Advanced Blast & Ballistic Systems Ltd (ABBS) has developed patented platform technology that has vast potential across two very different sectors that have a combined projected value of around $80 Billion by 2035.
Over the past 10 years, Founder Roger Sloman, who was also the man who introduced carbon fibre to Formula One, has worked tirelessly with his team to devise world-leading technology for mine blast protection of civilian and military vehicles.
The technology can save lives, and following successful trials, ABBS is now in detailed conversations, with both the US and Israeli militaries.
The company has even signed an agreement with the US Army, to develop its military vehicle technology to Technology Readiness Level 6 - ready for certification work on US military vehicles.
ABBS’s technology is unrivalled and it’s now ready for certification and commercialisation. The order book currently stands at £280k and is set to grow quickly.
The ABBS story gets better however...
Passenger drones and flying cars are nearing commercialisation. Currently 13 companies are planning to launch air taxi services between 2020 and 2023, and Uber predicts that 5,000 Electric Vertical Take-Off and Landing, or eVTOL, aircraft will provide air taxi services in every major city in due course.
With the rapid development of eVTOL aircraft, ABBS Management have identified another massive opportunity for their technology.
Using the same principles of physics and with a few technical tweaks, inventor Roger Sloman could see that his technology could provide the framework for the safety systems of all eVTOL vehicles - a market predicted to top $74 Billion by 2035 and a market that is being aggressively pursued by the likes of Uber, Boeing, Airbus, Toyota, Intel and others.
With their patents already in place, ABBS is now working directly with regulatory authorities around the world, including the FAA in the US, CAA in the UK and EASA in Europe, all of which unsurprisingly are specifying the highest safety levels for unmanned flight technology.
Sitting alongside the regulators, ABBS is helping to develop the safety guidelines for the eVTOL sector, and the company has signed an MOU with Ballistic Recovery Systems (BRS) for joint market evaluation. BRS already supplies the great majority of whole aircraft parachute systems.
Thanks to their international patent portfolio and strong management team, ABBS is well poised to be the go-to technology for both mine-blast protection for the military, and the safety platform for eVTOL aircraft.
The eVTOL market they are addressing is a rapidly evolving sector, which could create an exit opportunity from any of the major players, such as Uber, Boeing or Airbus.