Posts Tagged "engineering"

3D Printing Technology Shines at the Olympics

3D printing technology at the 2018 OlympicsThe US Luge Team tapped 3D printing (also known as additive manufacturing) technology for the XXIII Winter Olympic Games in Pyeongchang, South Korea. Stratasys played a role in helping the US Luge Team go for gold by incorporating additive manufacturing into the sleds being used in this year’s games. However, this is not the first time that 3D printing technology has made an appearance at the Olympic Games.

The 2018  Pyeongchang Olympics

From the Stratasys blog: “The US Luge Team quickly realized the immense potential for additive to gain a competitive advantage and worked with Stratasys engineers to develop an entirely new process for fabricating their composite sleds. In a matter of days, they were able to design, print, and test prototype sled designs, which would normally take weeks or months using their existing processes. This allowed the team to drastically reduce the design cycle, which in turn, allowed for continuous improvement to create the fastest sled possible.”

One of the main competitive advantages of additive manufacturing is its ability for customization. The team saw the value in this, and had sleds developed that fit each of their bodies. “The design freedom from additive manufacturing enabled the team to create customized sleds that were tailored to each athlete’s body, which in turn, drastically improved comfort, ergonomics and most importantly, final performance. It’s really exciting to see how this technology will push the limits of human endurance for Olympic athletes.”

The 2016 Rio Olympics

3D printed apparel was in the spotlight during the 2016 Olympic Games in Rio. These apparel pieces were designed to be lightweight, reduce the amount of wasted energy given off by the athletes and enhance overall performance through custom designs. Examples of where 3D printing technology was used:

  • Nike’s 3D printed silicone protrusions that redirect air flow around runners
  • Adidas’ design suits created via 3D scanners, meant to help swimmers maintain form
  • Assos skinsuits created with 3D technology for the US cycling team
  • Brooks 3D creation of their running shoe, Hyperions
  • New Balance’s 3D printed prototype Vazee Sigma track shoes

BMW also made a splash at the 2016 Rio Olympics with its ability to track Olympic swimmers in the pool. The renowned car company, stepped off the road a dove into the pool with its LED driven motion system.

“The LED trackers will attach to a swimmers’ wrists, shoulders, hips, knees, ankles and toes through a 3D printed mounting system. The stroke and kick motion received by the coaching staff is an incredibly valuable performance tool as the data will aid in breaking down specific limb and joint angles to optimize performance.” (Sport Techie)

The 2012 London Olympics

During the 2012 Olympics in London, customized gear through 3D printing was just starting out.

“The British team was noted for wearing customized helmets, bespoke to each Olympic cyclist. Each of these helmets was based upon a 3D scan of the rider’s head and then 3D printed to verify that the fit of the final helmet would be perfect.” (Stratasys Blog)

Renowned swimming company, Speedo, used 3D printing to create goggles that have transparent parts and rubber-like parts printed in a single step. Optimizing design and streamlining the entire design process are just two of the major advantages of additive manufacturing.

As 3D printing technology continues to grow and advance, we expect to see athletes using it more and more to enhance performance and gain a competitive advantage.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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Four Common Startup Roadblocks to Success

hardware startupFailure is hard and certainly no one goes into building a startup thinking that they are going to fail—however, it happens. While failing is in no way enjoyable, that doesn’t mean that it does not have its benefits—in terms of learning what not to do. We can all learn from failure, we can even learn from other startup’s failures. Below are four areas where hardware startups have faltered. Making yourself aware of the challenges associated with each of these areas, you are more likely to make educated decisions that (hopefully) allow you to avoid failure altogether.

Wrong Design

Entrepreneurs are designers at heart—they want to design a product, methodology or experience for their target market. They have a brilliant idea and want to introduce it into the marketplace. Design failure can arise rather quickly if the startup founder is not willing to modify their original design idea to meet the needs of customers or manufacturing.

If your customers are asking for your product to function a certain way, feel a particular way or look a specific way, you are going to want to modify your design. At the end of the day, you want people to both purchase and enjoy your product.

When you are working towards commercialization of a product, the goal is to be efficient, minimize costs and get your product onto store shelves quickly—DFM (Design for Manufacturability) works to do just this. With DFM you work out any potential issues before manufacturing planning which saves both time and resources. If you fail to design your product with manufacturing in mind, you are making your startup extremely vulnerable to hefty manufacturing costs and even the potential that it is not able to be manufactured at all.

