{"data":{"type":"company_profile","id":134763,"entity_id":"wefunder:company:134763","attributes":{"canonical_url":"https://wefunder.com/multiturbineold","generated_at":"2026-06-08T02:55:19Z","updated_at":"2026-06-07T23:53:49Z","entity_ids":{"company":"wefunder:company:134763","slug":"wefunder:company_slug:multiturbineold"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-08T02:55:19Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-07T23:53:49Z","as_of":"2026-06-08T02:55:19Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-07T23:53:49Z","as_of":"2026-06-08T02:55:19Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-06-04T14:03:37Z","as_of":"2026-06-08T02:55:19Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-06-04T14:03:37Z","as_of":"2026-06-08T02:55:19Z","confidence":"medium"}}},"company":{"id":134763,"entity_id":"wefunder:company:134763","slug":"multiturbineold","name":"MultiTurbine Inc.","tagline":"Making America Independent in Wind Power!","story":"Over the past 5 years, MultiTurbine has engineered advanced 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.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 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.CHANGING THE PARADIGM OF THE WIND ENERGY INDUSTRYWith 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).This results in drastically easier and cheaper transport anywhere in the world via standard 40 feet containers. **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.We solve a conceptual problem that hinders the development of Wind PowerMultiTurbine breaks the trend of conventional Wind Industry with notably:+200% ROI / +50% profits15x smaller, 2000x lighter, 90% cheaper components90% reduction of qty of material and environmental footprint95% reduction of sourcing problems95% reduction of investments90% reduction of maintenance costs*LCoE = Levelized Cost Of Energy CapEx = Capital Expenditure OpEx = Operational ExpenditureTHE MARKET \u0026amp; OUR TRACTIONIn recent years the roughly $80 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 \u0026amp; laboratory tests.Following the completion of 2 campaigns of basin tests of a scale model of 6MW floating platform (video): MultiTurbine is now ready to build its first commercial unit and test it in the US territory. We have 6+ inventions disclosure in process to protect the IP of all the aspects of our technology.OUR ROADMAPWith 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).WHY INVESTYour Investment helps to mitigate climate change ! 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°.And climate changes not only threatens life essential but also has a direct monitory laws, as illustrate graphically belowWind 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\u0026nbsp;new clean energy incentives in the United States and in\u0026nbsp;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 +$100 billion world market.Thanks for studying MultiTurbine's value proposition.If you have reached this point, you might be seriously considering an investment.\u0026nbsp;Investing in a startup like MultiTurbine is high-risk/high-reward. In order to succeed, MultiTurbine must become a large and successful enterprise, so if you are ready to take the risk, no matter how small your investment, it will enable MultiTurbine's mission to build a cleaner and safer future for our planet. Buckle-up and join the ride !Join us today to build a brighter and cleaner future !","location":"Minneapolis, MN","website":"https://www.multiturbine.com","total_amount_raised":0,"total_investors":0,"is_funded":false,"is_active":false,"quality_score":3,"related_urls":["https://wefunder.com/multiturbineold","https://www.multiturbine.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/custom_card_photo/134763/xxl_Multiturbine_explore_card_photo_1696436726081.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/134763/large_blob","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/134763/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/custom_card_photo/134763/large_Multiturbine_explore_card_photo_1696436726081.jpg"},"links":{"company_url":"https://www.multiturbine.com","linkedin_url":"https://linkedin.com/company/multiturbine/","facebook_url":"https://facebook.com/multiturbine/","instagram_url":"https://instagram.com/Multiturbine/","youtube_url":"https://youtube.com/@multiturbine","tiktok_url":"https://tiktok.com/@multiturbine"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Technology ready to overhaul the US Wind Power market starting 2025! No years of expensive