Transcript source
Emu Systems Demo Day PitchTranscript
EMU Systems
[Image appears of a half circle moving up the screen to eventually show a full white circle, and text appears inside the circle: 2030]
Narrator: Climate change is here.
[Camera zooms out to show the circle above a city, and then the image changes to show melting footprints, and text appears inside the circle above the city: $2.3 trillion]
By 2030 extreme heat will cost the global economy more than $2.3 trillion dollars annually, all because people are overheating.
[Images move through to show a traffic cone, a person playing tennis, and a tennis racquet and ball on the tennis court]
Working outside or playing sport in hot weather causes body temperatures to rise which can lead to dehydration, heat stroke and death.
[Music plays, and the image changes to show a thermometer showing a red line gradually moving up to 45C and then the red line exploding out the top of the thermometer, and text appears: 45C]
Existing technology can tell us how hot it is but can’t help us mitigate problems before they happen, until now.
[Image changes to show the EMU Systems logo on a blue screen]
EMU Systems is a frontline defence in the fight against heat stress.
[Image changes to show the EMU Systems device showing various linked sensors and symbols, and text appear around the device: Wind, Humidity, Radiant Heat, Temperature, Pollution]
A patented plug and play device that uses high accuracy IoT sensors to measure critical environmental data in real time.
[Image shows the device moving down the screen, and text appears above: Measure, Integrate, Action]
The data is run through proprietary thermo-physiological models and machine learning algorithms,
[Image changes to show a desktop computer showing various diagrams provided by the device]
then presented in easy-to-use software that displaces specific heat stress risk score,
[Image changes to show a view looking down on a tennis player, and then the camera pans up and over looking down on the tennis court, and then showing a side view of the tennis court]
plus evidence-based strategies to keep everyone safe and performing at their best.
[Image changes to show cranes over a high-rise building, and then the image changes to show a half circle gradually sinking out of sight on the screen]
From major events to outdoor worksites, EMU Systems is making heat stress a problem of the past.
[Music plays, and the image changes to show the EMU systems logo, and text appears: EMU Systems, emu-systems.com.au]
[Image on screen is of a tennis player using a rolled towel to cool down. Over the image is text: EMU systems. Removing the stress from heat stress management. To the left of the screen is Grant Lynch.]
Grant Lynch: One of us is going to die. These were the words of Russian tennis player Daniil Medvedev during the US Open quarterfinals last year, with play continuing under stifling conditions. Now a major tennis tournament is a clear example of the impact that extreme heat can have on the human body. But more importantly, what can happen when organisations can't answer the question “How hot is too hot to act?”
Good afternoon everyone. My name is Grant Lynch. I'm here representing team Emu Systems, where we believe every heat related death is ultimately preventable, and are determined to make heat stress a problem of the past.
[Image on screen changes to an image of a worker in high-vis using a radio. Heading: Heat Stress. There are three icons with text below: 500,000 deaths each year, $2.4 trillion USD cost in lost productivity, 80 million full time jobs.]
Now this problem isn't just contained to sport. As we all know, our planet is getting hotter and it is having clear impacts on the way we live, the way we work and the way we play. If you open your news feed right now, you'll see heat waves sweeping across Southeast Asia that are shutting down schools and grinding construction sites to a halt. It is conditions like these that cost 500,000 lives every year and are projected to cost the global economy more than $2.4 trillion by the end of this decade, and all because people are overheating.
[Image on screen changes to a portable weather sensor with the heading: Environmental Monitoring. Parts on the sensor are labelled: Radiation, Wind Speed/Direction, Temperature/Humidity, Air Quality.]
Well, here at Emu Systems we have the solution to take the stress out of heat stress management. Our patented portable devices measure in real time the level of heat stress that people are exposed to.
[Image on screen changes with heading: Heat Stress Management Solution. Below are three sets of graphics labelled: Real Time Monitoring, Live Risk Tracking, Actions to Take.]
This information is then integrated into software that explains to organisers what the level of risk is, but most importantly, what they can do about it. This will ensure that these organisations stay safe and productive.
[Image on screen changes with heading: Market Traction. Below to the left are three notes: Signed agreements with four large Australian sporting organisations; Robust, patented hardware; Ongoing discussions with additional market segments. There is an orange circle with text: $590,700 total revenue. To the right is a graphic of a stadium and above it are the logos for Australian Open, NRL, Australian Olympic Committee, Cricket Australia.]
In fact, we have already demonstrated traction in one of the most demanding environments on the planet, elite sport. Our current customers that include Tennis Australia, the NRL, Cricket Australia and the Australian Olympic team all trust our technology and solution to help manage the safety and performance of their athletes. Now this success has led to initial conversations in manufacturing and education to help bring our solution to a wider market.
[Image on screen changes with heading: Founding Team. Below are four headshots labelled from left to right as Dr Grant Lynch, Mr John Eisenhuth, Professor Ollie Jay, Dr Federico Tartarini. At the bottom of screen is the logo for The University of Sydney and Emu Systems.]
And I'm here to tell you that our team is ready to take this technology forward. Collectively, we combine deep expertise in physiology, engineering, design, software development and business to offer complete peace of mind to our customers.
[Image on screen changes with heading: Business Model. Below the heading are three icons. In the middle is Emu Systems. To the left is Policy Development. To the right is Monitoring and Risk Tracking.]
Our team is spinning out from the University of Sydney and our focus will be to expand on our customer base in sport, both nationally and internationally, before validating our next vertical in a occupational segment. Right now we consult with our customers to help develop their policy. We are moving towards a scalable heat management as a service business model that bundles our hardware and software together in one subscription.
[Image on screen changes with heading: Investment Opportunity. Below this is a circle style pie chart with text in the middle: Funding sought AUD $1.5 million 24 month runway. On the outside the sections are labelled showing the breakdown for Founding Team, Advisors, Product Development, Facility Setup and Operating Expenses. Notes on the bottom left of screen: Key Milestones, Established supply chain, 25 Hardware units available for lease, 10+ contracted customers.]
We have a growing backlog of customers who need our solution right now. To deliver on this we are raising $1.5 million in pre-seed funding. We want partners who want to join with a team who are building solutions to help our planet adapt and thrive, not just survive in a warming world.
[Image on screen changes to a graphic of a tennis player on a court viewed from overhead with text: EMU systems. Dr Grant Lynch, Chief Executive Officer.]
Thank you very much.
[Image changes as Grant exits the stage on the left. Image on screen changes to a shot of the team from EMU systems with a QR code and logo for The University of Sydney]