Reluctance to Get Prototype Feedback

Plenty of hardware startup founders refuse to let anyone see their product until it’s time to launch. Many are afraid that someone will steal their idea, that potential customers won’t like it until it’s perfect, or they want to get a big head start against the competition. Whatever the reason, failure to get feedback is often fatal for a startup.

Feedback is critical during product development. You aren’t going to know if you are on the right track without feedback from your target market. You are going to want people in your target market to test your product (not just family and friends). It is helpful to get feedback that is both honest and actionable. By creating an inexpensive prototype, and gathering feedback from it, you will be in a much better position as you build your product. This feedback loop is important until the final design is ready.

Product/Market Fit

It doesn’t help your startup if you have a beautiful product that works flawlessly if the market for it just isn’t there. For example, if you are positioning an electronic gadget for the 65+ year old crowd you are going to have a hard sell if they are not well versed in the latest technology trends, or if you are targeting the 18-25 year old crowd with a gadget that is overly cumbersome you are going to face an uphill battle. The solution to this is to find out what appeals to the target market you are aiming to capture and design/modify your product to grab and hold their attention.

Funding

This list would not be complete without the mention of funding. Funding is the primary stumbling block for a majority of startups. Developing, manufacturing and launching a product takes time and money. Whether you are turning to crowdfunding or looking for investors, you are bound to face a hurdle or two.

If your goal is to raise capital from investors, be prepared for rejection (a number of times) before you succeed. The process almost always takes longer than you think it will, so start early in your quest to find an investor.

If crowdfunding is your plan, be sure that you show up with a nearly flawless campaign. Your video, content and prototype need to be ready to go. Your goal is to show potential investors that you have a plan laid out, it is well researched and that you are ready.

Starting a hardware company comes with a unique set of challenges. If you can navigate these four common roadblocks, you will be in a much better position for a successful product launch.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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The Transformation of 3D Printing Technology

3D printingLess than ten years ago, the hype surround 3D printing technology was at an all-time high. The idea of each household having one led the news cycle. In hindsight, it is clear that this level of hype and the fever-pitch level of excitement was not sustainable or even realistic. There were far too many barriers for the technology to overcome, both technological and usability, before it could be in “everyone’s house”.

Over time the hype slowly diminished, and the technology began to steadily mature. Firms focused on 3D printing began to collaborate, merge and narrow their focus. Today, the future of the technology looks considerably different than it once did. Below are three areas of growth for 3D printing technology and a sign of where the technology is heading.

Industrial 3D Printing

3D printing is making its way onto the manufacturing floor. A recent survey from Jabil, found that “81% of manufacturers are using 3D printing technology today”. It seems that additive manufacturing has found its niche in mainstream manufacturing.

The fact that 3D printing has become so prominent with manufacturers, shows that companies are looking for ways to incorporate this technology into their product designs. Companies are no longer standing on the sidelines waiting to see how the technology matures, but are instead harnessing its design benefits and finding ways to use it themselves.

Material Selection

Where once the only material available was plastic, today there is an ever-increasing range of materials to choose from. The most prominent is still plastic (PLA, ABS, PET, PVA, Nylon) however, metals (steel, gold, silver, titanium), ceramic, and wood options are also quickly coming to market.

New and improved metal 3D printing will make a splash this year. “Metal 3D printing will become more and more of a necessity when solving specific manufacturing challenges and creating customized, complex end-use products.” (Engineering.com) We expect to see the range of materials available to continue to grow as the technology continues to advance.

End-Use Production Parts

Companies, such as GE, are making great strides in advancing 3D printing and its ability to produce end-use products. However, before 3D printing can really take off in terms of end-use production, there are some major barriers that need to be addressed. “Material properties, high costs, complexity, time to a usable part and location of a production-capable machine relegated to an additive manufacturing lab are significant barriers to the use of additive manufacturing in production.” (3D Printing Industry)

Products produced for consumers with 3D printing will be required to meet the same material properties (strength, surface finish, color) that traditional manufacturing has mastered. While it is most likely that end-use production won’t come to fruition in 2018, we can expect to see more companies finding ways of making this happen with one-off parts.

It is clear that additive manufacturing is here to stay. As it is now, this technology continues to excel with its prototyping capabilities and is a great compliment to traditional manufacturing.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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Early Product Design Challenges Facing Hardware Startups

3D CAD drawingBelow we discuss four common design challenges facing hardware startups today. It doesn’t matter what industry you are going into or if you are a first-time entrepreneur or serial entrepreneur, you are bound to encounter one or more of these challenges along the way. By understanding what lays ahead as you start your product development journey, you will be better equipped to successfully navigate it.

