Industrial Origami Baby

Now here's something interesting on cleantech... VentureBeat has compiled a list of 10 cleantech
startups currently seeking venture funding. They all look interesting, though the one that caught my is a company called Industrial Origami:

Origami is the art of paper folding. That’s a pretty accurate description of Industrial Origami’s business model, with one exception: They use aluminum and steel. The company can, by cutting a single contiguous shape from a flat sheet of metal, cleverly fold the resulting form into various objects, including cars and washing machines. The process saves anywhere from 20 to 70 percent of the manufacturing cost, reducing the amount of raw material needed, and cutting out the need to ship bulky consumer appliances in from far away places (instead, just ship in the shaped metal and fold it at a home factory). The idea is hardly unique, but the company has good execution, and it’s got 350 patents either approved or in the works to defend its methods.
Projected revenue, 2008: $3 million
Looking for: $10 million
Previously taken: $15 million

Comments

[PiticStyle]

Thank you for the information. I am a fan of origami