R\u0026amp;D"},{"index":2,"claim_id":"claim-fact-2","value":"The only US origin Wind Turbine brand other than GE"},{"index":3,"claim_id":"claim-fact-3","value":"Low monthly burn rate – 1$/month C-suite/founding team"},{"index":4,"claim_id":"claim-fact-4","value":"Aiming for a blockbuster IPO in 2027! Investors may cash out their investments"},{"index":5,"claim_id":"claim-fact-5","value":"Perfectly positioned to tap into the $891B Inflation Reduction Act of 2022"},{"index":6,"claim_id":"claim-fact-6","value":"Has the potential to turn US into a global Wind Power house ✌"}],"team":[{"id":3478904,"entity_id":"wefunder:company_role:3478904","user_entity_id":"wefunder:user:4173160","role":"founder","name":"Matthew Michel","title":"Founder \u0026 CTO","bio":"25 years in Crane-Design, incl. 7 in Wind-Turbine Structures. Matt is responsible for integrating all functions of MultiTurbine(s).","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3478904/square_blob.jpg?1716726713","profile_url":"https://wefunder.com/matthew.michel.1","linkedin_url":"https://linkedin.com/in/matt-michel-1490127/","related_urls":["https://wefunder.com/matthew.michel.1"]},{"id":5047798,"entity_id":"wefunder:company_role:5047798","role":"employee","name":"Arif Mirza","title":"CEO \u0026 CFO","bio":"35 years of Industrial \u0026amp; Commercial experience Including setting up production lines. Arif is responsible for business development.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5047798/square_blob.jpg?1716726713","related_urls":[]},{"id":5047797,"entity_id":"wefunder:company_role:5047797","role":"employee","name":"Sage Seifert","title":"Engineering Manager","bio":"20 years of experience in supervising \u0026amp; managing engineering teams. Sage is responsible for managing Structure- design team.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5047797/square_blob.jpg?1716726713","related_urls":[]},{"id":5047805,"entity_id":"wefunder:company_role:5047805","role":"employee","name":"Structural \u0026 Offshore Engineering","title":"Team Members","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5047805/square_blob.jpg?1716727333","related_urls":[]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":15,"featured_investors":0,"faq_entries":4},"active_fundraises":[{"id":84684,"entity_id":"wefunder:fundraise:84684","state":"open","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":1235000.0,"minimum_target":"200000.0","maximum_target":"1235000.0","funding_started_at":"2023-03-29T08:01:05Z"}],"latest_fundraise":{"id":84684,"entity_id":"wefunder:fundraise:84684","state":"open","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":true,"funding_started_at":"2023-03-29T08:01:05Z","funding_closed_at":null,"terms":{"eb":"$15M","nb":"$16.667M","txt":"valuation cap"}},"recent_posts":[],"q_and_a":[{"id":298691,"entity_id":"wefunder:comment:298691","question":"Are you still planning to raise money via crowdfunding??? It's been well over a year since you took reservations!","author_name":"Thomas Mueller","votes":4,"created_at":"2024-12-22T04:42:14Z","canonical_url":"https://wefunder.com/multiturbineold#question-298691","answers":[]},{"id":297583,"entity_id":"wefunder:comment:297583","question":"Hi, It seems that this fundraiser opened about a year ago, when I assume you posted on the Overview page, \"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.\" Unfortunately, it doesn't seem to be going so well so far. Does the campaign have a legal deadline, and if so, what is it? What are your plans for this going forward?","author_name":"Josh S.","votes":3,"created_at":"2024-12-06T17:38:16Z","canonical_url":"https://wefunder.com/multiturbineold#question-297583","answers":[]},{"id":295889,"entity_id":"wefunder:comment:295889","question":"I noticed that there haven't been any updates in over a year. Is this still an active effort?","author_name":"Robert Macias","votes":3,"created_at":"2024-11-08T15:22:33Z","canonical_url":"https://wefunder.com/multiturbineold#question-295889","answers":[]},{"id":263674,"entity_id":"wefunder:comment:263674","question":"A few: 1) The video indicates that the orientation of the array can adapt to wind direction (very important), but it's unclear how. 2) You throw out stuff about a \"square cube law\" but what I really expected are two plots: for a given wind speed i) Power vs. size: How many watts do you estimate one of your arrays can produce compared to the large windmills if your array had the same cross-sectional area as the big one, for various diameters. [Part of this calculation is a model for wind speed vs. height above the surface. The big ones can get to much higher wind speeds up so high. You can't pretend that's not an issue.] and ii) Power vs. cost: your solution presumably has a base cost + a cost proportional to the size of the array, but what does the resulting curve look like? And how does your aggressively positive estimate compare to the P vs. $ for the large turbines? These are the key factors that will determine your success in the market, IMO. 3) One of the biggest challenges for large turbines over water are the many complaints about \"sullying the view.