Originality

The marketplace today is vastly different than it was ten years ago. Consumers today not only want originality and authenticity in the products they purchase, they demand it. However, the thing about originality is that it’s hard. The rise of counterfeit goods, shows just how hard it can be to not only come up with an original business idea, but execute it correctly.

Hardware startups today are relying more and more on the experience and knowledge of their product designers to develop a product that is both externally and internally unique, completely original and visually appealing—so that it outshines the competition and stands out in the marketplace.

It is no secret that the one-size-fits-all approach to product design is losing its luster. Take the Futurecraft 4D shoe from Adidas for example. Adidas is known for its top-of-the-line athletic gear, and have shown that they understand that innovation is necessary with their recently unveiled 3D printed shoe. “3D printing allows the shoe company to unlock performance-enhancing design modifications that would have been impossible with other materials like foam.” (TechCrunch) By incorporating this cutting-edge technology into their design and manufacturing process, Adidas is introducing a truly unique and customizable running shoe into the marketplace.

Product Form

Consumers care about design—hardware startups need to focus in on their product’s physical form, properties and materials. As technology advances, products are becoming slimmer, more light weight and exceptionally durable—in turn, consumers are expecting these characteristics from the products they purchase, not just electronics anymore.

Along with advancing technology, material selection is also advancing. The material expansion with 3D printing alone is ever increasing, today you can expect to see a variety of plastics available for your design (PLA, ABS, PET, PVA, Nylon) however, metals (steel, gold, silver, titanium), ceramic, and wood options are also quickly coming to market.

Technological Advancements

As a startup your main goal is to design, manufacture and launch a product as quickly as possible to turn a profit. However, the vast technological advancements that help throughout the development process, can also be a double-edged sword. You must also design your product with future technologies in mind.

For example, the recent introduction of the Internet of Things (IoT), has created a vast network of interconnected consumer products that work and communicate with one another. Entrepreneurs that incorporate this type of technological foresight into their product design will no doubt have a clear advantage over those who disregard it and look at it as if it’s a passing fad.

Awareness

It can be a challenging enough for well-known companies to create buzz over a new product. For a hardware startup navigating a new industry, these challenges increase exponentially. Not only are you creating awareness around your product, but your company and brand as well.

The internet is a great place to start working on this buzz. Between your website design, social media, partnerships, and customer engagement, it is possible to grab the attention of your target market. More and more entrepreneurs are turning to creative mediums, such as podcasts, videos and interactive websites, to build their brand and launch their startup.

While launching a hardware startup can be intimidating, it is not impossible. Knowing and understanding the challenges facing startups, allows you to have a better idea of what to expect and plan accordingly.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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FAQ: The Basics of Intellectual Property and Manufacturing

intellectual property and manufacturingFirst-time entrepreneurs, and even seasoned entrepreneurs, have questions when it comes to protecting their intellectual property (IP) and moving forward with manufacturing. No two products are alike; therefore, a custom-tailored strategy is necessary when it comes to navigating these two areas of product development.

On the IP side, a decision must be made about what type of patent (design patent or utility patent) makes sense for the invention and budget. On the manufacturing side, everything about the design, even the smallest details, must be accounted for when selecting materials and where to manufacture the product. Having insight and answers early-on in the startup journey helps entrepreneurs understand the full spectrum of what it takes to bring a product to market.

Below we delve into the top three questions we frequently receive related to IP and manufacturing.

Do I need a patent to start my design?

You don’t necessarily need a patent to start the design phase of product development. Often, the design phase is done in parallel with the patent creation process and filing.

Drawings from the design are included as part of the patent application and can be used as attachments to your application. It is recommended to at least file for a Provisional Patent prior to disclosing any information about the product such as designs, prototypes, and specifications to outside parties. You will also want to have your patent in the Patent Pending stage before moving forward with any manufacturing or marketing initiatives.

How will you keep my intellectual property confidential?

Ideas are a “dime a dozen”, but the real intellectual property (IP) is what gets developed, not the idea itself. Developing the functional aspect of the idea is the difficult part. All information is kept confidential and disclosed strictly on a need-to-know basis with the client’s approval.

What process will be used for production manufacturing?

