Radix Marine Inc (fka RDXM)

[bb72mo]

MDSI
By Thomas on Thursday, February 16th, 2012 |
The Company
Maritime Defense Systems International, LLC [MDSI] is a U.S. Limited Liability Company based in Florida founded in 2009. The Company was formed to bring to market a Maritime Security system designed by the Company’s COO. MDSI currently has 3 employees in 3 locations. All employees and consultants are former, senior members of US Intelligence, Military, and Law Enforcement agencies.
MDSI has taken clear steps in preparation to enter this maritime security market.
1. MDSI has established close and continuing relationships with active senior Officers of both the U.S. Navy and U.S. Coast Guard. Both organizations have expressed complete support for the products and services developed and offered by MDSI.
2. Design of a patentable automated weapon system for sale and placement on-board commercial (and Government) ships required to transit waters where acts of piracy have been occurring and are beginning to occur.
3. Design of a patentable unarmed surveillance system that provides ships, whose owners choose not to arm, with an early warning system of pending or imminent attack by pirates.
4. Professional Security services to all commercial ships required by USCG or by Insurers in preparation of “Master Security Plan” to thwart acts of piracy.
5. Internationally, Naval assets of numerous nations are working to deter or respond to acts of piracy. These Navies do not have enough assets to patrol areas of piracy activity effectively. MDSI has executed an NDA, and is establishing a JV with Radix-Marine, (see http://www.radix-marine.com) located in Spokane, Washington. Radix Marine seeks to place our weapon system aboard an Unmanned Surface Vessel (USV) that Radix is under contract for. This USV has long range operational capabilities, and with its extremely high speed characteristic, this USV will be a force multiplier for Navies worldwide.
The Company is a new start-up company and has had no revenues. For the full fiscal year ending March 2010, MDSI is expecting revenues of $8.5 million and net earnings of $2.3 Million. To date, approximately $30,000 of personal funds have been invested by the COO in the development of the system.
The Market and Industry
The Company participates in the rapidly expanding requirement, worldwide, in maritime security/anti-piracy actions, which is expected to grow to approximately $1 billion in the next 5 years. MDSI estimates that there are approximately 250 petroleum/natural gas/chemical tankers and 500 cargo/container vessels whose owners will prefer to make the investment in our system instead of risking the possibility of their vessels being taken at the worse case scenario losing their crew and probably paying a multi-million dollar ransom.
In the United States alone, the Company estimates approximately there are no competitors and as the uniqueness of the system, based on advice from a patent attorney that once the Company files for the patent and receives its Patent Pending number there will be no competitor’s world wide having a system that can compete either in efficiency or price. The Company believes that within its specific niche, it currently holds an approximate 100% market share.


http://venturecapital-advisors.com/mdsi/