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Constant Power, Wide Angle, Universal Mechanical Joint (ID 53722) Constant power delivering mechanical joint for construction equipment and hydraulic systems There are currently no reviews for this Innovation.
| Constant Power, Wide Angle, Universal Mechanical Joint (ID 53722)
Constant power delivering mechanical joint for construction equipment and hydraulic systems |
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A new mechanical joint that enables constant power at wide angles generating versatile and extensive uses without jeopardizing power. |
 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 |
$0 |
$3,600 |
$25,000 |
2 of 5
Successful Prototypes
|
1 of 5
Potential for Protection
|
40 29 is
Average
|
| Low Support |
$45,000 |
$120,000 |
$260,000 |
| Medium Support |
$410,000 |
$860,000 |
$1.6 M |
| High Support |
$1.1 M |
$2.4 M |
$4.3 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$2.1 M |
$4.4 M |
$8.0 M |
Unknown
|
Unknown
|
Constant Power, Wide Angle, Universal Mechanical Joint (ID 53722)
- Constant power delivering mechanical joint for construction equipment and hydraulic systems
Final Decision Maker: Crane Manufacturers and Hydraulic system manufacturers
Introducing the Constant Power, Wide Angle, Universal Mechanical Joint (CPWA Mechanical Joint), a new mechanical joint that enables constant power at wide angles generating versatile and extensive uses without jeopardizing power. Typical mechanical joints limit rotation, movement, and torque, but these limitations are erased with the CPWA Mechanical Joint. The universal joint is a multi-axis joint with epicyclic gearing, which means at least one wheel axis itself revolves about another fixed axis. Durability and power are not only preserved but increased through the designs' unique rotation. It provides continuous, effective, and efficient power delivery at all angles of operation, regardless of any movement. The invention allows continuous and constant power distribution from a source to an axle across a wider angle, whereas competing products on the market do not accomplish this type of power distribution. The proposed device allows a designer to mount a driven item to a power supply, without regard to the alignment between the power supply and the driven item, using a combination of CPWA Mechanical Joints. These universal joints can be used to replace hydraulic systems by routing the power from the prime mover to the winch using CPWA Mechanical Joints and drive shafts. Replacing hydraulic pistons eliminates the potential for hydraulic leaks. Another application could be in the transportation or construction industry for development and use in improved cranes. The universal joint would allow re-positioning of the crane power source for improved loading capabilities. This concept has been modeled using advanced modeling software. A first stage working model has been built and is available for illustration of the concept.
| $400 for One universal mechanical joint | Seeking: Research, Purchase, Investment, Distribution, Manufacturing/R&D |
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* 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.76.051710.001 |
Page 1 of 4 |
Date Posted: 2010-05-17 |
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| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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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 |
1,200 |
30% |
According to the U.S. Census Bureau there are approximately 1200 crane and construction equipment manufacturing companies and 300 hydraulic companies in the U.S.
|
| Revenue per First Purchase |
$400.00 |
30% |
Estimating that most buyers will purchase one unit for testing and modeling purposes. |
| % that will Repeat |
80% |
30% |
Most companies that purchase a joint for testing have likely already given serious thought to using these joints in all new products and will intend to purchase more. |
| Number of Annual Repeats |
11 |
30% |
Estimating that most buyers will be manufacturers who will repurchase supplies on a monthly basis. |
| Revenue per Repeat Purchase |
$8,000.00 |
30% |
Estimating that most manufacturers will require around 20 units per month for use in new cranes or hydraulic systems in vehicles. |
| Reseller (Trade) Margin |
45% |
30% |
Based on the average profit margins seen by resellers in the industrial parts industry |
| Producer Profit (EBITD) |
10% |
30% |
Based on the average net profit margins seen by companies in similar industries. |
| |
| Innovation Status |
|
Development
Status |
2 of 5
Successful Prototypes
|
Concept has been modeled using advanced modeling software. First stage working model has been built and is available for illustration of concept. |
| Cost to First Sale (remaining) |
Unknown |
60% |
Costs from today to first sale are currently unavailable. |
| Time to First Sale (remaining) |
Unknown |
60% |
Time to first sale is currently unknown. |
| Confidence in Concept Claims made in description |
50% |
Concept has been modeled using advanced modeling software. First stage working model has been built and tested. |
Proprietary
Protection Status |
1 of 5
Potential for Protection
|
Technology has unique characteristics that would enable it to be patented. |
| 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.76.051710.001 |
Page 2 of 4 |
Date Posted: 2010-05-17 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Inventor Commentary & Alternative Development Scenarios
|
|
| Inventor(s) Sales Goals |
| Minimum Goal |
$- |
Current GOAL |
$- |
Constant power, wide angle, universal mechanical joint |
Inventor(s) Commentary:
NOTE: This innovation is represented by www.yet2.com and was input by the Planet Eureka! Team who is solely responsible for its content. All cost and pricing information was estimated by the Planet Eureka! Team. To access more complete information simply click on “Link to Website With More Complete Info” or on “Email Inventor(s)” on the bottom of page 1 of this report. |
|
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 |
$0 |
$3,600 |
$25,000 |
| Low Support |
$45,000 |
$120,000 |
$260,000 |
| Medium Support |
$410,000 |
$860,000 |
$1.6 M |
| High Support |
$1.1 M |
$2.4 M |
$4.3 M |
| Ultra High |
$2.1 M |
$4.4 M |
$8.0 M |
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 |
$0 |
$5,400 |
$39,000 |
| Low Support |
$70,000 |
$190,000 |
$400,000 |
| Medium Support |
$630,000 |
$1.3 M |
$2.4 M |
| High Support |
$1.8 M |
$3.6 M |
$6.3 M |
| Ultra High |
$3.2 M |
$6.7 M |
$11.9 M |
If PRODUCT/SERVICE Improved (Increase 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 |
$0 |
$7,000 |
$52,000 |
| Low Support |
$90,000 |
$240,000 |
$520,000 |
| Medium Support |
$820,000 |
$1.7 M |
$3.2 M |
| High Support |
$2.3 M |
$4.9 M |
$8.7 M |
| Ultra High |
$4.2 M |
$8.9 M |
$16.2 M |
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 |
$0 |
$11,000 |
$79,000 |
| Low Support |
$130,000 |
$370,000 |
$800,000 |
| Medium Support |
$1.3 M |
$2.7 M |
$4.8 M |
| High Support |
$3.5 M |
$7.4 M |
$13.0 M |
| Ultra High |
$6.8 M |
$13.7 M |
$23.9 M |
|
| Listing #: USA.76.051710.001 |
Page 3 of 4 |
Date Posted: 2010-05-17 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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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 |
0.9% |
1.2% |
1.6% |
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 |
$22 |
$60 |
$120 |
$180 |
| Low Support |
$380 |
$830 |
$1,500 |
$2,500 |
| Medium Support |
$2,700 |
$5,500 |
$9,200 |
$17,000 |
| High Support |
$7,500 |
$15,000 |
$25,000 |
$45,000 |
| Ultra High Support |
$14,000 |
$28,000 |
$47,000 |
$85,000 |
| 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 |
| 33361 - Engine, Turbine, and Power Transmission Equipment... |
| 33635 - Motor Vehicle Transmission and Power Train Parts ... |
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| Patent Numbers that apply to this Product/Service |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
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| GRANTED Patents |
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| Licensing Deals SIGNED |
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| Innovations that have SHIPPED |
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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"
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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.
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| Listing #: USA.76.051710.001 |
Page 4 of 4 |
Date Posted: 2010-05-17 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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