#Expertise #StartupHunters #WeeklyContest Fresh review of th | Idea factory

#Expertise #StartupHunters #WeeklyContest

Fresh review of this week ideas from our financial analyst

Today we’re going to analyze the idea of Sonar by Temibiyi @Temimay!

Briefly about the idea

The creation of technologies based on a sonar mechanism that will reduce the number of plane crashes among helicopter equipment.

General impression

The idea looks interesting and progressive, but niche-limited. Therefore, you will need to think about drawing attention to it.

Possible difficulties

1. Causes of disasters. Internet sources say that helicopter crashes and other accidents of this kind of lethal vehicles because of poor visibility are not the main causes.

Among the main "culprits" of disasters are the poor training of the helicopter crew, technical malfunctions and obsolescence of equipment, loss of control and others.

Moreover, technical experts warn that most of the disasters associated with the deterioration of meteorological conditions could have been avoided if the pilot had decided to cancel the flight.

We suggest that the authors of the idea think through the marketing issue more deeply so that sonars are in demand from aircraft design bureaus around the world.

2. Existing devices. Now, many modern helicopters are equipped with autopilots and other systems for automatic terrain assessment and positioning of the helicopter in space.

The authors of I.Sonar will need to think about how their device will fundamentally differ from existing mechanisms.

3. The narrowness of the market. The development of technologies for helicopters can become a capital-intensive idea. However, its monetization will be difficult due to the narrowness of the solution being developed.

Temibiyi and his team are invited to develop a preliminary development plan and, probably, use the available developments of other designers to reduce the cost of creating their own device.

This way it will be possible to achieve the payback of the project and the overall profitability of the idea.

Positive aspects

1. Relevance. The global helicopter industry is still receiving sad reports of new crashes due to poor visibility. Therefore, Temibiyi's solution will be able to help reduce the number of victims and make helicopter transport safer and more convenient.

2. The ability to create your own autopilot. The development and creation of a sonar-based device will help Temibiyi and his team create a whole complex of devices and sensors that can be combined into a complete autopilot.

With proper positioning and lobbying in the future, I.Sonar will be able to become part of helicopter factories.

Conclusion

The idea seems interesting, but its implementation is connected with the search for cheap solutions for research, improvements and other processes in the development of I.Sonar and a verified marketing campaign.

We wish Temibiyi great success on his venture path!