Galactic Motors Corporation is developing the See-3 collision avoidance system to target distracted and urban drivers. The collision avoidance technology market is estimated to grow to $10.1 billion by 2020. The See-3 system will use sensors to detect potential road hazards and relay warnings to drivers in real-time via their smartphone. It will have a relatively low price point and can be installed after-market. Galactic Motors is seeking $475,000 in equity investment to fund operations for 6 months, including product development, marketing, and hiring.
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Galactic Motors Corporation
1. “Fast Forwarding into the Future of Transportation”
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2. Market opportunity
Galactic Motors CorporationGalactic Motors Corporation
• Galactic Motors is focused on the after market
automobile industry with a concentration on
collision avoidance and parking assist technology.
• The total size of the collision avoidance
technology market was $2.3-billion in 2014. It is
estimated that this market will increase to
$10.1-billion in annual sales by the year 2020.
• Urban drivers/distracted drivers are our target
customers.
3. The Problem
Since the advent of cell phones, drivers have become ever
more distracted on the road which has created a high rate
of related deaths. There were over 500,000 deaths
attributed to distracted driving in 2014. Some prominent
leaders are calling for collision avoidance technology to be
available on all automobiles in the near future.
Many automobile manufacturers such as BMW and Toyota
offer collision avoidance technology on many of their
vehicles. These solutions include back-up cameras and
proximity detectors that emit an audio warning when getting
too close to objects. The price point for these options is
relatively high and there are still many “blind-spots” that
elude today’s systems.
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Current Solutions
4. Product / Service
Galactic Motors corporationGalactic Motors corporation
Our customer demographic includes the daily
commuter to the less experienced teen coping with
driving in today’s environment. Having an extra set
of eyes on the road can be the difference between
life and death.
Our product is called the See-3. It is a system that
can “sense” the road and relay this data real-time to
the driver via an app on a smart phone and give the
user enough warning to avoid potential hazards.
The See-3 can be installed at the factory or by a
local trained technician. The app will work
seamlessly with Google ® Maps.
5. Team
Galactic Motors CorporationGalactic Motors Corporation
• John A. Smith: President and CEO of Galactic Motors.
The brains behind the See-3 with a strong background
in Sales, Marketing and Management.
• Aaron J. Victor: VP of Product Development.
Successfully launched a new product concept and has
extensive experience in the field. His background is in
Computer Science with an emphasis on Engineering.
• Heather J. Davis: Director of Marketing. Over 20-years
of experience in Marketing and Advertising. Assisted in
the launch of new product lines.
• Deborah Lopez: VP of Information Technology. Over 20-
years in the field of Programming, Troubleshooting,
Security and Systems Integration.
6. Competition
Galactic Motors CorporationGalactic Motors Corporation
The major players in the field of collision avoidance
technology are Continental AG, Bosch, TRW Automotive,
Delphi Automotive and Denso Corporation. Their products
range from 360-degree radar to ultrasound cameras.
They are affective systems for collision avoidance.
Our Advantage
Our system will see what can’t be seen by today’s
technology. The See-3 has an advantage in that it will
have a relatively low price-point; can be easily installed
post-production and will work with any other existing
system. Our product will also take full advantage of
Bluetooth ® connectivity and an app interface via smart
phone to allow for timely updates to the system.
7. How We Make Money
• Retail sales of the See-3
• Advertising via app and website
• Product protection plans
• Premium service add-ons such as parking
assistance and etc.
• Sale of data to marketing firms
Galactic Motors Corporation
8. Investment
Galactic Motors CorporationGalactic Motors Corporation
We are seeking $475,000 of Equity Investment.
These funds will cover operations for 6-months.
We intend to raise the capital within a 30-90 day
window.
Key use of proceeds:
•Founder salaries
•Sales & Marketing
•Web Development
•New Hires
•Technology / Product and Service development:
•Capital expenses / equipment