\" My very first impression from your video presentation is that these arrays nearly disappear at a distance. Seems like you should play that up or at least mention it.","author_name":"Peter Magill","votes":3,"created_at":"2023-09-29T01:32:37Z","canonical_url":"https://wefunder.com/multiturbineold#question-263674","answers":[{"id":263767,"entity_id":"wefunder:comment:263767","answer":"Hi Peter, thanks for your interest with our technology. If you haven't already done so, I suggest you download the 3 documents at the bottom of our main page, they might answer some of your questions. 1) For the offshore application, the platform has a turret at the point opposite the turbines. Then wind drag forces the platform to self align with wind (the turret is connected to sea bed by the mooring system). It is a proven design. Onshore machines feature a classic active yawing system. 2) (many questions here, not easy to reply shortly) 2.1 On our 16MW platform model, the 250 turbines with 15m diameter have the same total swept area than a single rotor of diameter 237m, and a an equivalent total nominal power of 16MW at about 12 m/s wind speed. Efficiency of modern 15m turbine is about the same as much bigger turbine. 2.2 The turbines at the top are at about the same height as the blade tip of a 16MW turbine. When wind is above nominal power speed, they pitch to control overspeed and maintain nominal power. Because they are small they are not affected by wind shear constraints, unlike for large wind turbines. 2.3 Due to square /cube law, build with same technology a 1MW turbine weighs 10 times more than 100 turbines with same total swept area and 10kw power (mass ratio is equal to the square root of 100). More about this at page 4 of LCOE_comparison_MultiTurbine_vs_conventional_Turbine_V1.2.pdf. (cost comparison basis in page 1 too) This 1 :10 to 1 :15 reduction in qty of steel-aluminum-copper-magnets-fiberglass etc is the first reason of our cost reduction. The second reason is that manufacturing processes for 7m length or 600kg mass are much less expensive than for 120m blades (60T) or 400 T generators, and can be automated. Third reason is transport which can be done into std 40’ containers by ground or by sea for our design, but necessitate scarce – special – costly means for large wind turbines. 2.4 the “Jones Act” involve to use US owned ship to carry goods from US port to US port. At the moment there are no such large crane vessel necessary to install large offshore wind turbine in US. One is in project, but it is a $500M budget. Our technology can be installed with much smaller and already available tugboat. 3) You are right our technology will be less visible at some distance, we will think to mention that, thanks. Another advantage our turbines are small and turn faster, our system will not create the “flickering shadow effect” due to large blades spinning at 10 rpm. Note that our technology is competitive for both Offshore and Onshore markets. I hope this reply to your questions but do not hesitate if some points remain unclear. Our claims are in no way marketing exaggerations and are supported by factual arguments and engineering work. For intellectual property reasons, in some cases we cannot give all the details, but we do our best to substantiate our claims with verifiable arguments.","author_name":"Jacques Souquet","votes":3,"created_at":"2023-09-30T08:09:02Z"},{"id":263951,"entity_id":"wefunder:comment:263951","answer":"***","author_name":"Jacques Souquet","votes":0,"created_at":"2023-10-03T13:14:39Z"}]},{"id":283877,"entity_id":"wefunder:comment:283877","question":"Is there a current deadline for this round? This is a very important technology with extremely high potential but timing is critical for me. It is very upsetting to see the magnitude of investment in truly frivolous startups vs. a truly important and hi-potential one like this. I also second Peter Magill's suggestion to emphasize the