Periodic Reporting for period 1 - SNOWTECH (A novel method for prolonging the melt time in snow and ice through restructuring and electro smog removal)
Reporting period: 2017-02-01 to 2017-04-30
The SnowTech system is at a technology readiness level (TRL) 6 stage of development. The overall aim of the project is to take the technology to TRL9 and to market launch our solution in compliance with EU Directives and relevant certifications for this kind of technology (CE marking and EU Ecolabel).
- Task 1. Technical Feasibility: to refine the design and process of our technology with industrialization purposes increasing production capacity and reducing production costs.
- Task 2. Certification Study: to research the viability of achieving a certification for our SnowTech machinery via CE marking and EU Ecolabel certification.
- Task 3. Commercialization and Marketing Plan: to set up supply chains and a customer base for the industrial production of SnowTech machinery. This will include a detailed commercial and marketing plan so as to fully investigate market size, trends, key clients, and how to successfully penetrate the artificial snow machinery industry.
- Task 4. Financial Feasibility Study: of the entire project to evaluate revenues, margins, and return on investment, and consolidate the business plan.
Alpine countries such as Austria, Italy, Switzerland, France, Germany, and the Czech Republic (with 2,119 ski resorts and 200 million skier days a year) will be our priority markets due to market size and their need for energy and water efficient artificial snow production equipment.