We are currently raising capital for the construction of prototypes and accepting offers from angel investors to invest in the company. Our preferred form of investment is to accept convertible bridge loans that can be exchanged for equity once the term expires. Initial investors can expect a 10x return within 5 years.
The major assumptions that drive our revenue estimates are the market price of energy, which today stands at between 11 and 13 cents/kwh, our intellectual property, ease of scalability, and the disruptive nature of our technology. Future revenue will derive from license fees and royalties, and purchase agreements with municipal utility districts and energy companies.