Photo - LimpidArmor
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LimpidArmor - loan for business

Land Platform Modernization Kit for Military Vehicles

Ukraine, Kyiv city
Market: Internet and IT, Computers, office equipment, Robotics, Artificial Intelligence, Virtual and Augmented Reality
Stage of the project: Prototype or product is ready

Date of last change: 09.08.2018
Min amount of loan
$  10.000
Estimated yield
36 % a year
4
Total required
$ 100.000
Rating
equalizer 456 from 1000
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- is looking for investment

Idea

The Land Platform Modernization Kit is a tool that enables a 360-degree real-time battlefield environment delivery to the crew of armored vehicles and tanks . As a result, the overall performance of the machines would be significantly improved.

Thank to AI-based targeting sub-system, M2M communication options, and BMS integration, our product optimizes information management, increases battlefield effectiveness and survivability, as well as reduces management workload on the crew.

Current Status

- Debut in XIII International Arms And Security Exhibition Arms And Security in Kyiv in 2016
- A prototype system was presented at the IDEX-2017 exhibition in Abu Dhabi
- Field tests of the prototype were conducted on the basis of The Hetman Bohdan Khmelnytsky Kyiv Independent Presidential Guard Regiment
- Military tests are conducted on the basis of the Desna Tank Range
- Partnership with suppliers and dealers (Microsoft, Optix, NVidia)
- Active Participation in NATO Science and Technology Organisation working group - AVT 290 - Standardization of Augmented Reality for Land Platforms in Combat Environments
- Negotiations with "Ukroboronprom" State Concern, Ukrainian and foreign manufacturers of military equipment
- Interest from a number of manufacturers of military equipment
- Agreement on the creation of a Ukrainian-Bulgarian-Greek consortium to develop promising UAV control models

Market

Military market:
1. Ground armored vehicles (tanks, armored cars of all classes, engineering machinery)
2. Military systems with remote control (UAVs, robotic sapers, combat modules and weapons control systems)
3. Interactive tactical helmets for combat and special units (for controlling combat and collecting operational military information)
4. Police and security vehicles
5. Military, patrol and police ships and boats
6. Combat, training, specialized (sanitary, transport, reconnaissance) planes and helicopters
7. Simulators

Problem or Opportunity

Danger to human life and insurance burden
Insufficient visibility through periscope
Lack of information about the environment
Lack of time for the risk evaluation
Risk of "Blind Spots" visibility

The Land Platform Modernization Kit includes implanted AR glasses in the helmet, allowing the crew to see the entire surrounding environment using cameras located on the vehicle. The display shows the statuses of aggregates, and the status of the task, the target, the landscape and the individually selected indicators, depending on the specifics of vehicle. The minimum delay and automation of the UAV allow you to react instantly to the dynamic conditions of the battle.

The usege of the system significantly reduces insurance and operational costs.

Competitors

There are no such systems released on the market in the world.
The closest analogues, also exist at the level of prototypes, for example,
Israeli IronVision system and its European clones (based on projective
Elbit Systems technology) or US military development (TAR).

Advantages or differentiators

- versatility (suitability for use both in the military and in the civilian field)
- a complex solution (the system consists of own software, optimized for selected hardware and analytical solutions)
- customizability (system elements can be selected based on customer's requirements)
- Own modification of Microsoft HoloLens or similar AR glasses
- The system is developed on the basis of NATO standards (video delay up to 150 ms, angle of view 114 °)
- ergonomics (psychophysical characteristics, intuitive interface, etc.)
- Flexible pricing policy

Finance

We create customized solutions from $ 42,000

In the nearest future, we are going to start selling perimeter protection systems and UAV modules from $ 10,000

Loan terms

12 months

Interest rate, %

36

Type of pledge

Another

Pledge and assets

company shares

Business model

LimpidArmor offers to customers the opportunity to choose the solutions that they are most suited (minimal equipment, recommended or top solution). Thanks to direct sales and dealer networks, we can meet the needs or expectations of the buyer. Software and hardware complex, analytical modules, as well as, in the future, service equipment maintenance.

Solution (product or service)

The programmable hardware includes the chamber blocks (optical cameras, night and thermal vision), sensors, a central computer and glasses of augmented reality.
The data from the cameras is transformed into a complete real-time picture of the battlespace, which, along with the telemetry of the machine, sensory data, video of the drone and technology analytics, is displayed on the AR-screen. Due to this, the crew can respond promptly to the dangers or breakdowns and reduce management workload on the crew. .
The Land Platform Modernization Kit is a unique solution that includes certified equipment, combination of its own software and modifications of HoloLens or similar AR glasses, as well as analytics services.

Risks

After analyzing the market, the following risks were identified:
1. Development of such a solution by competitors
2. The need for modification of HoloLens
3. Lack of human resources to complete development
4. Lack of funding

All risks have been worked out and ways to overcome them have been found.

Incubation/Acceleration programs accomplishment

Startup HUB Poland 2016
Startup.Network Accelerator

Won the competition and other awards

- Top 10 Startup HUB Poland 2016
- the 3rd place of StartupBattle Silicon Valley 2018
- Microsoft Azure grants $25000 + $10000

Invention/Patent

The process of registration of the trademark is completed and the process of patenting is started

Product Video

Website address

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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address