Veluon is a product development, commercialisation and investment company. We work with clients worldwide to turn their ideas into ground-breaking products. With our team of world leading specialists, we can work in a range of capacities, from sitting on executive boards providing technical and operational strategy, to fully fledged development contracts operating as your virtual engineering team. Our unique collaborative process aligns our goals with yours, ensures mutual success and produces disruptive innovations that push the boundaries.
Product Development, Commercialisation, and Investment
Developing a new product for market requires a dynamic mix of skills and experience. Our team of experts have the knowledge, tools and global supply chain to help our clients achieve success.
We are proficient in project management, engineering, manufacturing and commercialisation and primarily serve the medical devices and consumer electronics market as well as applying our skills outside of these fields.
With our flexible pricing, bespoke services and investment options we are the perfect partner for your project.
Our technical know-how used in client’s projects as required.
- Technical Feasibility Assessment (TRL Level)
- Project Management
- Project Proposals and Costing
- Minimum Viable Product Assessment
- Life Cycle Analysis
R&D & Engineering
- Product & Industrial Design
- Electronics Engineering
- Mechanical Engineering
- Optical Engineering
- Firmware Engineering
- Software Engineering Liaison
- Prototyping and Instrumenting of Systems
- Design for Compliance/Regulatory Standards
- Design/Refine for Manufacture/Assembly
- Design Failure Analysis
- Certification Testing – i.e. EMC/Electrical Testing
Manufacturing & Supply Chain
- Advanced Manufacturing
- Production Planning
- Cycle Time Optimisation
- Supply Chain Implementation
- Supply Chain Optimisation
- Supply Chain Logistical Support
- Contract Manufacturing Liaison
- Quality Control
- Technical Documentation
- Industry 4.0
- Setting Up Production Facilities
Commercial & Operations
- Commercialisation Strategy
- Subcontractor Management
- Intellectual Property Optimisation
- Investor Relations Support
- Investment Pitches
- Investment Rounds (incl. SEIS/EIS)
- Nominated Board Members
- Equity Investing and Optimisation
- Contract Management
- Procurement Management
World Leading Specialists
Veluon was founded by 3 engineers who have a proven track record for developing ground breaking products, implementing production systems, setting up manufacturing plants and running technology businesses. Our team, has unsurpassed experience in a range of industries including academia, aerospace, automotive, biomedical and consumer electronics.
Our wider team consists of PhD and Masters level engineers who specialise in their fields and a network of subject matter experts we engage as the project requires.
Having previously established one of the fastest growing medical start-ups in Europe and successfully expanding it to an international enterprise with in-house production facilities, we are perfectly positioned to work with those embarking on the product development journey and assist them in navigating the process.
Thomas has lead the development of multiple projects from R&D phases all the way through to commercialisation, utilising UK and Asian supply chains. These include medical devices requiring FDA and MHRA certification. He has numerous scientific publications and is regarded as a subject matter expert holding multiple patents. He has founded companies with combined values in excess of £15M and has raised millions in investment from mixed sources. Thomas is also believed to be the youngest ever awarded a chancellor’s medal from Aston University for his services to academic and industry collaboration.
- Chief Technology Officer/Founder of Eyoto Group Limited
- Executive Vice President/General Manager of Eyoto Group Limited’s custom projects division.
Responsible for OEM and white label design of products for established equipment companies.
- Acting Chief Operations Officer at Eyoto Group Limited.
Responsible for setting up the UK production facility.
- Lecturer and Head of Biomedical Engineering at Aston University
- Multiple Postdoctoral and Research Roles (Johnson and Johnson, Astellas Pharma etc.)
- Ph.D. Ophthalmic Engineering at Aston University (Specialising in Electro-mechanical/optical design)
- [1st Class] BEng (Hons) Degree in Mechanical Engineering at Aston University
- Foundation in Aerospace Engineering at Kingston University
Hobbies & Interests
- Motorbiking (100HP Club) 🏍
- Science Fiction 👽
- Space and Space Vehicles 🛸
- Most things with a microprocessor 📱
- Gym and Strongman 🏋🏻
Suraj has managed over 10 product development cycles to date from consumer electronics to next generation Class 1 & 2 medical devices and has been awarded numerous patents. Three were developed in an unprecedented 13 months including, passing regulatory testing and implementing the full production systems consisting of ~2200 components, 1900 assembly operations and 600 documents. In addition to his engineering background and ophthalmic specialism he is experienced in cross-departmental collaboration and leading multidisciplinary teams. Entrepreneurial, he has founded and managed several businesses, led multi-million pound deals and acquisitions gaining wide commercial exposure.
