Post on 18-Dec-2015
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
ENSC 440 Presentation and Project DemoThe ChromaTap
Technologies IncorporatedneoSpectra
April 27th, 2007
The Business Plan
Project Specifics
System Overview and High Level Design
Project Demo
Conclusion and Final Thoughts
Presentation Outline
Copyright (C) 2007. NeoSpectra Technologies Incorporated. All Rights Reserved. NeoSpectra Technologies Incorporated | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
Objectives and the Team
Objectives and the Team
neoSpectra Technologies Incorporated
Management Department Heads
Derek PANG Jim WANG Jacky CHENG Scott Chen
Engineering Lead Computer Designand Simulation
Primary Responsibilities
Derek Pang
Jim Wang
Scott Chen
Jacky Cheng
Project Management, Solar and Water PowerGeneration, Business Case
Project Management, Battery and Water PowerGeneration, Casing Design, Business Case
Circuit Design, Power Management/OptimizationMechanical Design and Simulation
Business Lead Circuit Design
Introduction to the team, theirtitles, and responsibilities
The ChromaTap Business Casehighlighting what the productdoes and who it is intended for
Schedules, budgeting, andassignment of work: our initialplans and how we performed
Technical system overviewwith prototype explanationsand design choices
Demonstrations of finishedprototypes and relevantdesign discussion
What we learned, conclusions,moving forward, and acknowledgements
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
The Business Plan
Technologies IncorporatedneoSpectra
Business Plan Outline
Copyright (C) 2006. NeoSpectra Technologies Incorporated. All Rights Reserved. NeoSpectra Technologies Incorporation | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
Opportunity
neoSpectra Technologies Incorporated
• 50,000 children aged 0-6 suffer from hot water burns annually
• Other solutions require installation or involve risk
• A visual indicator of water temperature would help children
• There are 3,090,699 Canadian households with young children
• Over 26 million American households with young children
Opportunity
ChromaTap
Marketing and Competition
Financials
Our Competitive Advantage
The Management Team
Copyright (C) 2007. NeoSpectra Technologies Incorporated. All Rights Reserved. NeoSpectra Technologies Incorporated | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
Business PLan Outline
Copyright (C) 2006. NeoSpectra Technologies Incorporation. All Rights Reserved. NeoSpectra Technologies Incorporation | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
ChromaTap
• Lights the flow of water with LEDs
• One year warranty
• Outsourced production and recycled materials cut costs
• CE (European Conformity) Certified
neoSpectra Technologies Incorporated
Opportunity
ChromaTap
Marketing and Competition
Financials
Our Competitive Advantage
The Management Team
Copyright (C) 2007. NeoSpectra Technologies Incorporated. All Rights Reserved. NeoSpectra Technologies Incorporated | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
Business Plan Outline
Copyright (C) 2007. NeoSpectra Technologies Incorporated. All Rights Reserved. NeoSpectra Technologies Incorporated | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
Marketing and Competition
• Sold via retail locations in Canada, and online in the US
• 101 survey respondents, average 90% would purchase
• Margin is higher in Canada, US for penetration reasons
• Promotional installations and magazine ads to raise awareness
• Hansa’s product is in Europe only, high cost, different target
• Delta Faucet’s solution is 2 years away and requires installation
neoSpectra Technologies Incorporated
Opportunity
ChromaTap
Marketing and Competition
Financials
Our Competitive Advantage
The Management Team
Presentation Outline
Copyright (C) 2007. NeoSpectra Technologies Incorporated. All Rights Reserved. NeoSpectra Technologies Incorporated | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
Financials
• Based on survey results, Canadian target price at $19.99
• All-in cost: $3.28/unit, selling to retailers at $13.50 (GM 75%)
• Retailer enjoys high profit/floor space, GM of 32% (Average)
• Only $350,000 startup capital required
