What once started as a garage project five years ago has since grown into a structured corporate initiative, gaining momentum at every stage of its development.

The mission of this company now is to stabilize its innovation for robust market adoption, expand its innovation across multiple sectors, and drive widespread implementation. To achieve this, biaNergy is executing a structured market and financial strategy designed for sustainable growth.

Now, this strategic investment will propel biaNergy into its next phase of growth, enabling further innovation development and market expansion.

However, since biaNergy’s financial projections for the period 2025-2027 in this analysis are based not on assumptions or speculative forecasts, but rather on signed customer contracts, Letters of Intent (LOIs), and formal agreements as of today, this analysis does not fully capture the company’s true market potential. The actual financial results are expected to be significantly stronger than reflected here.

While biaNergy’s core focus until 2024 was to demonstrate its technology through prototypes in real-world settings and secure its first staging customer—a milestone that has now been successfully achieved—the company is shifting its focus to market entry at scale and stabilization for 2025-2027. Additionally, biaNergy is preparing for long-term expansion beyond 2027, extending through 2029 and even beyond, to ensure continued technological development and industry integration.

In this plan, biaNergy explains how the product MRT‑E is set to evolve, technically and financially.

biaNergy delivers as product to customers Firmware, Implementation Guidance, Manuals and Commitment to update. 
biaNergy is not a hardware producer. It is just a technology designer.

1 -        Low‑Wattage MRT-E Technology: Transfers up to 6 Watts of energy to devices such as mobile phones, cardiac pacemakers, LED lamps, displays, wearables, and various IoT devices. (Market ready at TRL 9) This technology is already market already and its development corresponds with Grow-Phase 1.

2 -       Mid‑Wattage MRT-E Technology: Transfers up to 60 Watts of energy to devices such as TVs, bicycles, and kitchen mixers. (Functions in lab at TRL 5). This technology will enter the market within 12 month after completion of the seed-round, addresses Growth Phase 2. 
Its technical development is permanent across all levels.

3 -       High‑Wattage MRT-E Technology: Transfers up to 220 Watts of energy to devices such as washing machines, MR scanners, vacuum cleaners, office and home appliances, and industrial applications. (Conceptualized, is at TRL 2) This technology will be market ready within 36 month after completion of the seed-round and, its development will be forced across all phases.

Growth-Phases are explained below.

 

biaNergy follows a three-phase approach to bring MRT-E from initial validation to becoming a global industry standard.

This phase has started with staging customers and is already in progress. It will be completed within six months after the completion of the seed-funding. The objective is to complete the validation of biaNergy’s Low-Wattage technology through early adopting staging customers and forcing at scale wider industry adoption. 

Begins within 12 months after completing seed funding. From this phase onwards biaNergy starts a marketing partnership with Special Interest Groups (SIG), a leading industry consortium that markets Bluetooth, and will promote MRT-E Low-Wattage technology to its +40K industry players (Like LG, Samsung, Intel, Siemens etc.). These device producers enlisted with SIG will be addressed for MRT-E thru SIG exclusively while biaNergy will engage in direct marketing for regions outside SIG's network. 

Within 18 months of completing the seed funding, this phase will establish biaNergy’s MRT‑E as a global industry standard. It will extend beyond SIG markets to encompass all electric-electronic device manufacturers and expand into device segments exceeding 6W, with capabilities reaching up to 60W. During this period, the Mid‑Wattage technology will complete its development, marking its market entry.

At this stage, biaNergy will have already integrated Low-Wattage (6W) and Mid-Wattage (60W) technology, introducing a versatile MRT-E “up-to-60W” wireless power solution. This single-format system supports both Low- and Mid-Wattage technologies, enabling seamless adoption across a diverse range of devices. From small and compact electronics like wrist watch, mobile phones to mid-range products such as TVs, bicycles, MRT-E scalable solution empowers manufacturers to streamline power integration across their entire product portfolio enhancing efficiency and design flexibility.

The High-Wattage technology's development will be forced across all phases intensively beyond the current TRL 2 stage to TRL 9.

 biaNergy has two customer-types

1-   Primary Customers (OEMs & Manufacturers)

Companies that integrate MRT-E into their devices for large-scale production serially and pay a recurring annual licensing fee. These Primary customers will be addressed by SIG after biaNergy passes the 6-month validation phase with the Staging customers. SIG receives for its marketing activity 3% success fee.

2-   Staging Customers

Staging customers are early adopters seeking a competitive advantage through unique product differentiation from their competitors. These customers acquire a biaNergy technology license, granting them exclusive global production rights for 3 to 5 years in exchange for a fee and a Customer Compliance Report (CCR) proving MRT-E technology’s successful validation after six months of testing the technology in customer’s pilot product in the staging customers' environment.