lower visual footprint.","author_name":"Brian Smolens","votes":1,"created_at":"2024-05-20T02:23:10Z","canonical_url":"https://wefunder.com/multiturbineold#question-283877","answers":[]},{"id":334580,"entity_id":"wefunder:comment:334580","question":"Are you still planning to ever do an actual raise??? It's ridiculous to be testing the water for 2.5 years. Hopefully the SEC will ban crap like this in the future.","author_name":"Thomas Mueller","votes":0,"created_at":"2026-05-30T17:21:58Z","canonical_url":"https://wefunder.com/multiturbineold#question-334580","answers":[]},{"id":319157,"entity_id":"wefunder:comment:319157","question":"Hi Jacques, Would you please supply us with a current status update on patent progress and other essential information, including finances? Thanks so much. Blessings","author_name":"W Kim Colich","votes":0,"created_at":"2025-11-08T22:14:35Z","canonical_url":"https://wefunder.com/multiturbineold#question-319157","answers":[]},{"id":309329,"entity_id":"wefunder:comment:309329","question":"최고 등급의 카지노 사이트를 통해 최고의 온라인 카지노 경험을 발견해보세요. 다양한 온라인 슬롯과 카지노 게임을 즐겨보세요. 지금 가입하여 흥미로운 보너스와 프로모션을 받아보세요! https://shorturl.at/zlsG2 카지노 사이트 https://xn--bb0bo0gz8cfzm9zonug.net","author_name":"Casino Site","votes":0,"created_at":"2025-06-07T07:30:57Z","canonical_url":"https://wefunder.com/multiturbineold#question-309329","answers":[]},{"id":308515,"entity_id":"wefunder:comment:308515","question":"1. I gather that the above-water part of your system is floating and below water is moored to the seabed. Will that prevent the entire thing being overturned in a heavy windstorm? Has that scenario been at least computer simulated? 2. In one place you write, \"Product is still currently under development,\" but in another, \"Patent pending Technology ready to overhaul the US Wind Power market starting 2025! No years of expensive R\u0026amp;D.\" So you are still in the \"\u0026amp;D\" or is the first statement outdated? 3. You write, \"Our conservative aim is to capture 8% of the US market and 5% of the +$100 billion world market.\" Do you have any timeframe for reaching that? According to the chart you post, that would come to, if you are successful, a total of $10B in 2030 from the two markets. Is that correct? 4. Is this a continuation of an ongoing campaign opened in 2023 (as referred to in the Pitch Video - which, don't you think, you should update - and when the first question in Ask a Question is dated), or was that one closed and a new one opened? Furthermore, a question dated Nov. 8 2023 speaks of a $32/27.2M, but the valuation today is $16.67/15. Other startups have lowered their valuations due to market conditions, but yours is the first one I have heard of to do so in the middle of a campaign, if that is the case, or as suggested, is this a new campaign? 5. You write, \"We need to raise a total of $4M to be able to construct the first commercial unit.\" Have you raised anything else besides the $83K appearing on Wefunder? 6. How much was benefiting from the IRA built into your plans and how has/will the legislation rollback under this administration impacted your progress and plans?","author_name":"Josh S.","votes":0,"created_at":"2025-05-23T18:06:58Z","canonical_url":"https://wefunder.com/multiturbineold#question-308515","answers":[]},{"id":301447,"entity_id":"wefunder:comment:301447","question":"How do you approach the aero-elastic calculations and the load analysis required for a certification of your system?","author_name":"Loïc Bastard","votes":0,"created_at":"2025-02-03T03:54:28Z","canonical_url":"https://wefunder.com/multiturbineold#question-301447","answers":[]},{"id":282944,"entity_id":"wefunder:comment:282944","question":"Hi, how do wind turbines work in residential areas? Shouldn't city life be included since wind is everywhere? Or am I misunderstanding the concept of multiturbine use? I am very interested, and I think I need to understand more.","author_name":"Mercile Pierce","votes":0,"created_at":"2024-05-03T13:05:54Z","canonical_url":"https://wefunder.com/multiturbineold#question-282944","answers":[]},{"id":281422,"entity_id":"wefunder:comment:281422","question":"This idea looks great to me. Would your system work with vertical turbines?","author_name":"Steve H","votes":0,"created_at":"2024-04-14T18:02:01Z","canonical_url":"https://wefunder.com/multiturbineold#question-281422","answers":[]},{"id":273332,"entity_id":"wefunder:comment:273332","question":"1. The idea of multi turbines seems to be old (according Innwind EU). I'm curious if there's been previous academic or commercial research on this topic. Since the bottleneck is the size of turbines, and along with it the cost, why are we looking at multi-turbines only at the third decade of the twenty-first century? 