Annual Status Report: 2022 In Review.
- YOY Metrics
- Current State
- Milestones
- Opportunities
- Risks
- Ask
YOY Metrics:
- Site Traffic: 2021: 651 Unique Visitors — 2022: 908
- Podcast Listens: 2021: 0 — 2022: 2648
- Medium Reads: 2021: 200 — 2022: 619
- Equity Offer Reads: 2021: 70 — 2022: 127
- Shares sold: 2021: 55 — 2022: 150 / 150k
Current State
- Cyclic WIP: Posting on Podcasts, YouTube, Medium, LinkedIn (Founder & Business pages) & r/startups for crowdsourcing investors.
- Deliverable WIP: Third peer review paper submitted in December, this time to the Journal of Electric Propulsion, verdict pending. PhD applied for, verdict pending. Industry CEO & potential investor network solidifying.
- Deliverables To Do: Simulink modelling. HD Explainer video. Business Model explainer article. 1 Podcast per quarter, less scripted and more natural.
- Realised Goal: First employee recruited, a talented motion designer who has delivered fantastic HD start to 2023.
- Next Goal: Secure VC-A funding. Recruit engineering staff and a social media manager.
- Burndown: N/A — Founder returned to full time employment to pay down the incurred $60,000 debt from 2022 full time business operation.
Phase 0. Milestones
- Goal 1: Business Readiness — 100% Delivered February 2022.
- Goal 2: Find Initial Funding — 0.1% Delivered.
Opportunity Assessment
- Acceptance of publication in the Journal of Electric Propulsion gives scientific credibility and a platform read by members of NASA’s JPL. The work is now at a stage of maturity where I applied for entrance to a PhD program and if accepted will be a key driver for success. The opportunity to name a novel propulsion method in a peer reviewed journal publication will give recognition of invention with the necessary scientific credibility.
- Web traffic has grown to almost 50% in the past year and organically sustained itself throughout the year as I stepped back to working full time for a pay cheque. Prior posts to social media generated continual web traffic now that a body of material is available. This traffic growth has lead to almost triple the total views of the Equity offer and 2 successful investor conversions that can be attributed to the development of YouTube content. The explosive podcast growth caught me entirely by surprise and I much prefer doing that to videos.
- As the early investor count grows it will give confidence to new investors and aid the later promotional campaign. Realisation of this opportunity could result in a snowball effect of media attention and investor engagement which may be used to secure federal and local grant funding as part of the Victorian & Australian Governments various Moon To Mars programs.
Risk Assessment
- Review of the submission to the IEEE Journal of Applied Superconductivity did not invalidate the project. The concept was deemed beyond the scope of that journal but the fundamental math was not deemed faulty in any way. The risk of invalidation will be entirely removed on delivery of the Matlab Simulink model. Supporting materials include over 600 academic references now, a 680 line excel design calculator and a 44,000 word detailed design paper.
- Burndown is no longer a risk, I had to return to full-time work as a mining engineer spending extensive hours underground while dreaming of satellites and solutions to problems competitor’s havent found yet.
- Intellectual property risk is low, I spoke to an IP lawyer and have a legally defencible inventors right in every country. A competitor may blanket steal the idea but there are issues I solved years ago they havent found yet. None of these critical details will be featured in promotional videos or material.
For any enquiries, please reach out to: contact@h-industries.io
Ask
People who see the long term potential that this idea has can help realise this dream by donating to the research angel fund below or purchasing shares from the equity offering.
I have worked on this project since 2015 solo, recruited the first staff in 2022 and am now offering shares in the company for the chance to hire engineering staff and build towards the next stage of humanities space faring civilisation. Your investment will help build a team of 7 to validate the business case, launch an Australian innovation company and forge the first steps on a very long path to interorbital shipping and eventually asteroid mining! H. Industries aims to be an ambitious orbital innovation business harnessing the potential of its platform and making a real positive difference for good in this world and off of it.
Thanks for reading, checking out any prior content and most importantly seeing the next step of the space industry: freight shipping. Your investment will help realise a dream that is inconceivable today and inevitable tomorrow.
Morgan.
Founder / https://h-industries.io
Youtube / Podcast / Pitch Deck / White Paper
6 Industries Ready For Interorbital Transport
Angel donations help to continue startup activities and research!
BTC: 1MkkavrLCwvqDbohXeGGtTzfab5FVbEiF4
For any enquiries, please reach out to: contact@h-industries.io
*nb. There is a slight cross-over with the 2021 report which tracked April 21 to April 22 for the first year of full time operation, this report resets that cadence the calendar year. All YOY metrics were counted according by calendar year.
Traffic Heatmap :o