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FLYKEART, A PURDUE
UNIVERSITY-AFFILIATED STUDENT
STARTUP, HAS DEVELOPED A LIGHTER
AND SMARTER GALLEY CART FOR

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AIRLINES.
IN THIS MONTH'S INNOVATORS WITH
DR. K, LEARN HOW FLYKEART IS
HELPING AIRLINES BECOME MORE

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EFFICIENT!
TAKE IT AWAY, DR. K.
>> THANK YOU, GERRY.
WE TELL ALL OF OUR PERSPECTIVE

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ENTREPRENEURS TO LOOK FOR A NEED
AND FILL IT WITH A SOLUTION.
I WELCOME THE CO-FOUNDER OF
"FlykeART."

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WELCOME TO INNOVATORS.
>> THANK YOU.
>> GREAT TO HAVE YOU HERE.
>> THANK YOU.

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>> I ALWAYS ASK MY GUESTS.
WHERE DID YOU COME UP WITH THIS
IDEA?
>> ME AND MY CO-FOUNDERS ARE

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AEROSPACE ENGINEERS.
WE FLY ALL THE TIME.
EVERY TIME WE ASK THE AIRPLANE
FOOD CART, AIR CART ENGINES,

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NOISE-FREE, EMISSION-FREE, 40,
50 YEARS, WHAT'S UP WITH THAT?
WE KIND OF RESEARCH, AND WE
DESIGN AIRCRAFT ENGINE, WHY

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DON'T WE GET INTO AIRPLANE FOOD
CART.
>> WHAT'S THE SPECIFIC PROBLEM
IT'S SOLVING?

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>> THE PROBLEM WE'RE SOLVING IS
THE AIRCRAFT WEIGHT.
AIRLINES ARE CURRENTLY
OVERSPENDING MILLIONS AND

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MILLIONS OF DOLLARS, BECAUSE
AIRPLANE FOOD CART ITSELF IS SO
HEAVY AND INEFFICIENT.
>> THAT'S THE PROBLEM WE'RE

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SOLVING.
>> EXPLAIN THE INNOVATION BEHIND
THIS.
>> SURE.

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CURRENT AIRPLANE FOOD CARTS ARE
25 TO 35 KILOGRAM.
OUR PRODUCT IS 8 KILOGRAM,
CONTAINING SAME AMOUNT OF FOOD

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AND SAME STRUCTURE.
RIGHT NOW, THERE ARE ABOUT
DOMESTIC FLIGHT UNDER SIX HOURS,
AND THEN SMALL PLANE CONTAINS

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ABOUT 30 CARTS, AND THEN JUST
ONE WAY WE CAN SAVE THEM $400
PER FLIGHT.
A LOT OF MONEY.

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>> IN FUEL.
>> THAT'S RIGHT, JUST THE WEIGHT
ITSELF.
THE CART ISN'T THE ONLY THING IN

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THE CABIN.
>> IT SOUNDS SIMPLE.
I'M SURE THE AUDIENCE.
WHY HASN'T THIS BEEN ATTEMPTED

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BEFORE?
>> TWO REASONS, THE AVIATION
INDUSTRY IS VERY CONSERVATIVE.
IT INVOLVES HUMAN LIVES.

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ANY INNOVATION, OR NEW
TECHNOLOGY, IS NOT AS EASY...IT
HAS TO BE THOROUGHLY CHECKED AND
CERTIFIED.

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THE SECOND REASON IS THE CURRENT
AIRPLANE PROVIDERS WORK ON MANY
DIFFERENT THINGS, AIRCRAFT ONE
WAY, LANDING GEARS, ROCKET

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ENGINES, ROCKET FUEL.
I BELIEVE IT HAS BEEN -- A
LITTLE BIT.
WE WANT TO TACKLE THAT AND FIX

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THIS ISSUE.
>> OVERLOOKED.
WHAT IS THE POTENTIAL MARKET?
I'M SURE IT'S OBVIOUS.