Before entering the production manufacturing phase, several things will be conducted to determine the most cost effective and price friendly option.  Material, surface finish, quantity, and post processing are factors in deciding the appropriate process for production manufacturing.

*This is the second piece in a two-part series, view part one here, FAQ: The Basics of Product Development.

We are happy to answer any additional product development questions you have, please email us at info@3d-innovations.com

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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Production Manufacturing Trip to China (Part 2)

FOG_Safe grease catchmentQuick recap: Our President, Collin Kobayashi, accompanied a client, FOG Safe, on a production manufacturing trip to China. They have returned to Hawaii, and are now discussing their recent trip to find the right manufacturing partner for the FOG Safe product, as well as the expectations of the trip versus what happened in this “Part 2” production manufacturing blog post. (View ‘Part 1’ here.)

Factory Visits and Deciding on a Production Manufacturing Partner
Let’s start off with, how was the trip?

[C. Kobayashi]: Traveling to the various factories was an exciting adventure for both myself and our client. Meeting factory management and touring the different factories is always exciting—no two factories are identical, so really getting to dive in and see the different manufacturing methodologies is a great experience.

[Client]: Seeing each of the factory’s capabilities really made a difference in deciding which factory is most capable of producing our product. Each had pros and cons, but at the end of the day, the one selected was based on 3D Innovations’ recommendation and my own impression of the visit.

What type of factories did you visit?

[C. Kobayashi]: We had the opportunity to visit with a handful of factories, both for product manufacturing as well as packaging manufacturing facilities.

What surprised you during this trip?

 [C. Kobayashi]: Improvements in manufacturing have come a long way. It was quite evident that manufacturing companies need to constantly upgrade their technologies to be efficient and competitive. During a few of the visits, we saw some advanced manufacturing systems that made them not only efficient, but able to handle large scale projects and track every stage of the process until the items were shipped out.

[Client]: I haven’t been to a factory before, so I wasn’t exactly sure what to expect. It was an entirely new experience for me. Visiting the various factories gave me a real comparison and I was able to see the differences, strengths, and weaknesses between each.

When you selected a final manufacturer, how did they stand out from the other factories?

 [C. Kobayashi]: Pricing will always affect the bottom line, but other factors are equally as important. All of these factors were taken into account when the final manufacturing partners were selected.

[Client]: A face-to-face meeting with these potential manufacturing partners really opened my eyes to see what goes on with the manufacturing process and what happens behind the scenes. Without these meetings taking place, it would have been a shot in the dark and hoping that the right manufacturer was selected.

What were the main takeaways from the trip to China?

[C. Kobayashi]: A few takeaways from this trip for me were seeing the various departments and logistics that handle the production process from start to finish. Being able to observe the entire process from machinery to quality assurance was an amazing conclusion to the project and development cycle.

[Client]: Trying to do this process without the assistance of manufacturing experts is impossible.  If doing this on my own, it would have been not only difficult, but there is a chance that I could have made the wrong decisions and ultimately sacrificed, time, money, and quality. I was fortunate enough to have 3D Innovations support the project from start to finish, and continually advising on the best way to bring our product to market.

What is the next step for the FOG Safe product?

[Client & C. Kobayashi]: Once molds are made, we will await the first samples and start full production quantities.

 

Have questions related to manufacturing a product internationally or locally? We are happy to help! Please send your questions to info@3d-innovations.com

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Production Manufacturing Trip to China (Part 1)

FOG_Safe grease catchmentOur President, Collin Kobayashi, will be accompanying a client, FOG Safe, on a production manufacturing trip to China later this week. We are often asked about the process of researching and procuring a manufacturing partner, so we have decided to delve deeper into the topic of “manufacturing partnerships” in a two-part post here on our blog.

In this first post we discuss the benefits of traveling to the factory and getting acquainted with both factory management and factory processes. In our second post, we will dig into the details of the expectations verses experience of our client.

Finding a Production Manufacturing Partner

This is our client’s first time manufacturing a product and they are eager to dive right into the manufacturing phase of product development. They have asked Collin to accompany them on this trip to assist in visiting and selecting a manufacturing partner. 3D Innovations has developed strong supply chains and manufacturing channels, both locally and internationally, over the years and is well versed in manufacturing partner selection. For many entrepreneurs, visiting a factory for the very first time can be overwhelming and intimidating, so having a partner present to help guide and explain the process is greatly beneficial.

