A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $15M eventually.
Over the last 5 years, Jacques Souquet and ERC have engineered a game-changing scalable wind energy technology.
In 2022, we decided to add the resources and skills of Universal Engineering Services to the team and create Multiturbine Inc., to efficiently develop and exploit our technology.
We have 6+ inventions disclosure in process to protect the IP of all the aspects of our technology, our main patent is licensed from our CTO Jacques Souquet.
We believe MultiTurbine will disrupt the $100B wind energy industry in the same way SpaceX or Tesla disrupted their domain.
Large wind turbines are more and more difficult to manufacture and transport, investments increase exponentially.
Our patented technology overcomes all these challenges while drastically reducing costs, supply chain and logistic problems, quantity of sourced material and environmental footprint.
Our Team of experienced wind energy and industry experts, in partnership with UES and other industry leaders, is well-posed to leverage the strong rise of the wind energy market.
With their very long and heavy parts, up to 120m blades and 800T nacelles, conventional large wind turbines are prohibitively costly to manufacture, test, transport and maintain.
They require expensive factories built at the quay to allow transport by sea, on specific boats, and struggle with high supply chain inflation.
They also present a lot of challenges for transport, installation and maintenance, due to the fact that they require expensive and scarce dedicated vessels or cranes for operations (source).
MultiTurbine uses 15x smaller and 2000x lighter elements, 90% cheaper to produce using efficient automotive manufacturing techniques.
This results in drastically easier and cheaper transport anywhere in the world via standard 40 feet containers.
Moreover, MultiTurbine system has unique capabilities for automated installation and maintenance thanks to our exclusive drone technology, remotely operated by only 2 persons.
**Computer rendering. Product is still currently under development. Patent pending.
One huge advantage of this unique feature is that our technology is by design compliant with the US Jones Act and does not require the very scarce and expensive giant vessels or cranes.
Utilizing an array of turbines, which can be scaled to any size and self-align with wind (offshore version), MultiTurbine technology requires much less investments than single rotor equivalent turbines (source).
Our modular technology uses the same Ø15m - 65kW individual turbine from 0.5MW up to 25MW systems. This drastically reduces the investment and time required to move from one MultiTurbine model to another.
Unlike conventional turbine, MultiTurbine is resilient by design, it continues to produce energy even with several turbines down, resulting in flexible maintenance planning and higher revenues.
One reason of the increasing challenges of traditional single rotor turbines is the well-known engineering principle (source) that, due to the square-cube law, bigger turbines become inherently heavier in tonne/MW hence more expensive in $/MW.
With this in mind, we have created a revolutionary multi-turbine system, which offer numerous advantages over conventional turbine technology.
MultiTurbine breaks the trend of conventional Wind Industry with notably:
*LCoE = Levelized Cost Of Energy CapEx = Capital Expenditure OpEx = Operational Expenditure
In recent years the $100 billion global wind market has been growing steadily, particularly in the United States where expansion of the market is further supported by new clean energy legislation and by the Inflation Reduction Act.
Trend reports indicate an increasing demand, particularly for offshore wind farms in order to access deep-sea sites where high wind conditions are especially favorable (source).
MultiTurbine has focused on executing a strategic roadmap, starting with research, development, design & laboratory tests.
MultiTurbine has also established partnerships with leader companies in relevant domains.
Following the completion of 2 campaigns of basin tests of a scale model of 6MW floating platform (video):
as well as computational simulations and engineering of the elements of the system,
MultiTurbine is now ready to build its first commercial unit and test it in the US territory.
With your investment we aim to build our first commercial unit, to demonstrate performances and start generating revenues by end of 2024 (not guaranteed). We need to raise a total of $4M to be able to construct the first commercial unit.
During this period we will expand patents and engineering, build industrial and commercial partnerships, expand the company, promote our technology and prepare next fundraising round.
Next steps we will develop and commercialize bigger onshore and offshore machines, all of them using the same wind turbine developed initially.
MultiTurbine requires 50 times less up-front investments than conventional wind industry, and a main part of our plan is to build or expand specific manufacturing facilities in the US.
This strategy is strongly supported by the Inflation Reduction Act, as well as by production loans and incentives from the Department Of Energy (IRA - DOE).
Because the climate and energy crisis are the main driving forces in the energy transition, the demand for clean energy has never been greater.
This is a giant opportunity, especially with the urgency to limit global warming to 1.5C°.
Wind power plays major role in the energy transition and the move towards a decarbonized society, for which Wood Mackenzie projects a global annual investment of $2.7 trillion through 2050 (source).
MultiTurbine is a perfect match to benefit of these coming investments and of new clean energy incentives in the United States and in European Union.
Capitalizing on 5 years of engineering and tests, with our decades-long experience, we do believe that our disruptive technology coupled with the increasing demand for clean energy is going to drive healthy growth and revenues.
Our conservative aim is to capture 8% of the US market and 5% of the +$100 billion world market.
Thanks for studying MultiTurbine's value proposition.
If you have reached this point, you might be seriously considering an investment. Investing in a startup like MultiTurbine is high-risk/high-reward.
In order to succeed, MultiTurbine must become a large and successful enterprise, so if you are ready to take the risk, no matter how small your investment, it will enable MultiTurbine's mission to build a cleaner and safer future for our planet. Buckle-up and join the ride !