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The Hard Hat®The Flexible Helmet - A New Concept!
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The Hard Hat®The Flexible Helmet - A New Concept!
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General Company Description
| Airventures Uninsured, Inc. is a small business formed in 1992 for the purpose of commercializing The Hard Hat®, a revolutionary flexible helmet initially designed for use in the recreational skydiving industry. Company efforts to date have been concentrated on obtaining patents for the invention, development of the invention into a product, preliminary exploration of cooperative development arrangements and joint ventures, and individual unit manufacture and sales to individuals using the helmet for recreational skydiving | |
| The company is a privately held North Carolina S Corporation. Part of the home office has been utilized to produce a limited number of helmets which have been hand crafted by the company president on an individual basis since 1995. The lack of manufacturing resources has limited sales to date even though no significant promotional activities have been undertaken. The primary assets of the company of the company lie squarely in the value of the intellectual property protection owned by the company through two domestic patents related to the helmet design. | |
| The sole company stockholder as well as President and CEO of the company is Mr. Richard March. Mr. March is also the inventor of The Hard Hat® and an avid and experienced skydiver, providing him with first hand knowledge of the needs of the users and competitive offerings in the recreational skydiving industry. Mr. March strongly supports development of the product and, as of this writing, is the sole employee of the company. He has personally undertaken all management and operations activities to date and has financed all patenting and product development activities and costs. As a result, the company is extremely liquid and essentially debt free. | |
| Mr. March is actively seeking partnerships with outside organizations which can provide manufacturing, marketing, distribution and management assistance. The company has approached several organizations to discuss joint venturing or other mutually beneficial cooperative development arrangements. Further details are provided in the Operational Plan of the report. | |
| Airventures is seeking industrial partners who can provide the company with the manufacturing, marketing, engineering and distribution capabilities which the company lacks. Airventures will entertain a variety of contractual relationships with development partners including licenses, assignment of equity, debt financing, and cooperative research and development agreements resulting in the market proven products. | |
| In addition to seeking assistance in commercialization of its current helmet design, Airventures also wishes to explore incorporating advanced materials and manufacturing technologies resulting from federal, university, or private sector research which might significantly increase the effectiveness or decrease the development costs of current and future generations of The Hard Hat®. | |
Airventures Uninsured, Inc. is headquartered, and may be contacted at:
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| Further Information: Please call 919-494-2103 to order your custom THE HARD HAT flexible helmet. |
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| This information is excerpted from the Commercialization Assessment Report created by University of Florida College of Engineering for Airventures Uninsured, Inc.. The detailed report is available from the company at Airventures Uninsured, Inc., P.O. Box 264, Franklinton, N.C. 27525 USA, Telephone 919-494-2103. Email us for it now! |
