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| Date post: | 14-Jan-2017 |
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Problem
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VisibilityRiders are not always visible to drivers and are easily missed in normal traffic conditions.
Accidents and CrashesThousands of motorcycle and bicycle related injuries and deaths per year.
Connected Car TechnologyCurrently connected car technology has limited focus on motorcycle & bicycle safety. LiDar only provides line of sight and neat proximity detection from vehicle sensors.
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Solution
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Connected Vehicle to Vehicle Safety TechnologyA connected car and mobile app technology which displays to the driver a location awareness alert for the presence of a rider.
SafetyImproves visibility of
riders to other vehicle beyond that of normal
line-of-sight and sensor- based systems
Data ScienceCollect and analyze real world data on actual vehicle and
motorcycle interactions.
InnovationAccelerates the
inclusion of motorcyclists & bicyclists in the innovation of connected car
technology.
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DriverApp
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Visual & AudibleA visual display of the proximity and position of the rider relative to the vehicle coupled with an audible alert indicator
Direct IntegrationCan be integrated directly into Apple CarPlay and Android Auto as well as built-in infotainment systems as product advances. Step change improvement over current vehicle sensor technology
Automatic StartApp auto starts and runs in the background during driving to prevent battery consumption and intrusion
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RiderApp
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Location BeaconThe rider app acts as the beacon by broadcasting the near real-time position and direction of travel data to the driver’s app
Mapping and DataApp tracks and maps routes and give crucial ride data.
Critical SafetyIt warns drivers of potential or imminent collisions keeping riders safe by eliminating the driver’s blind spots.
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Connected CarRevenue & Market Share
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By 2022 connected car safety systems will comprise the highest value in the
industry
$58.2Billion
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Business Case
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8.5MM Motorcycles, 150MM BicyclistVolume of avid motorcyclist and bicyclists in the US
350/30,000 Bicycle Deaths/InjuriesTotal number of bicycle related deaths and injuries per year in the U.S. caused by automobiles.
2,500/45,000 Motorcycle Deaths/InjuriesTotal number of motorcycle deaths and injuries per year in the U.S. caused by automobiles.
Approximate cost per year
due to motorcycle injuries and
deaths in the U.S.
$28Billion
27x Greater Accident Rate Likelihood of motorcyclist being involved in an accident in the U.S..
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MarketTraction
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InsuranceInsurance companies currently evaluating the technology to be used towards UBI (usage-based insurance) which will provide for lower premiums to drivers & riders, alike
MotorcycleIn discussions with both motorcycle & bicycle apps as well as Motorcycle OEM’s for incorporation into their cruiser infotainment systems offerings
Connected CarV2V Technology will not be in most cars on the road until almost 2040. Ridar is available now through the use of smartphone technology
AutomotiveAutomobile OEMs take a bit longer to adopt technology such as ours. These customers will take 2-3 years before incorporating new technology
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MarketAdvantages
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U.S. Patent PendingUS Patent Pending #20160232790Foreign Patent PCT/US16/17383 published
OEM/Tier 1 Supplier Enhanced V2V TechnologyOur technology enhances existing technologies and integrates with the technical direction of connected car initiatives. And, it is available now—not years from now
Insurance IncentiveInsurance Companies improve upon loss prevention due to such accidents
First to MarketFirst product of its kind specifically designed for motorcycle and bicycle rider safety
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successformula
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Line of sight and vehicle proximity sensors are helpful but Ridar Systems solutions goes
10 steps further with early detection and direction of travel data.
right product
Our customers are highly safety conscious and have long searched for every possible
opportunity for a safer ride.
right market
In the very near future connected car technology will become common place in the
vast majority of vehicles on the road. Coupled with the rapid advancement of
cellular technology the infrastructure is now in place for success
right now
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ManagementTeam
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Brent MasseySuccessful start-up
experience and holder of previous US
Patent 4,967,943.Technology background & Visionary behind this
technology.
Rider - BMW R 1200 GS
CEO & Co-FounderSteve Dann
20+ years in the Connected Car Industry with success in strategic
planning, business development, product
development, sales and business-to-business
marketing.
Rider – Mountain/Road Bicycling
Business Development
Chris ReichardVisionary technologist with
success startup and enterprise executive
experience. VP Engineering & Co-Founder
of Stratopy; CTO & Co-Founder of Biomatix
Systems.
Rider - Ducati Monster
CTO
