Invest in the Future of High-Current Electrical Contacts with Lux Veritatis
Our ambitious project centers on establishing a state-of-the-art factory dedicated to producing elastic contacts for high-current applications. Unlike traditional rigid contacts, our elastic contacts minimize electrical resistance, virtually eliminate heating losses, and deliver unparalleled durability. These benefits directly address key challenges in industries like renewable energy, electric vehicles, and advanced power grids.
Location: Trakiia Economic Zone
Corporate Tax Rate: 10%, Personal Tax Rate 5%
Project Profitability: Very High
Business Model
Our business model mirrors that of major players in the industry:
1. Initial investment in our own production facility and Research & Development (R&D) center.
2. Initial mass production of products or spare parts (DC contactors) based on our designs through third-party manufacturers, launching under our own brand.
3. Subsequent establishment of our own production facility to ensure stability in case of global changes.
This business model allows for a faster market entry while avoiding large upfront capital investments.
Technological Foundation for Great Ambitions
The core of our project is a game-changing technology: “Gold-Based Liquid Metal Contacts and Their Manufacturing Method for High-Current Vacuum Switchgear” — a new, industrially applicable, and scalable method for producing elastic contacts of any size and current capacity. This method, developed by Mykhailo Prytula in April 2024, opens up significant opportunities for establishing a factory and entering the market. A patent application was filed on April 28, 2024.
On October 25, 2024, we received an international search report from the World Intellectual Property Organization (WIPO) for patent application PCT/IB2024/054125 on elastic contacts for high-current vacuum switchgear. This report confirmed the novelty and inventive level of this solution, recognizing this method as an Invention.
The report states that “The invention contains new elements that were not known from previous patents. This practical and efficient solution not only improves the performance and reliability of high-current vacuum switchgear but also contributes to greater sustainability and economic efficiency.”
Project Viability
Elastic contacts have been used in research settings in several laboratories and for handling currents of millions of amperes in industrial equipment manufactured by BMAX for magnetic pulse welding systems. In Ukraine, these contacts underwent switching tests within general-purpose vacuum contactors at a specialized testing center.
However, until 2024, the production technology for elastic contacts was so costly that it prevented widespread application across various fields of electrical engineering.
Today, we have an exclusive, economically efficient technology for manufacturing elastic contacts, enabling their application in electric aviation, electric vehicle manufacturing, and solar energy.
Competitive Advantage
Our elastic contacts provide the following advantages:
– Reduction in Contact Resistance: Decreases contact resistance by 90% compared to traditional contacts.
– Low Contact Resistance: Less than 5 microohms at a compression force of 50 N.
– Low Compression Force: Requires 20 times less compression force compared to rigid contacts.
– No Contact Heating: Eliminates energy loss and the need for cooling systems.
– Self-Healing Contact Surface: Features a self-restoring contact surface.
– High-Current Capability: Can handle megampere-range currents without the risk of contact welding.
Financial Potential and Plan
We anticipate significant returns on investment due to low production costs and high demand for our product.
– Initial Investment: $25 million for the first product launch.
– Return on Investment: The factory is expected to achieve full ROI within 2-3 years post-launch.
– Product Margin: Expected margin is over 40% thanks to reduced costs in materials and manufacturing.
– Projected Revenue: More than $1.5 billion annually within five years, with continued growth as the market expands.
Markets and Potential
Market Overview: HVDC Contactors
Applications: Solar energy, electric vehicles (EVs)
Each electric vehicle uses a minimum of six high-voltage DC contactors rated at 450 volts or higher, three of which handle currents of 600 amps or more for primary contactors.
The main issues with current contactors on the market include high contact resistance, contact overheating, and limited lifespan.
EV Sales (Millions per Year) – Actual (2010-2023) and Projected (2024-2030)
This section would include a table or graph tracking historical and forecasted EV sales, highlighting the rapid growth in demand for HVDC contactors as EV adoption increases globally.
Examples of Devices with Technical Specifications and Price Vehicle DC Contactor
Typical specifications in comparison to elastic contacts (Price: €300):
| Specification | Standard Product, 800A | Elastic Contacts 800A |
| Power Loss Due to Heating | R=400 microOhm, 250 watt | R=10 microOhm, 10 Watt |
| Maximum Breaking Capacity | 1500VDC, 1000A, 1 cycle 1000VDC, 2000A, 1 cycle | 1700A — 60 cycles 2500A — 30 cycles |
| Terminal Temperature | 150 degrees | Not exceeding 60 degrees |
Market Evaluation
In 2025-2026, sales of 47 million electric vehicles (EVs) are projected, which will require around 140 million high-current DC contactors with a switching current above 500 amps. With an estimated market price of
€300 per contactor, the market volume would reach 140 million x
€300 = 42 € billion.
The design of these contactors is largely similar across manufacturers and comes with common issues. Elastic contacts pave the way for larger electric vehicles, buses, trucks, and combat vehicles (also known as AECV – All Electric Combat Vehicles), which will allow elastic contactors to quickly capture a market share, fueled by the expanding market.