- Co-Founder/Non Executive Director at SS Group – businesses in construction, investments and property development.
Responsible for strategic direction, deal structuring, and funding routes.
- Vice President of Engineering at Eyoto Group Limited.
Responsible for the day-to-day management of Engineering teams and overall Project Management by working in collaboration with R&D, Software, Marketing, and Quality/Regulatory departments to develop products. With oversight of product architecture, he specialised in systems integration, designing and coordinating complex parts and assemblies, utilising advanced manufacturing. He was an architect of Eyotos manufacturing system that was recognised by the industry as a world-class system.
- Mechanical Engineering Manager at Eyoto Group Limited.
- Senior Mechanical Engineer at Eyoto Group Limited.
- Mechanical Engineer at Eyoto Group Limited.
- Test Engineer at UTC Aerospace Systems Ltd.
Responsible for designing tests and developing rigs to compare performance (pressure, flow rate, temperature), of fuel manifolds of various jet engines, simulating real working conditions, that were manufactured at two separate manufacturing plants.
- [Distinction] MSc By Research in Ophthalmic Engineering at Aston University
- [1st Class] BEng (Hons) Degree in Mechanical Engineering at Aston University
Hobbies & Interests
- Sikhi, Spirituality, Science and Philosophy 🧘🏽♂️
- Boxing, Hand and Weapons Combat 🤺
- Calisthenics 🤸🏾♂️
- Hiking 🥾
- Travelling, Backpacking 🎒
- Motorbiking 🏍
Jordan has set up manufacturing facilities including a 5000 Ft² innovation centre, managed multi-million pound projects from the beta stage through to production and implemented numerous supply chains. These range from ‘high value, small batch’ products, requiring high-level operator skill with minimal automation, through to ‘short cycle time, high volume’ automated production. Specialising in the management of rapid development projects, he has leveraged vertical integration to accelerate the iterative design process, as well as initial production builds to validate processes prior to transferring to a contract manufacturer for volume production. He is well versed in supplier negotiations and supply chain optimisation.
- Innovation and Special Projects Manager at Eyoto Group Limited.
Responsible for the management of large custom projects at Eyoto, covering both commercial and technical aspects. Managing the EMC and Electrical Safety compliance testing for CE and FCC.)
- Transfer to Manufacture Manager at Eyoto Group Limited.
Responsible for the Transfer to Manufacture Engineering team focused on design for manufacture on all Eyoto branded and custom projects, as well as implementing supply chains from companies in the EU, USA and Asia. Implemented the manufacturing systems which included a group wide ID System to coherently organise documents, parts and assemblies for all departments.
- Production and Quality Specialist at BMW.
Responsibilities included commissioning of new Oxford BIW facility. Maturing the quality of vehicles from prototype stage through to series production. Process improvements resulting in savings of £1M+
- [1st Class] MEng (Hons) Degree in Mechanical Engineering at Aston University
- Skiing – Has skied extensively throughout Europe⛷
- Motorbiking – Currently rides a Tiger 900 and has ridden around Asia 🏍
- Travelling – 42 Countries and 14 US States ✈️
- Investments – 🚀
- Keeping Active – Each day Jordan tries to do one sport of either Gym, Cycling, Football and occasionally Tennis. If short on time a quick yoga session will do 🚴🏻
Collaborative end-to-end process.
Product Development is like a multi-dimensional puzzle – intricate, multifaceted with lots of moving parts and stakeholders. It is a journey which takes an intangible vision and manifests it as a tangible reality by utilising a systematic process with milestones and synchronising with real world, commercial and operational realities.
The complexity of the project grows exponentially depending upon the volume the product will be manufactured and sold in, and we are well versed in utilising a progressive approach from proving the concept with prototypes to scaling up to mass production, mitigating commercial and technical risk along the way.
We use the NASA invented ‘Technology Readiness Level (TRL)’ system for establishing the maturity of the technology and consolidate this into 5 development stages as shown in the diagram.