• 706% to 1212% return by 2011 via IPO or acquisition
• Based on after tax earnings of $350,000 and P/E of 10
neoSpectra Technologies Incorporated
Opportunity
ChromaTap
Marketing and Competition
Financials
Our Competitive Advantage
The Management Team
Presentation Outline
Copyright (C) 2006. NeoSpectra Technologies Incorporated. All Rights Reserved. NeoSpectra Technologies Incorporated | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
• There is a need for a product that prevents hot water burns
• Our solution is low cost, safe, and easy to use and install
• Cost efficiency allows us to start with only $350,000 in capital
• IP developed rapidly in house, maintained as an asset
• Advisors help us with all aspects of the business, esp. China
• 1017% return over 5 years including dividends
neoSpectra Technologies Incorporated
Our Competitive Advantage
• 400,000 shares available for sale (40% stake) at $0.375 each
Opportunity
ChromaTap
Marketing and Competition
Financials
Our Competitive Advantage
The Management Team
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Project Specifics
Technologies IncorporatedneoSpectra
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Budgeting
Initial budget called for $420 including contingency
Funding was planned to be from the ESSEF and business plan competitions
$28,000 by placing 2nd at the regional and national Enterprize competition
neoSpectra Technologies Incorporated
Projected Expenses Estimated Cost ($ CDN)
Temperature Sensors $20
Generators $35
Turbine fans $25
Lighting (LED or otherwise) $30
Solar Panels $50
Competitor Product Analysis $40
Sink and Shower Attachments $40
Batteries $10
Electronic Circuit Components/Boards $50
Casing and Wiring $50
Subtotal $350
Contingency (20%) $70
Total $420
Table 6.1 : Budget for the 13-week ChromaTap Capstone Project
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Design and Testing Cycle
Proposed Design and Testing cycle shown below
Generally speaking, we adhered to this cycle
neoSpectra Technologies Incorporated
Design
Development/Assemble
Testing
Evaluation Integration
Debugging
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Project Planning
Initial timeline showing the four planned phases of development
Because of Enterprize, we had a 2 week delay in our schedule
neoSpectra Technologies Incorporated
ID Task Name DurationQ1 07 Q2 07 Q3 07 Q4 07 Q1 08
Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
1 42dTask Clarification Phase
2 59dConceptual Design Phase
3 155dEmbodiment Design Phase
4 286dDetail Design Phase
Aside from the delay, we roughly adhered to our schedule
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Project Planning
Milestones
Build 2.0, with mechanical mock-up and different power sources, finished
Increment 2 is still on-going, as indicated in the timeline
neoSpectra Technologies Incorporated
Feb 08Jan 07
Jan 22, 2007
Project Proposal Completed
Feb 19, 2007
Functional Spec. Completed
Jan 07 - Mar 07
Increment 1
Mar 21, 2007
B1.0 Completed
Feb 5, 2007
Written Progress Report Completed
Feb 19, 2007
Functional Spec. Completed
Mar 9, 2007
Design Spec.Completed
Mar 07 - Jun 07
Increment 2
Jun 8, 2007
B2.1 Completed
May 31, 2007
Patents Filed
Apr 9, 2007ENSC 440 Deliverables
Completed
Jun 07 - Jan 08
Increment 3
Nov 30, 2007
Product Cerifications Completed
Jan 25, 2008
B3.2 Completed
Feb 11, 2008
Product Launch
Conceptually, the product works, but needs key improvements for Build 2.1
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Teamwork
No major issues encountered
neoSpectra Technologies Incorporated
Modularization allowed independent work and group integration
Primary responsibilities not key, members helped where they could
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
System Overview and High Level Design
Technologies IncorporatedneoSpectra
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
System Overview
Implementing this system with a modular design was very effective
neoSpectra Technologies Incorporated
User can easily install the
ChromaTap in less than a minute.
Is the water tap on?
Is the water tap off?
Visual Indicator turns on. (Red for hot, Blue for cold)
Measuring water temperature.
Visual Indicator turns off.