2. Are there any relations between Multiturbine, Inc. and KKR IP LLC?","author_name":"Damodar Dahal","votes":0,"created_at":"2024-01-07T20:28:21Z","canonical_url":"https://wefunder.com/multiturbineold#question-273332","answers":[{"id":273742,"entity_id":"wefunder:comment:273742","answer":"Hi Damodar Dahal, thanks for your interest into our project and technology. You are right the multi-rotors idea is very old. Old, established industries are generally very conservative, and for very good reasons: - proprietary markets - patents - existing \u0026amp; specific production tool - specifically skilled and efficient R\u0026amp;D departments - specific supply chain etc… Wind turbine industry is not an exception, they are highly specialized to well design – manufacture – transport – install hundred tons and hundred meters length parts in low volume. As long as raw materials were cheap and the environmental footprint was not an issue, their “bigger is better” strategy was acceptable, but we are now clearly at the end of that era, large wind turbines request too much material and energy to be sustainable The car industry has had the same problem with the electric car, even though an electric motor is much less complicated and expensive to develop than a V8, for two decades they have been reluctant to move towards electric cars. Until Tesla demonstrated that it was possible. This is the reason why we do not hesitate to compare our company's project with Tesla or SpaceX.","author_name":"Jacques Souquet","votes":1,"created_at":"2024-01-12T15:37:11Z"},{"id":273368,"entity_id":"wefunder:comment:273368","answer":"Mr. Dahal, I appreciate your questions. There has been academic research on the topic, however the wind industry has mainly focused on land based applications. Here, it is easier to facilitate a foundation for a singular nacelle and the complexity of building is relatively straight forward vs. multiturbines. Plus, to increase power you only need to increase radially, which drives the blade length and the pile length subtly. Thus the industry has gravitated towards developing larger and larger bladed monopile systems due to incremental improvments. Now the challenge is installation on land, since the cranes used are reaching their own limits in stability and lift capacity. The maintenance or downtime costs have not typically been factored into the overall payback on investment, which is where Multiturbine wins. Indeed, there have been TV shows like Engineering Disasters where offshore monopiles have shown installation issues and ongoing concerns. We do not have any relationship at the moment with KKR IP LLC","author_name":"Matthew Michel","votes":0,"created_at":"2024-01-08T18:23:35Z"}]},{"id":268373,"entity_id":"wefunder:comment:268373","question":"2 questions - 1) How did you arrive at the valuation of 32/27.2M USD for WeFunder. Any valuation techniques or model used. 2) How about the competition. I do see there are some funded startups in Europe and possibly other places offering similar product. How far ahead or behind is MULTITURBINE compared to its competition.","author_name":"Naresh Malhotra","votes":0,"created_at":"2023-11-08T04:35:24Z","canonical_url":"https://wefunder.com/multiturbineold#question-268373","answers":[{"id":268576,"entity_id":"wefunder:comment:268576","answer":"Hi Naresh, thanks for your interest into our project and technology. 1) To determine the pre-money valuation of Multiturbine we have used the services of the US company GIA (gia.institute) They used standard VC methods who comply with IPEV (International Private Equity Valuation) Guidelines. These methods and their respective weight are: Scorecard method - 20% Berkus checklist method - 30% Risk summation method - 30% VC method - 20% After computation GIA determined a total pre-money valuation figure of $93.6M After examining similar companies on Wefunder and other CF sites we found this figure not appropriate for CF purpose, and decided for this round of a more conservative $32M value. Note that the report contains confidential data, thereby it cannot be disclosed here but only to registered VC with signed NDA. 2) I guess that you refer to Wind Catching and Myriad Wind ? First well note that multiple rotor system is all but not new, and the physical principles are well established and into public domain, notably