We are a product development house helping businesses move towards a sustainable tomorrow. Formed in 2017, our focus is on using data collection technology to reduce our clients waste, whilst converting their existing physical waste into new opportunities using our hardware innovation.
Product:
NEOS Fly+, is the development of the worlds first smart IoT food tray which is made from recycled cabin waste such as used bottles or blankets. The tray which is weight calibrated will provided airlines with data on their passengers consumption which will assist them to reduce their food and beverage costs by up to 50% and provide insights.
Target Market:
Our initial target market is the aviation market which is worth USD 2.4 billion annually in which we are targeting USD 300 million. We aim to expand to other industries.
Business Model:
Product:
NEOS Fly+, is the development of the worlds first smart IoT food tray which is made from recycled cabin waste such as used bottles or blankets. The tray which is weight calibrated will provided airlines with data on their passengers consumption which will assist them to reduce their food and beverage costs by up to 50% and provide insights.
Target Market:
Our initial target market is the aviation market which is worth USD 2.4 billion annually in which we are targeting USD 300 million. We aim to expand to other industries.
Business Model:
Location: United Arab Emirates, Abu Dhabi Emirate, Abu Dhabi
Investors 3
| Date | Name | Website |
| 29.10.2021 | Flat6labs | flat6labs.... |
| - | Sheraa | sheraa.ae |
| - | Intelak | intelak.co... |
Mentions in press and media 1
| Date | Title | Description |
| 26.05.2021 | Abu Dhabi-Based Startup The Concept Partners With Etihad Airways To Develop IoT-Based Food Tray And Reduce Food Waste In The Aviation Industry | May 26, 2021 4 min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. The Concept, a UAE-based product development and design compan... |