Yes
No
Yes
No
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
System Overview
Proposed power generation systems: Solar, Water generator, Battery
Proposed Modules: 1 Control, 1 Safety, 2 Output, 3 Power generation
neoSpectra Technologies Incorporated
Power Generation Module
Input Conversion Module
Water Stream Input
Control and Processing Module
Output Conversion Module
Battery/ Light/ Water Stream Input
Water Stream Output
Casing & Mechanics Module
Safety Module
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
System Overview
Allowed us to build one control circuit module, saved costs
Notice solar is not included in the power options, more detail on this later
Efficiency improved because modules assembled independently
neoSpectra Technologies Incorporated
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Solar Power
Average use: 20 seconds per use, 15 times per day, 3 minutes in total
Average power consumption 30mW, Approx. energy needed 5400mJ per day
Power produced by Sanyo SA3515S4: 0.05mW(room), 0.4mW (direct)
Energy produced: 24mJ per day (room), 192mJ per day (direct to light) Assuming lights are on for 8 hours
Surface area: 5.63cm^2 per SA3515S4, need 600 solar panels (or 75 )
Non-feasible due to the size and cost constraints
Other power implementations will be discussed as part of the project demo
neoSpectra Technologies Incorporated
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Project Demo
Technologies IncorporatedneoSpectra
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedChromaTap Circuit Overview
• Control Circuit: Simple Open-Loop System
• Optimize the Design Size and Minimize the Development Time
Water Flow
SENSOR
Thermister
CONTROL CIRCUIT
Pulsing Circuitor
Frequency / Current Varying Circuit
BLUE LED
RED LED
ACTUATOR
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedChromaTap Control Circuit
• Temperature Conversion Stage: Thermistor Voltage Dividers
• Op-Amp Voltage-to-Duty-Cycle Conversion Stage
• Comparator Circuit
• High Efficiency LED Array Output Stage
• Overall Power Dissipation: <75 mW
• System Reaction Time: ~17°C / s
• Bi-Stable Mutivibrator with Clamper
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedChromaTap Power Solutions
• Operation Voltage: 4V VCC, -4V VEE
• Voltage Regulation Stage – Integrated Part of Control Circuit
• Battery Module
• WaterGen – Miniature Hydrogen Generator
• Hybrid Power System
• Other Solutions
• Available Power Solutions
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedBattery Power Solution
• Technical Perspective
• Simplified Design, Decrease in Physical Size
• Battery Life: 1.5 Months on Average (43 Hours)
• Less Convenience and User-Friendliness compared to water gen
• Feasibility
• User Perspective
• Cost Perspective: Cheaper Solution for Production
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedWaterGen Power Solution
• Technical Perspective
• Energy Available in Water Stream
42
3
20 r
DFPavg
Average Power vs Flow Rate
0
0.05
0.1
0.15
0.2
0.25
0.08 0.1 0.12 0.14 0.16 0.18 0.2
Flow Rate (L/s)
AveragePower (Watt)
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedWaterGen Power Solution
• Flow-Rate to RPM Conversion (50% Energy Delivery Efficiency)
Md
rMdDtF
ttRPM
rr
2
4
322 16
8
15
t
RPMMd
RPMr
tDFr
6016
604
2
42
3
• Assumption: 1 second run at stable rotation, Determine the Torque
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedWaterGen Power Solution
• Flow-Rate to RPM Conversion (50% Energy Delivery Efficiency)
• M = 25.3g• d = 3.7cm• D = 1kg / L• r = 0.2cm• t = 1 s
Flow Rate vs Resistive Torque
0
0.5
1
1.5
2
0.15 0.16 0.17 0.18 0.19Flow Rate (L/s)
ResistiveTorque (Nm)
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedWaterGen Power Solution
• RPM to Electric Power Conversion – Hydro Generator Analysis
26 )10093.1( RPMPavg
Average Power vs RPM
0
2
4
6
8
10
12
1000 1150 1300 1450 1600
RPM (1/min)
Average Power(Watt)
Theoretical Power vs RPM
Actual Power vs RPM
• Average Efficiency: 15.7%
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedWaterGen Power Solution
• Final Power Output: 416mW @ 4VAC, 1581RPM, 2.14% Efficiency
• Half-Wave AC-DC Rectifiers: VCC and VEE
• VCC / VEE Voltage Regulator
• Increased Design Size
• Complicated Voltage Regulating Circuit Design
• Miniaturization is Possible, at the cost of More Expensive Design
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedWaterGen Power Solution
• User Perspective
• Eliminate the Need to Change Battery
• Decrease in Water Flow Rate Throughput
• Product Lifetime is Limited by the Lifetime of the Miniature Generator
• Cost Perspective: Expensive for Miniaturization
• Feasibility
• Elegant Design
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedHybrid Power Solution
• WaterGen – Batteries
• Technical Perspective
• Extended Battery Life
• Eliminate the Limitation of Water Flow Power
• Power Source Relay: Even More Increase in Design Size and Cost
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedHybrid Power Solution
• User Perspective
• However, Extended Battery Life!