the square-cube law. I am going to try to explain the differences between us and these companies, but it is not easy to do so and in short. The first big difference, in both cases, is that we have patented a solution to install – remove – maintain the individual turbines without using an expensive and difficult to transport crane or vessel, but with a drone. This drone will cost about $2M and will be easy to transport (weight 800kg). In case of a large wind farm of say 16 units of 20MW floating wind turbines, one drone will be able to install and maintain the whole wind farm. A giant vessel for giant turbines cost $500.000 per day and require several days to go to site. (the drone is not necessary for the first development steps, we can use a standard crane, but the turbine features some specific fixtures for drone installation) The second big difference is about our team which has the appropriate experience and skills to successfully manage the project. Our main partner and co-founder ues.net has 50 engineers specialized into cranes and large steel structures design and manufacturing. I have 35 years of experience in engineering – testing -manufacturing of components for cars and medium size wind turbines. It is the reason why notably we have already engineered our wind turbine, with very specific features, and simulated its performances. Once we will get funds we will immediately start its development and prototyping. 2.1 Wind catching 2.1.1 To manage the maintenance operations WC plan to implements lifting cranes into the structures, to lift 30m diameter turbines (at least 10 metric tons per turbine). Since the lifts are definitely installed into the platform it will increase the total cost of the system. We estimate that: a) the lifts for one platform will cost more than our single drone who can serve 20 platform. b) such lift will not resist a long time in harsh sea condition, it will be a nightmare to maintain. 2.1.2 The core team of Wind Catching has no experience at all in wind energy, for instance they strongly under estimate the reliability concerns. This explain why they have no plan for the wind turbines. This is a current mistake, I did the same at my beginnings in wind, but a wind turbine runs about 5.000 hours per year without maintenance, which represent about 150.000 miles for your car. For multi-turbines design anticipating reliability concerns is even more important, in wind all that can happen…… happens a day or another. At multiturbine we do not believe Wind Catching design is a feasible solution, it will be expensive an unreliable. 2.2 Myriad Wind In short this company has no experience at all of wind turbine technology and industry. Being able to well use modern simulation software is one thing (at Multiturbine we dispose of more than necessary engineers using routinely all the available tools) but in wind particularly the devil is into the details. Do you believe that if you are able to use the simulation tools used by F1 cars engineers this will allow you to design a good F1 ? Sourcing and quality controls are important concerns too, and only experience can give the necessary knowledge. I have no doubt that the guys are brilliant, but they will unavoidably learn from their errors for many years before being able to issue something which can run 5.000 hours per year with rain and salt, with only 1% failure rate, during 20 years. Last, they do not say how they will address the installation and maintenance problem. At Multiturbine we think it is too early to assess Myriad Wind because at the moment their design is not defined, they just say they are going to use many smaller turbines, which is not an innovation by itself, and it is in public domain. The question is how do you implement multiple turbines and how do you manage the problems resulting of this design ? At Multiturbine we propose a solution which has already be engineered in details during 4 years, including maintenance and manufacturing principles, by engineers with the appropriate skills and experience. We also propose a solution with less kg/kw than these 2 companies, with dimensions allowing the use of the very efficient automotive manufacturing and testing techniques, resulting is much lowered costs and increased reliability. It is a very wide topic, do not hesitate to ask more questions if any. Note that for intellectual property reasons, in some cases we cannot give all the details, but we do our best to substantiate our claims with verifiable arguments.","author_name":"Jacques Souquet","votes":0,"created_at":"2023-11-09T20:01:03Z"}]},{"id":267217,"entity_id":"wefunder:comment:267217","question":"Are the impressive comparison numbers per electricity (Watt) generated? And are you comparing same size (size in Watts) wind turbines? (I mean the comparison numbers to conventional wind turbines, e.g. \"50% less CapEx\")","author_name":"Andreas S","votes":0,"created_at":"2023-10-29T16:59:08Z","canonical_url":"https://wefunder.com/multiturbineold#question-267217","answers":[{"id":267225,"entity_id":"wefunder:comment:267225","answer":"Hi Andreas, thanks for your interest into our project and technology. 