News on what members of Potent Voyager are doing

News on what members of Potent Voyager are doing

Postby SANEAlex » Thu Jan 26, 2017 12:34 pm

I know we have been mostly quiet for a long time but as they say space is not easy and although I still think its possible to succeed at the N-Prize within the generous rules laid out by Paul I think the cost of doing so will far exceed the prize money for all the development costs ground based support insurance etc etc. We looked into sponsorship and had no luck there. But as we thought and still do that we had a new way of getting into space cheaply we decided to continued working on the ideas we had with the aim of creating a patent that we could use to raise funds to develop a working prototype. As of this week we are now patent pending :D with a 100+ page patent application that has been worked on and refined over a number of years. So if things go well you will hopefully be hearing more about us over the coming months and year. And once we have achieved orbit on a slightly larger scale than the N-Prize needs we hope to refine the technology to a level where we can win the prize if nobody else has done so, though I suspect this will take 2 or 3 years from now providing we can raise the necessary start-up funds. In the mean time I will cheer on anybody else who is also still trying and makes an attempt at it, space is big enough for all of us.
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Re: News on what members of Potent Voyager are doing

Postby Jay » Sat Jan 28, 2017 5:03 pm

Congratulations to Potent Voyager on this "giant leap" forward (to borrow a phrase)! Compiling a complex patent application is one of the most difficult challenges in all legal writing; far more difficult than contracts, deeds, wills, acts of legislation or even judicial opinions. The fact that you devoted so much time and effort to this task is a clear sign that the members of Potent Voyager are wholeheartedly dedicated to turning ideas into hardware. Do you know when the application will be published?

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Re: News on what members of Potent Voyager are doing

Postby SANEAlex » Sun Jan 29, 2017 12:13 am

Thanks Jay for the congrats it has taken a long time and a lot of work just to get to the filing stage. Out patent attorney says it should be officially published by the patent office in about 18 months time. He also also says that we should be careful about disclosure before that without an NDA but its something we might have to do to get the funds needed to build a working prototype. The next few months are going to be very interesting but if we can't get a government grant or angel investor we will go down the crowdfunding route which will mean disclosing a lot of our idea publicly to persuade people that our idea is based on real known science and does have the potential to greatly decrease the price of accessing space doing so in an environmentally friendly way.
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Re: News on what members of Potent Voyager are doing

Postby Jay » Sun Jan 29, 2017 12:44 pm

Always listen to your attorney! Governmental grant applications for funding research and development routinely allow proprietary information to be withheld from publication and experienced trustworthy investors will respect the need for a non-disclosure agreement (NDA) as well. Don't be shy about insisting on one. NDAs are standard business practice in all areas of technological innovation. Any prospective investor who refuses to agree to an NDA should be scratched off your list.

Even if you must use crowdfunding, you can be completely frank with potential contributors to the campaign about the temporary need to withhold proprietary details. Keep in mind that the moment your application is published you will be free to discuss your innovations in complete detail with anyone without risk of losing your patent rights. Such a disclaimer might even serve as a "teaser" for your campaign contributors. Your attorney can help you determine what can be disclosed publicly and what must be kept secret until then.

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Re: News on what members of Potent Voyager are doing

Postby SANEAlex » Mon Jan 30, 2017 9:55 pm

You are not wrong about listening to our attorney its been a long hard frustrating slog at some times but I think the final product has been greatly improved by him asking us the right hard questions enabling us together to refine the fine details of the application.
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Re: News on what members of Potent Voyager are doing

Postby Delta_V » Sat Jun 30, 2018 6:57 pm

Any updates on the patent? Sounds exciting.
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Re: News on what members of Potent Voyager are doing

Postby SANEAlex » Mon Jul 02, 2018 9:16 am

Delta_V wrote:Any updates on the patent? Sounds exciting.


If all goes well our patent application should be published in late July by the UK patent office. We also applied for PCT protection at the beginning of this year, so that should we manage to raise enough money we can protect our idea on worldwide basis at least in those countries that have signed up to PCT. We are having a video made as we are also planing to do a crowd funding campaign to raise funds to build a working prototype to show how phase changing our idea is in a practical sense as well as in theory. Its been a long hard slog to get to this point, to use a card playing analogy we have been keeping our cards close to the chest but in the not too distant we hope to show everyone we really do have a Royal Flush.
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Re: News on what members of Potent Voyager are doing

Postby Jay » Wed Jul 04, 2018 8:48 am

Have you chosen a crowd funding platform yet? I'll be watching for it!

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Re: News on what members of Potent Voyager are doing

Postby SANEAlex » Wed Jul 04, 2018 2:12 pm

Jay wrote:Have you chosen a crowd funding platform yet? I'll be watching for it!

Jay


We are still filling in forms and editing our pitch on the https://www.seedrs.com/ crowdfunding platform so not quite yet ready for the go ahead especially as we need to redevelop our website and have get to the video finished with accompanying sound and voice overs etc. But despite the fact i should be selfishly saying save all your pennies to invest in us when we do eventually launch as we will be the bees knees phase changing level technology etc etc if you are interested in investing in crowd funding newspace startups there are currently a couple already available on crowdcube another equity crowdfunder

The Asteroid Mining Corporation is trying to raise funds so that they can build a prospector cube sat which i think is a plausible goal in these days of small cheap electronics so they might be worth a punt.
https://asteroidminingcorporation.co.uk/
https://www.crowdcube.com/companies/ast ... #providers

Zero2Infinity are also running a crowdfunding campaign and although i wish them well as i cheer on most people who actually do things in the space industry I can't with what i know, honestly recommend them as to me they only have a partial solution. But as the team on the space webcast TMRO https://www.tmro.tv/ say they are actual bending metal and were interviewed last year on their show. https://www.tmro.tv/category/tmrospace/orbit-10/ and we are still trying to raise funds to build our 1st physical proof of concept prototype.

http://www.zero2infinity.space/
https://www.crowdcube.com/companies/zer ... 20campaign

As we made clear with the statement below to the early investors who had signed NDAs and seen early drafts of our IP who enabled us to afford our PCT application and start working on our video presentation this a high risk area.

"You need to be aware this is a high risk investment with the possibility of high rewards in the medium to long term. Please do not invest any money you can not afford to lose. Although we are confidant in the science behind our concept we expect a number of challenges will arise during the development process. An example of a similar project is SpaceX , currently the worlds most successful rocket company now worth billions of dollars, when it was starting up it had its first 3 launches fail and if the 4th one had failed the company would have gone bankrupt and lost all of its investors money."

So i would not recommend betting your pension on any of these above or even ours as space is a high risk investment area it could be worth a punt if you have some cash to spare and you never know if you spread your bets one of the horses might come in at astronomical odds if you'll pardon the pun ;)
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So that we know what to do when the real giants come!!!!
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