The necessary design modifications needed for our commercial mobile LNC production units include: devising a method to continuously produce LNC at a rate of 68m3/hour; ensure the unit is completely mobile and ruggedized and can optimally connect to any water supply system on site to be build, trial and test in three consecutive sizes. A detailed market study has concluded that LNC has a massive potential to treat millions of hectares of land for the private and public sector. For the former sector, reforestation projects alone represents a multi-billion-euro opportunity, while treatment in the agricultural sector and golf industry represent endless opportunities in the private sector. We have also prepared our supply chain, with a list of suppliers for industrial pumps, local source of sodium bentonite, software developers and the sensors including MEGA AS and Vegetronix & Pycno.
We have evolved our commercialization strategy into a three-tiered plan for evolving both the technology of LNC and consecutive business models for each. For the present, we will continue to commercialize LNC under a B2C model until we launch a B2C business model in 2022 whereby we license our mobile LNC production units and standardize our pricing (annual license fees and royalty fees). In order to ensure that we can carry out this strategy, we have identified the need to grow our team by 18 persons over the next 5 years.
We have identified the needs for an LNC Certification Guideline which will detail suppliers of certified calcium bentonite, documentation for Directive 2006/42/EC, 2009/125/EC and Regulation 167/2013, GLOBALG.A.P. and ISO 14055. We identified new patents and other patens we will need to design around to ensure our own FTO of WO2014028467A1, US9505660B2 and US9464003B2. By undertaking a series of financial projections we have found we will achieve ROI within the second year after our market launch. This is taking into the €1.73 M in costs we have estimated associated with the necessary scientific equipment, consulting services and other project costs.