1) yes, the 50% reduction in LCOE refers to the average cost per kw.h generated per our turbine compared with a conventional single rotor turbine in the same wind conditions. 2) Yes we are comparing the same overall size, for instance a 10MW Multiturbine with a conventional single rotor 10MW wind turbine, with the same total swept area and rated power. We explain the rationales behind these figures into the file \"LCOE comparison MultiTurbine vs conventional Turbine V1.2.pdf\" that can be downloaded at the bottom of our campaign page. Here we account for the main costs of a wind energy system. Do not hesitate to inquire for any further question, I would be happy to respond to.","author_name":"Jacques Souquet","votes":1,"created_at":"2023-10-29T18:48:00Z"}]}],"faq":[{"question":"A few: 1) The video indicates that the orientation of the array can adapt to wind direction (very important), but it's unclear how. 2) You throw out stuff about a \"square cube law\" but what I really expected are two plots: for a given wind speed i) Power vs. size: How many wat...","answer":"Hi Peter, thanks for your interest with our technology. If you haven't already done so, I suggest you download the 3 documents at the bottom of our main page, they might answer some of your questions. 1) For the offshore application, the platform has a turret at the point opposite the turbines. Then wind drag forces the platform to self align with wind (the turret is connected to sea bed by the mooring system). It is a proven design. Onshore machines feature a classic active yawing system. 2)..."},{"question":"Are the impressive comparison numbers per electricity (Watt) generated? And are you comparing same size (size in Watts) wind turbines? (I mean the comparison numbers to conventional wind turbines, e.g. \"50% less CapEx\")","answer":"Hi Andreas, thanks for your interest into our project and technology. 1) yes, the 50% reduction in LCOE refers to the average cost per kw.h generated per our turbine compared with a conventional single rotor turbine in the same wind conditions. 2) Yes we are comparing the same overall size, for instance a 10MW Multiturbine with a conventional single rotor 10MW wind turbine, with the same total swept area and rated power. We explain the rationales behind these figures into the file \"LCOE compa..."},{"question":"2 questions - 1) How did you arrive at the valuation of 32/27.2M USD for WeFunder. Any valuation techniques or model used. 2) How about the competition. I do see there are some funded startups in Europe and possibly other places offering similar product. How far ahead or behin...","answer":"Hi Naresh, thanks for your interest into our project and technology. 1) To determine the pre-money valuation of Multiturbine we have used the services of the US company GIA (gia.institute) They used standard VC methods who comply with IPEV (International Private Equity Valuation) Guidelines. These methods and their respective weight are: Scorecard method - 20% Berkus checklist method - 30% Risk summation method - 30% VC method - 20% After computation GIA determined a total pre-money valuation..."},{"question":"1. The idea of multi turbines seems to be old (according Innwind EU). I'm curious if there's been previous academic or commercial research on this topic. Since the bottleneck is the size of turbines, and along with it the cost, why are we looking at multi-turbines only at the ...","answer":"Hi Damodar Dahal, thanks for your interest into our project and technology. You are right the multi-rotors idea is very old. Old, established industries are generally very conservative, and for very good reasons: - proprietary markets - patents - existing \u0026amp; specific production tool - specifically skilled and efficient R\u0026amp;D departments - specific supply chain etc… Wind turbine industry is not an exception, they are highly specialized to well design – manufacture – transport – install hu..."}]}}}