|
|
WinFin VAWT efficient Vertical Axis Wind Turbine for individuals, communities, businesses There are currently no reviews for this Innovation.
| WinFin VAWT
efficient Vertical Axis Wind Turbine for individuals, communities, businesses |
|
Win Fin's unique adjustable airfoils maximize the capture of wind energy as a silent, clean, efficient, affordable, and expandable independent energy conversion and storage system. |
 Annual Sales Forecast for USA * | Innovation Status |
Idea |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
Development
Status |
Proprietary
Protection Status |
Concept
Score |
| Ultra Low |
$3 |
$260,000 |
$2.8 M |
2 of 5
Successful Prototypes
|
2 of 5
Patent Pending
|
41 29 is
Average
|
| Low Support |
$3.3 M |
$12.0 M |
$32.1 M |
| Medium Support |
$28.1 M |
$89.5 M |
$203.6 M |
| High Support |
$74.7 M |
$239.2 M |
$541.0 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$144.6 M |
$459.6 M |
$1.0 B |
6 mos-1 yr
|
$1M-$10M
|
WinFin VAWT
- efficient Vertical Axis Wind Turbine for individuals, communities, businesses
Final Decision Maker: Farmers
WinFin is a small residential/commercial Vertical Axis Wind Turbine system that will reduce energy dependence on fossil fuel systems. The WinFin uses specially designed airfoils and an innovative continuous adjustment system that allows the WinFin to rotate several times faster than the prevailing wind. WinFin can operate in all weather conditions. This offers great potential to generate and store clean energy, and generates more electricity than ordinary wind turbine systems. WinFin uniquely captures and stores wind energy that can later be used as needed, sold through the power grid, or to operate independent/remote energy applications, and is safer and less costly then energy created by conventional wind turbine fields. It is versitile and can be utilized by individual home owners, farmers, commercial business, or communities or municipalities with less loss of energy. Win Fin is unique in that it is silent, aesthetically pleasing, portable, energy efficient, environmentally friendly, and does not interfere with natural ecosystems. WinFin is expandable and stackable to meet increasing needs, but as a ground based system is more affordable to the average consumer. Initial testing of the prototype confirms that the airfoil speed of the WinFin operates up to seven times the velocity of wind. By mounting the blades vertically rather than horizontally, the entire surface area of the airfoil blade is positioned to increase the power of the turbine. Dr. Donald E. Anderson, primary inventor of the WinFin, created and patented the 114 million dollar "Acre of Mirrors" (Power Tower) in 1978 for Pres. Carter. He has been significantly involved in multiple Apollo missions. He developed the Mid-American Solar Energy Complex during the Carter Administration.
| $5,000 for Residential sized turbine and inverter | Seeking: Purchase, Investment, Distribution, Manufacturing/R&D |
|
* Consumption sales forecast. Does not include "Random" events or "Inventory Fill". Forecast is for Year 1 for Large or Year 2 for Small Companies.
