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The following SMART 100 profile and the information it contains is a duplication of content submitted by the applicant during the entry process. As a function of entry, applicants were required to declare that all details are factually correct, do not infringe on another’s intellectual property and are not unlawful, threatening, defamatory, invasive of privacy, obscene, or otherwise objectionable. Some profiles have been edited for reasons of space and clarity. More about the SMART 100.
Ultra efficient marine hull
This innovation initially came to life when…
I stumbled upon some published research work being undertaken by an overseas research establishment. Their research was not related directly to my invention but had direct application to what I saw as being directly applicable to my area of interest.
WHAT & HOW
The purpose of this innovation is to…
…enable larger power-driven vessels to travel faster and cheaper. It will overcome the current limitation experienced by conventionally designed vessels.
It does this by…
…overcoming the effects of what is now referred to as hull friction. Currently designed vessels experience increased resistance to their forward motion as they increase speed. These effects will no longer be present with my design.
PURPOSE & BENEFITS
This innovation improves on what came before because…
…of the new design’s reduced resistance as its speed increases. This reduced resistance will enable craft to travel at speeds not before thought of as being possible. It will also reduce the fuel needed to propell vessels.
Its various benefits to the customer/end-user include…
Very much faster ocean going vessels. Vessels that will be very much cheaper to run.
COMPETITIVE LANDSCAPE
In the past, this problem was solved by…
Its predecessors/competitors include…
TARGET MARKET
It is made for…
This new design has global application. The movement of all cargo will be affected.
DISTRIBUTION STRATEGY
It is available for sale through…
Anticipate sale through a licensing system.
Our marketing strategy is to…
…build a working prototype of the design to demonstrate its possibilities with regard to the carrying of cargo and its speed potential.
SHOW YOUR SUPPORT…
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