Visiting the manufacturing facility has many benefits, the primary benefit is that the client gets to physically see where their product will be manufactured. Seeing the parts being molded in front of their eyes, gives them a deeper appreciation of the entire design process and practices that went into getting their product developed. Also, there is no substitute to a face-to-face meeting with the individuals that will be building the product and directly seeing the process in which it will be manufactured. At the end of a factory visit, such as this one, we find that clients often feel confident in their decision to begin the manufacturing phase of product development, accompanied with a huge sense of relief to have finally decided on and secured a manufacturing partner.

Depending on your individual product and the complexity of the design, factory visits are not mandatory or always necessary. However, after a visit you will have a better sense of what your product will look like in the end.

Do you have questions related to manufacturing a product, send us an email at info@3d-innovations.com, we are happy to help!

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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How to Avoid Common Hardware Startup Failure Traps

hardware

Yes, hardware startups fail and no, that doesn’t mean that yours will. By making yourself aware of the common reasons hardware startups fail, you are preparing yourself, your team and your startup to avoid these roadblocks. The adage may say that “hardware is hard”, but that doesn’t mean it’s impossible—we would even dare say that launching a hardware product has never been easier than it is today.

If you are in the preliminary stages of product development or still considering whether to pursue the innovative product idea you have, the list below will give you an idea on what challenges will arise and how to navigate the hardware landscape.

Not Considering DFM (Design for Manufacturability)

Design for Manufacturability not only matters, it can truly make or break your startup. DFM is the process of being proactive during the product design phase by considering the manufacturing stage of product development at the start of the design cycle. Early consideration of the manufacturing phase shortens product development time, minimizes development costs and ensures a smooth transition into production for quick time-to-market.

Overall development costs are minimized when DFM is utilized because the product design, from the onset, aims to reduce the number of parts that need to be manufactured which speeds up assembly. The entire goal of DFM is to produce a product that is easily and economically manufactured.

If you start down the road to product development without DFM in mind, you are embarking on a much more expensive journey that is full of delays and unnecessary frustrations.

Underestimating Product Development Expenses

Developing a product from scratch comes with costs. There are ways of minimizing costs, but you will still face expenses on the path to commercialization.

The cautionary tale of the Coolest Cooler shows what can happen when you don’t accurately estimate your costs—the company raised nearly $13 million dollars on Kickstarter, yet the Coolest Cooler almost shut down. The startup miscalculated not only costs, but their development timeline as well and ended up having a lot of angry customers and major delays.

Lack of Target Market Research & Validation

Research is vital—you should be constantly researching your target market and the industry you are venturing in to. Too many startups build their products in a vacuum, only to realize later that they are not meeting the needs of their targeted consumers.

Understand your customer base and obtain their feedback throughout the development process. This validation will not only allow you to modify your product to meet their needs, but to also validate each product iteration. At the end of the day, you want to be sure that you have customers that are as excited about your product as you are.

Unwillingness to Change Your Initial Hardware Product Idea

The product that you dream of developing might be drastically different than the product you end up developing. Your design might change because of customer preferences, manufacturing constraints or simply because there is a better and more streamlined design option. No matter what the reason, be open to change. It is great to love an idea, that is why you are embarking on this journey in the first place, but be prepared to modify that idea.

Wrong Manufacturing Partner

When the time comes to manufacture your hardware product, having the right manufacturing partner on your team makes all the difference. Speed, accuracy, reliability and open communication are all characteristics to look for when picking a contract manufacturer. Building a supply chain from scratch is challenging and the pressure is high to find the right match.

Make sure that you are evaluating factories that have proper documentation, strong referrals and the ability to communicate effectively and in a timely manner with you. Many startups realize that it is advantageous to work with smaller factories at the beginning so that their product gets the attention it deserves. A large factory that produces millions of parts a month might not be willing to take on smaller batches or give you product adequate attention.

Now that you are aware of these common pitfalls, navigating the hardware landscape just became a bit easier. If you still find yourself with product development questions, send us an email at info@3d-innovations.com, we are happy to help!

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Hardware Startups: Working in Lean Startup Mode

September 28, 2017

The very heart of the Lean Startup approach focuses on the overarching goal of producing a top-quality product (or service) and delivering it at a minimal cost while providing a great customer experience.  In the business world, and particularly with hardware startups, the Lean Startup approach is synonymous with creativity, risk taking and quick acceleration.

Here we discuss three reasons why your business, at any stage, should embrace the Lean Startup method for product development.