• Does Not Eliminate the Need of Changing Batteries
• The Old Problems with WaterGen still exists…
• Cost Perspective: Still Very Expensive
• Feasibility
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedOther Power Solutions
• PowerCast – New Generation Power Solution
• Rechargeable Batteries with AC Recharge Socket
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedSolidworks Demonstration
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedCasing Cost
• Faucet: Volume = 29346.49 cubic millimeters = 29.35 cm^3.
• Shower: Volume = 120619 cubic millimeters = 120.62 cm^3
• Density of PS (polystyrene): 1050 kg/m^3. = 2.31 x 10^-3 lb/cm^3
• Density of PC (polycarbonate): 1220kg/m^3 = 2.684 x 10^-3 lb/cm^3
• Faucet: Needed < 0.0677985Ib
• Shower: Needed < 0.2786322Ib
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedCasing Cost
• Cost of PS: $0.50~$1.00
• Cost of PC: ~$2.00
• Cost for faucet: < 7cents for PS, < 16cents for PC
• Cost for shower: < 29cents for PS, < 66cents for PC
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
neoSpectra Technologies IncorporatedModule Demonstrations
• Lab 1
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Conclusion and Final Thoughts
Technologies IncorporatedneoSpectra
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Budget
Proposed Project Expenses shown below:
Actual Expenses: $384.54
Within total target, but distribution slightly different than budgeted
neoSpectra Technologies Incorporated
Projected Expenses Estimated Cost ($ CDN)
Temperature Sensors $20
Generators $35
Turbine fans $25
Lighting (LED or otherwise) $30
Solar Panels $50
Competitor Product Analysis $40
Sink and Shower Attachments $40
Batteries $10
Electronic Circuit Components/Boards $50
Casing and Wiring $50
Subtotal $350
Contingency (20%) $70
Total $420
Table 6.1 : Budget for the 13-week ChromaTap Capstone Project
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Conclusions
Expecting better results from thermistor in prototype
Even faster response times can be guaranteed by better processes
Brightness was also an issue, lens was used in shower to improve focus
Lens also implemented in the final faucet design, but not in prototype
Device is currently not effective enough to serve as a true safety indicator
neoSpectra Technologies Incorporated
Modular design was very effective for development
Varying pulse frequency based brightness works well for power savings
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Conclusions, continued
Inclusion of blue LEDs required a higher than expected voltage
Final revision water power was much more effective than expected
Solar power is not feasible given typical lighting conditions
neoSpectra Technologies Incorporated
Water power generation went through several revisions
Product has been proven to be highly marketable, assuming issue resolution
LEDs require focusing for effectiveness beyond a short distance
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Moving Forward and Key Learnings
Additional lens experiments and parts sourcing to improve brightness
Feasibility of miniaturization design and cost of water generation
Nothing goes exactly to plan; things go wrong at the worst times
Part count and power optimization
neoSpectra Technologies Incorporated
Re-evaluate functional specification and product applications
The dollar store has a lot of useful parts available at reasonable prices
Some water sealing materials like glue actually conduct
Copyright © 2007 NeoSpectra Technologies Incorporated. All Rights Reserved.
Acknowledgements
Lucky One, for technical guidance and advice
Steve Whitmore, for presentation and documentation advice
Ash Parameswaran, for technical consultation
Fred Heep, for help with lab equipment issues
Brad Oldham, for functional specification input
Vinay Kotamraju, for design specification input
Equustek Solutions Incorporated, for technical design advice
neoSpectra Technologies Incorporated
Copyright (C) 2007. NeoSpectra Technologies Incorporation. All Rights Reserved. NeoSpectra Technologies Incorporated | The ChromaTap | So Vibrantly Simple, Simply Vibrant.
Questions and Answers
Thank You.