UK greentech low carbon energy innovation business seeks acquirer / investor / joint venture / technology licensor for their new affordable solar drinking water disinfection technology is validated by World Health Organisation.
Country of Origin: United Kingdom
Reference Number: TOUK20211027001
Pubilcation Date: 2021-10-28
Summary
UK SME offers exclusive early global market access via a patented scaleable product: a unique off-grid flow-through solar thermal water pasteuriser making clean drinking water. The company seeks commercial agreement with technical assistance, financial agreement, joint venture agreement and/or license agreement. Users get safe sustainable low-cost disinfection, long life & reliability deployable mainly in sunny tropics but not exclusively.Description
This dedicated UK innovation technology business creates profitable and sustainable new greentech products for others to scale up and commercialise. Its founder is a serial product developer.This unique patented and scaleable technology is ready for market. Independently validated, the WHO's International Scheme to Evaluate Household Water Treatment Technologies tested the product and conclude that it offers “comprehensive protection” against bacteria, viruses & protozoa in drinking water.
This flow-through solar thermal water pasteuriser makes clean drinking water. Users get low carbon, sustainable, low cost, safe water, off-grid capability, high reliability, simple maintenance and a 20 year product life.
There is potential scope for technology diversification as well as refinement, optimisation and value engineering in order to reduce the cost of manufacture at scale.
Its lifetime water cost is already low, at USD 0.002 per litre, likely to fall below USD 0.001 when volume manufacture is in place.
There is already the ability to manufacture in the UK via a subcontractor. Alternatively, partner/s may choose to manufacture the product themselves.
Seeking to take its new safe drinking water product forward to sunny tropical markets internationally, the company now seeks, in descending order of preference: one global scope technology or company acquisition partner, one or two major investors, a joint venture, or several territorial licensee partners through commercial agreement with technical assistance, financial agreement, joint venture agreement and/or license agreement:
In all cases, the company can transfer the core intellectual property and the wider know-how via a technology transfer agreement backed up with a continuity arrangement with the founder.
Partner/s will not only (a) pioneer solar thermal water disinfection globally, (b) save 500,000 lives within 10-20 years, (c) substantially decarbonise water supplies by using solar energy, but also (d) do this profitably.
Additional Notes:
Two major global market studies on the global water industry by Frost & Sullivan endorse the innovative design approach of combining renewable energy with pasteurization.
Firstly, renewable energy is endorsed as “sustainable, energy-efficient, reducing costs” (ref: 2017 F&S Global Industrial Water Market Predictions Report).
Secondly, pasteurisation is endorsed as having ”immense potential”. (ref: 2018 F&S Global Water & Wastewater Disinfection Systems Market Forecast to 2024).
By combining renewable energy with pasteurisation together, this technology is uniquely situated to deliver massive potential.
Business plans including initial market analyses are available.
Expertise sought
Stage of Development
Prototype available for demonstrationStage of Development Comment
UK Patent granted, EU Patent near to grant, US in progress. The Prototype has been deployed and initial manufacturing costs completed. Opportunities to optimise exist in performance and manufacture/value engineer.Requested Partner
The four partnership options:-commercial agreement with technical assistance,
-financial agreement,
-joint venture agreement and
-license agreements are listed in descending preference order.
1 - Commercial Agreement - Acquisition Agreement - for the technology.
This is the preferred partnership. One total acquisition partner is sought to acquire this technology for use at a global level for an agreed upfront sum. This acquisition can happen in one of two ways: they can either buy the whole company itself, since it contains no other significant IP; or they can buy only its technology, its IP and its know-how outright and exclusively. The acquiring business may be actively growing or diversifying into sustainable technologies via acquisition. It may may have relevant global interests or ambitions in activities such as: large scale drinking water production; smaller scale water filters or other types of water treatment; renewable energy especially solar thermal appliances; public health interventions; distributed infrastructure; products for off-grid lifestyles such as boats or caravans and festivals; international aid programmes; disaster relief and recovery; healthtech or greentech scale-up and internationaisation; value engineering and manufacture of medium to large scale metal and polymer products.
Alternative possible partnerships now follow.
2 - Financial Agreement - such as venture capital
One or two significant investors interested in taking the technology forward on a venture capital equity basis. Although investors could be from a wide range of profiles, it is most likely that they will focus on one or more of: internationalisation and scale-up, developing markets, engineering, hard-tech, green-tech, med-tech, water or infrastructure. The founder has experience of building VC-funded startups. A clear path to founder exit within 6 years is essential.
3 - Joint Venture Agreement
A suitable Joint Venture Partnership may take the form of either a contractual venture or a joint company limited by shares. The second approach is preferred. This technology company will provide IP and knowhow from the founder, while the partner company will provide all other resources. It would accelerate time to market and provide, within 6 years, a clear path to founder exit, perhaps through IPO or sale of shares. JV partners may have relevant geographic interests in related markets, as listed in 1 above.
4 - License Agreement/s
One or more territorial licensee partners, where exclusivity to certain countries, regions, or continents may also be considered. Manufacture may either be in-house or by contract back to Relevant Projects Ltd. A fee will be payable for the acquisition of the license, which will be subject to performance and exploitation review and will also be subject to volume-based royalties. Licensee partners may have relevant geographic interests in related markets, as listed in 1 above.
In all cases, there is some preference for partners from India and Australia, South Africa, india and the UK, but this is not essential. In all cases, technical support from the founder can be provided for more than 12 months.
Partner/s will not only (a) pioneer solar thermal water disinfection globally, (b) save 500,000 lives within 10-20 years, (c) substantially decarbonise water supplies by using solar energy, but also (d) do this profitably.