Forecast should be read as ..."With Low marketing support there is an 80% odds of achieving sales of at least... |
| Listing #: USA.76.082309.001 |
Page 1 of 5 |
Date Posted: 2009-11-06 |
|
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Report Assumptions and Inventor(s) Commentary
|
|
| Inventor(s) Assumptions |
"Most Likely"
Estimate |
Confidence |
Inventor(s) Commentary
Data Source or Basis for Assumptions |
| # of Possible Final Decision Makers |
220,479 |
40% |
U.S. President Obama has signed orders to pledge 20 percent of energy to be derived from Wind Sytems by 2020. U.S. Census Bureau shows United States had 2,204,792 farms in 2007
|
| Revenue per First Purchase |
$12,000.00 |
40% |
Av.Cost spent based on projected cost of WinFins. Estimated purchases based on US Census projected number of farms in 2007. |
| % that will Repeat |
N/A |
N/A |
|
| Number of Annual Repeats |
N/A |
N/A |
|
| Revenue per Repeat Purchase |
N/A |
N/A |
|
| Reseller (Trade) Margin |
N/A |
N/A |
|
| Producer Profit (EBITD) |
20% |
30% |
Experience from owning and or managing related green energy companies over the past 40 years. |
| |
| Innovation Status |
|
Development
Status |
2 of 5
Successful Prototypes
|
Prototype confirms theory that adjustable airfoils travel several times the speed of wind and remote adjustment needs to be added so as to maximize efficiency in all wind all load |
| Cost to First Sale (remaining) |
$1M-$10M |
40% |
Based on cost of prototype ($25K) to include R and D. and experience in owning related green energy companies. |
| Time to First Sale (remaining) |
6 mos-1 yr |
30% |
Gantt charts completed by consortium member with WinFin Inc for $6,450,000 pplication in 09/2009 identified timelines for startup and manufacturing dates. |
| Confidence in Concept Claims made in description |
50% |
Dr. Donald E. Anderson has numerous successful patents including the DOE's 114 Million Dollar Solar I Collector and been instrumental in assisting NASA with many Apollo Missions. |
Proprietary
Protection Status |
2 of 5
Patent Pending
|
We have electronic acknowledgement receipt for EFS ID number 5768177 and it is for a utility patent application 12509236 date July 24,2009 time stamped 17:44:51 |
| Concept Score & Diagnostics |
|
|
| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
 |
|
|
| Reason to Believe |
|
|
|
| Dramatic Difference |
|
 |
|
|
| Listing #: USA.76.082309.001 |
Page 2 of 5 |
Date Posted: 2009-11-06 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Inventor Commentary & Alternative Development Scenarios
|
|
| Inventor(s) Sales Goals |
| Minimum Goal |
$5 M |
Current GOAL |
$125 M |
WinFin Prototype Test Unit #1 - Confirms: Wind Energy can be harvested at a rate several times the velocity of wind |
Inventor(s) Commentary:
Received special recognition award from NASA Administrator for my engineering assistance that aided NASA's Apollo Missions. Initially selected to be Director of Solar Energy Research Center in MN until source evaluation committee overruled, another Director named instead in CO. Directed Mid-American Solar Energy Complex, MASEC. Inventor of the Power Tower, the smartRwindow with R-19 value. Highest GPA, Univ. of MN Institute of Tech, later EE Professor. WinFin uniquely captures/stores/uses energy |
|
CURRENT SALES FORECAST |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$3 |
$260,000 |
$2.8 M |
| Low Support |
$3.3 M |
$12.0 M |
$32.1 M |
| Medium Support |
$28.1 M |
$89.5 M |
$203.6 M |
| High Support |
$74.7 M |
$239.2 M |
$541.0 M |
| Ultra High |
$144.6 M |
$459.6 M |
$1.0 B |
If MARKETING CONCEPT Improved (Increase Concept Score by +20 Points) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$5 |
$390,000 |
$4.4 M |
| Low Support |
$4.9 M |
$18.1 M |
$48.0 M |
| Medium Support |
$42.8 M |
$137.3 M |
$306.5 M |
| High Support |
$114.9 M |
$365.7 M |
$811.1 M |
| Ultra High |
$215.8 M |
$699.4 M |
$1.5 B |
If MARKETING CONCEPT and PRODUCT/SERVICE Improved (Increase Concept +20 Points, Repeat Rate & Number of repeats by 30% and Revenue per purchase 20%) |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$5 |
$400,000 |
$4.4 M |
| Low Support |