Create order. Organization and order are fundamental pieces of the Lean Startup approach. A detailed, organized and methodical approach to product development creates order and ultimately saves hardware startups time and resources—thus adhering to the Lean Startup principals.  “Using the Lean Startup approach, companies can create order not chaos by providing tools to test a vision continuously. Lean isn’t simply about spending less money. Lean isn’t just about failing fast, failing cheap. It is about putting a process, a methodology around the development of a product. (The Lean Startup Methodology)”

hardware startupsLearn when to pivot. Entrepreneurs understand that there is no shame in missing the mark with an initial idea, as long as you learn enough to pivot to something that works. “Successful entrepreneurs have found that the extreme uncertainty of a new product or service usually requires many course corrections, or ‘pivots’ to find a successful formula. (Eric Ries, author of the Lean Startup)”

Not all ideas are going to be great right off the bat, but with customer research, market feedback and adequate product testing you can build upon your initial idea and create a product that is true to the needs of your audience.

Continuous innovation. Startups embracing this lean approach understand the importance of failing fast and learning from past missteps. Quick adaptation based on customer feedback is something that lean startups thrive on. By continuous product testing and communication with the target market, lean startups can innovate at a rapid pace to meet customer needs.

With the help of the build-measure-feedback loop, startups are constantly gleaning new information about their product market fit and learning ways to augment the design so that the optimal, and most innovative, product is achieved.

Building a product is hard work—however, with the right tools in hand, strong partnerships and a “work smarter, not harder” business approach, you can successfully bring your product to market.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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The Benefits of a Provisional Patent Application for Your Hardware Startup

patent IPA provisional patent application early-on can be very beneficial for a hardware startup if your business goal is to either license your invention or proceed with a patent filing. Before we delve into the benefits of filing a provisional application let’s first define what a “Provisional Patent Application” is—According to the USPTO it is, “A provisional application provides the means to establish an early effective filing date in a later filed nonprovisional patent application filed under 35 U.S.C. §111(a). It also allows the term ‘Patent Pending’ to be applied in connection with the description of the invention.”

It is important to note that a “provisional application for patent has a pendency lasting 12 months from the date the provisional application is filed. The 12-month pendency period cannot be extended. Therefore, an applicant who files a provisional application must file a corresponding nonprovisional application for patent (nonprovisional application) during the 12-month pendency period of the provisional application in order to benefit from the earlier filing of the provisional application.” Once you file a provisional application the countdown clock starts ticking and your next move must be decided within the 12 month period.

As with any patent application, your application needs to be as complete as possible to be truly beneficial—this means that you must describe and document all variations, alternatives and permutations to your invention in detail. The best way of obtaining this critical information is by turning your idea into a functional prototype. A prototype will allow you to hold the invention in your hands, and make any necessary modifications to your final design. 3D CAD renderings and simulations will also help define the limits of your invention.

Below we discuss the two main benefits of a provisional patent application for your hardware startup:

Your Invention is Legally Protected

In the early-stage of product development inventors understand the importance of confidentiality and protecting their idea. While a confidentiality agreement will suffice when talking about your idea with engineering firms and licensing firms, investors can be slightly weary of signing one—and this can make things very difficult if you are seeking outside funding.

“Investors get proposals from many people and if they sign a confidentiality agreement with you, and another who has a similar idea, that could lead to liability on their part where there was no liability present absent them signing an agreement. (IP Watchdog)” Thus, if you want to show someone your invention without any legal protection, the pros and cons must be heavily weighed. If you have a provisional patent application pending though, you have defined your invention and it has a legal filing date, which makes discussing the invention with outside parties much less risky.

The “Patent Pending” Terms Can Be Used

“Patent Pending” is a term that is not only legally beneficial, but it gives your invention and your startup credibility. You are creating “perceived ownership” while defining the details of your idea. An idea that has been turned into a tangible invention (i.e. with a functional prototype) is more valuable when discussing potential licensing agreements and funding with outside investors.

The earlier you file a provisional patent application, the quicker you limit your exposure and prevent others from cutting off your rights (i.e. by filing for a similar invention before you do). The “Patent Pending” term shows that you have established priority for the idea/invention.

Developing a product should be viewed as a marathon and not a sprint. Taking your time early in the product development process to protect your invention will be immensely beneficial for your hardware startup later on.

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3D Innovations is a Product Development Company – from the 3D Design to a fully functional 3D Prototype & Product.

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