Steven Burhoe
Orlando, FL (USA)
Role(s):
Fishox Systems, Inc.
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Startup
Location:
Orlando
Industry:
Manufacturing
Year Founded:
2006
Number Employees:
INVALID
Description:
We manufacture a one liter per minute oxygen concentrator for the recreational fishing market. We have a 1.2 million dollar contract with TH Marine to produce 3500 units over three years. THe first 500 are due in three months. The 100K will go to bulk purchase parts and fund the labor. Cost to manufacture with bulk purchasing (300-500 units) is $150 with wholesale price of $360. Current cost at low volume is $260.