Staging customers integrate MRT-E technology into their mass-market products after passing a six-month validation phase. Target industries include wearables, LED lighting, smartphones, displays, sensors, and IoT devices.

biaNergy has already established relationships to the following device producers as staging customers:

•       A Retail & Digital Labels Producer – for Electronic Shelf Labels - LOMGroup

•       A Battery & Mobile Appliances Producer – for AA & AAA battery-shaped receivers (Modeled/Conceptualized) - Hama

•       A Consumer Electronics & Mobile Appliances producer – USB-C energy receiver for consumer electronics (Modeled/Conceptualized) - Belkin

•       An Automotive & Aviation Conglomerate – for energizing in-car applications and energizing the internal components of a drone systems. - Volvo

 

biaNergy’s core activities will continue and expand continuously in 2025-2029:

•       Market stabilization through pilot projects and large-scale compliance testing for Low-Wattage technology.

•       Developing a scalable licensing model for global market penetration.

•       Introducing Mid-Wattage technology by combining Low- and Mid-Wattage in single format.

 

•       Expanding the market in all industry segments.

•       Standardization of MRT-E as a global norm for wireless electricity transfer.

Staging customers start to pay in the Phase 1 (advance payment licensing fee for exclusive rights and pilot costs to use biaNergy’s technology in specific product categories. This is generating early revenue from staging customers while securing biaNergy’s market position in next growth phases.

SIG promotes biaNergy’s technology to manufacturers, who pay an annual recurring licensing fee. Beyond SIG’s network, biaNergy sells licenses directly through its marketing, agency agreements, and additional cooperations.

Revenue from current staging customers with signed contract, LOI and formal agreements exceeds €6M, all of whom are globally recognized industry leaders.

However - the revenue projection shows a moderate growth in 2025, but significant expansion from 2026 onward with €8,5M. Car Interior Receivers become a key driver, growing from €2.5M in 2026 to €50M in 2029.

Other staging customer categories scale steadily, ensuring diversification in the market, while Primary Customer Revenue (SIG revenue), starts in 2027, reaches €20M by 2029, adding an additional monetization stream.

Alignment with the Financial Plan

This campaign is part of a financial structure, ensuring that biaNergy is well-funded to execute its growth plan. Co-Investors and Subsidies are other financing sources of the expenses. 
In the 5 Years plan the revenues from technical advisory services to the customers, Combined MRT-E technology and MRT-E Adhesive/Printable, are not regarded. 

The following financial plan will outline projected revenue, capital needs, and expected return on investment which can start after completion of the seed round within 12 months. The financial plan will reason revenue expectations per phase, investment requirements, and the projected timeline for profitability.

•       Complete the technical environmental settings of MRT-E Low-Wattage (6 Watt) technology and launch beyond prototype as pilot and force the revenue. 
•       Complete the admin-software to perform all administration duties for the customers by reflecting the abilities of MRT-E completely.
•        Eliminate possible, market communicated childhood-illnesses of the technology.

•       Complete pilot programs with staging customers to validate performance and feasibility in staging customers' environment to receive Customer Compliance Reports (CCRs) to meet market entry and regulatory requirements.

•       Strengthen strategic partnerships with SIG by presenting the CCRs that facilitates standardization and adoption by SIG for aligning with industry players and regulatory frameworks. 

•       Expand licensing agreements with additional device manufacturers beyond the existing four staging customers to increase adoption and scalability.

Preparing market readiness for MRT-E Mid-Wattage (60W) technology to force the technology to the prototype level and engage first staging customers.

•       Secure large-scale licensing deals through Special Interest Group (SIG), to establish broad market access by SIG to accelerate industry-wide adoption. 

•       Expand strategic partnerships to strengthen market penetration.

•       Optimize technology efficiency, reducing power loss in Mid-Wattage (60W) from 14 percent to 8 percent at 30 meters.

•       Advance Mid-Wattage technology from TRL 5 to TRL 8/9 to near/full market readiness.

•       MRT-E Mid-Wattage technology is completed enters the market and expands on the market.
•       Conduct advanced R&D on High-Wattage (220W) applications needing industries (EV, smart cities, and heavy equipment).

•       Drive adoption among major OEMs (producers of bicycle, TV etc), smart city infrastructure, and industrial sectors.

•       Expand outreach to customers beyond SIG to diversify market reach and revenue streams.

•       Assess strategic financing options, including Series A funding or IPO, to support long-term expansion.

•       Develop and prototype MRT-E High-Wattage (220W) solutions for industrial and large-scale applications, enter the market with staging customers incl. health permits.
•       Combine the Low-/ and High-Wattage in one Format.
•       Force on High-Wattage (220W) development to TRL 9 to near/full market readiness.
•       Work for seamless commercial deployment of MRT-E (E.g., Printable/Adhesive-Format for logistics-supply-chain and cloth-tag industry).

Key Milestones
•       Secure global adoption of MRT-E technology as an industry standard up to 60W.

•       Expand to position biaNergy as the leader in wireless energy solutions by acquiring staging customers for High-Wattage (220W) technology, e.g., producers of wash/dish machines, MR-devices.
•       Adopting the software use settings (incl. user software) for combined technologies Low- and High-Wattage in one format. 
•       Forcing cooperation with component producers.

