Sales and Product Development

QuenchSea Sales: 

Generated $300K in 2024 from QuenchSea sales.

Version 3.0 Focus: Transitioning from Version 2.0 to Version 3.0, our most efficient iteration yet. This version includes a pressure booster and energy recovery device, making it easier to pump and boosting output to over 8 litres per hour (2 US gallons). Focus will now be on production and scaling with B2B contracts. So far our sales are all online through www.quenchsea.world

Kickstarter Success: Pre-launched QuenchSea 3.0 on Kickstarter, achieving $100K in pre-order sales in 4 weeks. Kickstarter supports cash flow and builds a strong community of supporters and lifetime customers. Deliveries are planned for April/May 2025. A second campaign on Indiegogo will launch this week.

Fundraising Efforts

VC Funding: We paused in December to reassess strategies and will restart fundraising this month January 2025. No firm commitments from VCs yet, but we are seeking $5M+ to scale operations and advance offshore technologies from TRL 7 to TRL 9. While our valuation is high, we are flexible on terms with potential investors.

Tokenisation Round: Currently ongoing, though progress has been slow. We are focusing on securing leads and plan to increase outreach, particularly targeting the Real World Asset (RWA) community.

Crowdfunding Options: Considering a crowdfunding campaign with Crowdcube, which has shown promising signups for potential investments.

Runway: Currently secured for 12 months.

Secondary Markets: Efforts to reopen our Seedrs secondary market in December faced delays from Seedrs, and we're exploring other options, including Hiive and the Nasdaq Private Market. These platforms target institutional and accredited investors and could serve as a launchpad for an eventual IPO. We want to provide liquidity to our investors. 

Offshore Technologies

OceanHydro Omni and SubSea RO Wind: Ready for deployment, with all components—including hydraulics, automation, and sensors—integrated into a 40-tonne, 10m x 10m x 8m system. Achieving TRL 7 with the first funding injection will be a critical milestone for credibility and attracting further investment. Image attached of actual system.

Saudi Water Innovation Centre: Engaged in their innovation program, with plans to potentially secure funding and deploy technology in the Red Sea.

Competitions and Milestones

XPRIZE Water Scarcity Challenge: Preparing for the $119M global competition to drive seawater desalination innovation. Submission of technical papers is due by end of April 2025. Milestones include:

• Producing 1 cubic metre of water per day for 2 weeks.
• Scaling to 100 cubic metres per day for a month.
• Achieving 1,000 cubic metres per day for a year.

IPO Plans

To pursue an IPO, we need to achieve key milestones, such as:

• Scaling QuenchSea 3.0 to multimillion-dollar revenues.
• Advancing offshore technologies to TRL 9, including a full-scale demonstrator or pre-commercialisation model.
• It’s important to note that IPO preparation is a significant financial undertaking, costing between $1M and $5M.

Social Media and Community

Our social media following across all channels now exceeds 50,000, reflecting growing engagement and brand awareness.

Web3 Integration

Exploring the launch of a utility token to bridge energy and the Web3 space. Investors would receive freely tradable tokens, enhancing engagement and unlocking new funding opportunities.

Please join us on:

Telegram channel - instant updates and join us on https://t.me/hydro_wind_energy

https://twitter.com/HydroWindEnergy

https://www.linkedin.com/company/hydro-wind-energy

https://www.instagram.com/hydrowindenergy/

Thank you for all your support.

Best wishes

Lee & Team