Commercial jetliner traffic is forecast to grow by approxiamtely 5 percent per annum for the next 15 years. The Company's manufacturing process and machinery developed and constructed by large aircraft manufacturer. When Skycar is introduced commercially, a product demand for air transportable housing units, fabricated with composites honeycomb sandwich panel structures, will be created. Approximately 4 billion pounds of glass fibers are sold annually for composite use, compared with 30 million pounds of carbon fibers. A 5 percent consumption of carbon fibers by the company, in a 4 billion pound carbon fibers market, will supply 2,000 machines, when the carbon fibers are used to produce carbon fibers faced honeycomb sandwich panel products.
Opportunities exist currently with aircraft manufacturers to supply panels.
Commercial transactions can be completed based on completing specification tests for which key test specimens have been successful. Panel configurations used in corporate jet interiors have been sold in pilot transactions. Increased commercial sales can be initiated with fabricating an inventory of these panel configurations. The principal has 26 years experience as registered representative in securities brokerage. Plant operation will be 10 employees.