 |
03-26-2006, 11:18 PM
|
#1 (permalink)
|
|
Junior Member
|
Investment Opportunity - RFID Project in the Aviation Industry
Hi all,
We, a team of engineers in HK, have just completed a RFID project in the HK Airport to track and trace Aircraft parts in the maintenance sites of the airport. We did the project at extremely low cost as we developed our own software and successfully negotiated with a RFID equipment vendor to on loan the equipment for our project. We are now going to start phase 2 of the project to add more RFID track points in the maintenance sites and later we are targeting to cooperate with different airlines to keep track of the maintenance history of the aircraft parts with a RFID tag on each aircraft part.
However, we are now facing the problem that we lack resources to continue our project as it is going to scale up and the cost of RFID implementation is still high at the moment. We are therefore trying to look for strategic partners/investors who are interested in RFID projects in the aviaiton industry to help us continue the project and realize the aircraft parts track and trace business.
1) What problem are we solving?
- To shorten the maintenance lifecycle of aircraft parts by increasing the visibility of the parts which help identify the bottlenecks in the maintenance process
- Achieving 100% item level RFID read rate even there are tens of metallic items on the pallet pass thru the RFID gate. We designed a special UHF passive RFID tag to solve this problem
- Reduced aircraft parts inventory
- Allow airlines to keep track of the maintenance status of the aircraft parts
2) How big is the problem in terms of pain and wasted resources?
- Delay in the maintenance lifecycle can cost a lot as it may involve sourcing of spare parts and/or delay of flights.
- A lot of manpower is required to locate an item in the maintenance site if it is not tracked by RFID
3) Is anyone else is solving the problem? What's their solution like?
Yes. Here is some summarized information:
- Mar 2005 – Boeing and Airbus proposed amending the ATA's Specification 2000 to include the use of ISO 18000-3 (13.56MHz) and 18000-6 (UHF), two air-interface protocols ratified as international standards by the International Organization for Standardization.
- May 2005 - Boeing Integrated Defense Systems has begun sending RFID tagged shipments to two U.S. Department of Defense supply depots, using the DOD's Internet-based Wide Area Workflow (WAWF) system to send advance shipping notices and electronic invoices. Passive UHF tags is used to tag crates loaded with aeronautical equipment such as parts for F-15 Strike Eagle fighter aircraft.
- May 2005 - U.S. aircraft manufacturer Boeing, completed tests of passive RFID tags on a cargo plane operated by FedEx, proving Passive UHF tags are safe for deployment on aircraft.
- June 2005 - Senior managers at the U.S. Federal Aviation Administration (FAA) have formally approved the use of passive radio frequency identification tags on individual airline parts.
- Oct 2005 - Boeing has announced that suppliers of many parts used in its 787 Dreamliner - a new family of high-capacity, low-emissions passenger planes—will be required to place RFID tags on the parts before shipping them to Boeing.
- Nov 2005 - The U.S. Navy completed a six-month field trial involving the tagging of more than 12,000 airplane parts and containers.
I believe the solutions being used in the US is quite alike the one we are using in HK. However our solution is of much lower cost and we already establsihed the relationship with the local industry. We have also solved the 100% read rate problem with our specially designed tag.
4) Are you personally experiencing this problem? Do you personally know anybody experiencing this problem?
Yes. The whole industry is trying to solve the problem.
5) If no one is solving the problem, how come?
RFID in aircraft parts tracking is still a new technology and most companies are still experiencing how should RFID be applied to solve the problem. Asia is relatively slow in pace comparing with US. It would be great if we can bring in strategic partners to continue this project with great potential in the future.
We are looking for any possibilities to keep the project going. We lack business skills and capital to take this further. Any advices or comments are welcomed.
Thanks!
Last edited by kysin8; 03-27-2006 at 02:42 AM.
|
|
|
|
03-27-2006, 04:09 PM
|
#2 (permalink)
|
|
Member
|
I recently stumbled on
I found a company that is going to be manufacturing RFID "items", I dont know much about the industry, that clip onto kids shoes, clothes, made in necklaces. They plan on selling them wholesale is there a market for this type of product residentially?? I like the technology I think it would be great for business inventory, does that make it just as good to put on our kids?
|
|
|
|
03-27-2006, 07:50 PM
|
#3 (permalink)
|
|
Junior Member
|
RFID for Kids
Hi Justin,
Such products are already available in the market. You may go to http://www.remoteplay.com to have a look on their products which tag kids, laptop, cellphone, etc. I believe there is a market for such products. However, the price for the products are still quite high at the moment even it is already manufactured in China.
Regards,
Ryan
|
|
|
|
04-11-2006, 10:51 PM
|
#4 (permalink)
|
|
Junior Member
|
Quote:
|
Originally Posted by kysin8
Hi all,
We, a team of engineers in HK, have just completed a RFID project in the HK Airport to track and trace Aircraft parts in the maintenance sites of the airport. We did the project at extremely low cost as we developed our own software and successfully negotiated with a RFID equipment vendor to on loan the equipment for our project. We are now going to start phase 2 of the project to add more RFID track points in the maintenance sites and later we are targeting to cooperate with different airlines to keep track of the maintenance history of the aircraft parts with a RFID tag on each aircraft part.
