few screws l se m. few screws l se the team jack hargreaves - innovations matt williams – r&d/...

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Page 1: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

FEW SCREWSFEW SCREWSL SEL SE

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Page 2: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

FEW SCREWSFEW SCREWSL SEL SE

THE TEAMTHE TEAM

Jack Hargreaves - Jack Hargreaves - Innovations Innovations

Matt Williams – R&D/ Matt Williams – R&D/ FinanceFinance

Patrick McMullen – Patrick McMullen – Market ResearchMarket Research

Charley Warder – Chief Charley Warder – Chief EngineerEngineer

Tom Bates – Project Tom Bates – Project Manager/CADManager/CAD

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Page 3: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

UR UR PR DUCTPR DUCT

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Page 4: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder
Page 5: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

PLANSPLANS

Page 6: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

RIGINSRIGINS

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Chemical/ black powder Rockets

•Not re-usable•Safety issues?•Cost•Environmental issues

Air pumped rockets

•Lower cost•Larger market•Re-useable

Page 7: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

ST MP ST MP R CKETR CKET

C

•We wanted to incorporate the principles of self-righting flight, as used by Spaceship 2, upon its re-entry into Earth’s atmosphere.

•The Virgin Galactic Self-Righting Rocket(VGSRR)

Page 8: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

H W IT H W IT W RKSW RKS

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Elevons – how they work

How the model works.

Launch mode – high speedElevons kept flat

Flight mode – cruise speedElevons control flight

Page 9: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

C MPUTER C MPUTER AIDED DESIGNAIDED DESIGN

Using freeware Google sketch up we created a detailed 3d model of our product.

-Why we used it ( Ease of changes and are able to see finished product)

-To scale printouts were used to make the prototype.

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Page 10: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

MARKET MARKET RESEARCHRESEARCH

•Reviewed Competitive ProductsExcitementPrice

(Internet survey)

•School survey

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Page 11: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

APPEALAPPEAL

•Children•Adults

•Leading toy retailers very InterestedToys’R’UsToy MasterArgos

•Royal air force shops confirmed they would definitely stock this product.

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Page 12: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

C STSC STS

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Manufacturing & Design for Manufacture

Supply Partner – Refined Industries

Distribution & Shipping

Sea Freight - GSL

Full cost analysisBreak-evenSensitivity Analysis

(refer to Folio for details)

Page 13: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

ENVIR NMENTAL ENVIR NMENTAL

CONSIDERATIONSCONSIDERATIONS

•Restrictions on recycled material for toys.•Packing fully recyclable.•Sea-freight minimises carbon footprint.•No batteries or electronics to contribute to toxic land fill.

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Page 14: FEW SCREWS L SE M. FEW SCREWS L SE THE TEAM Jack Hargreaves - Innovations Matt Williams – R&D/ Finance Patrick McMullen – Market Research Charley Warder

CL SING C MMENTSCL SING C MMENTS

What does the Virgin corporation get What does the Virgin corporation get from this new product? from this new product?

• Profits from product sales Profits from product sales • Awareness of Virgin Galactic space Awareness of Virgin Galactic space

programprogram• Introduces the Virgin brand to a new Introduces the Virgin brand to a new

generation generation

Virgin = ExcitementVirgin = Excitement

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