will use current clients, promotion by local partners, and digital/conventional marketing to reach new clients.
The project is highly profitable, with an ROI of 9.7 by 2026 for the €1.8 M required to bring our innovation to market. This will translate into total revenues of almost €42M per year by 2026, and accumulated profits of over €48M.