Requested Funds and Schedule

SolarOr is seeking $5M in funding to:

Complete its product design and development activities
Strengthen its intellectual property portfolio via filing of worldwide patents on existing IP and filing of additional patents
Set up of a manufacturing organization and facilities, including outsourcing partnerships with contract manufacturers
Transfer of products from prototyping into large scale manufacturing
Set up of Sales, Marketing and Business development organizations
Formation of strategic and business partnerships with leading players in the solar energy market, both on supply and distribution side

The anticipated time to market of the initial product portfolio listed above is 30 months, per the following key milestones:

Phase 1 – Finalize and validate design concepts (9 months)
Phase 2 – Product engineering and prototyping (6 months)
Phase 3 – Industrial engineering, manufacturing process/automation development, product QA/QC, operation logistics, WW Sales/Marketing infrastructure, product launch (15 months)