Repurpose and reuse of excess industrial & agricultural technical fibers by intercepting them from landfill and transforming them into high performance nonwoven wet laid preforms for usage in composite manufacturing for transportation automotive, aerospace, marine, construction, defense and sports & leisure markets; while maintaining double the length of the fibers in contrast to competition to achieve maximum performance.
The composite industries have thrived towards sustainability by leveraging the materials strength vs weight to reduce emissions from trains, planes, boats and vehicles. But in the process they generated a large volume of landfill materials from their post industrial excess of technical fibers. in carbon fiber alone, the excess is estimated at 42 thousand metric tons per year. That is about 92.6 million lbs a year of lost resources and supplies at an estimated value > $1B per year. Then you add to it the post consumer waste and the reclaimed fibers that comes in chopped format to expand the problem.
In order to repurpose these fibers to a useful format, we adjusted a nonwoven machine to process a non-precise cut fibers at length up to 2 inches, and converted the landfill intercepted material into nonwoven fabric at high speed and cost affordability that enabled the usage of Reinforced Composites in commodity application, increasing the value of the materials from $1B in waste to $15B in supply chain. This innovation provided us the ability to access more supplies and to produce better performing reinforcing fabric in contrast to competitors. We extended the application beyond carbon fiber to other synthetic and natural fibers such as glass, aramids, basalts, hemp, flax, kenaf, etc... to reach a bigger audience and more markets that enable rapid growth.
The Endeavor Composites team combines diverse expertise and extensive technical experience, operational excellence, and strategic vision. With leadership spanning materials science, engineering, finance, and business development, Endeavor Composites is perfectly positioned to deliver transformative technologies and achieve success in its target markets.
Dr. Hicham Ghossein Technology inventor, Founder, and CEO, brings visionary leadership and deep expertise in advanced materials.
Peter Shpik, CTO, has 40 years experience with extensive knowledge in composite materials and manufacturing technologies.
Tyler Krutzfeldt, CFA, serves as Chief Financial Officer. His financial acumen and strategic insight ensure the company maintains financial stability, secures funding, and achieves sustainable growth.
John Landsbaum, leading Business Development, is instrumental in forging strategic partnerships and expanding the company’s reach.
Matthew Sausen, a full-time Mechanical Engineer, contributes specialized knowledge in design optimization, ensuring the company’s manufacturing innovations are both efficient and reliable.
Cory Strunk, Chief of Staff, brings organizational efficiency and operational oversight.
The go-to-market strategy focuses on leveraging innovative composite materials to target aerospace, automotive, and sustainability-driven markets. Initially, the primary focus is the aerospace sector, particularly unmanned aircraft manufacturers, supported by Air Force SBIR/STTR grants to validate technology and establish credibility.
The secondary market is the automotive sector, with opportunities to expand into sustainability-focused industries through the reuse of post-industrial fibers. The company offers up to 60% cost savings and superior performance with its nonwoven fabric, featuring an industry-leading fiber aspect ratio of 5200. Its ability to incorporate post-industrial fibers enhances sustainability, while automotive-inspired manufacturing speeds provide a significant production advantage.
Strategic partnerships are key, including collaborations with the Air Force, research institutions, OEMs, and Tier-1 suppliers to co-develop applications. In the short term, the focus is on completing projects, securing patents, and delivering prototypes. In the mid-term, Endeavor Composites will scale production to support large-scale operations, explore licensing and joint ventures, and target automotive adoption. Long-term plans include expanding into civilian aerospace and creating a sustainability-focused product line.
Operational efficiency is driven by lean manufacturing and three-shift operations, with investments in automation ensuring scalability and high-quality standards. Marketing efforts will emphasize technical achievements and sustainability through white papers, conferences, and digital outreach.
Sales efforts will focus on direct outreach to Tier-1 suppliers, supported by partnerships and continued government contracts. Key metrics include prototypes delivered, contracts secured, cost reductions achieved, and market expansion.
With this strategy, Endeavor Composites is positioned to scale its innovations effectively and maintain a competitive edge.
As mentioned earlier Endeavor Composites generated a total of $3,393,624.34 since its inception, and it is set to match its 2024 revenue in January 2025 alone. The company has generated revenues through government grants, joined R&D services with client through strategic partnerships, and direct sales of produced goods
We are seeking a Series A investment of $10 to $12 million to propel Endeavor Composites into its next phase of growth. This funding will enable us to upgrade our operations significantly, increasing our production capacity from 100,000 square feet per day to over 1,000,000 square feet per day. It will also allow us to advance our technology readiness level from TRL 7 to TRL 8, bringing us closer to full commercialization and broader market adoption. A key part of this expansion involves tripling our personnel. We plan to build a robust team that includes additional sales and marketing professionals, as well as a dedicated branding team to strengthen our market presence and support our business development efforts. These hires will ensure we can not only meet the increased production demand but also effectively position our innovative materials in high-growth markets like aerospace and automotive. This investment will accelerate our journey toward becoming an industry leader in advanced composites, delivering both transformative products and exceptional returns for our stakeholders.
In the past five years the technological growth followed a steady stream towards commercialization. The technology was advanced from a lab scale at technology readiness level (TRL) of 2 to an early stage pilot with TRL6 (technology model or prototype demonstration in a relevant environment). This started with the Innovation Crossroads Program where we scaled up the system, then through development with clients we demonstrated its operation.
In quarter 3 2024 we were able to purchase an industrial pilot machine that we retrofitted with our technology and were able to produce at an industrial pilot level to serve early adopters R&D and early stage efforts. This will place us at TRL 7 (technology prototype demonstration in an operational environment) by end of Q1 2025.
So far we focused on non dilutive funding we have received a total of $1,520,190 in grants through the State of TN matching funds and the SBIR/STTR programs with DOE, DOD and the NSF. We have as well generated $1,873,434.34 from various type of contracts and sales from customers and early adopters. In total since our inception we have received $3,393,624.34 from all sources.
