NA24OARX021G0010
Project Grant
Overview
Grant Description
Purpose: Resilift will develop a house-lifting technology, the Residential Lifting Safety Sensor System (RLS3), that will provide an improved and more accessible flood mitigation option for homeowners.
The innovation uses custom sensing nodes to lift houses in a faster, cheaper, safer, and more efficient manner.
14.6M properties in the 100-year floodplain have a 26% cumulative risk of flooding over the lifetime of a standard mortgage, thus these floodplain-based homeowners have a one in four chance of total asset loss.
Structural lifting processes mitigate the risk of flood damage, but the current process is rife with operational inefficiencies and safety hazards due to an overreliance on human labor.
Our team of experts will address critical research questions under the following objectives:
1) Identify the optimal set of components to provide real-time data on the lifting plane;
2) Develop a working prototype of the RLS3;
3) Test the RLS3; and
4) Establish market feasibility and a commercial strategy.
This project responds to research topic 9.2 Coastal Resilience.
The project addresses the objectives to manage inundation and improve community preparedness in response to coastal hazards.
We believe the best way to prepare a community for flooding is by scaling access to structural lifting services.
The U.S. residential construction market is valued at $718B.
In 2023, new construction is expected to level, making room for the improvement of existing structures.
With RLS3, Resilift can unlock immense value by moving the market from reconstruction to mitigative retrofits of existing buildings.
Climate change is a scientific reality that will demand investment in structural lifting services, which is underscored by a substantial total addressable market (TAM).
Of the 14.6M homes at severe risk in the U.S., we estimate that up to 80% require elevation to mitigate potential flood damage.
At $100,000 per lift, the TAM is $1.168T.
Resilift will facilitate front-end financing and insurance brokerage services for homeowners and access marginal customers by making this service more affordable.
Resilift will also explore selling RLS3 directly to businesses with approximately 400,000 home building businesses and 5,198 equipment rental companies in the U.S. as potential customers.
The construction industry is highly localized with many small companies offering structural lifting services.
Despite this, Resilift has only identified one potential competitor currently developing innovative structural lifting technology.
We don't anticipate the market changing before the commercialization of RLS3, and we will finalize our go-to-market pricing strategy in Phase II.
The innovation uses custom sensing nodes to lift houses in a faster, cheaper, safer, and more efficient manner.
14.6M properties in the 100-year floodplain have a 26% cumulative risk of flooding over the lifetime of a standard mortgage, thus these floodplain-based homeowners have a one in four chance of total asset loss.
Structural lifting processes mitigate the risk of flood damage, but the current process is rife with operational inefficiencies and safety hazards due to an overreliance on human labor.
Our team of experts will address critical research questions under the following objectives:
1) Identify the optimal set of components to provide real-time data on the lifting plane;
2) Develop a working prototype of the RLS3;
3) Test the RLS3; and
4) Establish market feasibility and a commercial strategy.
This project responds to research topic 9.2 Coastal Resilience.
The project addresses the objectives to manage inundation and improve community preparedness in response to coastal hazards.
We believe the best way to prepare a community for flooding is by scaling access to structural lifting services.
The U.S. residential construction market is valued at $718B.
In 2023, new construction is expected to level, making room for the improvement of existing structures.
With RLS3, Resilift can unlock immense value by moving the market from reconstruction to mitigative retrofits of existing buildings.
Climate change is a scientific reality that will demand investment in structural lifting services, which is underscored by a substantial total addressable market (TAM).
Of the 14.6M homes at severe risk in the U.S., we estimate that up to 80% require elevation to mitigate potential flood damage.
At $100,000 per lift, the TAM is $1.168T.
Resilift will facilitate front-end financing and insurance brokerage services for homeowners and access marginal customers by making this service more affordable.
Resilift will also explore selling RLS3 directly to businesses with approximately 400,000 home building businesses and 5,198 equipment rental companies in the U.S. as potential customers.
The construction industry is highly localized with many small companies offering structural lifting services.
Despite this, Resilift has only identified one potential competitor currently developing innovative structural lifting technology.
We don't anticipate the market changing before the commercialization of RLS3, and we will finalize our go-to-market pricing strategy in Phase II.
Awardee
Funding Goals
18 CLIMATE ADAPTATION AND MITIGATION 19 WEATHER-READY NATION 20 HEALTHY OCEANS 21 RESILIENT COASTAL COMMUNITIES AND ECONOMIES
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Portsmouth,
New Hampshire
038015169
United States
Geographic Scope
Single Zip Code
Related Opportunity
Resilift was awarded
Project Grant NA24OARX021G0010
worth $175,000
from National Oceanic and Atmospheric Administration in August 2024 with work to be completed primarily in Portsmouth New Hampshire United States.
The grant
has a duration of 5 months and
was awarded through assistance program 11.021 NOAA Small Business Innovation Research (SBIR) Program.
The Project Grant was awarded through grant opportunity NOAA SBIR FY 2024 Phase I.
SBIR Details
Research Type
SBIR Phase I
Title
Elevation Plane Residential Lifting Safety Sensor System
Abstract
RESILIFT will develop a house-lifting technology, the Residential Lifting Safety Sensor System (RLS3), that will provide an improved and more accessible flood mitigation option for homeowners. The innovation uses custom sensing nodes to lift houses in a faster, cheaper, safer, and more efficient manner. 14.6M properties in the 100-year floodplain have a 26% cumulative risk of flooding over the lifetime of a standard mortgage, thus these floodplain-based homeowners have a one in four chance of total asset loss. Structural lifting processes mitigate the risk of flood damage, but the current process is rife with operational inefficiencies and safety hazards due to an overreliance on human labor. Our team of experts will address critical research questions under the following objectives: 1) Identify the optimal set of components to provide real-time data on the lifting plane; 2) Develop a working prototype of the RLS3; 3) Test the RLS3; and 4) Establish market feasibility and a commercial strategy. This project responds to Research Topic 9.2 Coastal Resilience. The project addresses the objectives to manage inundation and improve community preparedness in response to coastal hazards. We believe the best way to prepare a community for flooding is by scaling access to structural lifting services.
Topic Code
9.2
Solicitation Number
NOAA-OAR-TPO-2024-2008184
Status
(Complete)
Last Modified 12/19/24
Period of Performance
8/1/24
Start Date
1/31/25
End Date
Funding Split
$175.0K
Federal Obligation
$0.0
Non-Federal Obligation
$175.0K
Total Obligated
Activity Timeline
Transaction History
Modifications to NA24OARX021G0010
Additional Detail
Award ID FAIN
NA24OARX021G0010
SAI Number
NA24OARX021G0010-002
Award ID URI
None
Awardee Classifications
Small Business
Awarding Office
1305N2 DEPT OF COMMERCE NOAA
Funding Office
1333BR OFC OF PROG.PLANNING&INTEGRATION
Awardee UEI
VXYDSQ3D1AD9
Awardee CAGE
9QP21
Performance District
NH-01
Senators
Jeanne Shaheen
Margaret Hassan
Margaret Hassan
Modified: 12/19/24