Kinetic Torch Flashlight



Description
Kinetic Torch is a renewable energy-based flashlight that charges itself by converting everyday vibrations generated by simple movement into electricity. Our product aims to reduce reliance on non-renewable, battery-stored sources of energy. The design of the product is most suitable for sustainability and outdoors enthusiasts, giving them a product that supports their active and healthy lifestyle and is aligned with their values. Our flashlight works completely independent from alkaline batteries or the grid, as energy is produced via vibrations through movement (kinetic energy), this means our product is really easy to charge. It comes with a strong LED light and is designed in a small, portable and 3D printed case, The product is made to last, and will be last flashlight you ever buy, since you’ll never need to buy another one to replace it.

The organization is focused on the following needs:
A). The need for sustainable high-quality products that don’t rely on toxic batteries or the grid to work efficiently.
B). More and more people would like to build their own sustainable products without having high-tech know-how.
C). The need to reduce the use of batteries for electrical products, sionce batteries create a lot of waste and harm to the environment.

we will only supply within the EU, to prevent the carbon emissions associated with transporting long distances.
The business model is simple:
We sell the Kinetic Torch for more than 2x the costs, and gain the margin.
€50-€20=€30 profit margin per Torch.

Our team is composed of six members, two of whom are engineers, physical and mechanical. Regarding the work done by these two colleagues, they have experience in several sectors which makes them unique. Moreover, they have been elaborating one of our prototypes and currently, they continue to work on gathering all the data which can lead us to find a better and efficient solution for our product (Kinetic Torch). In addition, our team also includes a Business Developer who is, among other tasks, managing the search for different competitions which, in the future, allow our project to become a startup. The rest of the members are in charge of hiring new interns or as we call them "Padawans". We also have a project coordinator, a web designer and a Social Media coordinator.

Our product is the KIT, meaning that our consumers will not buy a ready-to-use flashlight. By assembling the flashlight themselves, consumers will create a strong feeling of belonging to the product, as they put effort into buidling it. This is more valuable than quickly buying a flashlight in a store.
Besides, the flashlight consists of components which are hard to break. This leads us to offer a lifetime warranty, in case the quality of the assembling components isn’t as good as promised.
Another important USP of our product is the fact that it is a flashlight that runs on renewable energy only. It doesn’t rely on batteries or the grid. By contrast, energy is produced and can be captured by vibrations via movements. As this product is completely independent from the grid, you can easily charge it wherever and whenever you want. Moreover, the light from the flashlight is a strong, LED light. Lastly, the flashlight is rather small, which makes it really easy to carry around.

Sustainable Development Goals


7. Affordable and clean energy

The product is independent from using the batteries and can get charge from the solar.

Save to favorites


Notice: Undefined variable: post_id in /var/www/vhosts/hei-prometheus.eu/httpdocs/entrepreneurship-acceleration-platform/wp-content/themes/understrap-child-1/loop-templates/content-businessidea.php on line 293
Members
1
Technologies
3D Printing
Product Type - System
B2C Products
Sector
Environment & Energy
Belongs to a competition
Prometheus International Startup Competition 2022
Thematic Area
Circular Economy
Categories
Category C - Citizens of the European Union
Type of need
Investors - We need investors to support our idea

We can provide a certain percentage ownership of the business in return for a certain amount of investment. At the moment it is not clear what these amounts are.

- No option -