All concepts are developed following the 5 workflows detailed below. These elements need to seamlessly intertwine to create the end product that fulfils its requirements, is manufacturable and marketable.
|Establish the current Technology Readiness Level1 (TRL). Assess the viability of the idea/concept or conceptualise solutions to the problem that is being addressed. Identify the technology and direction that would be required in order to develop the solution for TRL 8/9. Develop concepts and early prototypes as proof of principle of the technology chosen to assess feasibility.|
Design & Development
|Detailed technical development of the product which involves developing proof of concept prototypes, or building upon existing prototypes. Undertaking all relevant design work (electronics, mechanical, optical, product design, etc.) and ensuring the regulation framework is complied with.|
Manufacturing & Supply Chain
|Establish supply chain to source components required to match scaling and output of production and implement production processes and lines. This will include any quality control processes that may be required. We have partners we work with across the world from Asia to the US to fulfil these requirements.|
Regulation & Compliance
|If the product is regulated (i.e. medical), ensure quality management systems, correct standards and procedures are adhered in design and manufacturing. Carry out regulatory testing for certification (e.g. CE marking) which may include EMC and electrical safety testing.|
Market Launch & Life Cycle Assistance
|Once all the above is in place, the customer will be in a position where they can order X amount from our assembly/manufacturing partners similar to how you would order from Amazon taking away all the complexity. We can also provide post-launch monitoring and scaling where required.|
Aligned goals. Mutual Success.
Our pricing models, like our skillset, are adaptable and comprehensive. Experience has taught us that custom product development is often difficult to scope in the early stages and we found that a flexible and collaborative approach is much more cost-effective and manageable for delivering an end-to-end solution for our clients.
Building relationships around aligned goals ensures our team can deliver long term success for both our clients and our own futures.
Day Rate Model
Projects are appraised, and an estimated timeline of company work days is given.
The day rate for the number of company days required to complete the project is heavily discounted all the way up to cost price. The discount for development is exchanged for a royalty per sale of the product once on the market and/or equity.
Fixed Unit Cost Model
This model resonates with those who have a fixed number of units they need developing over a particular time period. The development is appraised and calculated, along with the unit price and volume over a time frame agreed. The overall cost is then consolidated into one figure and amortised over a time period to optimise cash flow requirements.
Fixed Development Model
In this model, we charge a fixed development cost for the project and is generally recommended for use on products where objectives are clearly defined and the R&D required is minimal.
Ideas we turned into reality.
Here is a glimpse of some of the projects we have been working on. Additional images and details will be posted to our social media section periodically. Stay tuned for more.
The Hy is a next-generation hearable product that combines bone conduction and traditional air vibration to produce the unique Naked Sound™ open ear technology. It delivers an audio experience like nothing before – full-spectrum sound, without sacrificing your connection to the outside world. It features 3D Audio, a virtual assistant that learns and adapts to you, and the most comprehensive suite of biometric sensors, tracking your progress in and out of the gym.
Veluon works with Zoku as their virtual engineering team bringing the open ear sound concept to reality taking it through the full product development process. It features ~400 components in 4 sub-assemblies within a device smaller than the palm of a hand, including 10 layer PCBs that are only 1.36mm thick. World-renowned suppliers, manufacturers, and our top engineers have given this project the accolade of ‘the most complicated thing they have ever worked on’ both from a technical and anthropometric perspective as it pushes the limits of what is humanly and technically possible in all aspects.
AAN Medical secured intellectual property for a product that applies transdermal medication in precise doses via topical application, with a back-end system to track usage and compliance by key people and doctors, as well as the ability to reorder when the quantity remaining, is running low.
Veluon worked with the team to design and develop a few prototypes that demonstrated the working principles to investors in in a representative form factor to the final product
- Applicator design dispensing liquid when the user inserts their hand.
- Electronically programmed valve system that triggers the device changing colour when the hand is inserted.
- Sleek Anodized Aluminum CNC, Sheet Metal
- Use case animation to show to key stakeholders
Designed to revolutionise the cleaning experience, the patented Liqui-Glove replaces multiple single-purpose cleaning products with one simple tool. Simply squeezing the hand activates an innovative reservoir that dispenses the cleaning fluid through the sponge for a seamless cleaning experience, and once empty can be refilled and reused.
Our client came to us with their concept and early prototype after spending significant sums with other development companies. We refined the design for mass volume manufacturing, factoring in commercial constraints and streamlined processes for the three variants. The next challenge was implementing a robotic, semi-automated manufacturing line and a supply chain that would be cost-effective in the early stages of proving the product, and scalable as demand and volumes increased. We tackled problems encountered systematically including COVID disruptions and technicalities such as ‘open time’ of adhesives, repeatability of the process and cycle time per product in order to ensure economic viability.