Home > 2009 Elevator Pitch Competition > AirTool Inc.
The AirTool is a revolutionary new snorkel, designed for swimming, snorkeling, and open water swimming events. The patented design allows the the AirTool to be molded to each users face for a comfortable ergonomic fit, whtile the dual tubes take breathing out of the equation, enabling you to swim at any speed accessing as much air as any land based activity.
We are seeking $500K to take advantage of the 100+ Million swimmers and triathletes in the market place to establish the AirTool as the ultimate swimming device. At a suggested retail price of $125 and a manufacturing cost of $20 per unit, breakeven will be achieved with sales of $2,600 units, and a valuation of $17 Million at a conservative 50% discount rate.