Potential Patent Out-Licensing/Sale Opportunity For Flying ......Potential Patent Out-Licensing/Sale...

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Potential Patent Out-Licensing/Sale Opportunity For Flying Costume (Covered by PCT/IN2011/000489) IIPRD (Licensing Consultant), New Delhi, India www.iiprd.com , [email protected]

Transcript of Potential Patent Out-Licensing/Sale Opportunity For Flying ......Potential Patent Out-Licensing/Sale...

Page 1: Potential Patent Out-Licensing/Sale Opportunity For Flying ......Potential Patent Out-Licensing/Sale Opportunity For Flying Costume (Covered by PCT/IN2011/000489) IIPRD (Licensing

Potential Patent Out-Licensing/Sale OpportunityFor

Flying Costume (Covered by PCT/IN2011/000489)

IIPRD (Licensing Consultant), New Delhi, India

www.iiprd.com, [email protected]

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• Flying in an open sky like a bird is dream of man till date. Even though humans fly

in air through modes such as aeroplane, helicopter, hot air balloon, parachutes

and space shuttles, flying like a bird isn’t matched yet.

• Therefore, a flying costume has been designed (having a global patent pending) to

fulfil dream of a man to fly like a bird in air.

• Flying costume allows user to fly in sky without any barrier.

• As part of first phase, use of this costume is limited to adventure, amusement and

advertisement only.

• Uses Helium as sources of fuel to fly in `the air, as these gases are lighter than air

and can neutralize the effect of gravitational force.

INTRODUCTION:

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• Flying costume is based on straightforward principles of Newton’s laws and Laws

of gravitation.

• The flying costume is based on principle of zero gravity force, which allows the

person wearing the flying costume to fly in sky in any direction without the

gravitational force of earth affecting on him.

• Does not involve any major complex machines or set up, but rather work on simple

flying costume and some other measuring units.

PRINCIPLE INVOLVED:

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• Wear the flying costume or jacket attached with a PVC balloon, a fan and otheraccessories

• Stand on a weighing scale

• Fill PVC balloon with helium gas till weight of the person wearing costumebecomes zero. At this point, it is called as zero gravity position.

• In zero gravity position, the person can swim in air like an astronaut in space

• The fan will help in boosting the speed of the costume

WORKING:

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• Costume to be light weight, simple and attached with very few accessories

– Flying costume attached with PVC balloon for filling helium gas

– A fan for boosting speed of the costume

– A GPS system

– A torch

– An altitude gauge

– Rough Calculations

A balloon of 10 feet Dias filled with helium is able to lift 27 kg weight approximately (weight of balloon 7kg + 20 kg extra etc.)

According to this measurement 3 balloons of helium can lift weight of 81kg approximately. (weight of jacket 16-21kg + weight of user 60-65kg).

MATERIALS NEEDED:

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EXEMPLARY ACCESSORIES (TO CONTROL SPEED AND

DIRECTION):

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IMAGES OF FLYING COSTUME:

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Safety Net

• A fully covered net alike which can be in shape of a square or circle, with a rubber base and dimensions L*B*H = 40*40*40 m or radius of 20 m (approx) will be used as safety net.

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CURRENT STATUS OF DEVELOPMENT:

• A working prototype of the device has already been made and can be shared based on initial

interest.

• Further development needs to be undertake for finalization and finishing of the prototype,

complete technical designing of which has already been done.

• Global Patent is pending vide application No. PCT/IN2011/000489 with the first independent

claim stating:

• 1. A flying costume for covering complete body except face of the user comprising:

– a body shaped costume to fit over the body of a user;

– at least one inflatable sack positioned in the said costume body and positioned such that inflating the inflatable sack causes a feature to move from a retracted position to protrude from the costume body;

– a means for inflating the inflatable sack;

– a means for controlling the extent of inflation of the inflatable sack;

– a means for steering the costume during the flight; and

– a means for retracting the inflated sack.

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USES:

• Eco friendly

• Simple and lightweight

• Economical and cost efficient

• Low maintenance cost

• New and adventurous mode of transportation and entertainment

• Can be used in military and rescue operations

• Size of the flying costume can be varied based on user weight

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• A table showing cost attached per piece of a flying costume and running cost.

* These prices are subjected to vary depending upon location and availability of parts.

As the first phase is only for advertisement and amusement purpose there is no need

of accessories like torch, GPS system and altitude meters

COST ANALYSIS:

PART COST in Rs.

Helium Gas 50,000

Safety Net 30,000

Storage Chamber 20,000

Flying Costume 20,000

Fan 5,000

Weight andMiscellaneous

5,000

TOTAL 1,30,000

Monthly Expenditure

Cost in Rs.

Additional Gas

20,000

2 worker salary

15,000

Rent of Area 15,000

Total 50,000

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• For the manufacturer,

• Manufacturing Cost of Flying Costume = Rs. 1,30,000/-

• Selling price of Flying Costume = Rs.1,55,000/-

• Profit per Piece (P.P.P) = Rs. 25,000/-

• Profit of the flying costume over the years can be seen as:

• *Profit calculated can vary depending upon the location and determination.

MANUFACTURER’S PERSPECTIVE:

Year Number of F.C. Profit

1 3000 7.5 Crore

2 5000 12.5 Crore

3 7000 17.5 Crore

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• For the investor, the profit factor is being measured based number of costumes

used, number of rides per day, and duration of flying.

• The table gives a calculation assuming that the adventure company provides each

ride of 10 minutes and at least 20 rides a day at Rs. 200 per person (This

computations is done on a very conservative note):

• *Profit calculated will vary depending upon the area and people using it.

BUYER/ADVENTURE SPORTS COMPANY:

Initial Cost in Rs. Time Period in months

Profit per Dayin Rs.

Profit per Piece in Lakhs

1,30,0000 6 (Minimum Life of the Flying Costume)

4000 7.2

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• One or more partners which can buy or in-license the technology.

• The inventors would fully support the further development and finalization of the

device.

• Funding from one or partners based on successful implementation of the device

and working model within a strict and defined timeline.

EXPECTATIONS:

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Institute of Intellectual Property Research & Development (IIPRD)

New Delhi Office:

IFAIA Centre, S/20-22, Greater Noida Shopping Plaza

UPSIDC Site – IV, Greater Noida – 201 308, UP, India.

Pune Office:

D-1/4, HDFC Colony, Chinchwad, Pune, Maharashtra,India.

US Office:

Suite 108G, 2000 Walnut Ave, Fremont CA 94538

Tel: 1-510-662-4656

Contact Person: Tarun Khurana

Contact No.: +91-98106 17992, +91-120-2342010-11

E-Mail: [email protected], [email protected],

Website: www.iiprd.com | www.khuranaandkhurana.com

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