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>> WE WANT TO GET INTO THE
AVIATION INDUSTRY.
AIRLINES.
WE TALKED TO DIFFERENT AIRLINES,

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THAT IS GOING TO BE OUR
POTENTIAL MARKET.
WE ARE ALREADY IN THE MARKET.
>> IT IS GREAT THAT YOU'RE IN.

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CONNECTED.
POTENTIAL CAPITAL FUNDING?
>> SO FAR WE'VE BEEN GETTING
INTO PITCH COMPETITION, AND THE

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START OF ACCELERATOR, AND...THE
CENTER.
THOSE HAVE BEEN OUR MAIN SOURCE
OF FUNDING.

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BUT WE DEFINITELY WANT TO
WELCOME AND INVITE VCs, AND
ANGEL INVESTORS, AND HELP US
GROW.

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>> GROWTH POTENTIAL?
>> BRINGING NEW TECHNOLOGY TO
AIR TRAVEL.
THAT'S GOING TO OPEN UP SO MANY

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DOORS.
IMAGINE IF YOU CAN ORDER MEALS
THROUGH YOUR SMARTPHONE.
THE CART ITSELF IS ANOTHER

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THING, WHAT IF THE CART NEVER
HITS YOUR LEGS EVERY TIME IT
PASSES BY.
THAT'S ANOTHER THING.

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OBJECT AVOIDANCE, DEFINITELY
OPENING UP A LOT OF DOORS.
>> KEY STEPS THIS YEAR AHEAD FOR
YOU?

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>> WE ARE GETTING INTO
MANUFACTURE AND DISTRIBUTION.
SO WE DEFINITELY WANT TO WORK ON
HOW WE'RE GOING TO MAKE 8500 TO

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10,000 CARTS IN A DAY.
SO THAT'S GOING TO BE WHAT WE'RE
GETTING INTO.
THE MAIN THING WE'RE GOING TO

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WORK ON THIS COMING YEAR.
>> I GIVE PRESCRIPTIONS IN EACH
SHOW.
FOR YOU, I'VE COME ONE THE ABCS

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OF VENTURE GROWTH CHALLENGES.
THE A IS ACQUIRE CAPITAL, WHICH
YOU'RE GOING TO BE DOING, WHICH
IS GREAT.

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THE B IS BUILD A DISTRIBUTION
SALES NETWORK, WHICH, AGAIN,
YOU'VE MENTIONED, THAT'S THE
YEAR AHEAD.

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AND THE C IS CONSIDER STRATEGIC
PARTNERSHIPS IN THE AIRLINE
INDUSTRY.
YOU'RE ALREADY NETWORKING WITH

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THEM, YOU'VE GOT THEM
INTERESTED.
IT MAY BE STRATEGIC PARTNERSHIPS
THAT CAN REALLY HELP YOU.

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I HOPE THAT HELPS.
>> ABSOLUTELY.
>> WHERE CAN OUR AUDIENCE FIND
YOU?

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>> SO FAR OUR WEBSITE IS UNDER
PROGRESS BECAUSE OF PATENT
ISSUES.
FACEBOOK OR INSTAGRAM,

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"FlykeART."
>> GREAT, WISH YOU ALL THE BEST.
>> THERE YOU HAVE IT, GERRY, NEW
INNOVATION THAT CAN HELP THE

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AIRLINE INDUSTRY, IMPACTFUL FROM
INDIANA.
>> SINCE WE'RE TALKING ABOUT
GREAT YOUNG ENTREPRENEURS, ON

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THURSDAY, AUGUST 22nd, THERE IS
GOING TO BE THE INNOVATION
SHOWCASE AT THE HERITAGE GROUP
ON THEIR PROPERTY, THEY'VE GOT A

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BEAUTIFUL CENTER, THERE IS GOING
TO BE 20 NEW COMPANIES PITCHING,
10 IN ONE SEGMENT, 10 IN
ANOTHER, WITH A COUPLE OF KEY

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NOTE SPEAKERS.
FOR THOSE INTERESTED, THIS IS
ONE PLACE YOU WANT TO BE