However, we are now facing the problem that we lack resources to continue our project as it is going to scale up and the cost of RFID implementation is still high at the moment. We are therefore trying to look for strategic partners/investors who are interested in RFID projects in the aviaiton industry to help us continue the project and realize the aircraft parts track and trace business.
1) What problem are we solving?
- To shorten the maintenance lifecycle of aircraft parts by increasing the visibility of the parts which help identify the bottlenecks in the maintenance process
- Achieving 100% item level RFID read rate even there are tens of metallic items on the pallet pass thru the RFID gate. We designed a special UHF passive RFID tag to solve this problem
- Reduced aircraft parts inventory
- Allow airlines to keep track of the maintenance status of the aircraft parts
2) How big is the problem in terms of pain and wasted resources?
- Delay in the maintenance lifecycle can cost a lot as it may involve sourcing of spare parts and/or delay of flights.
- A lot of manpower is required to locate an item in the maintenance site if it is not tracked by RFID
3) Is anyone else is solving the problem? What's their solution like?
Yes. Here is some summarized information:
- Mar 2005 – Boeing and Airbus proposed amending the ATA's Specification 2000 to include the use of ISO 18000-3 (13.56MHz) and 18000-6 (UHF), two air-interface protocols ratified as international standards by the International Organization for Standardization.
- May 2005 - Boeing Integrated Defense Systems has begun sending RFID tagged shipments to two U.S. Department of Defense supply depots, using the DOD's Internet-based Wide Area Workflow (WAWF) system to send advance shipping notices and electronic invoices. Passive UHF tags is used to tag crates loaded with aeronautical equipment such as parts for F-15 Strike Eagle fighter aircraft.
- May 2005 - U.S. aircraft manufacturer Boeing, completed tests of passive RFID tags on a cargo plane operated by FedEx, proving Passive UHF tags are safe for deployment on aircraft.
- June 2005 - Senior managers at the U.S. Federal Aviation Administration (FAA) have formally approved the use of passive radio frequency identification tags on individual airline parts.
- Oct 2005 - Boeing has announced that suppliers of many parts used in its 787 Dreamliner - a new family of high-capacity, low-emissions passenger planes—will be required to place RFID tags on the parts before shipping them to Boeing.
- Nov 2005 - The U.S. Navy completed a six-month field trial involving the tagging of more than 12,000 airplane parts and containers.
I believe the solutions being used in the US is quite alike the one we are using in HK. However our solution is of much lower cost and we already establsihed the relationship with the local industry. We have also solved the 100% read rate problem with our specially designed tag.
4) Are you personally experiencing this problem? Do you personally know anybody experiencing this problem?
Yes. The whole industry is trying to solve the problem.
5) If no one is solving the problem, how come?
RFID in aircraft parts tracking is still a new technology and most companies are still experiencing how should RFID be applied to solve the problem. Asia is relatively slow in pace comparing with US. It would be great if we can bring in strategic partners to continue this project with great potential in the future.
We are looking for any possibilities to keep the project going. We lack business skills and capital to take this further. Any advices or comments are welcomed.
Thanks!
|
Hi Friends,
I am Praveen from India started a software company recently. My company provides Software solutions, development, network solutions . We are interested in RFID implementation in India. We would like to implement this technology in retail and manufacturing units here.
our website www.stalwartsolutions.co.in is under construction .
We are experts in School Automisation softwares, Franchisee Automation software, Retail softwares etc.
reply me if you would like to become our partners to implement RFID in India.
regards
praveen
|
|
|
|
04-18-2006, 03:58 PM
|
#5 (permalink)
|
|
Junior Member
|
Capital Available
My name is Joseph Wargo, CSMC, and I am an Associate of WGFG, Inc. of Dallas, Texas.
For over 10 we have specialized in providing selective financial services principally to emerging growth entities that have specific money needs.
In conjunction with, and through our Investor, we can provide promising companies with investor equity or debt, acquisitions, mergers or divestitures, strategic alliances, and any preparatory financial consultancy.
Our primary focus, however, is providing $1,000,000 to $10,000,000 investor equity to firms that show $3MM to $75MM in sales, have at least three year operating history, and have solid management in place.
Our fees are paid only upon successful completion of a funded project.
I would like to take the opportunity to call you to further explore any requirements you may have, presently, or perhaps will have in the future.
Please contact me at your convenience.
Yours truly,
Joseph Wargo
Certified Specialist in Management Consulting
email: jwargo@busbuilders.com
512-567-3143
|
|
|
|
 |
| Thread Tools |
|
|
| Display Modes |
Rate This Thread |
Linear Mode
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|
Navigation
Register! - Join Now - It's Free
Registration at YoungEntrepreneur.com is completely free and takes only a few seconds. By registering you'll gain:
- Full Posting Privileges.
- Access to Private Messaging.
- Optional Email Notification.
- Ability to Fully Participate.
To Register now click here
Quick Register - It's Free
Need Business Services?
Latest updates from the YE blog!
Premium Memberships
We will soon be offering a Premium Membership with added benefits and access to exclusive services, support and solutions. To be informed on when this launches click here
Forum Sponsors
|