•       Strengthen collaborations with scientific partners, including KU-Leuven and TU Eindhoven.

•       Obtaining regulatory approvals for high-wattage use cases to ensure compliance, safety, and seamless scalability across global markets.

•       Forge strategic partnerships in the automotive and industrial sectors to integrate solutions into high-demand markets.

•       Scale MRT-E High-Wattage (220W) technology, beyond regulated Western market, to achieve global regulatory approval, ensuring compliance, safety, and widespread market adoption.

•       Create norm globally as being MRT-E the norm for electricity transfer.
- Driving MRT-E technology to prototype-level in adhesive/printable format.

•       MRT-E High-Wattage technology is being adopted for mass industrial applications
•       MRT-E technology aligns with first staging customers in adhesive/printable format

Fixed Costs:
•       R&D facilities and technical team salaries. Management team waives in the first year salaries. 

•       Patent, IP, maintenance, Regulatory Compliance and legal services.

•       Marketing and distribution infrastructure.

•       Update-cost for software & technology.
•       Advisory, licensing & strategic partnerships, accounting, insurances.

Variable Costs:

•       Prototype, pilot development and testing expenses. 

•       Licensing and compliance documentation and key-management costs.

•       Cost for scaling the production of prototypes and pilots.

•       Cost for collaborations for acquirement of external sources (For development and testing with diverse partners, among hardware component producers for proto-and pilots and scientific partners.

2025 is a loss-making year, with revenue (€2.68M) falling short of total costs (€3.14M), resulting in a negative net result of €-1.07M. However, the company turns this around in 2026, achieving a positive net result of €3.11M and fully covering all costs.

This marks a significant milestone, as biaNergy demonstrates strong financial momentum. The cash flow statement reflects a robust upward trajectory, with revenue growing from €8.5M in 2026 to €27.5M in 2027, highlighting the company’s rapid market scalability within just two years.

 The cash flow statement shows a strong financial trajectory, with revenue growing from 2026 €8,5M to €27,5M in 2027 demonstrating significant market scalability within two years. Despite increasing costs, the company achieves positive net profitability with a result after taxes of €3,10M in 2026, rising in 2027 to €17,7M, in 2028 reaches the cashflow to over €23,5M and in 2029 to € 58,8M.

Taxes are consistently accounted for at 25% of pre-tax earnings, ensuring compliance. Additionally, the absence of new investments or debt obligations in later years shows that growth is funded organically.

 

The funding will strengthen biaNergy’s leadership in wireless power transfer, driving bold market advancements and ensuring sustained technological excellence.

Protecting intellectual property and ensuring robust legal and operational frameworks.

•       Filing new patents and securing patents

•       Monitoring IP integrity and ensuring product protection

•       Providing continuous legal support for contracts, claims, and advisories

•       Covering insurance costs and licensing fees to mitigate risks and ensure compliance

 

 

Expanding market presence by engaging staging customers, acquiring new clients through external networks, targeted media campaigns, and participation in industry fairs and events.

•       Managing key customer accounts and fostering long-term client relationships.

•       Executing pilot programs with three staging customers across diverse environments to demonstrate technology viability

•       Expanding customer acquisition through targeted marketing efforts and external network collaborations

•       Enhancing market visibility through media campaigns, industry fairs, and strategic partnerships

Purpose:
•       Advancing prototype use cases to fully functional pilot versions
•       Continuously validating and optimizing MRT-E to meet industry standards and regulatory requirements

•       Expanding laboratory capacity for benchmarking, performance analysis, and calibration

•       Acquiring specialized testing equipment and software tools to enhance R&D capabilities

•       Covering material costs for prototyping, iterative testing, and technology refinement
•       Relocation of the Lab and clean-room to a larger place

•       Procuring advanced lab equipment (e.g., oscilloscope, vector network analyzers)

•       Sourcing components for prototypes and pilots (semiconductors, PCIs, housings)

•       Upgrading lab facilities and cleanroom for MRT-E scaling

•       Assembling use cases with external assemblers

 

 

4-     Operational Expenses (42,84%)

•       Staff salaries (Only technical staff receive salaries in the first year, not the management team)

•       Office expenses to sustain core operations for scaling MRT-E technology, business continuity, maintaining infrastructure, and supporting the execution of key projects

•       Office venue upgrade

•       Office Relocation Costs (expansion to a larger facility)

•       Office & Facility Expenses

•       Infrastructure Costs

•       Supply Chain & Logistics Expenses

•       Collaborations with External Academic Partners

•       Operational & Administrative Expense

 

 

Enhancing the software to fully incorporate and reflect the complete capabilities of the MRT-E invention, while collaborating with specialist software companies and advisory firms for sector-specific implementation of the prototype and pilot versions.

•       Expanding the operation and application capacity of the software for customer & end-user

•       Cooperate with external specialist software producers to scale the operational software

•       Sector specific advisory cooperations

            — Herbert Verweij, Chief Investment Officer at biaNergy