Introduction
New 3D Technology, Inc. (N3T) of Rochester, NY has over 30 years of experience refining 3D displays. We believe that the Company is now on a mission and has a viable path to become a world leader in the potential transition to viewing on glasses-free 3D display screens for motion and still images.
N3T innovations allow workers to be in a more productive mode with no loss of resolution or brightness from conventional monitors and without special glasses. 3D studies conducted with NASA revealed an 18% improvement in pilot situation awareness.¹ A N3T monitor at home will show programs and games with real world image depth, just as experienced in life outside the display.
The goal of the Company is to license the innovative technology to monitor manufacturers (e.g., ASUS, Vizio, etc.) who have contacts and access to distribution channels to collect recurring royalty payments from branded sales. According to our calculations, the size of the market that this business model accesses is estimated to be over $4B.
company highlights
- Entered into approximately $1M contract with US Air Force to build a prototype monitor, which the USAF is using to explore 3D applications in the Research Labs
- March 2019 — redirected company mission from being a lifestyle company completing projects to commercializing displays as monitors and TVs
- Delivered a working 3D monitor with viewer tracking capability to create best image for a moving viewer
- Completed sales to commercial customers with follow-on projects expected from their customers
- Large market with 340M devices sold every year.² A N3T 3D monitor could be sold in their place.
- Multiple contacts from product developers that want a 3D display in their product
- Transition to a licensing model may result in potential re-occurring royalty payments
- N3T's 3D technology has been the subject in articles by NASA and Tech Briefs
- 30 years of experience developing and refining technology for 3D display
- Contracted by NASA to build a display to improve pilot safety
- Patented (3) display technology
our problem
The desire for 3D has always been very strong. Other efforts at 3D displays required special glasses, special display equipment, or proprietary software and systems, all of which have proven highly unpopular and unacceptable.
There is high interest in the military to improve performance and situational awareness and commercial applications, where 3D would improve productivity (e.g., engineering/design, medical imaging) and for consumer use, starting with games. In virtually all cases, uncomfortable and inconvenient glasses or head mounted gear are used now.
Most other methods that deliver 3D are compromised, particularly with regard to image resolution and display brightness.
Solution
N3T solves these needs with two models of glasses-free 3D displays:
- Smaller optimal viewing area in front of the screen (best used by system operators)
- Displays the optimal image over a larger viewing area that allows the user more movement in front of the display
In addition, Company products allow a monitor to easily switch from 3D viewing to the familiar 2D display on the same device. So an N3T monitor could be used where any current device is in use and be used as current monitors are now with no loss of performance and the addition of high quality 3D capability.
Thus, where more than 340M 2D display devices are now sold each year (over 140M monitors and 225M TVs), we believe a N3T technology monitor could be purchased.²
THE LONG AWAITED FUTURE IS HERE!
Business model
The Company is pursuing a go-to-market plan that goes from sales to military to commercial, then to consumer, which we believe could leverage gaming to enter the household. While the price is reasonable and acceptable to the military now, the company envisions this enabling the price to become more acceptable to homes. N3T has already completed commercial sales and is fielding many prospective projects with customized business uses.
Initially, N3T plans to outsource production of glasses-free 3D monitors with the Company’s brand name to sell to military and to seed commercial and gaming markets. N3T anticipates revenue being product-sale based.
The Company plans to move to license the technology to name brand monitor and TV manufacturers to collect annual royalty payments. Through these efforts, there is belief that this will enable much higher volume of sales and more royalty payments.
Market
With both 2D/3D capability in the same device, the entire currently sold monitors and TVs are potential targets for a 3D capable display. This market is over 340M devices sold each year, valued at $222B annually.²
While this market is expected to show modest growth (approximately 1% per year), various market experts projected an annual increase to be between 15% to 28%.³ This represents projected growth to over $100B by 2028.
testimonials
team
Use of Proceeds
If the offering's maximum amount of $1,070,000 is raised:
| Use | Value | % of Proceeds |
|---|---|---|
| Product Testing | $75,000 | 7.0% |
| Project: Final Design of Tracking Model | $215,000 | 20.1% |
| Design Chip to Mix Dual Video Feeds | $40,000 | 3.7% |
| Engineering Hire | $125,000 | 11.7% |
| Sales Contract | $80,000 | 7.5% |
| Salary- Current Employees, Benefits | $200,000 | 18.7% |
| Reduce, AP | $40,000 | 3.7% |
| Build Product for Sale | $40,000 | 3.7% |
| Molds for Plastic Exterior Parts | $100,000 | 9.3% |
| Expand Product Portfolio | $102,570 | 9.6% |
| Intermediary fees | $52,430 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Stock, under registration exemption 4(a)(6), in New 3D Technologies, Inc.. This offering must reach its target of at least $10,000 by its offering deadline of January 30, 2023 at 10:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Jan 31, 2023Primary offering finalized, selling shares
- Nov 14, 2022Hi Nicholas: Thank you for your question. Our...
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