Broad Market Applications
Today, as much as 60% of home utility costs come from heating and cooling air and water. In commercial or industrial buildings (hospitals, prisons, factories, etc.) that number can be as high as 80%.
Our new thermal pump technology, in addition to replacing environmentally toxic hydrofluorocarbons (HFCs) with CO2 - a natural refrigerant - promises to reduce heating and cooling costs by as much as 50%*.
Our go-to-market strategy is very simple – we want to be the ‘Intel’ of the industry with our components in OEM customer products. We start by identifying end-user niche segments where our value proposition is greatest and work with leading OEMs to develop products that serve these markets. We generate revenues either by selling components or by licensing technology—our goal being rapid market entry via existing OEM distribution channels.
While our first partner specializes in residential HVAC, we recognize that profitable opportunities exist in several major market segments. Our same compact and quiet thermal pump will solve heating and cooling problems related to space, energy efficiency, cost, and concern for the environment. Our technology is ideal for homes, can replace rooftop units on commercial buildings, boilers and chillers in industrial processes, and fits a variety of mobile and portable applications.
Accordingly, we have established partnerships with select OEMs dealing in high-end residential, higher volume residential, and commercial rooftop heat pump units with plans to penetrate additional niche market segments in the near term.
We find the market for our game-changing technology to be expansive and even more eager than we initially anticipated.
* Cost savings are estimates only. Actual results vary based upon application and existing system.