Our company's main product is the Travelmate robot assistant and self moving suitcase. With our patent covering all robots connected to smartphones, there are a lot of potential opportunities to expand on and/or license our technology. One of our investors on Wefunder summarized this point very succinctly:
“Not only is the concept awesome but a patent(s) that applies to all future mobile phone/robotic interaction is a potential goldmine.”
There are 4.7 billion people every year who board flights around the world. We are of course focused on ensuring the success of our Travelmate robots first and foremost. Our business and patent portfolio goes beyond applications in consumer robotics. We've participated in the last GAPS event by IATA (International Air Transport Association covering over 300 airlines) and were invited to hold talks with airline companies. You can see where our robots are at all times through the Travelmate app. Applying this tech to airlines means that we can expand on that functionality. Users will be able to see when their luggage is at the baggage claim. Likewise, after dropping off your suitcase at check in, you will be able to see exactly when your suitcase is on the plane itself, so that you don't have to worry about making sure if it's on a connecting flight.
This helps the airlines as well because in the future if your luggage is lost, then it will alert the airline too, so that they can rectify the situation. When you pick up your luggage, the airline can be sure that you have picked up your luggage, since your suitcase is tied to your phone. This type of technology can be applied to cargo flights as well. We can also implement an accessory that will enable this functionality for normal luggage.
Our proprietary artificial technology, when applied to airport and airline logistics, will help airlines to optimize baggage routes, cargo weight, boarding time and so much more. Many airlines have expressed interest in our technology and our patent portfolio. We are very intent on further pursuing this business opportunity.
Here's a video of us at the GAPS event, where we were on a panel with Delta, American Airlines and others:
And here is a short video of when we visited the Virgin Atlantic Headquarters near Gatwick (the company that Richard Branson owns):
A huge issue for airlines is the tracking of baggage and making sure that your luggage arrives on time and at the correct destination. IATA, the organization that handles all airline regulations, has been at the forefront by adopting regulations and recommendations for the tracking of luggage. Specifically the adoption of passive tracking technologies for luggage.
What we can bring to the table is an easier solution for airlines. You can already see where your robot is at all times via the Travelmate application. We can bring our technology to luggage tags, so that it is easier for airlines and airports to see where baggage is located.
As investors and partners in our company, we want to make sure that you are aware of how we are moving forward with our company. We want you to know that we have a long term strategy with many different avenues to utilize in order to get the most out of the technology that we have developed.
This is a huge endeavor that will encompass not just airlines, but also airports around the world. This technology is already developed by our company. However, we need to first transition to fulfilling the demand for Travelmate units and manufacturing at a minimum of 5k units per month. After this is accomplished, we will implement licensing and partnership opportunities with airlines and airports to get our tech into airports worldwide. In future updates, we will talk about more of the capabilities and opportunities in our business.
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