April 16, 2024

Three younger entrepreneurs of their twenties have developed a really high-strength aluminum alloy with nice industrial potential. Ferreol Applied sciences needs to first assault the ski trade market after which transfer into much more promising areas, specifically vehicles and aerospace.

The choice to focus on the ski trade first isn’t any coincidence. Based in 2022, Ferreol Applied sciences is a spin-off from Ferreol Skis, the primary firm the three companions based 4 years in the past to develop high-performance, carbon-neutral alpine skis.

“In search of a technique to make our skis much more environmentally pleasant, we developed an alloy primarily based on aluminum and scandium, a reused mining residue. Specialists we labored with then made it clear to us that we had developed the strongest alloy on the planet,” explains Jonathan Audet, co-founder of Ferreol Applied sciences with Félix Lapointe and Étienne Boucher. The corporate received first prize within the Pierre Péladeau Scholarship Competitors with a prize of $75,000.

A optimistic response

After submitting a patent for his or her innovation, the companions visited main ski producers around the globe to current their new answer.

“All of them signed a declaration of intent,” says Félix Lapointe. It’s a big market that’s opening up for us. Greater than 4 million pairs of skis are produced worldwide yearly.”

Past its efficiency properties, the brand new alloy additionally solves a provide downside for the trade. “As a ski producer, we all know that till now there was just one alloy that was adequate for making skis. “There was a necessity available in the market for a brand new answer with added worth by way of mechanical properties and environmental duty,” explains Jonathan Audet, who’s finishing a grasp’s diploma in mechanical engineering on the College of Sherbrooke.

Advertising is scheduled to start in 2024. The three companions are presently engaged on creating their industrial technique. “A part of the processing could possibly be executed right here, the remainder overseas.” All choices are on the desk,” says Jonathan Audet.

“Our alternative is to be supported by good companions like Rio Tinto Alcan and the CQRDA [Centre québécois de recherche et de développement de l’aluminium] and the College of Sherbrooke, the place we performed the analysis mission to develop our alloy,” he provides.

Quebecor Scholarships

Entrepreneurs additionally profit from the assist of the AsterX Fund, the enterprise capital unit arrange by Quebecor.

“Receiving the scholarship was an actual stepping stone for us. We had been in a position to full the analysis and growth and conduct a efficiency research. Due to the assist, we’ve got additionally refined our enterprise mannequin to unfold our innovation internationally,” explains Félix Lapointe, who, after finding out mechanical engineering, enrolled in an MBA in enterprise administration on the College of Laval.

For these three entrepreneurs who’ve the pleasure of mixing three passions: engineering, snowboarding and entrepreneurship, the journey has simply begun.