$5.0 M |
$18.2 M |
$47.8 M |
| Medium Support |
$42.6 M |
$136.6 M |
$304.1 M |
| High Support |
$115.2 M |
$366.7 M |
$810.7 M |
| Ultra High |
$218.5 M |
$696.5 M |
$1.5 B |
|
| Listing #: USA.76.082309.001 |
Page 3 of 5 |
Date Posted: 2009-11-06 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Details
|
|
| Fair Market Royalty (%) |
| |
Conservative - 80% Odds
Royalty Percentage |
Most Likely - 50% Odds
Royalty Percentage |
Aggressive - 20% Odds
Royalty Percentage |
| At CURRENT State & Status |
1.9% |
2.8% |
3.8% |
Sales & Marketing
Support Level |
Annual Inventor Royalty Revenue |
3 Year Value
to Inventor
If 50% Odds |
| 80% Odds |
50% Odds |
20% Odds |
| Ultra Low Support |
$9,400 |
$25,000 |
$50,000 |
$76,000 |
| Low Support |
$150,000 |
$370,000 |
$710,000 |
$1.1 M |
| Medium Support |
$1.1 M |
$2.6 M |
$4.6 M |
$7.8 M |
| High Support |
$3.0 M |
$6.9 M |
$12.4 M |
$20.8 M |
| Ultra High Support |
$5.5 M |
$13.1 M |
$23.8 M |
$39.4 M |
| Sales & Marketing Support Level Assumptions |
| Sales & Marketing Support Level Assumptions |
Sample Numbers |
% Aware x
% Distribution
(Aware & Able) |
Inventor
Confidence |
| % Distribution |
% Awareness |
| Ultra Low Support (Word of Mouth) |
5% |
3% |
0.2% |
N/A |
| Low Support (Small Company) |
20% |
10% |
2% |
N/A |
| Medium Support (Medium Sized Company) |
50% |
25% |
13% |
N/A |
| High Support (Large Company) |
75% |
45% |
34% |
N/A |
| Ultra High Support (Mega or Niche) |
90% |
70% |
63% |
N/A |
|
Graph of EQUIVALENT (Awareness x Distribution) Combinations
 |
NAICS Industry Codes
For This Invention |
| 33531 - Electrical Equipment Manufacturing |
| |
| |
| |
| |
|
| Patent Numbers that apply to this Product/Service |
| 5768177 |
| |
| |
| |
| |
|
| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
50 |
| GRANTED Patents |
15 |
| Licensing Deals SIGNED |
20 |
| Innovations that have SHIPPED |
5 |
|
For USA Patents: Utility Patent = 7 digit number, Design Patent starts with D, Planet Patent starts with PP. Provisional Application "61/xxx,xxx", Non provisional application "12/xxx,xxx", Design patent application "29/xxx,xxx"
|
|
CAUTION: This Merwyn Business Simulation Research Report includes no warranty or guarantee. Results and opinions should be considered rough and directional in nature. This is because the report is based upon inventor-supplied data and simplified modeling methods. If you are looking to invest, distribute, purchase or become involved with this innovation, in any way, we strongly urge you to validate the inventor data and sales forecasts BEFORE committing yourself or your resources. Merwyn Research, Inc. shall not be responsible for any liability or damages arising out of the failure to perform such investigation and validation. Changes in the concept description, product, pricing, or input assumptions will almost certainly change results.
|
| Listing #: USA.76.082309.001 |
Page 4 of 5 |
Date Posted: 2009-11-06 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Forecasts for Other Countries
|
|
 Annual Sales - Probability Forecast - Canada |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$0 |
$41,000 |
$450,000 |
| Low Support |
$520,000 |
$1.9 M |
$5.1 M |
| Medium Support |
$4.4 M |
$14.2 M |
$32.3 M |
| High Support |
$11.8 M |
$37.9 M |
$85.8 M |
| Ultra High |
$22.9 M |
$72.9 M |
$163.3 M |
 Annual Sales - Probability Forecast - United Kingdom |
Sales & Marketing
Support Level |
Conservative
80% odds
of selling |
Most Likely
50% odds
of selling |
Aggressive
20% odds
of selling |
| Ultra Low |
$1 |
$73,000 |
$800,000 |
| Low Support |
$920,000 |
$3.4 M |
$9.0 M |
| Medium Support |
$7.9 M |
$25.2 M |
$57.3 M |
| High Support |
$21.0 M |
$67.3 M |
$152.1 M |
| Ultra High |
$40.7 M |
$129.3 M |
$289.7 M |
Forecast are calculated based on population, (PPP) purchasing power parity, International Trade, Urbanization and the Human Growth Index.
Forecast can be skewed for some industries, so for best results, adjusting the number of final decision makers for every country is recommended.
| Listing #: USA.76.082309.001 |
Page 5 of 5 |
Date Posted: 2009-11-06 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
