RAEKOR’s dual-use commercialization strategy is targeted at an annual military market of $25M for tactical, flight line and medical cooling. The military current buys evaporative cooling solutions in all services, but the solutions are bulky and do not lend themselves to expeditionary and mobile operations.
The Total Available Market for outdoor recreation is projected to be up to $500M per year; Raekor will provide a portfolio of life-style brand products that carry bragging rights at the favorite tailgate party, recreational sports game, or outdoor camping retreat activity.
Raekor provides a low cost, easy to set up, use and store cooling capability that protects workers prone to deadly heat injuries, increasing worker productivity and allowing for faster rest and recuperation cycles into to get back to the job or task at hand.
There are approximately 24,000 public high schools and 10,000 private high schools in the U.S., and over 1500 college sports teams. Millions of children play in recreational sports leagues in their communities.
There are between 50,000 to 100,000 formal wedding venues across the USA, and over 2 million weddings, considering that many towns and cities have multiple venues catering specifically to weddings.
Cooling solutions are critical for first responders, volunteers, and displaced individuals during disaster recovery efforts. Cooling is essential in temporary shelters set up for evacuees, and medical personnel often require cooling systems to maintain safe working conditions and patient care in the field. This means organizations such as FEMA, Red Cross and other NGOs and State and Local governments can benefit from the Raekor product lines.
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